Monday, April 30, 2012

MINEWEB.COM'S TOP STORIES: Canada becoming world class iron ore region, copper to rally H2 - Scotiabank's Mohr

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These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page for the rest of the news and expert analysis now available at www.mineweb.com

 

 
 

TOP STORIES | Monday , 30 Apr 2012                                                     

Canada becoming world class iron ore region, copper to rally H2 - Scotiabank's Mohr

China's push to diversify its supplies away from the big three iron ore miners is propelling development that will transform Canada's Nunavut/Labrador Trough into a world-class iron ore region.    Monday , 30 Apr 2012

Rare Earths riches could give Canada competitive, political advantages

Canada's REE richness could transform it from being the U.S.'s unassuming neighbor into a powerhouse in terms of political leverage and influence, the Canadian Chamber of Commerce suggests.    Monday , 30 Apr 2012

Europe's gold miners getting their hands dirty again

Where others see economic chaos, a number of miners see the opportunity to get Europe's gold mining sector moving again - a position being mirrored in other metals too.    Friday , 27 Apr 2012

Aussie Mining magnate Palmer launches 'unsinkable' quest for Parliamentary seat

Clive Palmer, the colorful and controversial Queensland mining entrepreneur, is challenging Australia's Labor Party Government head-on as a would-be candidate for Australia's Parliament.    Monday , 30 Apr 2012

Sprott and Baker: Global physical gold market undergoing staggering change

'When gold fundamentals no longer apply, review the fundamentals'. The physical gold market is seeing enormous changes and this will have to feed through in terms of hugely rising prices.    Sunday , 29 Apr 2012

AngloGold sees first gold at Congo's Mongbwalu mine next year

The miner is aiming to start pouring gold at its Mongbwalu mine, which lies in the formerly war-torn region of Ituri in the DRC, by the end of 2013.    Monday , 30 Apr 2012

The vested interests of the U.S. Fed and a return to real money (gold and silver)

The structure of the U.S. Federal reserve makes it beholden to its shareholders - the major banks and institutions and it seems to have strayed far from its original purpose.    Sunday , 29 Apr 2012

Africa, gold's hot frontier: Nana Sangmuah

Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. Nana Sangmuah, managing director of research with Clarus Securities, expects that trend to continue. Gold Report interview    Saturday , 28 Apr 2012

Iamgold 'kissed a lot of frogs' to find Trelawney and its big Canadian gold project

Iamgold's Stephen Letwin describes an expanded - and less risky - geographic base to work from in acquiring Trelawney Mining and Exploration and its 6 million oz Côté Lake gold project    Saturday , 28 Apr 2012

Zambia - Africa's No.1 copper miner won't change mining tax codes, targeting compliance

Zambia's Vice-President pledges that the country would not change its mining tax codes as some had feared but would increase revenues through ensuring greater company compliance.    Saturday , 28 Apr 2012

Copper hits near one-month high despite holiday-thinned trade

Prices climbed to their highest level in nearly a month Monday although trading volumes were lean with markets in top buyer China shut for a public holiday.    Monday , 30 Apr 2012

Spot iron ore may resume decline when China returns

With participants away for a public holiday on Monday, traders expect spot iron ore prices to resume their decline when the Chinese markets reopen on Wednesday.    Monday , 30 Apr 2012

Chinese smelters to deliver copper to LME - Jiangxi Copper unit

The company says large Chinese copper smelters and trading firms have agreed to deliver refined copper cathodes to the LME in the next two months in a bid to boost the availability of the metal in the global market.    Monday , 30 Apr 2012

Dissident shareholder demands Baja CEO's resignation

Baja Mining applies to the TSX to request a delay of a scheduled AGM as a boardroom feud escalates.    Friday , 27 Apr 2012

Gold caught in range as Europe heads to a 'suicide'

Gold prices remained steady around the $1,650 mark on Friday heading for its seventh successive Friday PM gold fix between $1600 and $1700 an ounce.    Friday , 27 Apr 2012

Australian explorer Azimuth grows its grade potential with Guyana gold

The Western Australian explorer is building on its high grade results on gold tenements in Guyana in South America.    Friday , 27 Apr 2012

Weekend's Top Story: Twelve countries increase their gold reserves in March - some significantly

Latest IMF statistics show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years.    Tuesday , 24 Apr 2012

PODCASTS / RADIO                                                     

Mine financing, silver and Silver Wheaton's prospects - Randy Smallwood

Silver Wheaton CEO, Randy Smallwood, explains why the current funding environment is good for the company and why he remains bullish on the metal.

Real interest rates and the lack of a gold bubble - Ross Norman

Speaking to Mineweb from the Denver Gold Group's European Gold Forum, Ross Norman explains why gold is not in a bubble and why investors must continue to come to the party

The likelihood of QE and a long-cycle correction for gold – Murenbeeld

Gold is roughly in the middle of a 20 to 25 year cycle and should break through its all time highs within the next few years but, it won't be smooth sailing

Junior financing and avoiding "slippery slope" economics

GCIC portfolio manager, Robert Cohen, looks at the lay of the gold equity land and what the money currently on the sidelines is looking for

NOTICE OF FORECLOSURE SALE OF INTEREST IN MINING COMPANY

Pursuant to Article 9 of the Nevada Uniform Commercial Code, Secured Creditor Waterton Global Value, L.P. (Secured Creditor) or its designated agent will sell 300 Member Ownership Interests of Mineral Ridge Gold, LLC (Mineral Ridge LLC), a Nevada limited liability company, represented by share certificate No. 2 and representing a 30% ownership, as further described below (the Mineral Ridge LLC Collateral), to the highest qualified bidder in a public sale as follows:

Click here for the full release

 
 

CONFERENCES

2012 New York Hard Assets Investment Conference and Exhibition
Date: 14 May 2012 - 15 May 2012
Venue: Marriott Marquis Hotel, Times Square, New York
The New York Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Mineweb will be in attendance. Read More
RES - Broken Hill 2012
Date: 20 May 2012 - 23 May 2012
Venue: Civic Centre, Broken Hill, Australia
A 2.5 day symposium with key industry players, private investors and world class international speakers. Learn more about the resources and energy sector and how it impacts Australia's future and the global economy. Read More
Earth's Resources Conference 2012
Date: 20 June 2012 - 21 June 2012
Venue: JW Marriott Hotel, Hong Kong
A high-powered invitation-only conference bringing together institutional investors and mining companies interested in particular in generating investment in the Asian marketplace. Read More

ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

Asia and Australasia

Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney

Africa

Christy Filen, Johannesburg


Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

 

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Johannesburg

 

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Friday, April 27, 2012

MINEWEB.COM'S TOP STORIES: U.S. House bill aims to reduce one of world's longest permitting processes

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These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page for the rest of the news and expert analysis now available at www.mineweb.com

 

 
 

TOP STORIES | Friday , 27 Apr 2012                                                     

U.S. House bill aims to reduce one of world's longest permitting processes

In a world where competition for mineral resources is increasingly fierce, America can't afford to neglect a permitting process that stalls investment say U.S. mining advocates.    Friday , 27 Apr 2012

Newmont maintains 2012 gold, capex guidance, despite Conga delays

Newmont reported attributable gold production of 1.3 million ounces and 35 million pounds copper during the first quarter.    Friday , 27 Apr 2012

Gold Standard flies on hot drillhole from Nevada

Gold Standard eyes higher grades as it drills 164 metres @ 3.38 g/t gold in Nevada's Carlin Trend.    Thursday , 26 Apr 2012

Agnico-Eagle predicts 'a solid operating year' for 2012

All five Agnico-Eagle operations achieved increased gold production in the first quarter, thanks to operating efficiencies.    Friday , 27 Apr 2012

Endeavour Silver and Aurico Gold both winners in El Cubo transaction

The El Cubo transaction whereby Endeavour Silver buys this Mexican silver/gold mine from AuRico Gold appears to be an ideal one offering excellent benefits to both parties.    Thursday , 26 Apr 2012

Blyvoor shaft closure knocks DRDGold's quarterly profit

While the group's underground operations struggled during the quarter the surface ops continued to perform    Thursday , 26 Apr 2012

Edgewater upbeat on debt financing prospects for Corcoesto gold project

Edgewater Exploration tells Mineweb banks are receptive about debt and that it could break ground on the Corcoesto gold project in northwestern Spain next year.    Thursday , 26 Apr 2012

West African gold - great opportunities, complex risks

A fast changing socio-political environment presents a multiplicity of challenges for gold miners in West Africa, one of the world's most prospective regions for gold exploration and production.    Thursday , 26 Apr 2012

Junior Focus: Candelaria Silver - early-stage Peruvian silver/gold project with potential

Prospectivity and management expertise are vital to an exploration company and a new Peruvian silver play about to IPO on the TSX-V seems to have both.    Thursday , 26 Apr 2012

Inmet quarterly profit jumps 62% on higher copper production

The Canadian miner said higher copper production outweighed lower metal prices and a drop in zinc output to boost earnings above analyst expectations    Friday , 27 Apr 2012

Higher tax bills likely to weigh on Vale

While the group believes demand for its products will recover this year, it also expects higher taxes that will dampen any improvement in metal markets.    Friday , 27 Apr 2012

Global aluminium demand waning - Hydro

The Norway-based aluminium producer said it expected global aluminium demand to come in at the low end of expectations after reporting a larger-than-expected drop in Q1 earnings    Friday , 27 Apr 2012

Sundance one step closer to construction at Mbalam project

The junior miner is now a little closer to beginning construction at the iron ore project and selling the business to Hanlong Mining, after signing off on key terms with the Cameroon government.    Friday , 27 Apr 2012

Chile court rejects Codelco bid to freeze Anglo Sur dividends

Santiago's 14th civil court rejected Wednesday Codelco's request to freeze some dividends from Anglo American's south central Chile assets, helping clear some shareholder uncertainty in a dispute seen dragging on for years.    Thursday , 26 Apr 2012

Rusal's Glencore deal helps secure high aluminium prices

Leading aluminium supplier Rusal says the seven-year term contract with Glencore will allow it to secure sales at near record high premiums over spot prices this year.    Thursday , 26 Apr 2012

Sandvik's Q1 profit surprise

The Swedish machinery and tool maker posted a surprise rise in Q1 earnings on the back of strong demand in the West and record sales in its industrial tools business    Friday , 27 Apr 2012

Kazakhmys Q1 copper output dips on adverse weather

London-listed Kazakhmys reported Thursday a fall in its first quarter copper output after unusually cold weather at the start of the year disrupted transport and processing.    Thursday , 26 Apr 2012

Yesterday's Top Story: Possible imminent Eurozone collapse a game-changer for gold

Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!    Wednesday , 25 Apr 2012

PODCASTS / RADIO                                                     

Mine financing, silver and Silver Wheaton's prospects - Randy Smallwood

Silver Wheaton CEO, Randy Smallwood, explains why the current funding environment is good for the company and why he remains bullish on the metal.

Real interest rates and the lack of a gold bubble - Ross Norman

Speaking to Mineweb from the Denver Gold Group's European Gold Forum, Ross Norman explains why gold is not in a bubble and why investors must continue to come to the party

The likelihood of QE and a long-cycle correction for gold – Murenbeeld

Gold is roughly in the middle of a 20 to 25 year cycle and should break through its all time highs within the next few years but, it won't be smooth sailing

Junior financing and avoiding "slippery slope" economics

GCIC portfolio manager, Robert Cohen, looks at the lay of the gold equity land and what the money currently on the sidelines is looking for

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

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Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 
 

CONFERENCES

2012 New York Hard Assets Investment Conference and Exhibition
Date: 14 May 2012 - 15 May 2012
Venue: Marriott Marquis Hotel, Times Square, New York
The New York Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Mineweb will be in attendance. Read More
Denver Gold Forum 2012
Date: 09 September 2012 - 12 September 2012
Venue: Hyatt Regency, Denver, CO, USA
Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More
2012 Chicago Hard Assets Investment Conference and Exhibition
Date: 21 September 2012 - 22 September 2012
Venue: McCormick Place Convention Center/McCormick Place Hyatt
The first Chicago Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Read More

ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

Asia and Australasia

Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney

Africa

Christy Filen, Johannesburg


Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

 

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Johannesburg

 

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Thursday, April 26, 2012

Latest news on : Wikio - Century Aluminum Company

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StockGuru Leader Board: Century Aluminum Co. (NASDAQ: CENX) Closed Up 11.84% on Wednesday (StockGuru Blog)

Century Aluminum Co. (NASDAQ: CENX) is on The StockGuru Leader Board today. The stock closed up 11.84% on Wednesday. Volume was 3,515,021 shares traded. Join in on the Discussion about CENX: http://members.stockguru.com/stocks/cenx/ About the Company: Century Aluminum Company, through its subsidiaries, produces primary aluminum in the United...

Source : StockGuru Blog

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MINEWEB.COM'S TOP STORIES: Newfoundland/Labrador help maintain Canadian mining superpower status - Gratton

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These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page for the rest of the news and expert analysis now available at www.mineweb.com

 

 
 

TOP STORIES | Thursday , 26 Apr 2012                                                     

Newfoundland/Labrador help maintain Canadian mining superpower status - Gratton

Rich resources, a skilled workforce and large investments are poising the province of Newfoundland and Labrador for billions in new mining growth, says Mining Association of Canada CEO Pierre Gratton.    Thursday , 26 Apr 2012

Adverse Red Lake ground conditions cut Goldcorp Q1 gold output

The last piece of Peñasquito's mine processing line has now been commissioned, which will enable the world-class operation to finally achieve designed capacity.    Thursday , 26 Apr 2012

Argentina's Kirchner Administration supportive of foreign mining - Orocobre

Australian-based junior Orocobre Limited says that the country's mining sector is fundamentally different to its energy sector.    Thursday , 26 Apr 2012

Possible imminent Eurozone collapse a game-changer for gold

Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!    Wednesday , 25 Apr 2012

Canaco 'reputation' on the line as regulators call hearing over material disclosure

Canaco and the British Columbia Securities Commission are set to duel in a hearing in May over whether infill drilling results were material.    Wednesday , 25 Apr 2012

New Sumatra low cost gold project eyes peers Way Linggo and Martabe - Junior focus

Sumatra Copper and Gold is bringing a small scale gold mining project in Indonesia into production and hopes to emulate peers Way Linggo and Martabe.    Wednesday , 25 Apr 2012

Coal of Africa Vele mine easy on the eyes and environment

Painted the colour of desert sand to blend into the background, the coal miner's coal washing plant has been built to be as gentle on the surrounding landscape as possible.    Wednesday , 25 Apr 2012

China unveils industrial metals capacity cut for 2012

The cut is part of the country's efforts to reduce pollution and improve efficiency, the Ministry of Industry and Information Technology said Thursday.    Thursday , 26 Apr 2012

Mongolia review plan could disrupt SouthGobi deals

It is feared Mongolia's plan to enact foreign investment rules that will allow it to review deals affecting companies with assets in the country could delay two separate agreements involving coal miner SouthGobi Resources.    Thursday , 26 Apr 2012

JFE Steel boosting purchases from sources other than BHP Billiton

The company says it is looking to buy coking coal from sources other than BHP Billiton, as prolonged industrial action and heavy rain constrain shipments from BHP's Queensland coal mines.    Thursday , 26 Apr 2012

Vale Q1 profit nearly halves

The world's largest iron ore miner attributed the fall in profit for the first quarter to rain-affected exports, falling prices and higher capex spend    Thursday , 26 Apr 2012

Chile $100bn copper push under threat on power scarcity

President of Chilean mining lobby group Consejo Minero, Joaquin Villarino, says the country will have to shelve many of its mining investments due to the high cost and scarcity of electricity.    Wednesday , 25 Apr 2012

Chalco consortium finalises Guinea JV with Rio Tinto

The Chalco-led consortium has finalised its JV with Rio Tinto to operate the Simandou iron ore project in Guinea following the completion of all Chinese regulatory approvals.    Wednesday , 25 Apr 2012

Yuan to become major commodity currency - traders

According to bankers and traders China's policy of gradually freeing up trade in its currency could mean that commodities are paid for in yuan within a decade    Thursday , 26 Apr 2012

Yesterday's Top Story: Twelve countries increase their gold reserves in March - some significantly

Latest IMF statistics show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years.    Tuesday , 24 Apr 2012

PODCASTS / RADIO                                                     

Mine financing, silver and Silver Wheaton's prospects - Randy Smallwood

Silver Wheaton CEO, Randy Smallwood, explains why the current funding environment is good for the company and why he remains bullish on the metal.

Real interest rates and the lack of a gold bubble - Ross Norman

Speaking to Mineweb from the Denver Gold Group's European Gold Forum, Ross Norman explains why gold is not in a bubble and why investors must continue to come to the party

The likelihood of QE and a long-cycle correction for gold – Murenbeeld

Gold is roughly in the middle of a 20 to 25 year cycle and should break through its all time highs within the next few years but, it won't be smooth sailing

Junior financing and avoiding "slippery slope" economics

GCIC portfolio manager, Robert Cohen, looks at the lay of the gold equity land and what the money currently on the sidelines is looking for

MICROMINE CHALLENGE SUPPORT OUR TEAM IN JUNE 2012!

The MICROMINE UK Team will be cycling 54 miles from London to Brighton for charity this summer!

You can support our efforts to raise money for the British Heart Foundation by clicking on the link below to pledge your support to our team!

Donate

Thank you for your support!

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CONFERENCES

2012 New York Hard Assets Investment Conference and Exhibition
Date: 14 May 2012 - 15 May 2012
Venue: Marriott Marquis Hotel, Times Square, New York
The New York Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Mineweb will be in attendance. Read More
Denver Gold Forum 2012
Date: 09 September 2012 - 12 September 2012
Venue: Hyatt Regency, Denver, CO, USA
Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More
2012 Chicago Hard Assets Investment Conference and Exhibition
Date: 21 September 2012 - 22 September 2012
Venue: McCormick Place Convention Center/McCormick Place Hyatt
The first Chicago Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Read More

ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

Asia and Australasia

Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney

Africa

Christy Filen, Johannesburg


Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

 

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Johannesburg

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise