LATEST NEWS

COMMENT

Gold will win the battle of the safe havens

Tuesday , 06 Jan 2009
Ultimately, as the realisation worldwide materialises that the U.S economy is hugely overstretched, gold will come to the fore as the true safe haven - but it may take some time to do so.

CAR BATTERY USAGE

Shortage of lead sees 40 percent metal price rise in China in past month

Tuesday , 06 Jan 2009
Reduced supply, coupled with high winter demand, has seen lead prices rise by some 40 percent in China in the past month.

READER VIEWPOINT

Gold's 2-year cycle

Tuesday , 06 Jan 2009
A Mineweb reader has noticed a recent two-year cycle for gold price behaviour which, if it continues will likely give some guidance to price movements this year and next.

SMELTERS CUT OUTPUT

Freeport to pay Mitsubishi 70 percent more for copper TC/RC

Tuesday , 06 Jan 2009
The first 2009 copper smelting fee rise negotiated between a major producer and a Japanese smelter puts treatment and refining charges up around 70 percent.

SMALL INCREASE

China consolidating position as world No.1 gold producer

Monday , 05 Jan 2009
China's gold output is still rising, but probably at an insufficient rate to counter the falls in production elsewhere in the world.

JONESVILLE PROSPECT

Australian junior strengthens its North American ties with Alaskan coal venture

Tuesday , 06 Jan 2009
Revitalised Australian junior Black Range Minerals has acquired a coal project in Alaska with aspirations of securing export markets in Asia and the Pacific Rim.

READER COMPETITION

Mineweb Reader 2009 gold price competition

Tuesday , 06 Jan 2009
Mineweb is once again organising a gold price prediction competition where readers may try and outdo the experts with their forecasts for the year ahead.

LUNDIN PURCHASE CRITICISM

Hudbay shareholders to vote on board removal proposal

Monday , 05 Jan 2009
Canadian miner Hudbay Minerals' shareholders will be given a vote to express confidence in the Board, or its removal, over the company's proposal to purchase fellow base metals miner, Lundin Mining.

NAMIBIAN QUEST

Phosphate now the new sparkler for Bonaparte Diamond Mines

Monday , 05 Jan 2009
A change of name could be in the wind for Australian explorer Bonaparte Diamond Mines now that it has a tangible marine phosphate resource off the Namibian coast.

MT ISA CUT OFF

Xstrata suspends copper/gold operation as heavy rain batters Queensland

Monday , 05 Jan 2009
Freak weather conditions which have seen Mt Isa cut off by road after almost as much rain in the first few days of 2009 as in the whole of 2008 has led to Xstrata being forced to suspend open pit mining at its Ernest Henry operation.

$142 M DEBT

Debt ridden High River Gold seeks additional funds

Monday , 05 Jan 2009
Canadian headquartered Russian mine operator, High River Gold Mines, now controlled by Russia's Severstal, is looking for additional funds to meet its obligations.

GOLD PRICE COMPETITION

Mineweb's gold guru of the year

Monday , 05 Jan 2009
Readers will recall that in January we launched our 2nd annual Mineweb gold price competition and the various section winners and our overall Gold Guru of the Year are noted below.