WHATS NEW

SOME WARNING LIGHTS ABOUND

ETFs in 2010 - platinum and gold are both winners and losers

Friday , 12 Mar 2010
A brief review of the performance of the major precious metals funds
SIMMER & JACK SUPPORTS RECAPITALISATION

First Uranium seeks C$150m cash

Friday , 12 Mar 2010
Beleagured uranium-gold producer returns from deathwatch as CEO Gordon Miller quietly slips off the board of directors.
MINING STEREOTYPES

"Avatar" not winning many friends in mining circles

Friday , 12 Mar 2010
The movie could be seen to set back attempts by big mining to battle negative stereotypes, particularly around its relation to the environment
BUYOUT ACTION

Kinross to acquire Underworld Resources at a 36% premium

Friday , 12 Mar 2010
Kinross says the deal, which values the exploration company at C$139.2m will help it expand its asset base in northwest North America
2009 NET EARNINGS DROP to $240M

Goldcorp's project pipeline, acquisitions to yield even more gold ounces in 2010

Friday , 12 Mar 2010
Goldcorp says 2009 operating cash flow exceeded $1.2 billion, thanks to record gold production.
STRIKE ACTION

Union suspends strike at world's top bauxite miner

Friday , 12 Mar 2010
The union at Guinea's CBG suspended the strike ahead of next weeks negotiations
‘EVERYBODY WANTS TO GET TO THE NEXT LEVEL'

Capital Gold still dreams of growing big

Friday , 12 Mar 2010
The small gold miner, nearly bought out for C$0.76 a year ago is now mulling its options which include, acquisitions, and the prospect of looking for a new suitor.
CBH RESOURCES TAKEOVER

Revised Proposal from Nyrstar NV may thwart Toho Zinc

Friday , 12 Mar 2010
The Australian lead-zinc-silver and copper miner CBH Resources Ltd (ASX: CBH) has received an improved offer for the company from big Belgium refiner Nyrstar NV that appears to upstage a bid on the table from the company's major shareholder Toho Zinc of Japan.
OFFER EXPIRES ON MARCH 22

Agrium abandons CF Industries bid

Friday , 12 Mar 2010
The decision, which comes after a three-way merger battle between the two companies and Terra Industries, brings CF slightly closer to finalizing a deal with Terra.
AFTERSHOCKS

Chilean mining, refinery sectors escape damage during aftershocks

Friday , 12 Mar 2010
Seven tremors, one 6.9 in magnitude, rocked the quake-ravished country but both Codelco and Anglo American say their mines were unharmed
SUDBURY SAGA

Sudbury workers reject Vale's new contract settlement offer

Friday , 12 Mar 2010
The decisive rejection of the offer means the stoppage, now into its eighth month will continue.
$175M FOR PROJECT DEVELOPMENT, EXPLORATION

Paulson, Soros hedge funds complete NovaGold investment

Friday , 12 Mar 2010
Despite years of struggling, NovaGold has struck gold with the financial backing of two of the world's best known hedge fund managers, John Paulson and George Soros.
HIGHLY-ENRICHED URANIUM

Russia likely to cease uranium exports from decommissioned weapons in 2013 - Cameco

Thursday , 11 Mar 2010
The uranium miner's CEO says the group is increasingly convinced, although still skeptical that this is when the 20-year deal between the country and a consortium of companies commissioned to sell the highly-enriched uranium will come to an end.
GOLD BULLS

Four reasons gold will remain firm and strengthen - Blanchard Chair

Thursday , 11 Mar 2010
Blanchard Chairman, Donald Doyle sees numerous reasons that point to gold's nine-year bull run continuing in both the near and long term.
COMMENTARY

Special report: Are the days of "big gold" over?

Thursday , 11 Mar 2010
As cash pressures mount, gold majors move to mine the markets, which are proving more lucrative than the mining of gold.
FULL YEAR NUMBERS

Uranium One announces $36.5m net loss for full year 2009

Thursday , 11 Mar 2010
But, the group says it expects to nearly double production in 2010
ANY INVESTMENT MUST BENEFIT SA

China showing strong interest in SA mines - SA mines minister

Thursday , 11 Mar 2010
South Africa's mines minister, Susan Shabangu, also reiterated to investors that there are no plans to nationalize the country's mines.
KINGS VALLEY

Western Lithium looking for strategic partners for Nevada mine

Thursday , 11 Mar 2010
The group hopes to bring the mine on line by early 2014 at a cost of about $114m
CLIFFS FOCUSES ON EXPANSION, EXPLORATION

As Cliffs Resources makes $400m public offering, S&P assigns ‘BBB-‘ rating

Thursday , 11 Mar 2010
Standard & Poor's approves of Cliffs Natural Resources' plan, which bets on the resurgence of global steel markets, and will result in some product diversification.
PRODUCTION FORECAST

Kinross to add roughly 1m oz of gold production by 2015

Thursday , 11 Mar 2010
The group says it will also complete a prefeasibility study on its Fruta del Norte project in Ecuador by year-end
AIMING TO BECOMES A GLOBAL PLAYER

Antofagasta looking to double output after 2015

Thursday , 11 Mar 2010
The Chilean miner's CEO says the group has already had informal discussions with banks about debt financing for Reko Diq and will also look at possible takeover targets
COPPER PRICES

Copper to average $6,600 per tonne in 2010 - Antofagasta

Thursday , 11 Mar 2010
The Chilean miner expects improving US and European demand to support prices
METALS NEEDED FOR RECONSTRUCTION

Undamaged Chilean mining sector powerful economic rebuilding tool for Chile's new president

Thursday , 11 Mar 2010
As Sebastian Pinera assumes Chile's presidency today, an economically powerful and healthy domestic mining sector could prove a powerful tool in the rebuilding of the earthquake damaged nation.
GOLD WEEKLY

Gold ETFs stand to gain as bigger investors look to gold as an alternative currency

Wednesday , 10 Mar 2010
As investors focus more and more on sovereign risk issues so gold stands to gain
MINE ACCIDENT

Harmony halts Evander ops after death

Wednesday , 10 Mar 2010
A worker was killed in a rockfall at the South African gold miner's Evander No. 8 shaft; the group says it is nclear when output will resume
HOTAZEL TURNKEY PROJECT

Outotec to supply Euro 119 M manganese sinter plant

Wednesday , 10 Mar 2010
Finnish metallurgical and mineral processing giant, Outotec, has been commissioned to build a sinter plant for Kalagadi Manganese in South Africa
MONSTER SOUTH AUSTRALIAN DEPOSIT

Is Carrapateena on the auction block?

Wednesday , 10 Mar 2010
The Carrapateena polymetallic project raised eyebrows earlier this decade with what must be the best mineral intersection ever in Australia but it has been relatively dormant since the global financial crisis. Now development options are being explored - an euphemism for a joint venture or sale.
INVESTOR HUB: Gold / Copper

   


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SOME WARNING LIGHTS ABOUND

ETFs in 2010 - platinum and gold are both winners and losers

Friday , 12 Mar 2010
A brief review of the performance of the major precious metals funds
More 

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