USA

HOUSE SUBCOMMITTEE HEARING ON U.S. REE SUPPLY

Rare Earths R&D funding critical to stemming brain drain in U.S. materials manufacturing

Friday , 19 Mar 2010
If the U.S. fails to re-establish domestic rare earth mineral supplies and fund REE R&D, meeting domestic energy, healthcare and transportation needs may be difficult, a top GE scientist says.
TRADE ACTION SOUGHT IN CHINA REE MICRO-MANAGEMENT

Rare earth minerals critical U.S. national security issue ‘with potentially severe consequences'-House Rep. Coffman

Friday , 19 Mar 2010
U.S. House committees and representatives are getting serious about the U.S. rare earths supply chain, China's plan to create a Rare Earth OPEC, and reviving domestic rare earth mining and exploration.
MERGER ACTION

Massey Energy looking for still more acquisitions

Thursday , 18 Mar 2010
The miner, still fresh from the announcement of the $960m acquisition of Cumberland resources, will continue to look for other coal and natural gas targets
COURT MAY BE BEST VENUE TO RESOLVE LOAN DISPUTE

Hochschild Mining sues Minera Andes over $65mn San Jose silver mine loan

Thursday , 18 Mar 2010
A long-running dispute between Hochschild Mining and Minera Andes $65 million loan to the San Jose silver-gold project, which previously generated an unsuccessful takeover bid, is now before a New York court.
SILVER, PGMS WILL OUTPERFORM GOLD

BMO forecasts gold, silver, and PGMs to do ‘very well' next few years

Thursday , 18 Mar 2010
BMO Global Commodity Strategist Bark Melek says global growth is reigniting industrial metals, as silver and PGMs are expected to outperform firm and stable gold.
EARNINGS NUMBERS

Cloud Peak shares jump on strong fourth quarter numbers

Wednesday , 17 Mar 2010
The US-based coal miner spun off by Rio Tinto said the results were helped by stronger prices from forward sales contracts
COPPER MARKET UPDATE

US Fed statement boosts copper prices

Wednesday , 17 Mar 2010
Prices helped by the continued slide of the dollar
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.
$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.
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
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
PALLADIUM MARKET

Norilsk sees strong future for palladium

Wednesday , 10 Mar 2010
Future jewelry and industrial demand is likely to be good the Russian miner says
REKO DIQ

Barrick CEO optimistic Reko Diq gold-copper project will go ahead

Wednesday , 10 Mar 2010
Aaron Regent said Tuesday the company is continuing to have discussions with the Baluchistan government but added a resolution could take months
SCRAP SUPPLY

Schnitzer sees healthy demand for US steel scrap

Wednesday , 10 Mar 2010
The group says it is driven primarily by export market consumption largely out of Asia
GOLD AND INFLATION

Gold likely to benefit from inflation - Newmont CEO

Tuesday , 09 Mar 2010
While accommodative monetary policy has helped the world back onto its feet, there is a cost involved
NEW OUNCES

Size isn't everything - Goldcorp CEO

Tuesday , 09 Mar 2010
Annual gold production could double by 2018 but the group believes there is a size, beyond which one doesn't want to grow
SILVER SALES

Record demand pushes US Mint silver coin sales up over 40% so far this year

Friday , 05 Mar 2010
Silver sales hit 3.59 million ounces in January, a record in the history of the Mint's bullion programme
TIME WILL TELL

New coking coal indices launched

Thursday , 04 Mar 2010
The indices, created by Energy Publishing are intended to help the industry move away from annual contract pricing
17.6MN GOLD OZS IN RESERVES

Yamana exceeds 1M gold equiv ounces in 2009

Thursday , 04 Mar 2010
Yamana plans to build on existing production through mine expansions and throughput increases, new mine development, exploration and targeting "other gold consolidation opportunities in the Americas."
SILVER ETFS TO SLIGHTLY DECLINE

RBC says silver demand will continue to outpace new mine supply

Wednesday , 03 Mar 2010
RBC Capital Markets estimates that most silver equities will be reflecting a long-term silver price of $13/oz, well below the current spot price of $16.44/oz.
4.26 MN OZS GOLD RESERVES, 374 MN OZS SILVER

Fresnillo will emphasize exploration, mine and production growth in 2010

Wednesday , 03 Mar 2010
The world's largest primary silver miner, Mexico's Fresnillo reported a year of "significant operational progress," substantial increase in total resources, and record silver production in 2009.
BMO CAPITAL MARKETS GLOBAL METALS & MINING CONFERENCE

BMO's Melek says supply constraints already evident in copper

Tuesday , 02 Mar 2010
BMO's global commodity analyst Bart Melek has a "quite robust view of the commodity market" and anticipates a "robust restocking cycle" in metals.
BMO GLOBAL METALS & MINING CONFERENCE

Royal Gold's Jensen says IRC acquisition, Andacollo royalty provide wonderful growth platform

Tuesday , 02 Mar 2010
Royal Gold's friendly merger with cross-town royalty rival International Resources Corp., combined with royalties from the Andacollo deposit, provides a wonderful base to grow the company.
INVESTOR HUB: Gold / Copper

   


TOP STORIES

VANADIUM ENHANCEMENT PROMISE

The future's hot for lithium - and getting hotter

Saturday , 20 Mar 2010
Lithium is not just a flavor of the year. It is in high demand for hybrid and electric vehicles, laptops, cell phones and will remain even more so as technology is perfected and consumer demand increases globally. The Gold Report interviews Jon Hykawy.
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