Mineweb Newsletter
MINEWEB.COM'S TOP STORIES: 25 confirmed dead, 4 missing in worst U.S. mine disaster since 1984 Inbox [Photo] Mineweb newsletter Tue, Apr 6, 2010 at 1:03 AM To: sfrancesten@gmail.com Reply | Reply to all | Forward | Print | Delete | Show original External images are not displayed.
Display images below - Always display images from no-reply@minemail.mineweb.com [Photo] [Photo]
TOP STORIES | Tuesday , 06 Apr 2010 25 confirmed dead, 4 missing in worst U.S. mine disaster since 1984The search for four missing miners has been temporarily suspended after the bodies of 25 miners were discovered underground in the aftermath of an explosion Monday afternoon in a West Virginia coal mine. Tuesday , 06 Apr 2010 Very positive on gold outlook, bullish on platinum and palladium - John LicataGold prices continue to climb and John Licata, chief commodity strategist at Blue Phoenix Inc., says he sees reason to be optimistic about gold's future. Interview with The Gold Report. Tuesday , 06 Apr 2010 Gold never was in a bubble - but how about copper, nickel et Al?Gold is consolidating and may well be poised for another run at its peak. Maybe we should be warythough of base metals prices which have perhaps risen too far too fast. Monday , 05 Apr 2010 6 dead in violence between police and wildcat miners in PeruA protest against new Peruvian government regulations aimed at curtailing pollution by artisanal miners turned deadly Sunday as police clashed with hundreds of protestors who were blocking Peru's main highway. Tuesday , 06 Apr 2010 Fitch assigns stable outlook to Teck, despite Red Dog mine issuesFitch assigned an initial ‘BBB-‘ rating to Teck, but expressed concerns the outcome of a NPDES permit appeal for Teck's flagship Red Dog Mine in Alaska. Tuesday , 06 Apr 2010 Five more bodies found one day after ‘miracle' Chinese mine rescueA day after 115 miners were rescued from a coal mine in China, a week after the accident, more bodies are still being discovered Tuesday , 06 Apr 2010 Rob McEwen's gold stock investment philosophyRob McEwen gives some pointers on key things to look out for when investing in gold stocks. Monday , 05 Apr 2010 Peabody ups Macarther Coal bidBut, the new offer is at a discount to Macarthur's last trading price Tuesday , 06 Apr 2010 Chile considers increasing mining royalties, will honour existing contractsThe world's biggest copper miner is considering using increased royalties to help fund post-quake reconstruction Tuesday , 06 Apr 2010 BHP Billiton, Eskom agree to amend power pricing agreementsThe amendments will cover the price paid for electricity to the miner's aluminium smelters in South Africa and Mozambique Tuesday , 06 Apr 2010 The current consolidation in gold offers a buying opportunityA break through the current consolidation level of US$1,140 could mean a rapid move to $1,200 Monday , 05 Apr 2010 Alcoa cuts stake in Maaden-run $10.8bn aluminium projectThe Saudi mining company called the cut in Alcoa's stake from 40% to 25.1% of the complex in Saudi Arabia a re-jigging of the joint venture project Sunday , 04 Apr 2010 China's central bank raises spectre of world wide asset bubbles and inflationIn a lengthy report on global financial markets, the People's Bank of China also said it expects the dollar to strengthen this year Friday , 02 Apr 2010 Agnico to take over Comaplex for Meliadine gold projectGold and silver miner Agnico Eagle is to take over the 87% of Comaplex it doesn't already own to acquire the Meliadine gold project in Nunavut Friday , 02 Apr 2010 Yesterday's top story: Rob McEwen - gold is the ultimate currencyRob McEwen is sticking to his guns and his predictions when it comes to the price of the yellow metal. Thursday , 01 Apr 2010 MINEWEB RADIO Beyond the Headlines: Capital raising in the platinum sector and a surprising success storyIn this week's edition of Beyond the Headlines, we take a look at the surprisingly successful platinum player, Anooraq. we also look at the Platmin capital raising and delve briefly into the diamond sector Rob McEwen CEO: US Gold Part 1In the first part of this week's Gold Weekly podcast, Rob McEwen talks about the price of gold and why he maintains his view that the yellow metal will reach $2,000 per ounce by year end. He also talks about what to look for in a gold junior Rob McEwen: CEO US Gold Part 2In the second part of this week's Gold Weekly podcast, Rob McEwen talks about prospects for Nevada's Cortez gold trend, Mexican prospects, the Minera Andes dispute with Hochschild and the gold industry's prospects in general David Hargreaves: Mining analystChina and iron ore have once again dominated the headlines but, in a wide ranging discussion we also look at shale gas, economic empowerment in South Africa and rare earth metals
[Photo]Extorre Gold Mines Ltd. ("TSX-XG") is a Canadian gold-silver company operating in Argentina. Formed in March 2010 as a spinout from Exeter Resource Corporation, Extorre is currently transitioning from gold explorer to gold producer status on its very high grade Cerro Moro project. Cash on hand is C$25 million with no debt.
The recently discovered Cerro Moro project is situated near a deepwater port and within an established gold mining district. Other mine operators in the area include AngloGold Ashanti and Pan American Silver. 178 drill holes have defined a NI43-101 compliant resource of 646,000 oz. gold equivalent, at the very high grade of half an ounce of gold per ton. Very significantly for investors, a new resource estimate, incorporating an additional 327 drill holes is scheduled for release this month (April 2010). Extorre is currently conducting mine design and environmental studies that will lead to a mid year decision to seek government approval for a 100,000 oz/yr gold mine.
In the meantime, exploration drilling at Cerro Moro and on other Extorre gold properties will continue through 2010 - a program designed to maintain the growth profile of a company on its way to becoming a mid-tier gold - silver producer.
[Photo] [Photo] [Photo] [Photo] [Photo]
[Photo]
CONFERENCES
Proactive Investors/Mineweb One2One Forum, Chesterfield Mayfair Hotel, London, April 8th 2010: The directors of Frontier Mining (AIM: FML), Extorre Gold Mines Limited (TSX: XG), European Nickel (AIM: ENK) and Ovoca Gold (AIM:OVG) will be presenting. The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during free canapés and wine.
Denver Gold Group European Gold Forum 2010, Park Hyatt, Zurich, Switzerland, April 13-16. Precious metals summit for institutional investors, portfolio and money managers, as well as buy- and sell-side analysts. The Forum showcases many of the world's largest and most prospective precious metals companies along with the opportunity for investors to have one-on-one meetings with senior mining executives.
IIC 2010 New York Hard Assets Conference -Marriott Marquis Hotel, New York, May 9-10. Major annual resource investment conference and exhibition. Presentations from top analysts and financiers, mining companies and resource newsletter editors. Mineweb is a sponsor and will be attending.
Lawrie Williams, London
Dorothy Kosich, Reno
Geoff Candy, GroningenBarry Sergeant, Johannesburg Rhona O'Connell, London Ross Louthean, Perth John Chombah, Botswana
Jan Chadwick, International Sales and Marketing
Alec Hogg - Editor in Chief 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.
Display images below - Always display images from no-reply@minemail.mineweb.com [Photo] [Photo]
TOP STORIES | Tuesday , 06 Apr 2010 25 confirmed dead, 4 missing in worst U.S. mine disaster since 1984The search for four missing miners has been temporarily suspended after the bodies of 25 miners were discovered underground in the aftermath of an explosion Monday afternoon in a West Virginia coal mine. Tuesday , 06 Apr 2010 Very positive on gold outlook, bullish on platinum and palladium - John LicataGold prices continue to climb and John Licata, chief commodity strategist at Blue Phoenix Inc., says he sees reason to be optimistic about gold's future. Interview with The Gold Report. Tuesday , 06 Apr 2010 Gold never was in a bubble - but how about copper, nickel et Al?Gold is consolidating and may well be poised for another run at its peak. Maybe we should be warythough of base metals prices which have perhaps risen too far too fast. Monday , 05 Apr 2010 6 dead in violence between police and wildcat miners in PeruA protest against new Peruvian government regulations aimed at curtailing pollution by artisanal miners turned deadly Sunday as police clashed with hundreds of protestors who were blocking Peru's main highway. Tuesday , 06 Apr 2010 Fitch assigns stable outlook to Teck, despite Red Dog mine issuesFitch assigned an initial ‘BBB-‘ rating to Teck, but expressed concerns the outcome of a NPDES permit appeal for Teck's flagship Red Dog Mine in Alaska. Tuesday , 06 Apr 2010 Five more bodies found one day after ‘miracle' Chinese mine rescueA day after 115 miners were rescued from a coal mine in China, a week after the accident, more bodies are still being discovered Tuesday , 06 Apr 2010 Rob McEwen's gold stock investment philosophyRob McEwen gives some pointers on key things to look out for when investing in gold stocks. Monday , 05 Apr 2010 Peabody ups Macarther Coal bidBut, the new offer is at a discount to Macarthur's last trading price Tuesday , 06 Apr 2010 Chile considers increasing mining royalties, will honour existing contractsThe world's biggest copper miner is considering using increased royalties to help fund post-quake reconstruction Tuesday , 06 Apr 2010 BHP Billiton, Eskom agree to amend power pricing agreementsThe amendments will cover the price paid for electricity to the miner's aluminium smelters in South Africa and Mozambique Tuesday , 06 Apr 2010 The current consolidation in gold offers a buying opportunityA break through the current consolidation level of US$1,140 could mean a rapid move to $1,200 Monday , 05 Apr 2010 Alcoa cuts stake in Maaden-run $10.8bn aluminium projectThe Saudi mining company called the cut in Alcoa's stake from 40% to 25.1% of the complex in Saudi Arabia a re-jigging of the joint venture project Sunday , 04 Apr 2010 China's central bank raises spectre of world wide asset bubbles and inflationIn a lengthy report on global financial markets, the People's Bank of China also said it expects the dollar to strengthen this year Friday , 02 Apr 2010 Agnico to take over Comaplex for Meliadine gold projectGold and silver miner Agnico Eagle is to take over the 87% of Comaplex it doesn't already own to acquire the Meliadine gold project in Nunavut Friday , 02 Apr 2010 Yesterday's top story: Rob McEwen - gold is the ultimate currencyRob McEwen is sticking to his guns and his predictions when it comes to the price of the yellow metal. Thursday , 01 Apr 2010 MINEWEB RADIO Beyond the Headlines: Capital raising in the platinum sector and a surprising success storyIn this week's edition of Beyond the Headlines, we take a look at the surprisingly successful platinum player, Anooraq. we also look at the Platmin capital raising and delve briefly into the diamond sector Rob McEwen CEO: US Gold Part 1In the first part of this week's Gold Weekly podcast, Rob McEwen talks about the price of gold and why he maintains his view that the yellow metal will reach $2,000 per ounce by year end. He also talks about what to look for in a gold junior Rob McEwen: CEO US Gold Part 2In the second part of this week's Gold Weekly podcast, Rob McEwen talks about prospects for Nevada's Cortez gold trend, Mexican prospects, the Minera Andes dispute with Hochschild and the gold industry's prospects in general David Hargreaves: Mining analystChina and iron ore have once again dominated the headlines but, in a wide ranging discussion we also look at shale gas, economic empowerment in South Africa and rare earth metals
[Photo]Extorre Gold Mines Ltd. ("TSX-XG") is a Canadian gold-silver company operating in Argentina. Formed in March 2010 as a spinout from Exeter Resource Corporation, Extorre is currently transitioning from gold explorer to gold producer status on its very high grade Cerro Moro project. Cash on hand is C$25 million with no debt.
The recently discovered Cerro Moro project is situated near a deepwater port and within an established gold mining district. Other mine operators in the area include AngloGold Ashanti and Pan American Silver. 178 drill holes have defined a NI43-101 compliant resource of 646,000 oz. gold equivalent, at the very high grade of half an ounce of gold per ton. Very significantly for investors, a new resource estimate, incorporating an additional 327 drill holes is scheduled for release this month (April 2010). Extorre is currently conducting mine design and environmental studies that will lead to a mid year decision to seek government approval for a 100,000 oz/yr gold mine.
In the meantime, exploration drilling at Cerro Moro and on other Extorre gold properties will continue through 2010 - a program designed to maintain the growth profile of a company on its way to becoming a mid-tier gold - silver producer.
[Photo] [Photo] [Photo] [Photo] [Photo]
[Photo]
CONFERENCES
Proactive Investors/Mineweb One2One Forum, Chesterfield Mayfair Hotel, London, April 8th 2010: The directors of Frontier Mining (AIM: FML), Extorre Gold Mines Limited (TSX: XG), European Nickel (AIM: ENK) and Ovoca Gold (AIM:OVG) will be presenting. The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during free canapés and wine.
Denver Gold Group European Gold Forum 2010, Park Hyatt, Zurich, Switzerland, April 13-16. Precious metals summit for institutional investors, portfolio and money managers, as well as buy- and sell-side analysts. The Forum showcases many of the world's largest and most prospective precious metals companies along with the opportunity for investors to have one-on-one meetings with senior mining executives.
IIC 2010 New York Hard Assets Conference -Marriott Marquis Hotel, New York, May 9-10. Major annual resource investment conference and exhibition. Presentations from top analysts and financiers, mining companies and resource newsletter editors. Mineweb is a sponsor and will be attending.
Lawrie Williams, London
Dorothy Kosich, Reno
Geoff Candy, GroningenBarry Sergeant, Johannesburg Rhona O'Connell, London Ross Louthean, Perth John Chombah, Botswana
Jan Chadwick, International Sales and Marketing
Alec Hogg - Editor in Chief 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.
Posts
0 comments:
Post a Comment