WHATS NEW

RECORD COPPER, ZINC PRODUCTION

Teck comes roaring back in 2009 with second highest earnings ever

Tuesday , 09 Feb 2010
Strong base metals prices and record metals production last year gave Teck Resources a welcome infusion of profits in 2009, which enabled Canada's largest miner to report its second highest net earnings ever.
$9.63BN IN U.S. LISTED COMPANIES

China's CIC fund bets on North American coal, gold, iron ore, potash

Tuesday , 09 Feb 2010
The $200-billion China Investment Corp. has made substantial investments in the North American mining industry and, in particular, Teck Resources.
MONEY LOOSENING AGAIN

Gold and the dollar - the fear factor

Tuesday , 09 Feb 2010
Gold and the dollar move inversely to each other up and down as investor fears move from one perceived safe haven to another.
21st CENTURY ALCHEMY

Converting paper to gold - a change in market perception

Tuesday , 09 Feb 2010
Not only does Chris Potter stand by his claim that India's big gold buy late last year was a game-changer, it's a 21st century take on the classic alchemist's quest of old-transforming lead into gold - or in this case paper into gold. Interview with The Gold Report.
INVESTMENT INSIGHTS

Anglo Platinum gets full nine yards

Monday , 08 Feb 2010
Is Anglo American beating around the bush, or setting itself up for a rights issue?
FULL YEAR EARNINGS DOWN; IN LINE WITH GUIDENCE

Angloplat's $1.6bn rights issue backed by owner

Monday , 08 Feb 2010
The group said the issue would pay off most of its debt before adding that it expects platinum demand will grow in 2010.
DIVIDEND TO RISE 30%

‘Great year' for Randgold as on way to 1 million oz/y gold by 2013

Monday , 08 Feb 2010
Randgold Resources has come up with strong figures for Q4 and for the whole of 2009 and has sharply increased its dividend and has a significant new project pipeline ahead.
AWASH WITH MINERAL DEPOSITS

Mongolian PM confirms Tavan Tolgoi decision

Monday , 08 Feb 2010
Sukhbaatariin Batbold says the decision not to auction the stake in the massive coal project will mean the country will get a greater return on the asset
PROFIT NUMBERS

Xstrata shares up on dividend announcement

Monday , 08 Feb 2010
The decision, say analysts, reflect an upbeat view of the commodities markets
TEAM STRENGTHENING

More positive results on copper-gold project for high-flyer Sandfire

Monday , 08 Feb 2010
More high copper and gold values reported at Sandfire's De Grussa prospect have given the company's shares another boost as maiden resource announcement imminent.
MANAGEMENT SHUFFLE

BHP names new Iron ore chief

Monday , 08 Feb 2010
In the second major management reshuffle of a big miner in a week, the group announced that Chris Campbell is the new president of the group's iron ore business
MEADOWBANK GOLD MINE NEARS PRODUCITON

New mining development critical to Nunavut economic growth

Monday , 08 Feb 2010
This past weekend's meeting of the G7 Finance Ministers in Iqaluit, Nunavut, brought renewed global attention to the critical need for mining dollars to stimulate the economy of Canada's newest territory.
QUARTERLY NUMBERS

Harmony Q2 earnings up on higher gold price

Monday , 08 Feb 2010
The gold miner says it is looking for growth opportunities but cautions that the rand price of gold is likely to be flat for the next 12 months
GOLD UPDATE

The recent sell-off in gold could mean the correction is nearly complete.

Monday , 08 Feb 2010
And, as the price of gold approaches the $1,000 we could see some renewed interest by central banks
ASARCO ACQUISITION REAPS $1.024BN TAX SAVINGS

Grupo Mexico predicts growth in copper and other metals, reversing upward inventories trends

Monday , 08 Feb 2010
With the re-acquisition of U.S. copper miner Asarco, Grupo Mexico claims it is now the world's top company in terms of copper reserves.
NO MORE MR NICE GUY

China and U.S. heading for a cold war? What impact on gold?

Sunday , 07 Feb 2010
Some observers feel that China may be looking to retaliate over recent U.S. political statements and moves and a recent Chinese poll suggests it and the U.S. may be moving towards a ‘cold war'. Such political uncertainties could have a positive impact on the gold price.
MINEWEB PODCASTS AND RADIO

John Embry on gold and Barry Sergeant on top 100 mining movers and shakers

Sunday , 07 Feb 2010
Mineweb has recently introduced podcasts where key figures are interviewed. The first of these is from John Embry of Sprott Asset Management talking on gold.
BOARD CHANGES

The hunt is on for a new chairman at the London Metal Exchange

Friday , 05 Feb 2010
Donald Brydon is leaving to look after other business interests and, analysts maintain the replacement is unlikely to come from a metals background
INVESTMENT INSIGHTS

Silver stocks smashed and bloodied

Friday , 05 Feb 2010
It's seems to be a case of "who blinks first" in this USD 25bn equities subsector, where the king of volatility resides.
WORLD'S GREATEST MINING FRANCHISE

Exxaro (and other) iron ore wannabes

Friday , 05 Feb 2010
65 listed iron ore development companies twist like devils to get to the front of a global pack
MARKET MAYHEM

Is the double dip upon us? Markets, gold and commodities plunge

Friday , 05 Feb 2010
The latest falls in the markets and gold and commodity prices are raising the fear factor among investors as worries about a double dip recession resurface.
NOTE FROM THE CAPE

Thoughts on Indaba - upbeat atmosphere before the gold price drop

Friday , 05 Feb 2010
The annual Mining Indaba is now over and it was much more upbeat than that of last year, but the survivors will have to face the big drop in the markets as they return to their desks.
TRADING IN GOLD

Thursday's drop in gold the biggest one-day loss since 2008

Friday , 05 Feb 2010
A wave of risk aversion helped to trigger massive technical selling of the yellow metal
GOLD MARKET UPDATE

Risk aversion keeps gold floating just above three-month lows

Friday , 05 Feb 2010
Fears around mounting risks posed by rising sovereign debt in Europe kept investors wary as trading thinned ahead of Chinese New Year
NUCLEAR RENAISSANCE?

Nuclear second coming could run out of steam - Expert

Friday , 05 Feb 2010
A Canadian think tank has challenged the idea that a nuclear renaissance is in full swing stating that new reactor construction is likely to be held back by a variety of issues
CHINA - RIO RELATIONS

Rio Tinto names new China head, hopes to improve relations

Friday , 05 Feb 2010
Ian Bauert, among other things, a fluent Mandarin speaker has been named head of the miner's China business and charged specifically with improving the group's relationship with the superpower
STAKE WORTH C$825M

Teck sale of Waneta Dam stake approved

Friday , 05 Feb 2010
The group is selling the stake as part of a bid to reduce its debt load following its acquisition of Fording Canadian Coal Trust
INVESTOR HUB: Gold / Copper

   


TOP STORIES

RECORD COPPER, ZINC PRODUCTION

Teck comes roaring back in 2009 with second highest earnings ever

Tuesday , 09 Feb 2010
Strong base metals prices and record metals production last year gave Teck Resources a welcome infusion of profits in 2009, which enabled Canada's largest miner to report its second highest net earnings ever.
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