Posts by Mineweb:

Resource Star Livingstonia uranium project resource update

Resource Star Limited has completed an independent update of the Mineral Resource Estimate for the Livingstonia Uranium Project in Malawi, south-eastern Africa. Increases in both tonnes and grade are based on the 1,500m of drilling completed in late
Mineweb | June 22, 2011 | 10:39 am

Integra Mining – Best results yet at Majestic gold deposit

Integra Mining Limited ("Integra"; ASX: IGR) is very pleased to report new RC and diamond drill intercepts from the Majestic gold deposit. New intercepts include: Within a broader gold anomalous envelope of 89 metres at 4.55 g/t gold: and on an adjacent
Mineweb | June 22, 2011 | 9:37 am

Underperformance by gold stocks creates great buying opportunity

Gold prices passed the $1,500 per ounce mark for the first time ever in mid-April of this year and have set up shop around $1,525-$1,550 an ounce aside from a couple of short pullbacks in early May. So far in 2011, it's been relatively status quo for those investors who've embraced gold as a way to protect themselves from currency debasement, excessive money printing and inflation as prices have increased 7.67 percent. BofA-Merrill Lynch (BofA-ML) analysts are forecasting gold prices could fall to $1,400 an ounce during seasonal weakness in July before rebounding as high as $1,650 an ounce by early fall.
Mineweb | June 21, 2011 | 11:29 pm

Resource nationalism, a company survival guide

When most people think of resource nationalism they tend to think of a country, usually in an unstable part of the world, deciding it wants a bigger role in its resources sector and taking it. That is however, an outdated view. That is not to say that outright expropriation doesn't happen but, far more interesting is the type of resource nationalism that has sprung up not just in Africa and South America recently, but in places such as Australia, Nevada and Canada.
Mineweb | June 21, 2011 | 5:07 pm

Exploding six “Gold Bubble” myths

Yes, growth in global gold demand is rapid. No, another decade of quintupling prices isn't nailed on. But neither of those facts make gold a "bubble" today.
Mineweb | June 21, 2011 | 2:03 pm

‘Eskom may run out of domestic coal’

Power utility Eskom could run out of domestic coal in the long term if there is no infrastructure development, according to Ian Hall, head of regional strategy for Anglo American.
Mineweb | June 21, 2011 | 7:19 am

Coal miners to strike

Coal miners will strike at seven central Queensland mines this weekend. Unions for the 2300 workers accuse mining giant BMA of industrial […]
Mineweb | June 21, 2011 | 7:18 am

LME board struggles to reform metals warehousing logistics

The board of the London Metal Exchange has been unable so far to reach agreement on a way to resolve aluminum access issues from warehouses owned by a unit of Goldman Sachs. However, the U.K. Office of Fair Trading has determined there are no obvious competition issues meriting further investigation of complaints that ownership of warehouses give certain metals market players' unfair advantage.
Mineweb | June 21, 2011 | 6:51 am
Gold bricks with coins

China: huge increase in gold and silver coin minting to meet demand

According to a report by Chinese news agency Xinhua, China has been sharply increasing its output of gold and silver coins to meet seemingly ever-increasing popular demand for precious metals as people buy to protect against perceived rising inflation. Indeed it has more than doubled the maximum issuance for 2011 for some popular gold coin sizes from its previously announced levels.
Mineweb | June 21, 2011 | 6:40 am