Xstrata's Big Mick will talk the talk, but can he walk the walk?
The Age -
Melbourne,Victoria,Australia
After listing, the group spent more than $US30 billion on
acquisitions, including $US18.8 billion on the purchase of
Canadian mining behemoth Falconbridge ...
June
29th CEOcast Weekly Newsletter
Companies featured in this edition of the
newsletter: ACTC, CBAI, CICS, CVM, DKAM, ICLK, IMUC, ITUI, PHC
Markets finished mixed this week, as early sell offs on Monday and
Tuesday were recouped later ...
Click here for more...
Local news
Shareholder Won't Support Moto Merger - A proposed $513- million
takeover of Moto Goldmines Ltd. (TSX:MGL) by Red Back Mining Inc. (TSX:
RBI) is being opposed by Electrum Strategic Holdings LLC…Sudbury
Star
Foxy development - Gold's alluring colour and texture have kept
people transfixed for centuries and, lately, it's about the only
thing able to retain value – Timmins Daily Press
Golden news -High-grade intercepts drilled at Lakeshore Gold's
Thunder Creek property are being considered among the best ever
drilled in the Timmins gold camp. –Timmins Daily Press
Xstrata seeks mega-merger - Swiss metals company Xstrata is
seeking a merger with Anglo American Plc to create a mining group
that would rival BHP Billiton Ltd. – Timmins Daily Press
KL Gold hits extremely high grade - Kirkland Lake Gold Inc.
continues to hit extremely highgrade gold mineralization while at
the same time it expands the South Mine Complex at the company's
..Northern News
News from Stockwatch.com
C:GWQ -
GWR Resources sued by consultant for unpaid fees - GWR Resources
Inc. is facing a lawsuit from Bailey Geological Consultants (Canada)
Ltd. over $60,335.67 in unpaid fees. Bailey alleges it demanded
payment, but GWR Resources has refused or neglected to pay the
amount owing.
News from Stockhouse.ca
Junior energy stock pops on asset sale - Sean Mason
Two short-term scenarios for the gold market: Best of the
Boards/Blogs - Stockhouse Editorial Staff
Ivanhoe Mines surges 23% - Buzz on the Boards
The greatest currency trade of the millennium - Chris Weber,
DailyWealth
News from Globe & Mail
How a Chinese fund met Teck
Historic ties to the new generations of leaders at the China
Investment Corp. helped Scotia Capital refinance Teck Resources
Oil brokerage PVM names rogue trader Company made
$10-million loss on unauthorised trades
OPEC president satisfied with current oil price Cartel
does not have a price target, Jose Botelho de Vasconcelos says
Oil hovers above $66
Copper slips as data stoke economic worries
Gold steadies above $931
Reject Pluspetrol bid: Petro Andina board
Market News
CBS MarketWatch: Gold futures fell Thursday, ending near $930 an
ounce as the U.S. dollar strengthened against most of its rivals
after a disappointing U.S. jobs report boosted demand for the
dollar, reducing gold's appeal as an investment alternative.
GoldLine.com: Jul 02, 2009 - Unemployment Rate Reaches 9.5% -
Gold and silver sold off heavily again today, in reaction to the
strengthening dollar and falling oil prices. Gold trading down $12
and silver is down $.38 in a thinly traded market. Many of the
traders have already taken off for the 4th of July holiday in New
York. This market is extremely thin, not just in the precious ...
ScotiaMocatta: Jul 02, 2009 - Silver remains technically sick
closing near 13.43. The unit is tracking a lovely bear channel lower
with current parameters 13.86 and 12.59. The 13.51 was the last
level of support representing the 61.8% Fibonacci of our 11.83 to
16.24 two month bull run. We see next support the late April high of
13.24 followed by the 76.4% Fibonacci at 12.87. Silver has been so
weak that one has to be concerned about a full 100% retracement to
11.83. The gold/silver ratio keeps moving higher to current 69.55.
Our initial technical target is 70.09 which is the 38.2% pullback of
our 9 month move from 83.90 to 61.55. Recall we turned bullish June
8 at 63.83 after a doji reversal on the weekly was confirmed by a
higher close. Beyond 70.09 is the 50% Fibonacci at 72.73. ....
Sudbury Mining Solutions
Chromite discovery sparks excitement
- Juniors see billions spent
on mine development, infrastructure – Sudbury Mining Solutions
New fire assay lab opens in Sudbury
- Ancient method is a sought-after
service touted for its reliability – Sudbury Mining Solutions
Timmins marks 100 years of mining
- More than 65 million ounces of gold …
and counting since 1909 – Sudbury Mining Solutions
Vale Inco acquires VR tool for seismic
interpretation - Hazard maps
projected onto a 3-D visualization of the mine’s underground
workings – Sudbury Mining Solutions
Teamwork solves scaling and bolting
problems - BTI scaler
shortens mining cycle – Sudbury Mining Solutions
News from Mining Weekly
Zimbabwe appeals for Chinese investment in mines
Jubilee to make firm offer for Braemore
ArcelorMittal suspends Senegal iron-ore project
Plans ‘well advanced’ to start small-scale Waterberg coal mine –
Firestone
BHP to sell Queensland nickel refinery to Clive Palmer
News from
mineweb.net
Precious and base metals prospects uncertain as China grows and West
contracts - In its latest Asian Metals Monthly report, Fortis
Bank/VM Group, looks at the uncertainties in metals prices given
Chinese growth and Western economic weakness.
Rio Tinto wraps up world's fifth-largest rights issue -
Following yesterdays' announcement of the successful sale of the
London tranche of the huge Rio Tinto rights issue, today has seen
the successful completion of the Australian end.
BHP offloads Yabulu nickel refinery - takes $675 million write-down
- BHP Billiton has sold its big Yabulu nickel refinery in Queensland
to local mining entrepreneur Clive Palmer for an undisclosed price.
Energy Fuels and Magnum Uranium complete merger - Newly merged
with Magnum Uranium, junior uranium company Energy Fuels may be on
track to open the first modern uranium mill in Colorado in 2012.
Yesterday's top story: For U.S. metals and mining, gold is all that
glitters - S&P - Although the financial ratios of U.S. metals
and mining companies will continue to weaken, Standard & Poor's
expect credit trends to slowly start to improve in the sector during
the next several quarters.
News
from Iafrica.com
Rand in thin trade
JSE flat
Euro suffers drop
Wall St falls hard
Oil on the slide
Oil extends losses
News
from 321gold.com
Jul 03 Next stop for Gold is
$2,100 not $1,300 Jordan Roy-Byrne
321gold
Jul 03 Dollar's future in US hands Henry C.K. Liu
AsiaTimes
Jul 02 ATW [web]
Batavia Elects to Take 4 Mln Shares in Lieu of Cash Payment
Yahoo!
Jul 02 Animas [web]
Files NI 43-101 Report, Santa Gertrudis
Yahoo!
Diamond meeting makes some progress but governments need to renew
commitments, say Civil Society Groups
Partnership Africa Canada
Standard & Poor’s Launches S&P/TSX Global Base
Metals Index
news3.htm
Bill 173: "Modernizing"
Ontario's Mining Legislation
The Government of Ontario recently introduced proposed amendments to
the Mining Act. The amendments make sweeping changes to the
regulation of prospecting land, staking mining claims, surface
owners' rights, exploration work, diamond mine royalties and
Aboriginal consultation. The proposed amendments must be read in
conjunction with Bill 191, which effectively imposes a moratorium on
mining in the Far North. For more information and analysis please
see attached Bulletin.
To view the bulletin, please use the following link:
http://www.fasken.com/bill173_bulletin_june2009/
Coeur Scores a Supreme Victory at Motley Fool
Straight Goods
-Weekly Goods, June 24: Taking it to the streets
HarperIndex.ca June
23: Corporate tax cuts to go to US Treasury
Canaccord, Chang sued for unauthorized trading -
eblast4.htm
An In-Depth Analysis of Gold
Stocks and Precious Metals Trends - The Bull & Bear Financial Report
has released its latest issue of the Gold Stock News E-newsletter,
filled with the latest news and commentary on the precious metals
sector. To download and read the full report, go to
GoldStockNews.com.
Pan American Silver and Orko Silver Begin Comprehensive Drilling and
Development Program at La Preciosa-nri5.htm
PublicValues.ca, June
16: New paperwork inspectors: 57. meat plant inspectors: 0
OPPORTUNITIES FOR ABORIGINAL STUDENTS EXPANDED - McGuinty
Government Supports Training Courses At Confederation College -Northern Development and Mines
San Gold Smoking with Discovery of High Grade "Cohiba" Gold Zone -
San Gold Corporation (SGR: TSX-V)
eblast3.htm
International Tower Hill Mines Livengood Gold Project, Alaska Summer
Drilling Program Commences (TSX-V: ITH) nri2.htm
STRATEGIC AMERICAN OIL CORPORATION ANNOUNCES
ACQUISITION OF ENSLEY LEASE FURTHERING LAND POSITION IN ITS KOLIBA
PROSPECT -
Strategic American Oil Corporation (OTCBB: SGCA) nri3.htm
SEC wins $2.04-million (U.S.) order against
Pierce -
eblast.htm
Uranium Energy Corp Announces Dismissal of Lawsuit - Uranium Energy
Corp (NYSE AMEX: UEC
nri6.htm
Gold Fever: How to Make a Killing Without Killing Your Conscience
When times are tough and people need money fast, all that glitters
is gold. By Donald Miller, owner of Long Ago & Far Away,
Syracuse, NY
Colored-Stone.com
A spectacular and rapid decline for the
industry for global mining industry -
news2.htm
MBendi Newsletter - 29.May.2009
The Fraser Institute, in
conjunction with the Prospectors and Developers Association of
Canada (PDAC), has just released their excellent must read annual
“Survey of Mining Companies 2008/2009.”
http://www.fraserinstitute.org/Commerce.Web/product_files/MiningSurvey20082009_Cdn.pdf
Adam
Hamilton has posted his weekly Zeal Intelligence Newsletter on the
Mining Interactive Website. Click here:
http://www.mininginteractive.com/releases/zeal/zeal20090508.pdf
Platinum Metals Review: Part 2 for 2009 loaded
- The full text of all content for this issue can
be accessed through our website, in HTML format at:
http://www.platinummetalsreview.com/dynamic/issue/browse
or in PDF format at:
http://www.platinummetalsreview.com/pdf/57-110-pmr-apr09.pdf
New Article - Why
Postcard Marketing Works So Well In The Internet Age by Bob
Leduc
CANADA'S #1
