Mineweb: Top Stories.- Vale reports ‘a stellar performance' with ‘best ever financial result'

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TOP STORIES | Thursday , 28 Oct 2010                                                     

Vale reports ‘a stellar performance' with ‘best ever financial result'

Vale said it will pay total dividends of US$3 billion in 2010, the most paid in a single year, on the back of record net earnings and cash generation    Thursday , 28 Oct 2010

HSBC, JP Morgan sued for conspiring to drive down silver prices

The two banks were hit with two lawsuits on Wednesday by investors who accused them of conspiring to drive down silver prices and reaping illegal profits    Thursday , 28 Oct 2010

San Dimas sale, Los Filos production drop hits Goldcorp 3Q gold yield

The gold miner said gold production fell to 592,000 ounces in Q3, compared to 621,100 in the same period last year but, said will double its annual dividend to 36-cents this year.    Thursday , 28 Oct 2010

First Quantum goes on the record

First Quantum says that reported statements suggesting the DRC has won the Kolwezi case, or now has a right to transfer the Kolwezi assets, "are completely without foundation".    Wednesday , 27 Oct 2010

Current scenario suggesting much higher gold prices in the next 12 months - Embry

The world remains in a financial bind, the likes of which it has probably never seen and those people calling for corrections or bubbles in the gold market are flat out wrong.    Wednesday , 27 Oct 2010

Rare earths not a bargaining tool - China

A spokesman for the Ministry of Industry and Information technology said the country would not use its dominance of the global rare earths supply as a bargaining tool with foreign economies    Thursday , 28 Oct 2010

Copper ETFs likely to face hurdles - Credit Agricole

While most analysts expect base metal ETPs to be popular concerns have been raised about whether or not such products might lead to price distortions because of the tight supplies and high storage costs    Wednesday , 27 Oct 2010

SA Gold miners profits hit by strong rand

The strong rand is expected to limit the benefit of strong gold prices on september quarter profits for South Africa's gold miners Wednesday , 27 Oct 2010   

Anglo American to develop long-term projects worth $50bn across a range of minerals and regions

Anglo CEO, Cynthia Carroll, told a discussion forum in Johannesburg, the group has one of the world's "greatest long-term pipeline".    Thursday , 28 Oct 2010

Rio's Zim unit forecasts rise in 2010 diamond output

The Global miner's Zimbabwe unit said diamond production should increase this year from the 124,000 carats produced in 2009 but didn't give an exact figure    Thursday , 28 Oct 2010

Canadian parliament defeats proposed mining legislation

The bill that would have increased human rights and environmental standards followed by Canadian companies overseas has been criticised for the potential to put Canadian mining companies at a disadvantage    Thursday , 28 Oct 2010

Norseman Gold back on track after accident setback

Mixed fortunes for Norseman Gold in the September quarter, with mining shut down temporarily at the OK shaft after a serious accident and a rise in unit costs, but countered with better gold price receipts.    Wednesday , 27 Oct 2010

Van Eck Global to launch rare earth ETF

The fund manager said Wednesday it is launching the US-listed rare earth and strategic metals ETF and expects it to start trading Thursday    Thursday , 28 Oct 2010

Collahuasi miners overwhelmingly vote to strike

In a move that could hit output at the Chilean copper deposit, workers at the mine voted to strike in a wage-offer ballot yesterday Thursday , 28 Oct 2010   

Kahn shares surge on second favourable Mongolian court ruling

Shares in the Canadian miner were up as much as 23% on the announcement that it had received another favourable ruling in its dispute over uranium mining licenses    Thursday , 28 Oct 2010

Gold, silver, platinum all weaken on QE speculation

Another day of weakness for gold and other precious metals on the markets on speculation that the next stage of U.S. Quantitative Easing may be smaller than previously anticipated.    Thursday , 28 Oct 2010

Rare earths: Is there is a classic bubble in the making?

Analysts are concerned about the frenzy being whipped up in the world of rare earths as investors, concerned about China's dominance, search out new supplies    Wednesday , 27 Oct 2010

BHP should buy back shares - Blackrock

The mining giant's biggest shareholder said Wednesday the group should buy back shares regardless of whether or not its bid for Potash Corp succeeds    Wednesday , 27 Oct 2010

Yesterday's Top Story: Has gold paused or peaked?

Despite the G20 meeting deciding little apart from countries paying lip service to currency stability, gold has suffered a minor setback from its peak, but is this the start of a collapse or just a pause in its upwards rise?    Wednesday , 27 Oct 2010


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