Mineweb: Top Stories:Vale reports ‘best ever' annual result of US$17.3bn in 2010

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TOP STORIES | Friday , 25 Feb 2011                                                     


Vale reports ‘best ever' annual result of US$17.3bn in 2010

Vale CEO Roger Agnelli says--that given the company's project pipeline and the demand for its metals and minerals production-"even better days are ahead for us."    Friday , 25 Feb 2011

A good season for gold's top four

Newmont tops up a fine reporting season for the world's top four global gold diggers and demonstrates once more that cash is pumping but capital expenditure looms ever larger    Thursday , 24 Feb 2011

Newmont reports highest net income in 90-year history

Newmont‘s 2011 attributable gold production is expected to range from 5.1 million to 5.3 million ounces with attributable copper production of 190 million to 220 million pounds.    Friday , 25 Feb 2011

Goldcorp approves Éléonore and Cochenour mine development

Goldcorp has reported record gold production of 2,520,300 ounces in 2010 and says it expects to mine between 2.65m and 2.75m ounces of gold next year    Friday , 25 Feb 2011

Science and technology: Gold's new frontier

Plans for gold to enter commercial use in automotive emissions control during the first quarter of this year are just one of the new avenues use being explored for the yellow metal    Thursday , 24 Feb 2011

SA's DMR responds to prospecting rights granted over game reserves

South Africa's Department of minerals responds to questions over how it could grant prospecting rights over parts of Welgevonden Wildland Scheme and the Marakele National Park    Thursday , 24 Feb 2011

Tata Steel's possible Canadian partnership may face Chinese competition

The Indian steelmaker has first rights on a tie up with a junior Canadian iron ore explorer. But, the right expires on Feb 28th and CITIC Securities seems to be waiting in the wings    Friday , 25 Feb 2011

Gold and copper revenues see 6% Q4 profit hike for Peru's Buenaventura

Buenaventura's annual net income rises 12% from last year, but gold production including Yanacocha fell 17% in 2010.    Friday , 25 Feb 2011

Leap in profits for Iamgold as gold production rises

Iamgold's Q4 profit jumps to $144.9 million as production rises 35%.    Friday , 25 Feb 2011

Japan endeavours to cut rare earth utilization by a third

Investment of $1.34 bln by 160 firms, with subsidy from Japanese government, expected to slash rare earth use by a third. More spending due as governmentt invites similar projects.    Friday , 25 Feb 2011

Nyrstar rights issue a step towards more mining

The Belgian miner says its plan to raise €490m via a rights issue will provide it with the necessary financial flexibility to continue to deliver on its strategy of a 50:50 split between mining and smelting    Friday , 25 Feb 2011

45% decline in Japan's copper exports over last year

Japan's Ministry of Finance data reveals drop in refined copper exports to 26,208 tonnes.    Friday , 25 Feb 2011

Strike over at Gammon Gold's El Cubo mine

Gammon Gold reaches agreement with union after eight-month dispute over on profit-sharing at Mexican mine. Company to produce definitive production timetable.    Thursday , 24 Feb 2011

Rio lifts force majure on two Australian coal mines

The two mines, Blair Athol and Kestrel have been under force majeure since late December, after severe flooding in Queensland.    Thursday , 24 Feb 2011

MENA unrest could see gold revisit 1980s and hit $2000

In the 1980s unrest in the Middle East and a surge in oil prices, were the triggers which drove gold to record highs. The current Middle East/North Africa (MENA) unrest could see history repeat itself.    Friday , 25 Feb 2011

Yesterday's Top Story: Wardrop PA says Alaska's Pebble copper-gold project of global importance

Wardrop's 43-101 report suggests the mine life of the Pebble copper-gold-moly project could span from 25 to 78 years, yielding billions of pounds of copper, and millions of gold ounces.    Thursday , 24 Feb 2011


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