Mining Sector Top Stories October 1, 2013: Newmont bids for Las Bambas to beef up copper assets - CEO Goldberg

Featured Podcast Petmin, the coal market and SA labour issues - Cockeril Petmin Executive Chairman, Ian Cockeril discusses Petmin's FY results, the need for better communication between labour and management and the current state of the steel cycle.

Top Stories | Tuesday , 01 Oct 2013 Newmont bids for Las Bambas to beef up copper assets - CEO Goldberg Newmont, which began as a copper-gold miner in the early 1900s, is seeking to increase its copper mining operations as “pure gold plays” appear to be losing favor with investors. Tuesday , 01 Oct 2013 A different animal! Long term South African platinum game changer? Canada’s Platinum Group Metals is hugely excited about its Waterberg palladium/platinum/gold discovery in South Africa to the north of the Bushveld Complex. Monday , 30 Sep 2013 Investors roll snake eyes in $2.4m Vegas precious metals scam Retail investors doing business with Lions Wealth Capital, 20/20 Precious Metals, and entrepreneur Bharat Adatia learned investing in precious metals can be a big gamble. Tuesday , 01 Oct 2013 US gold coins demand down 81% in September Demand fell 81% as political turmoil in Syria failed to rekindle retail buying that has slowed after months of exceptional bargain hunting. Tuesday , 01 Oct 2013 Why good economic news should send gold to new heights - Coxe "Gold rose along with the Fed balance sheet for years. The two have decoupled in the last two years," says BMO Asset Management's Don Coxe. Tuesday , 01 Oct 2013 Mongolia confident of resolving Oyu Tolgoi disputes by Dec The government is confident it can resolve disputes with Rio Tinto over the expansion of the Oyu Tolgoi mine by December 31. Tuesday , 01 Oct 2013 Gold ETF outflows resume – will they continue? Has selling resumed from the gold ETFs? The latest figures suggest it may have, but volumes are perhaps not strong enough to discern a definitive trend – yet. Monday , 30 Sep 2013 Cash heavy but project light, Chalice Gold reshaping begins Chalice Gold makes a bid for Coventry Resources and entry into territory around New Gold's Rainy River gold project in Ontario. Monday , 30 Sep 2013 Absa’s palladium ETP may not attract same demand as platinum The South African bank reckons its planned platinum ETP may not attract the same demand as its NewPlat platinum product. Monday , 30 Sep 2013 India current account gap below estimates as gold imports curbed The deficit was $21.8 billion in April through June, compared with $18.1 billion in the previous quarter, the Reserve Bank of India said. Tuesday , 01 Oct 2013 PBOC mulls expansion of qualified gold importers list Under draft rules released by the central bank yesterday, financial institutions and companies that produce more than 10 metric tons of gold a year, may be considered for the list. Tuesday , 01 Oct 2013 Nyrstar agrees European zinc marketing deal with Noble Under the agreement, Nyrstar will set aside 200,000 tonnes per year of commodity grade and continuous galvanising grade zinc for Noble. Tuesday , 01 Oct 2013 Norilsk Nickel agrees to possible lower 2013/14 dividend The company has already paid $1.9 billion in dividends for 2012 and was expected to declare at least $3 billion this year. Tuesday , 01 Oct 2013 Peru exports more illegal gold than cocaine - Quartz According to a recent report by international labour watchdog Verité, over 20% of the gold being mined in Peru is produced illegally. Tuesday , 01 Oct 2013 Miners rally as Amplats strike enters fourth day Around 2,000 striking miners from Anglo American Platinum’s South African mine rallied on Monday to protest planned job cuts. Monday , 30 Sep 2013 Chile's copper output rises up 7.6% in August The country is struggling with dwindling ore grades in many of its ageing deposits, although new mines have helped increase output this year. Monday , 30 Sep 2013 SA union signs wage deal in coal sector, averts strike NUM has signed the coal wage agreement, averting a possible strike that could have hit exports and supplies to power utility Eskom. Monday , 30 Sep 2013 DRC mine operators risk losses due to power shortages The government says mine operators risk “enormous losses” because of power shortages in copper and cobalt-rich Katanga province. Monday , 30 Sep 2013 Yesterday's top story: Junior cash crisis mounts. No quick turnaround. Calling them zombies is being kind as cash stores under $200k dwindle for a near majority of Venture equities. What can you do with that? Friday , 27 Sep 2013 Podcasts / Radio SA gold miner silicosis class action moves forward With upwards of 27,000 current claimants, public interest attorney, Richard Spoor discusses the current state of the pending silicosis class action suit against SA's gold producers. Gold, China and manipulation - Eric Sprott Speaking just ahead of a round table discussion on where the global market is headed, Eric Sprott discusses the current state of the gold market and the shift from west to east. Gold may edge its way towards $1,500 early next year - O’Connell "We can see the potential for the market to edge its way towards $1 500 towards the start of next year", says Rhona O’Connell, head of metals research forecasting at Thomson Reuters. Gold, Syria and a receding sense of crisis Adrian Ash discusses the impact of the crisis in Syria on gold prices and what he expects from the last quarter of the year.