FORMER SOVIET UNION

PRODUCTION ANNOUNCEMENT

Highland Gold expects 450,000 tonnes of production from new mine by 2011

Wednesday , 03 Mar 2010
The Russian miner announced its first shipment of concentrate from the Novoshirokinskoye mine last month
IT HAS RAISED ITS STAKE TO 26.6%, MADE OFFER ON REST

Severstal to bid for majority stake in Crew Gold

Friday , 26 Feb 2010
Some analysts say it could be floated out as a separate unit later this year
ATTRACTING FOREIGN CAPITAL

Bitter winter could force Mongolia to open up mining sector

Monday , 22 Feb 2010
Millions of struggling nomadic herders bring with them tough questions as they flood the capital in an effort to get out of the cold
$1.25 BILLION LOAN REDEEMED

Norilsk makes $2 billion profit in 2009 after 2008 loss

Saturday , 30 Jan 2010
World No.1 nickel miner, Norilsk, made a big profit last year enabling it to pay off debt as prices improve.
HONG KONG IPO

UC RUSAL shares drop on debut

Wednesday , 27 Jan 2010
The aluminium group's $2.2bn Hong Kong IPO was marred by both a broad market slump and continud worries about its debt and legal issues
AVERAGE PRICE $974 AN OUNCE

Top Russian gold miner sees earnings up 24%

Monday , 25 Jan 2010
Polyus Gold, Russia's No. 1 gold miner, sees 2009 EBITDA of $510-540 million, vs $436 million in 2008, gold production up 3.2%, sales up 11.7%
SHARES UP 4000% IN 2009

Amur has submitted mining licence request for Russian project

Friday , 22 Jan 2010
The London-listed miner has applied to the Russian government for its flagship nickel and copper project, Kun Manie
1.61 BILLION NEW SHARES SOLD

RUSAL's Hong Kong IPO raises $2.4bn

Friday , 22 Jan 2010
Sources say the IPO of the world's largest aluminium producer was priced at the middle of an indicated range
90 KILOMETERS NORTH OF KUPOL

Kinross to buy high-grade Russian holdings to enhance Kupol output

Thursday , 21 Jan 2010
For US$368m in shares and cash, Kinross plans to gain two Russian Far East gold properties it hopes will already enhance the world class assets of its Kupol gold mine.
KUMTOR EXPANSION, BOROO HEAP LEACH PLANNED

Centerra predicts 640,000 to 700,000 ounces gold production this year

Tuesday , 12 Jan 2010
Centerra had budget $276.4 million for capex this year, along with $30 million for exploration to help achieve its goal of mining 1.5 million ounces of gold annually.
AMANTAYTAU GOLDFIELDS JV

Chinese consortium's $185 million for Oxus gold project in Uzbekistan

Friday , 08 Jan 2010
Oxus has secured provisional financial backing from a group of Chinese companies for the further development of what could be a major gold project in Uzbekistan.
BUT HOW WOULD THE CHINESE REACT?

Rio would be first in line to buy should Ivanhoe put itself up for sale

Friday , 08 Jan 2010
The miner, which has a minority interest in the massive Oyu Tolgoi copper-gold deposit in Mongolia would be very interested in getting Ivanhoe's stake as well. But, they would probably not be the only potential suitors

London's Lotus Resources get Mongolian mining license

Friday , 08 Jan 2010
Junior miner Lotus Resources is aiming to get its first fluorspar joint venture mine operating in Mongolia this spring.
ENTER FOR 2010

Gold predictions from Mineweb readers beat the experts again

Friday , 01 Jan 2010
The results of the 2009 Mineweb Gold Price prediction competition in which Mineweb readers have again done better overall than a panel of ‘experts' although only marginally so.
LOANS FROM CHINA

Kazakhmys secures $2.7bn loan from the China development bank

Wednesday , 30 Dec 2009
The copper producer says the loan will be used to fund its Boschekul copper project, among others. It says, feasibility study for Boschekul should start in early 2010
VALUE COULD BE NEAR $27BN

Despite doubts and restrictions big names support UC RUSAL aluminium IPO

Tuesday , 29 Dec 2009
The list of cornerstone investors to participate in RUSAL IPO is reported to include heavy hitters Paulson, Rothschild and VEB despite Hong Kong Stock Exchange restrictions and other long term doubts.
MINE DISASTER

Explosion at Evraz iron ore mine kills at least 6

Wednesday , 23 Dec 2009
At leastr 6 miners have died when explosives detonated while in transit through an underground mine
ATTRACTING FOREIGN CAPITAL

Russia considering changes to strategic minerals investment law

Tuesday , 22 Dec 2009
Russia is taking foreign advice into account in examining possible changes to its strategic minerals investment law.
JUNIOR FOCUS

Chaarat: Exploring and developing Kyrgyz gold

Tuesday , 22 Dec 2009
AIM listed junior, Chaarat Gold, has already outlined a resource of 3.34 million ounces of gold, with an average grade of 4.3 g/t at a conservative cut-off of 3 g/t in western Kyrgyzstan.
NO NET RESERVE CHANGE

Russian Central Bank $1 billion gold purchase confirmed

Tuesday , 22 Dec 2009
The internal transfer of 30 tonnes of gold from an arm of Russia's Finance Ministry to the country's Central Bank has now been confirmed by Finance Ministry sources.
SEND IN 2010 ENTRY NOW

Mineweb gold price competition suggests $1572 gold price high in 2010 so far

Tuesday , 22 Dec 2009
Mineweb's annual gold price competition is currently under way with entries closing on January 22nd so get your entries in now or you may be too late.
NEW TROUBLES FOR HONG KONG IPO

RUSAL Hong Kong IPO facing possible retail investor ban

Thursday , 17 Dec 2009
Even if it wins approval for its beleaguered $2bn Hong Kong IPO it may not be able to target the market's generally receptive retail market
UNSOLICITED BID

Kahn Resources rejects ARMZ bid

Wednesday , 16 Dec 2009
The group says the unsolicited bid, worth 65 cents per share, undermines the groups assets and contains objectionable terms
TRIMS PRODUCTION FORECAST

Kazatomprom on track to be world's largest uranium producer this year

Tuesday , 15 Dec 2009
Despite cutting its 2009 production forecasts. Kazakhstan's state owned uranium miner remains confident will become World's No.1 uranium producer this year
INTERNAL TRANSFER

Russian Central Bank to buy 30 tonnes of gold from Gokhran

Saturday , 12 Dec 2009
Russia's Central Bank will increase its gold holdings by around 5% by buying 30 tonnes of gold from the State repository which had been planning to sell the gold on the open market.
KYRGYZ GOVT GETS 25.3M SHARES

Cameco to finally sell Centerra Gold stake for US$821.2m

Wednesday , 09 Dec 2009
After years of talking about it, Cameco finally announced it would be selling its stake in Centerra Gold.
KUMTOR MINE LIFE EXTENDED TO 2017

Centerra adds 1.3m ounces of gold to Kumtor reserves

Tuesday , 08 Dec 2009
Centerra Gold has forecast 660,000 to 680,000 of contained gold production next year.
INVESTOR HUB: Gold / Copper

   


TOP STORIES

Mark mobius, china, investment, Africa, gold, copper, infrastructure, base metals, industrial metals,

China commodity story still intact but challenges abound - Mobius

Wednesday , 10 Mar 2010
The search now is for companies that benefit from China but are not totally dependent on it
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