Kumaresan Selvaraj pillai


BLOG MOVED 2 http://finance-world-breaking-news.blogspot.com/

Monday, January 28, 2013

Minesite Newsletter 28th January 2013

Untitled Document
Minesite.com Informed comment and independent mining news
Minesite Weekly Roundup 21st - 28th January 2013
Dear Minesite subscriber,
Weekly Review

Here at Minesite we believe we will see US$2,000 gold this year, and US$2,500 within five years. In a week when gold moved down towards the US$1,650 mark, that that might seem a trifle optimistic.

But the sellers in the market seem to be citing a potential economic recovery as a good reason to ditch gold, forgetting that gold's greatest gains in the past decade or so came during the height of an economic boom.

The gold price rose because demand rose, and demand rose for three reasons. One, the developing world was getting richer and could afford to buy more gold, which it duly did, pushing up the price. Two, there an across-the-board commodities boom, and gold is the daddy of all commodities. And three, there was increasing global uncertainty, politically and economically, as the US grip on the edges of its empire began to slip.

All three factors are still in play. Add in the effects of the global currency wars, with Japan the latest major economy to take the offensive, and the simple truth that trusting in the value of paper money is no longer an option becomes apparent. And you don't have to be a financial analyst to see it.

So why the fall then? Jim Sinclair talks of a "wicked game being played by sociopaths" bent on destroying value. He might be right. But more likely, the market is simply pausing for breath. Gold has gone out of style a little bit, and gold equities a lot.

But they'll both be back. And when they come there'll be money to be made in physical gold and in equities. Which is why, as always, we look at several interesting gold companies in this week's newsletter, including Mwana Africa, SolGold, Volta, Endeavour, Amara, Mutiny, Sovereign Mines of Africa, Pan African, and Exeter. Most had interesting news releases out, which we report on in detail.

Next week we'll look at Archipelago's recent production numbers and Ormonde's exploration success amongst others. The equity markets may be down for the gold juniors, but they are not out. Not by a long shot.

93rd Minesite Forum - Wednesday 20th March 2013

Sponsored by

Yorkville

93rd Minesite Forum 
Wednesday 20th March 2013 

*** NEW VENUE ***
The Brewery
Chiswell Street 
London 
EC1Y 4SD
(Nearest stations are Moorgate and Liverpool Street)

Presenting Companies Include:

Fox Marble

Connemara Mining

Botswana Diamonds

Oracle Coalfields

To register click here or contact support@minesite.com 

If you are interested in Speaking or Sponsoring a Minesite event 

please contact; Sophie Barrowman - sophie.barrowman@minesite.com T: 02075623362

Our forums (which are FREE to attend) enable investors to hear directly from mining and exploration company executives, and to ask questions before they invest. 

Master Investor 2013 - Register Now

Master Investor 2013

Master Investor, now in its eleventh year, is the UK's leading investment show and is to be held on Saturday April 27th at the superb Business Design Centre in London. This year's show builds on the success of previous years but boasts some big changes aimed at offering a wider focus with bigger opportunities. The show features a new "Rising Stars" stage hosted by Richard Reed that will be dedicated to highlighting and supporting innovative, unquoted companies that are often more difficult for the private investor to access. The line-up of guest speakers is the strongest yet with names such as Jim Mellon, Merryn Somerset Webb, Tim Price and James Ferguson already confirmed. 

Tickets are priced at just £5 for a limited time only (normal price £20) and are selling fast. To find out more information and to book your ticket please register here!

Jobs4mining in association with Minesite.com
Jobs4mining

Contact us to find out more about advertising your jobs.

Cost Engineer 5-10 Years Experience.  EPCM, Mining Or Process – West Africa

Mineral Resource Manager Will Require Good Knowledge Of Several Minerals - Africa

Senior Resource Geologist  - Zambia

Project Manager Shaft Sinking Technical Expert - Europe

Construction Manager – Heavy Process Construction – Cold Climate Background

Manager, Mining And Planning – Middle East

Mining Consultant With French For Performance Improvement Projects In Africa

Chief Engineer – Lead Mechanical – Commence Vancouver And Then Peru

Request more information about our job advertising sales@jobs4mining.com

 

Latest News
Press releases

January 28, 2013 - Mwana Africa plc FRGM Tailings Retreatment Project - Pilot...
January 28, 2013 - Aureus Mining Inc Gold Recovery at New Liberty Confirmed 
January 25, 2013 - Kibo Mining Plc RETIREMENT OF DIRECTOR 
January 25, 2013 - CoAL of Africa Ltd Results of General Meeting 
January 25, 2013 - First Majestic Silver Corp Production Commences at the Del Toro...
January 25, 2013 - Wolf Minerals Limited Results of Meeting
January 25, 2013 - Centaurus Metals Limited December 2012 Quarterly Activities Report
January 25, 2013 - Centaurus Metals Limited December 2012 Quarterly Cashflow Report
January 25, 2013 - Caledonia Mining Corp Result of Special Meeting and Dividend...
January 25, 2013 - Jubilee Platinum Plc Issue of Equity 
January 25, 2013 - Leyshon Resources Ltd QUARTERLY REPORT 
January 25, 2013 - Colossus Minerals Inc. Colossus Minerals to Present at the 2013...
January 24, 2013 - Great Panther Silver Limited Great Panther Silver Announces Resignation...
January 24, 2013 - Botswana Diamonds Plc AGM Statement 
January 24, 2013 - Northland Resources S.A. Northland to Address Funding Shortfall Due...
January 24, 2013 - PMI Gold Corp PMI and Keegan Mail Joint Information...
January 24, 2013 - SolGold Plc Cascabel - Gold and Copper Porphyry...
January 24, 2013 - Stratex International Plc Completion of sale of Öksüt gold project
January 24, 2013 - London Mining Plc Q4 2012 PRODUCTION REPORT 
January 24, 2013 - Bullabulling Gold Limited Dec 2012 Quarterly Activity and Cashflow...
January 24, 2013 - Sandfire Resources Sandfire December 2012 Quarterly Report
January 23, 2013 - Volta Resources Inc. Volta Resources Increases Inferred...
January 23, 2013 - Spanish Mountain Gold Ltd Spanish Mountain Announces Appointment of...
January 23, 2013 - Forum Uranium Corp Forum Revises Flow Through Share Price to...
January 23, 2013 - Caledonia Mining Corp Director/PDMR Shareholding 
January 23, 2013 - Baobab Resources Plc Exercise of Warrants 
January 23, 2013 - Kefi Minerals Plc Exploration Update
January 23, 2013 - Herencia Resources Plc Paguanta Project Update
January 23, 2013 - Bezant Resources Plc Update re Eureka Copper-Gold Project,...
January 23, 2013 - Archipelago Resources Plc 2012 Production Results for Toka Tindung...
January 23, 2013 - Ormonde Mining Plc Drilling Results at Peralonso 
January 23, 2013 - Continental Coal Ltd Ferreira Production Update
January 23, 2013 - Mincor Resources NL Correction to Quarterly Report
January 23, 2013 - Resolute Mining Ltd Quarterly Activities Report
January 23, 2013 - Mincor Resources NL Quarterly Activities Report
January 22, 2013 - Thor Mining Plc Appendix 3B 
January 22, 2013 - Sunrise Resources Plc Cue Diamond Sampling Results 
January 22, 2013 - CoAL of Africa Ltd Flooding in Limpopo Province impacts Vele...
January 22, 2013 - Hummingbird Resources Plc Operational Update and Interim Results 
January 22, 2013 - Sovereign Mines of Africa £1.25 million Placing to Fund Drilling...
January 22, 2013 - Wolf Minerals Limited Publication of Updated Corporate...
January 22, 2013 - Serabi Gold Plc Total voting rights 
January 22, 2013 - Amara Mining Plc 2012 Production Results for Kalsaka Gold...
January 22, 2013 - Mwana Africa plc Operations and Exploration Update 
January 22, 2013 - Caledonia Mining Corp Exercise of Options
January 22, 2013 - Endeavour Mining Corporation Endeavour Mining Delivers 310,000 Oz Gold...
January 22, 2013 - Endeavour Mining Corporation Endeavour Mining announces positive PEA...
January 22, 2013 - Sovereign Mines of Africa £1.25 million Placing to Fund Drilling...
January 21, 2013 - International Enexco Limited International Enexco Commences $6 Million,...
January 21, 2013 - Central Asia Metals Plc Notification of Major Interest in Shares 
January 21, 2013 - Bullabulling Gold Limited Dec 2012 Quarterly Activity and Cashflow...
January 21, 2013 - African Consolidated Resources Plc Subscription to raise £1.90 million
January 21, 2013 - Anglesey Mining Plc LIM equity financing 
January 21, 2013 - Afferro Mining Inc. Board Changes
January 21, 2013 - Perseus Mining Ltd Perseus Mining Appoints New Managing Director
January 21, 2013 - Perseus Mining Ltd Quarterly Activities Report

 

Don't forget to visit our other website

oilbarrel.com





You are receiving this e-mail because you have either registered to receive e-mails from us on our website or you have attended a past Minesite Forum.

If you would like to unsubscribe from our e-mails or have any queries about the website or our events, please contact support@minesite.com.

 

No comments: