PHILIPPINES - Canatuan milling operations cease

TVI Pacific’s Philippine operating affiliate TVI Resource Development Philippines (TVIRD) has stopped milling operations at its Canatuan mine after having exhausted its remaining stockpile, pending the results of assessing various mine life extension and expansion opportunities.  It is expected that at least one more shipment of copper concentrate will be scheduled.

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VIETNAM - Besra suspends operations during Tet

Besra Gold advises that in observance of the traditional Tet holiday period in Vietnam, it will suspend mining and milling operations in Vietnam for five days from January 29.

The company says that Phuoc Son ramp-up is being affected by a shortage of backfill that has restricted mining to conventional methods and negatively impacted production where tonnes mined per day have decreased from an average of 940 tonnes during the last quarter to around 500 tonnes currently, a reduction of 47%, albeit at a higher grade.

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EVENTS - Weir sponsors Vietnam technical conference

Weir Minerals is the platinum sponsor for the Mining Media International Regional Technical Conference Series which will be held in conjunction with Mining Vietnam 2014 in Hanoi, Vietnam from March 11-13. The conference will showcase technology to the mining industry in South East Asia.

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OVERVIEW - Upside in nickel, zinc and palladium

Heavyweight broker Goldman has nickel, zinc and palladium as its top mining commodity picks in 2014, according to Proactive Investors. On the other hand, it is bearish on iron ore and copper forecasts for the next 12 months.

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