Minesite News headlines February 09, 2010
Minews Story: February 08, 2010
Lots of impressions are left after my first trip to Cape Town. Everyone is very - friendly even the taxi drivers who managed to charge this visitor varied prices of between 37 and 103 rand (on a meter) for a five minute journey
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Minews Story: February 08, 2010
It has been about as bad a winter as it gets in Scotland, but even so Chris Sangster, chief executive of ASX-listed Scotgold Resources, did not use it as an excuse to slide off down to the sunshine of Cape Town for Indaba. In
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Commodities: February 08, 2010
The rout in commodity prices continues, driven by a strong dollar and a general move away from assets deemed too risky. A relatively modest rise of one per cent in the dollar last week was outweighed by a 6.5 per cent fall in the
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Minews Story: February 06, 2010
For London's miners it was a mixed week. The gains made in the first half were wiped out on Thursday and Friday as the market continued to fret about the financial health of some European countries, in particular Greece and
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Minews Story: February 06, 2010
Minews. Good morning Australia, or should we say South Africa, as you’ve been at the Indaba talking shop all week?
Oz. Still here actually. Just finishing up before heading home, so this week’s market report is a long distance
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Minews Story: February 06, 2010
Minews. Now, over to our Canadian Correspondent for a look at how the Canadian markets performed over the past week.
CC. It was another ugly week for the bulls as increased concerns that some nations will default on their debt
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Minews Story: February 05, 2010
With over 4,000 delegates converging on Cape Town for Indaba and many having gone on to Livingstone for the All Africa Conference it seems suddenly much quieter in the aftermath. But deals and announcements are coming thick and
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Minews Story: February 05, 2010
Eskay Mining, not long since known by the slightly more cumbersome name of Kenrich Eskay, has been through some major upheavals over the past few months. The key moment was when Hugh Balkam first came onto the board as chairman,
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Minews Story: February 04, 2010
The text message from Simon Purkiss, managing director of European Nickel, was short and to the point: “well we finally did it”. He was referring to the fact that Minesite carried a story way back in May 2009 which claimed that a
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Minews Story: February 04, 2010
All of a sudden the majors seem to be jockeying for position in potash. Late last month BHP Billiton announced that it is to acquire Athabasca Potash for C$341 million. A tidy enough sum, you might think, but one that was dwarfed
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Minews Story: February 04, 2010
On day one the crowds pouring in and the South African Minister of Mines, Susan Shabangu, opened with a speech saying that mining companies would “not be nationalised in her lifetime”, but said she would not oppose the proposed
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Minews Story: February 04, 2010
Highland Gold’s latest trading update, released to market first thing on Wednesday 3rd February, made for pleasant enough breakfast reading. Gold production for 2009 increased up by a modest 2.7 per cent over the previous year’s
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Minews Story: February 03, 2010
Day Three at the Mining Indaba in Cape Town, and the verdict is in: Success. Not outstanding, but at least according to veteran Australian stockbroker Hugh Wallace-Smith, worthy of a score of “six to seven out of 10”. Given what
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Minews Story: February 03, 2010
Nobody should think that once a gold mining company gets into production its problems cease. Mark Caruso, the chief executive of Allied Gold, must have felt he was boxing an octopus in the quarter to end December, wondering where
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Minews Story: February 03, 2010
Over the last year or so Serabi Mining has pulled off a very neat trick. Having been knocked sideways by a raft of technical issues at its Palito gold-copper project in Brazil, and then battered by the storms in the global global
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DeGrussa Project and Company Update
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JLP and SLV enter into binding Framework Agreement
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Geodex Reports New Tungsten Discovery on Nashwaak Property, New Brunswick
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Bir En Nar Resource Drilling Update, Mauritania
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