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STOP PRESS:

Minesite News headlines May 16, 2008

Minews Story: May 15, 2008

Mantra Resources Is On The Verge Of Opening Up A Whole New Uranium Province

How do you tell the world that you’re on the verge of opening up a new uranium district when you’re hidebound by reporting restrictions, and one of your managing directors actually sits on the Joint Ore Reserves Committee (JORC)?

Full story...
Minews Story: May 15, 2008

Petra Says Goodbye BHP, Hello Opportunity

If anyone ever needed a demonstration that London likes its blue sky exploration backed by cash flow, the news that BHPBilliton has pulled the plug on its involvement in Petra Diamonds’ huge Alto Cuilo diamond prospect in Angola

Full story...
Minews Story: May 15, 2008

Great Quest Metals May Find Its Kenieba Concession In Mali Is A Tempting Target For Ambitious Avion Resources

When Canadian-listed Nevsun decided in September last year that the end of the road had come for its Tabakoto producing gold mine in Mali as well as for its neighbouring Segala property, it gave as the main reason that Tabakoto

Full story...
Minews Story: May 15, 2008

Pele Mountain Would Like To See The Price Of Uranium A Lot Higher By The End Of This Year

Patience is invaluable in the mining business, and Al Shefsky of Pele Mountain Resources has got it in spades. A brief trip back into history shows that his company was once involved in gold, diamonds, and nickel, but nothing

Full story...
Minews Story: May 15, 2008

A Timely Focus On Iron Ore And Beneficiation Looks Like Generating Big Rewards For G4G Resources

“Primarily our aim is to be producing iron products”, says Peter Arendt, chief executive of G4G Resources, a Canadian junior that’s just emerging with a new identity after a series of corporate transactions towards the end of

Full story...
Features: May 14, 2008

Silver At $4 Seems A Distant Dream As The Investment Case Strengthens With Every Dollar Printed

In 2007 the silver price surged to highs not seen since the Hunt brothers from Texas tried to corner the market back in 1981. From a low of US$4.028 per ounce in November 2001, silver has been on a steady upward trend. It's

Full story...
Minews Story: May 14, 2008

India's IFFCO Signs Up For Legend International’s Lady Annie Phosphate Project

The Indian Farmers Fertiliser Cooperative Limited (IFFCO), the country's largest producer and seller of fertilizes, has entered into a long-term off-take and supply agreement with Australia’s Legend International Holdings. The

Full story...
Minews Story: May 14, 2008

Love It Or Hate It, Norseman Gold Will Soon Be Producing Over 100,000 Ounces Per Year

Two problems hit Norseman Gold over the last twelve months, according to Barry Cahill, the company’s chief executive. The first was that the company’s Harlequin mine suffered dwindling output because it was run by a poor manager.

Full story...
Minews Story: May 14, 2008

Kirkland Lake Gold Brings Shiny Lustre Back To A Tired Old Producer

It is an axiom of mining that “the old timers didn’t get all the gold”. In practice, most of them made a pretty good job of it, and it’s usually quite hard to find substantial new deposits in old mining camps. That, though, isn’t

Full story...
Features: May 14, 2008

There's Plenty Of Money Still On The Table For Deals, According To Ernst & Young

A report from financial services giant Ernst & Young released on 12th May, states that most of the world’s large mining companies expect to grow through acquisition over the next two years. Ernst & Young’s review of 2007 showed

Full story...
Minews Story: May 13, 2008

Perseus Mining May Have Another Star In The Stable In Cote D’Ivoire

It is no easy task to keep one’s share price on the move when all the news is about rising gold resources and production is not expected until 2010 at the earliest. Mark Calderwood, managing director of Australian-listed Perseus

Full story...
Commodities: May 13, 2008

Inflation Wipes The Smiles Away As The Dollar Rises And Metals Fall

After a long period of decline it now looks as if the dollar may have bottomed out, though few observers actually seem to be bullish on the US currency. Having got as low as $US1.60 to the euro, the dollar is now worth US$1.54,

Full story...
Minews Story: May 13, 2008

Adamus Resources Now Has The Winning Post Of Gold Production Firmly In Sight

Australian-listed Adamus Resources is well on its way to production at its South Ashanti Gold Project in Ghana, but investors don’t seem to have appreciated that fact as yet. Maybe that is because at one time the company seemed

Full story...
Minews Story: May 13, 2008

Oklo Uranium Goes Tiger Hunting In Mali

What’s an aspiring Africa-focussed uranium exploration company to do if it can’t pick up ground in Namibia, the continent’s second most prolific uranium country, due to excessive staking and a new moratorium on pegging ground

Full story...
Minews Story: May 12, 2008

Atlas Iron Is On The Verge Of Becoming A World Class Iron Ore Producer

Not many Minesite readers get a first hand opportunity to see the latest remarkable developments in the Australian iron ore industry for themselves. So Minesite’s Man in Oz has done it for you. Last Friday, as a guest of Atlas

Full story...

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Press Releases

METALS EXPLORATION PLC

METALS EXPLORATION PLC PLACING

May 16, 2008

Tianshan Goldfields

DRILLING COMMENCES AT GOLD MOUNTAIN

May 16, 2008

CHURCHILL MINING PLC

Antam, Jindal in nickel, stainless steel JV

May 16, 2008

Marengo Mining

Marengo delivers positive outcomes from Phase 1 of the Yandera DFS

May 16, 2008

U3O8 Limited

Tempest survey identifies major uranium anomalies

May 16, 2008

IMX Resources

NACHINGWEA NICKEL JV TO UNDERTAKE EXPANDED 2008 EXPLORATION PROGRAM

May 16, 2008

Silver Standard Resources Inc.

Silver Standard Announces the Appointment of Peter Tomsett as Chairman of the Board of Directors

May 15, 2008

Silver Standard Resources Inc.

Silver Standard Reports First Quarter 2008 Results

May 15, 2008

Caledonia Mining Corporation

Caledonia Mining Announces it’s First Quarter 2008 Results

May 15, 2008

Karelian Diamond Resources Plc

MORE MANTLE NODULE-BEARING KIMBERLITE FOR KARELIAN IN LATEST DRILLING AT SEITAPERA

May 15, 2008

GEODEX MINERALS

GEODEX APPOINTS TWO NEW DIRECTORS TO ITS BOARD AND PROVIDES SISSON BROOK PROGRESS UPDATE

May 15, 2008

CANADIAN ZINC

CANADIAN ZINC REPORTS FIRST QUARTER 2008 RESULTS

May 15, 2008

Rusoro Mining Ltd

Rusoro Mining Ltd. Appoints VP Finance and Interim CFO

May 15, 2008

Brinkley Mining Plc

Grant of Niger Exploration Permit

May 15, 2008

Marengo Mining Limited

EUROPEAN FINANCIER JOINS MARENGO BOARD

May 15, 2008

Silver Standard Resources Inc.

First Quarter 2008 Results and Conference Call

May 14, 2008

Silver Standard Resources Inc.

Silver Standard Increases Pirquitas Silver Reserves by 43%

May 14, 2008

Rambler Metals and Mining plc

Rambler Reports Latest Drill Results at the Ming Mine Drills 5.10 metres of 3.68 g/T Gold and 15.77% Copper

May 14, 2008

Strongbow Exploration Inc.

Strongbow Announces $3.3 Million Flow Through Private Placement

May 14, 2008

Northern Lion Gold Corp.

Northern Lion reports update on the drilling program in Portugal - Enfermarias Drilling confirms Copper mineralization at depth

May 14, 2008