Minews Story: March 19, 2010

Alrosa Is Now Producing More Diamonds Than De Beers

Russia's dominant diamond miner, state-owned Alrosa, has grabbed the crown from De Beers as the world's largest diamond producer by output, and the most profitable one, too.

Minews Story: March 17, 2010

Manhattan Corporation Is On The Hunt For Uranium Deals, In Australia, And In The World At Large

Manhattan Corporation has two key items on its agenda for the remainder of the year: to expand the resource base on its existing uranium projects, and, separately, to acquire a new, advanced uranium operation. Drilling on

Minews Story: March 17, 2010

West Africa Elbows Its Way Into The Spotlight At The Paydirt 2010 Australian Gold Conference

Being a prophet in your own country has always been a bit of a burden, a fact that was first mentioned in The Bible, and which has been illustrated most recently by the swathe of Australian gold miners trying to convince

Minews Story: March 16, 2010

It’s Been Slow Going For Independence At Tropicana Recently, But Get Ready For A Boost Later In The Year

Sometime in the future an academic will find the answer to one of life’s more curious questions: why do South Africans succeed at an individual level when they migrate to Australia, while South African companies generally fail?

Minews Story: March 16, 2010

The Presenters At Our March Minesite Forum Played To A Packed House, As London's Investors Continue To Seek Out New Opportunities

With Indaba and PDAC now done and dusted it’d be fair to say that the mining year 2010 is now in full swing. And while it might perhaps be stretching the bounds of credibility to say that after those two great shindigs, the one

Minews Story: March 15, 2010

Canaco Is Opening Up A New Gold District In Tanzania, And At A Very Propitious Time

It’s a good time to be doing an update of Canaco Resources now that Tanzania seems to have climbed to the top of the most popular gold destinations in Africa after Barrick announced that it was floating off African Barrick Gold.

Commodities: March 15, 2010

Are Commodities Just A Binary Play On China?

Any assessment of commodities as an asset class doesn’t get far before China comes into the discussion. Although most people know that China is important, it is difficult to overstate just how vital it is to today’s commodity

Minews Story: March 13, 2010

That Was The Week That Was ... In Australia

Minews. Good morning Australia. How did your market perform last week?

Oz. In a word, oddly. If you’d looked only at the major indices you might have suspected that not much happened. The metals index rose by 1.2 per cent, the

Minews Story: March 11, 2010

Azumah’s Wa Project In Ghana Has Multi-Million Ounce Potential

Recent drilling results from Azumah have given managing director Stephen Stone yet more encouragement as the company accelerates work on its feasibility study on the Wa gold project in Ghana. There’s currently just over 754,000

Minews Story: March 11, 2010

Norseman Gold Has A Bright Future Ahead Of It, Despite The Current Setback To Production

The share price of Aim and ASX-listed Norseman Gold has taken a bit of a hammering of late, falling from 70p in November down to below 40p now. This response is predictable as investors find it hard to accept the swings and

Minews Story: March 10, 2010

Silver Lake Looks Right At Home In The S&P 300, As It Looks To Bring A Second Gold Project Up Towards A Production Decision

If it worked well the first time, why not do it again? That could be the motto of Silver Lake Resources, now established as one of the most successful Australian gold miners of the past decade, and which currently looks to be on

Minews Story: March 09, 2010

Apollo Minerals Will Deliver A JORC Resource And A Scoping Study For The Mt Oscar Iron Ore Project Later This Year

There has been a bit of a gap in our coverage of Apollo Minerals. This was not because there was nothing going on, but because the then chief operating officer Richard Sealy delayed matters towards the end of last year, as he was

Minews Story: March 09, 2010

Forte Energy Continues To Hit The Grades On Its Mauritanian Uranium Prospects

Mark Reilly has moved to London. This news may not yet have made it into the society pages of the Evening Standard or the Telegraph, but it is certainly good news for London-based investors in Forte Energy, the company that’s

Minews Story: March 09, 2010

Party Like It’s 2007: At The 2010 PDAC

Individuals that make their living in the mineral resource sector are well aware of the dramatic volatility that comes with the run-of-the-mill commodity cycle. So, in theory the quick bounce back from the 2008-2009 commodity

Minews Story: March 08, 2010

Elemental Minerals Could Be Sitting On A Company-Making Potash Deposit In Congo-Brazzaville

Before we get too deeply into the details of ASX-listed Elemental Minerals and its operations at the Sintoukola potash project in the Republic of Congo, one thing has to be made quite clear. The Republic of Congo is NOT the