News

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

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

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

That Was The Week That Was ... In London

It was a busy week for the mining sector in London. There were two significant new listings and widespread strength in share prices. The coal sector in particular was in favour. Among the majors, Rio Tinto (LSE: RIO), and BHP

That Was The Week That Was ... In Australia

Minews. Good morning Australia. How was your week?

Oz. Strong in parts, lacklustre in others. Iron ore stocks led the way up, again. Gold stocks were stronger, but coal, base metals and uranium stocks were mixed. The ASX metals

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.

CC. It was all about first quarter earnings last week on the Canadian markets, and the gold producers lead the charge.

IMX Chief Counts Backwards From Christmas As Cairn Hill Moves Closer To Cash Flow

“I’m counting backwards from Christmas”. This isn’t an Australian attempt to re-write the famous Spike Milligan ditty from the Goon Show about “walking backwards for Christmas across the Irish Sea”. Rather it’s the challenge

Goldsource Mines Sparks Saskatchewan Coal Frenzy

It’s all a bit reminiscent of Diamond Field Resources’ discovery of the giant Voisey Bay nickel deposit in Labrador back in the 1990s, when the original target was diamonds. This time round, tiny Canadian-listed Goldsource Mines

After A Turbulent Ramp Up, Noventa Is On The Way To Becoming The Lowest Cost Tantalum Producer In The World

Zambezia province, up in north eastern Mozambique, is true tantalum country. The artisans and small operators who work the ground there do quite nicely, and now some bigger companies are getting in on the act too. “This year we

Orko Silver Could Be Onto A Company-Maker At La Preciosa

When we wrote about Canadian-listed Orko Silver towards the end of last year the suggestion was that the company was aiming to boost its resource estimate at its La Preciosa project in Mexico to 100 million ounces of silver, but

Toledo Mining Starts To Get Serious About Downstream Nickel Production

According to George Bujtor, chief executive of Toledo Mining, there’s six million tonnes of nickel laterite ore sitting in ports in China. That may be one reason why the nickel price has come off last year’s highs to the point

Tamaya Re-Writes The Rule Book With A Money-Saving Move To London

Not many mining companies move to London to save money. But that’s just what Tamaya Resources is doing as it juggles the challenges of developing a global spread of mining interests off a small financial base. Technically, Tamaya

Lithic’s Zambian Uranium Properties Begin To Shape Up, With An Additional Wildcard Or Two From Togo Thrown In

How many people do you know walking around town with a Thermo Scientific Radeye Pro Personal Radiation Detector in their pocket? Here at Minesite we can name at least one: Jim Kerr, managing director of Lithic Metals & Energy.

Coal Is The New Black Gold For Kalimantan Gold

Kalimantan Gold has just signed a contract to explore for coal in Indonesia. Given that the name of the company suggests it’s looking for gold and not coal, Minews wondered if the company might be changing its name. Chief

Watermark Global Intends to Clean Up South Africa’s Acid Mine Drainage At A Profit

Acid mine drainage is a sulphuric acid solution generated when exposed ore comes into contact with water and air. It’s long been a problem for mines and for mining companies, as it also contains heavy metals. This very unpleasant

Brazil’s Bahia State Opens Up To Iron Ore, And For London-Listed ENRC The Quick And Dirty Numbers Stack Up Nicely

Kazakhstan-based ferrochrome and iron ore producer Eurasian Natural Resources Corporation (ENRC) is certainly putting down a marker with its US$300 million acquisition of a 50 per cent stake in Brazilian iron ore project company

Magellan Minerals Has Embarked On An Exciting Voyage Of Discovery Down In Para State, Brazil

Having taken service in the rival Spanish crown, Ferdinand Magellan, who was Portuguese himself, actually spent a great deal of time avoiding Portuguese territory. Thus it was that on his great circumnavigation of the world in

One Highly Mineralised Drill Sample Has Changed Everything For Belmore Resources

In this business one drill hole can change everything. For Belmore Resources, a company that has to date existed more on paper than in the physical world, hitting a high grade zinc-lead intersection on its Kilbricken property in

Commodity Watch Radio Interviews Ralph Shearing of Soho Resources

Ralph Shearing of Soho Resources (CA:SOH) tells us about his latest drill results and the strategy of Soho as they move forward.

Delays At Sukari Unlikely To Put Off The Majors Eyeing Centamin Egypt

A mere shortage of concrete has pushed back first production from Centamin’s giant Sukari gold mine in Egypt. The three month delay is nothing to worry about, according to the company’s house broker, Ambrian. “These small delays