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STOP PRESS:

Minesite News headlines November 23, 2008

Minews Story: November 22, 2008

That Was The Week That Was ... In London

London’s miners endured another rough week, as the juniors and mid-caps fell an average of almost 13 per cent across the board. The FTSE 100 miners put in a mixed performance, with Antofagasta (LSE: ANTO) actually up 4.3 per cent

Full story...
Minews Story: November 22, 2008

That Was The Week That Was … In Australia

Minews. Good morning Australia. Was that the bottom on Friday?

Oz. Perhaps... The big bounce in the gold price, as we were closing for the week, was a very positive sign, as was the continued recovery in the price of uranium.

Full story...
Minews Story: November 22, 2008

That Was The Week That Was … In Canada

Minews. Now over to our Canadian correspondent for a look at how the Canadian markets performed during the previous week.

CC. Tax loss selling seemed to be the story of the week on the Canadian markets, with the gloomy economic

Full story...
Minews Story: November 20, 2008

Griffin Mining Goes Into The Lignite Business, And Still Has $70 Million Left Over For Other Deals

When the finance director of a mining company, yes one that is in production, says that his company has 26p a share in net cash and that the share price is 18p you can begin to get a sense of how dislocated the current market is.

Full story...
Features: November 20, 2008

Some Cold November Truths for Canada’s Junior Miners

The next three to six months is going to be make or break time for many Canadian-listed junior miners. With the equity markets boarded-up for the foreseeable future, the list of seriously ill or bankrupt companies is about to

Full story...
Minews Story: November 20, 2008

Formation Capital Has Kept The Lawyers At Bay And Now Awaits A New Environmental Decision On Development Of The Idaho Cobalt Project

Patience and persistence are the two prime qualities to be sought in the chief executive of a junior mining company in which it is worth investing. Such a chief executive takes problems on the chin and finds ways of solving them.

Full story...
Minews Story: November 20, 2008

First Gold Production From Cambridge Mineral Resources Puts The Company’s Past, Present And Future In A Different Light

“From now on”, says Colin Andrew, managing director of Cambridge Mineral Resources, “all our press releases will be issued using the past tense”. By which roundabout fashion he means that Cambridge will issue far fewer promises,

Full story...
Minews Story: November 19, 2008

After A Turbulent Twelve Months, Kingsgate Consolidated Gets Down To The Business Of Producing Gold Profitably

Christmas nears, the time to write a letter to Santa, and it’s a fair bet that shareholders in Kingsgate Consolidated will be making a most unusual request. They want life to become a little less exciting. Over the past 12 months

Full story...
Features: November 19, 2008

When Your Broker Loses More Than You…

As a private investor who has enjoyed the fruits of the expanding resource market over the past several years, it is a sobering experience to see the markets breaking out in what appears to be a rash of boils from an unnamed

Full story...
Features: November 19, 2008

"Buy When There’s Blood In The Streets": Sprott and Altius Lead a Long List of Discounted Canadian Resource Plays

Many investors who entered the resource cycle late in the game have had their proverbial heads handed to them on a platter. But with a bevy of Canadian listed stocks currently trading at less than half their cash value, many

Full story...
Minews Story: November 19, 2008

As Soon As The Funding Is In Place, Gippsland Will Be In Pole Position To Sell Its Tantalum Into A Rising Market

One thing about non-terminal traded metals is that pricing can always surprise you if you don’t constantly keep up to date. But although there’s an opacity in these markets that anyone who isn’t an industry insider would be

Full story...
Minews Story: November 18, 2008

Africa Weekly: Equinox Poised To Push Go At Lumwana, Central African Gold On The Brink, And Shareholder Discontent At Extract Resources

As Europe tipped into recession, the side effects of the crisis have savaged African stock markets. Foreign capital is pulling out, but some companies are still managing to make progress. As the week opened, High River Gold, a

Full story...
Minews Story: November 18, 2008

Braemore Resources Turns A Profit On Platinum Smelting In South Africa, But Nickel In Australia Is A Tougher Proposition

There’s not much point picking up precisely where we left off with Braemore Resources: plenty’s changed since Hamish Bohannen presented at Minesite towards the end of last winter. Plenty’s stayed the same too. What’s changed is

Full story...
Minews Story: November 18, 2008

Centamin’s Unique Position In Egypt Puts A Potentially Greater Value On It Remaining Independent

A very shrewd move from Josef El-Raghy, chief executive of Centamin Egypt, back in August, in appointing Trevor Schultz as Executive Director of Operations. Thus Trevor is on board during the critical period leading up to

Full story...
Features: November 17, 2008

DRC Disaster Could Spell Serious Supply Disruptions To Tin, And Serious Issues Of Conscience To The World’s Mobile Phone Users

Who knows how it will go, up there in the eastern part of the Democratic Republic of Congo, where rebel soldiers marching in the name of their leader and aspirant leader of the whole of the Congo Laurent Nkunda now control large

Full story...

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