Minews Story: July 08, 2008
Dragon Mountain Gold has delivered a JORC inferred resource of 1.1 million ounces of gold on the Zhao Gou deposit at its Lixian project in Sichuan province, China. The company’s shares went for what managing director Andrew
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Minews Story: July 08, 2008
Silver Mines is the first company to tread the path from a listing on the ASX to a dual listing on PLUS markets in London. Others will surely follow. At first sight Silver Mines may look on the small side, but it has big
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Minews Story: July 08, 2008
“People are more enamoured with gold than with platinum at the moment, and we’re more advanced with the gold”. So says Minerva Resources chief Terry Ward as he embarks on a new round of fundraising. It’s a tough ask in these
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Minews Story: July 08, 2008
It was a little behind schedule, but Banro has now released the details of the pre-feasibility study on its Twangiza gold property in the Democratic Republic of Congo (DRC). The pre-feasibility had originally been promised for
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Minews Story: July 07, 2008
Probably the most well known and oft-repeated adage in mining is: “the best place to look for a new mine is near an old mine”. Mill Bay Ventures and its president, William Glasier, have put the saying into regular practice. “The
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Minews Story: July 06, 2008
It was an abysmal week for London's mining sector even by the sorry standards of the previous one. The majors were all down, with Anglo American (LSE: AAL) falling seven per cent to 3,148p, Rio Tinto (LSE: RIO) off four per cent
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Minews Story: July 06, 2008
Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed this past week.
CC. With the Canada Day holiday on Tuesday, and the United States market closed Friday for Independence Day, the past week
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Minews Story: July 06, 2008
Minews. Good morning Australia. It looks like you had a rough midweek ride and a smooth ending.
Oz. That’s a good way of describing what was possibly the worst week this year. Thursday in particular was a wipe-out, with
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Minews Story: July 04, 2008
Nobody is going to fool themselves into thinking that the stockmarket is resilient at the moment, but even given that it’s strange to see that the share price of Vaaldiam, the Canadian-listed company that claims to be the biggest
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Minews Story: July 03, 2008
“At Christmas we came across this property in Tanzania, shown to us by a company geologist - a burlap sluice operation producing 200 kilos of concentrate per month”. Thus begins the tale of the latest chapter of the Douglas Lake
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Minews Story: July 03, 2008
Goldplat is already a stand-alone gold producer, but not in the conventional sense. The company recovers gold from waste by-products and equipment from mines and, at the same time, ensures the safe disposal of the residual
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Minews Story: July 03, 2008
Sour gas has a sweet smell for Derek Fisher. Over the past three years, as he has been busy building a new Australian business based on mining the metal molybdenum, global demand for oil and gas, whether sweet or sour, has
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Minews Story: July 03, 2008
Ever since Argentine-focussed Patagonia Gold found its projects in Chubut province effectively closed down by the regional government it has been struggling to re-invent itself. The company has interests in 45 properties in
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Minews Story: July 02, 2008
Kiwara’s purpose when it was set up was simple. According to chief executive and 16 per cent shareholder Peter Vivian-Neal, the idea was: “to look for an opportunity in southern Africa in base metals”. A couple of deals later,
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Minews Story: July 02, 2008
What’s happening at Polo Resources? You might well ask, given the recent shenanigans revolving around the company’s 24.4 per cent stake in fellow coal miner Caledon Resources. And you might well ask, given the company’s 29.7 per
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Minews Story: July 01, 2008
June 30th was the deadline that Platinum Group Metals (PGM) gave for the delivery of its Bankable Feasibility Study on Project 1 on its Western Bushveld Joint Venture. The study has in fact been delivered to the company by the
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Minews Story: July 01, 2008
Leyshon Resources managing director Paul Atherley has confirmed the company is considering a Hong Kong listing to help fund development of the 70 per cent owned $US50 million Zheng Guang gold-zinc project in northern China and to
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Minews Story: July 01, 2008
Lydian International is a courageous little company which listed in Toronto only seven months ago after it developed a first mover strategy in Kosovo and Armenia. Investors probably react in different ways to these two countries
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Minews Story: July 01, 2008
The global popularity of Exchange Traded Funds (ETFs) was confirmed again this week as the World Gold Council, in conjunction with US investment giant State Street Corporation, launched the first Tokyo Stock Exchange gold ETF. In
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Minews Story: June 30, 2008
It’s been a long and winding road, but after years of perseverance Canadian-listed Crowflight Minerals is gearing up to make the transition from explorer to nickel producer thanks to developments its Bucko Lake project in
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