News

Dragon Mountain Gold Delivers A Million JORC Ounces On Its Lixian Project In China

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

Silver Mines Takes A Dual Listing On Plus To Put Its Promising Australian Projects Under The Microscope At Both Ends Of The World

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

Minerva Resources Is More Advanced With Its Gold, But Longer-Term Platinum May Turn Out To Be The Company Maker

“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

Banro’s Twangiza Gold Property Moves Up A Level And Mike Prinsloo Is About To Hit The Road To Tell The World

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

Mill Bay Ventures Follows An Old Mining Adage And Cozies Up To Goldsource Mines’ Saskatchewan Coal Property

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

That Was The Week That Was … In London

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

That Was The Week That Was … In Canada

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

That Was The Week That Was… In Australia

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

Vaaldiam Aims To Be South America’s Biggest Diamond Producer, But Investors Remain Resolutely Unimpressed

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

Douglas Lake Minerals Set To Be The Conduit For Millions Of Dollars To Flow Into Tanzania From China

“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

Goldplat Expects To Add Gold Production From Mining To Its Production From By-Products Later This Year

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

Molybdenum Is The Metal Proxy For Exposure To Oil And Gas, And Moly Mines Has Plenty At Spinifex Ridge

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

Patagonia Gold Shifts Gears On Its Argentinian Gold Properties

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

Kiwara’s Copper And Uranium Exploration Activities Could Help Open Up An Underexplored Part Of Zambia’s Copperbelt

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,

Undeterred By Riots In Mongolia, Polo Resources Speeds Towards Production

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

Platinum Group Metals Is Days Away From Publishing A BFS On Its First Project

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

Construction Is Imminent At Leyshon's Zheng Guang Project, And A Hong Kong Listing's Not Far Off Either

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

Lydian International Benefits From A First Mover Advantage In Kosovo and Armenia, But There Are Drawbacks Too

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

The World Gold Council's New Japanese ETF Brings Additional Support To The Gold Price

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

With Just One Hiccup To Recover From, Crowflight Minerals Is Getting Set To Become Canada’s Next Nickel Producer

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