News

Glass Earth Gold Plans A Rapid Advance To Modest Production As It Works Up One Of The Biggest Land Positions In New Zealand

For the third time in a matter of two weeks we have come across chief executives of junior mining companies who have used a bit of lateral thinking to overcome the slough of despond into which many of their peers have slid. The

Focus Minerals Already Has Plenty Of Cash Flowing In From Coolgardie, As Work On A Central Processing Plant Nears Completion

Any time that’s spent developing a mine and the associated processing plant is disliked by investors for a simple reason: no cash flow. Near Coolgardie, in outback Western Australia, an emerging gold miner has solved that

A Radical New Plan For The Giant Sukhoi Log Gold Project In Russia Lands On The Desks Of Kremlin Power-Brokers

Russia’s resources tsar, Deputy Prime Minister Igor Sechin, is considering a new plan to award the mining right to Sukhoi Log, one of the largest un-mined gold deposits in the world, to a special-purpose company backed by Russian

Ariana Resources Proposes To Sell To The Public Pure Gold Bars Produced From Its Operations At Kiziltepe In Turkey

It will not be the first time that Minews has pointed out that it is the directors who use their brains that survive best when money is scarce. A good example is AIM listed Ariana Resources, where Kerim Sener, the Turkish

Diamondcorp Looks To The Longer Term Upside, As Short Term Production Targets Slip Away

The market wasn’t exactly thrilled by the most recent operational update from Diamondcorp, the Aim-traded junior that’s re-opening the old Lace kimberlite mine in South Africa. To say it was nonplussed would be an

Greystar Moves Full Ahead To Feasibility On Angostura: Next Stop, $900 Million To Build It

Work is continuing apace up at Angostura, the giant gold deposit in Columbia currently under development by Greystar Resources. Following the completion of a prefeasibility study earlier in the year, the company has now set a

Altona Energy Now Has A Very Powerful Chinese Partner At The Arckaringa Coal-To-Liquids Project In South Australia

It has taken nearly a year for the Chinese company CNOOC–New Energy Investment to carry out due diligence on Aim-traded Altona Energy’s Arckaringa coal project in South Australia. Big and powerful companies tend to work slowly,

Tally Ho! Shares In Spitfire Resources Take Off In Anticipation Of A Maiden Manganese Resource At South Woodie Woodie

Manganese has never been the stuff to stir the blood of a hard-core investor. Not unless it is the cause of a company more than doubling its share price in less than a month, that is. That is what has happened to Spitfire

With £26 Million To Invest, New Fund Altus Resource Capital Is Well Placed To Benefit From Any Further Recovery In Equity Markets

If ever there was an indication of the lack of any real correlation between the world of the smaller mining company and the broader UK economy - notwithstanding that many miners are listed in London - it came on Tuesday 30th

Conroy Adds Zinc And More Gold To The Assembly Of Minerals Present On Its Extensive Irish Exploration Licences

Things are moving along fairly rapidly up at Conroy Diamonds & Gold’s Clay Lake gold exploration licence in County Armagh, or as rapidly as they ever do in mining and exploration, given that we're talking about a set of

CGA Mining Accelerates Its Production Ramp Up At Masbate, While Segilola Looks Like Another Potential Winner

So Mike Carrick of CGA Mining has achieved his aim of bringing the Masbate gold project in the Philippines into production. The first shipment of dore gold went out in the last week of May, and has gone to Metalor Technologies in

Volta Resources Is Starting To Get A Good Handle On The Geology Down On Its Burkina Faso Projects

It must be very satisfying when you come up with a working hypothesis for a geological model, stick some drill holes down to test the validity of that model, and lo-and-behold it turns out you were right. Just exactly how

Wheeling And Dealing Down In Tasmania Has Put Bass Metals In A Strong Position To Increase Production Signficantly

One or two mining companies have been getting into financial difficulties of late, as has been fairly widely reported. And many a promoter too, has talked of the opportunities such a set of circumstances present in terms of the

Great Future for Great Panther: Costs Are Down, Profits Are Up, And Now It’s Time To Hit The Acquisition Trail

While many of its counterparts have floundered in the recent tumultuous global markets, Canadian silver mining company Great Panther Resources has managed to cut costs and has now started hinting at expansion. Great Panther’s

Azumah Resources Heads Towards Production, As The Latest Drill Results From The Wa Project In Ghana Come Up Trumps

If they were asked to compile a list of the best performing gold stocks on the Australian share market over the past six months, it’s a fair bet that not many investors would pick Azumah Resources. But those that did would have

Onto The Backburner: Udokan, Russia’s Biggest Unmined Copper Project, Is Officially Allowed To Languish

The Udokan copper deposit, in southeastern Siberia, will not be mined any time soon, according to government and commercial mining sources in Moscow. For miners, who have been watching this particular copper pot pass from one

Altius Minerals Widens The Reach Of Its Royalty Portfolio, And Steps Out Beyond Eastern Canada

At the beginning of the year, frightened investors were piling into risk-averse Altius Minerals in some numbers. Many had lost a small fortune on classically risky, early stage exploration plays. Many had been taken to the

That Was The Week That Was ... In London

In London it was a sideways week for the mining sector as a whole. The FTSE 100 stocks were off by 0.7 per cent in spite of Xstrata's (LSE: XTA) proposal to merge with Anglo American (LSE AAL), whereas the smaller companies

That Was The Week That Was ... In Australia

Minews. Good morning Australia. It looks like you had another flat week.

Oz. It does, but only if you use the start and finish points as your guide. If you do that you see a fall in the overall metals and mining sector of less

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent for a look at how the Canadian markets performed this past week.

CC. A widely anticipated profit warning from the world’s largest potash producer and a cut in copper production