News

Minews Story: September 05, 2010

That Was The Week That Was ... In London

The first week of September is when the market in London reopens for serious business after the summer slowdown. Due to the bank holiday it was a short week, but nevertheless there were some fast-moving stocks to follow. And,

Minews Story: September 04, 2010

That Was The Week That Was ... In Australia

Minews. Good morning Australia. It’s hard to tell which is more interesting, your market or your government.

Oz. Oh, that’s easy, it’s the market, but largely because we still haven’t got a functioning government. Both major

Minews Story: September 03, 2010

That Was The Week That Was … In Canada

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

CC. A major gold discovery in the Yukon and a bevy of corporate transactions kept traders firmly glued to their

Minews Story: September 03, 2010

Goldplat Is On The Threshold Of A New Era, With Gold Production Increasing And An Acquisition In Ghana On The Cards

It can be very frustrating to get proper recognition in the market for a junior mining company, as Demetri Manolis, the chief executive of Aim-traded Goldplat admits, but for his particular company that moment cannot be far off.

Minews Story: September 02, 2010

Sabre’s Hunt For A Tsumeb Lookalike At Kaskara Steps Up A Gear, As The Drill Rigs Finally Roll Onto Site

It’s taken longer than management imagined it would, and longer than some shareholders could hold out for, but Sabre Resources has now started preparations for drilling at its highly-promising Kaskara copper, lead, and zinc

Minews Story: September 02, 2010

Maudore Minerals Plans To Develop A High Grade Open Pit Gold Mine In Quebec, Once Next Year’s Extensive Drill Programme Is Complete

It is always useful to take a quick look at the share price of a company before starting to write on it, as it gives a useful snapshot of market sentiment. In the case of Canadian-listed Maudore Minerals the shares have shot up

Minews Story: September 02, 2010

It's Only A Matter Of Time Before The Market Recognises The Value Of The Stake Red Rock Resources Holds In Jupiter Mines

Eventually the Red Rock stake in Australian-listed Jupiter Mines will be diluted to the point where the influence of Red Rock chairman Andrew Bell will be marginalised. But by that time neither Andrew Bell, nor the Red Rock

Minews Story: September 02, 2010

All About The Business Of Mining: The Africa Down Under Conference Gets Into Its Stride

“Bizarre”. “Astonishing”. “Jaw-dropping”. All are valid ways of describing the mining conference currently being held this week in the Australian city of Perth. That it’s about mining is not the reason for the excitement in the

Minews Story: September 01, 2010

Geologix Explorations Is Just A Month Away From A Preliminary Economic Assessment On The Tepal Copper-Gold Project In Mexico

“Aggressive” is a word that Geologix Explorations uses a lot when describing its strategy, and right now that certainly seems to be its style. The company has drill programmes ongoing at two projects in Mexico.

Minews Story: September 01, 2010

Kenmare Steadies The Ship At Moma, And Is Now Within Sight Of A 10 Per Cent Market Share In The Production Of Titanium Feedstock

“This year’s a happier year than last year, that’s for sure.” So says Michael Carvill, managing director of Kenmare Resources, and given the bumps and scrapes that Kenmare incurred last year, it’s hard to disagree. Back in 2009,

Minews Story: September 01, 2010

The Straws In The Wind Seem To Be Blowing Against Oleg Deripaska And Rusal, As Vladimir Putin Cosies Up To Norilsk

Oleg Deripaska, chief executive of Russian aluminium monopoly Rusal, is preparing for a series of presentations to institutional investors in Boston and New York next week, chaperoned by one of his largest creditor banks, BNP

Minews Story: September 01, 2010

BHP Billiton Embarks On A Great Fertiliser Adventure, And Shareholders Hold Their Breath

If Marius Kloppers, the young chief executive of BHP Billiton, was expecting a rousing cheer from shareholders over his US$40 billion takeover bid for Canada’s Potash Corporation he will have been rather disappointed. Since the

Minews Story: August 31, 2010

The Battle For Boardroom Control Of Euromax Resources Intensifies

Canadian-listed Euromax Resources has been going through a very strange time this year, and the signs are that things are going to get even stranger. You cannot fly in the face of a clear vote at an AGM, when 69 million votes out

Minews Story: August 31, 2010

Ovoca Gold Plans To Add To The Resource At Olcha At A Rapid Rate This Autumn

Shares in Ovoca Gold have tacked on a handy 6p since they hit a year low of slightly less than 15p back in March. Since then, the recovery has been steady, and swift. The shares are now trading just shy of 22p, having tacked on

Minews Story: August 29, 2010

That Was The Week That Was ... In London

The run up to the long weekend at the end of August is normally one of the quietest weeks of the year on London's stock markets. However, this week continued the recent theme by being reasonably lively. Overall, the market ended

Minews Story: August 28, 2010

That Was The Week That Was ... In Australia

Minews. Good morning Australia. How did your market perform in a week when there was no clear indication of who is governing the country?

Oz. Not badly. All the indices were down marginally, but that was largely because of the

Minews Story: August 27, 2010

That Was The Week That Was … In Canada

Minews. Now, over to our Canadian Correspondent for the latest on Potash Corp of Saskatchewan and for a look at how the Canadian markets performed over the past week.

CC. Potash Corp of Saskatchewan continued to fight the

Minews Story: August 26, 2010

Baobab Drills On Towards An Updated Resource Estimate For Tete, Due Out In November

“Things are really humming along at Tete”, says Ben James, managing director of Baobab Resources. Tete, for those not in the know, is Baobab’s flagship development project, one that already boasts a 47.7 million tonne resource

Minews Story: August 26, 2010

If All Continues To Go To Plan, First Majestic Silver Could Be Paying An Initial Dividend in 2012

Keith Neumeyer, chief executive of First Majestic Silver, keeps coming up with the goodies. And the company’s share price is reflecting these achievements. Back in April, when the shares were just over C$2.00 each, his company

Minews Story: August 26, 2010

Fire River Gold Gets Ready To Break Through The Alaskan Silence With The Sounds Of A Fully Functioning Mining Operation

If the silence up at the Nixon Fork gold mine in Southern Alaska seems slightly eerie, then at least there’s nothing sinister about it. It’s not the calm before the storm, even if the Alaskan winters do come early, and the clouds