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Minesite News headlines November 23, 2008

Australian News

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 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...
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...
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...
Minews Story: November 17, 2008

CGA Mining Is Confident Of Producing First Gold At Masbate In March

These days, there aren’t too many well-funded gold companies around that are on the way to production, or in process of ramping up. CGA Mining stands out among those that are. Judging by the two initial reports from Haywood and

Full story...
Commodities: November 16, 2008

As Governments Attempt To Stimulate Demand By Investing In The Basic Fabric Of Modern Society, Miners Wisely Cut Capacity

A gathering of the great and the good from the largest 20 economies on earth this weekend in Washington will doubtless have kept many journalists occupied. But will it have solved anything or produced any remedies for the global

Full story...
Minews Story: November 15, 2008

That Was The Week That Was ... In Australia

Minews. Good morning Australia. Is there any good news to report, or is it all gloom?

Oz. Mainly gloom, but with flashes of hope, as our friend Richard Elman emphasised midweek with his observation that he was “seeing the

Full story...
Minews Story, Commodities: November 12, 2008

Richard Elman At Commodities Trading House Noble Group Reckons He Can See The Bottom Of This Market

Richard Elman is “seeing the bottom”. That’s either a very clever trick from a man with an office in a high-rise overlooking the murky waters of Hong Kong harbour, or good news for investors in mining shares. The latter is the

Full story...
Minews Story: November 11, 2008

Long-Term, Prairie Downs Has Exciting Potential In Vanadium; Short-Term It’s A Good Job That Mine Development Work Is On Hold

It’s not often that you can look at an emerging base metals miner and think how fortunate it is that a commitment to a mine development hasn’t been made. But a perfect example of what might be called a financial near-miss comes

Full story...
Minews Story: November 11, 2008

Allied Gold Cuts Debt And Builds Production: Music To The Ears Of A Jaded Market

Mark Caruso paces restlessly around the analysts’ update meeting. Perhaps he senses that the share price of his company, Allied Gold, is on the move. If so, he’s not wrong. Allied’s shares have been moving quite significantly of

Full story...
Minews Story: November 10, 2008

Africa Weekly: Jubilee Joint Ventures On The Bushveld, Minerva Presses On At Tulu Kapi, And Katanga Updates On Production

Troubled times on the African continent: hundreds of villagers were displaced in the eastern Democratic Republic of Congo (DRC) after fresh waves of violence erupted; Zambia’s opposition leader Michael Sata cried foul after he

Full story...
Commodities: November 09, 2008

It Was Fun While It Lasted: Metal Prices Drop To Pre-Boom Levels, But Some Important Lessons Have Been Learned

Base metal prices fell again last week, and are now at a level that old time mining analysts can relate to. Prices are back in the range where they traded for the bulk of the 1990s, with the exception of copper at US$3,880 a

Full story...
Minews Story: November 08, 2008

That Was The Week That Was ... In Australia

Minews. Good morning Australia. Another tough week?

Oz. Yes and no. It was a week very much in the mould of one we saw in late October, a week which was split neatly in half, but the end result of which created the impression

Full story...

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