News

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.

CC. The last few trading days of August actually saw some buying in the much beleaguered exploration sector, enough to

San Agustin, Mexico: A Win-Win For Geologix And Silver Standard

Lately, in the market, there has been a lot of confusion surrounding Geologix Explorations’ option payment to Silver Standard Resources. So much so in fact that last week Geologix’s chief executive Dunham Craig hosted an open

After Disappointment On Sutakiki Solomon Gold Ventures Forth Across Guadalcanal

Three things make life difficult for explorers on Guadalcanal: heavy rainfall, steep terrain and complex geology. Anyone trying to understand what is going on also has to cope with unpronounceable names. So Minews was grateful

Genco Mounted A Tricky Balancing Act During A Recent Proxy Dispute, But Now It’s Back To The Business Of Mining Silver

One week ago Robert Gardner, co-chairman of Genco Resources, was in Beijing, in his capacity as a member of the British Columbia (BC) government-sponsored business delegation to China. “I have very close connections with China,”

It’s Lawyers At Ten Paces As Anglo Pacific And North Australian Diamonds Square Up In The Courts

No investor likes to be watered down by a share placement. But not many react by suing the company in which they have a major stake. In a curious sort of way it’s a bit like suing yourself. That, sadly, is what’s happening as

Central China Goldfields Has The Optimum Plan: Cash Flow From One Asset To Fund Exploration On Another

Company directors investing new money into their own companies is a rare event these days. This is something we shall look at in much more detail next week, as it’s not normally for want of trying that directors rarely trade. But

Buy Low And Sell High: Silverstone Resources Builds On A Winning Strategy, Although Its Shares Are In Need Of Some Support

Darren Pylot and his team at Canadian-listed Silverstone Resources have done such a stellar job increasing cash flow over the past 12 months that, believe it or not, the current dearth of capital available to small miners may

All Hands On Deck At Uruguay Minerals As The Quest To Find The Next Economic Orebody Continues

“Whether we should hedge now is a good question”, Tony Shearer, chairman of Uruguay Minerals, told Minesite last week. A good question, and now we have the answer: as far as the Uruguay board is concerned it’s a resounding yes.

All Eyes Are Now On African Eagle’s Dutwa Nickel Laterite Discovery In Tanzania

It is not often one gets a call first thing in the morning from Euan Worthington, deputy chairman of Aim-listed African Eagle Resources, so it will be worth checking the colour of the moon this evening. Euan cannot be described

Scotgold Resources May Be Listed In Australia, But It’s Up To The Scots To Ensure Its Success

It says a lot about the mentality of the Brits that the history of gold production in Wales, Ireland and Scotland going back to the times of the Romans and Celts seems to be ignored. If you want gold, is the general opinion, go

Etruscan's Youga Gold Mine Offers A Good Snapshot Of How The Industry Stands At The Moment

Starting a mine up is when the money is supposed to stop flowing out of a company and start flowing in. Unfortunately, this year has seen quite a number of companies whose brand new mines have had commissioning delays which have

Greystar Presses Go On A Bankable Feasibility Study At Angostura

David Rovig’s been busy lately. On 18th August the company he chairs, Greystar Resources, launched a long-awaited bankable feasibility study on its Angostura gold project. One way or another Greystar has been drilling on

That Was The Week That Was ... In London

It was another mixed week for London’s mining shares, with some very strong performances, but also a lot of persistent weakness. One theme, although by no means true across the board, was that producers benefitted from some

That Was The Week That Was... In Australia

Minews. Good morning Australia, you seem to have had an interesting week.

Oz. We certainly have, with China delivering us a win and a loss at the same time. On the stock market there was a very impressive mood of recovery thanks

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.

CC. After facing a barrage of selling for most of the summer, the broader resource stocks managed to rally over the

A Political Sea-Change In Western Australia Could At Last Allow EMA To Get Down To Mining At Mulga Rock

Politics and business are always odd bedfellows, which is why sensible investors run a mile when the two are mentioned in the same breath. But, in Western Australia (WA) a curious convergence of politics and business is currently

On The Ground In Botswana With Firestone Diamonds And DiamonEx: Good Progress, But De Beers Casts A Long Shadow

Through the blur of the propellers of the Hawker Beechcraft King Air light aeroplane, the vast expanse of Botswana’s green and brown plains stretches towards the horizon. Those green and brown plains might look empty and sparse

Rimfire Straddles The World In Its Quest For New Copper And Gold Deposits

For many a year now Canadian-listed Rimfire Minerals, under the leadership of David Caulfield, has been focussing on exploration in Western Canada and Alaska, where its team has gained a profound understanding of the styles and

Cambrian Mining Shares Riding High, As Mark Burridge’s Medicine Reacts To Good Effect With A Strong Coal Price

What is it with Cambrian Mining? While everyone else is rolling about in the gutter moaning about a lack of liquidity, a dearth of credit and a lack of money in any form, Cambrian's share price is riding high at just over 230.5p.

Citadel Resources Stakes Some Big Claims In Saudi Arabia, Proving That There’s Life After Oxiana For Owen Hegarty

Older investors might remember a young chap visiting London in the 1990s to spruik a story about a copper/gold discovery in the almost forgotten South East Asian country of Laos. A few listened, but not many. Pity, really because