Minews Story: March 16, 2010

African Eagle's Dutwa Nickel Laterite Project Is Generating Plenty Of Interest Amongst Potential Development Partners

African Eagle managing director Mark Parker sounds in a reasonably confident frame of mind when he picks up the phone for a quick chat about progress at his company’s flagship Dutwa nickel laterite project in Tanzania. It’s not

Minews Story: March 15, 2010

Firestone Diamonds Is Just A Few Months Away From Generating Its First Cashflow From Kimberlite Mining

In many ways it’s been a remarkably short journey. Just three years on from its initial acquisition, Firestone Diamonds is on the cusp of breaking first rock at its BK11 kimberlite diamond project. When it hits full production,

Minews Story: March 15, 2010

Canaco Is Opening Up A New Gold District In Tanzania, And At A Very Propitious Time

It’s a good time to be doing an update of Canaco Resources now that Tanzania seems to have climbed to the top of the most popular gold destinations in Africa after Barrick announced that it was floating off African Barrick Gold.

Commodities: March 15, 2010

Are Commodities Just A Binary Play On China?

Any assessment of commodities as an asset class doesn’t get far before China comes into the discussion. Although most people know that China is important, it is difficult to overstate just how vital it is to today’s commodity

Minews Story: March 13, 2010

That Was The Week That Was ... In London

In London it was a slow sideways week for the miners, though the sector managed to hold onto the previous week's spectacular gains. The FTSE 100 miners gained an average of 0.4 per cent whereas the mid and small cap companies

Minews Story: March 13, 2010

That Was The Week That Was ... In Australia

Minews. Good morning Australia. How did your market perform last week?

Oz. In a word, oddly. If you’d looked only at the major indices you might have suspected that not much happened. The metals index rose by 1.2 per cent, the

Minews Story: March 13, 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. It was a bit of a rough week for the gold miners, but a friendly takeover offer for a small junior

Minews Story: March 11, 2010

Azumah’s Wa Project In Ghana Has Multi-Million Ounce Potential

Recent drilling results from Azumah have given managing director Stephen Stone yet more encouragement as the company accelerates work on its feasibility study on the Wa gold project in Ghana. There’s currently just over 754,000

Minews Story: March 11, 2010

Norseman Gold Has A Bright Future Ahead Of It, Despite The Current Setback To Production

The share price of Aim and ASX-listed Norseman Gold has taken a bit of a hammering of late, falling from 70p in November down to below 40p now. This response is predictable as investors find it hard to accept the swings and

Minews Story: March 11, 2010

Speculation About Colombian And Indonesian Gold Projects Kept The Rumour Mills Turning At This Year’s PDAC

If the annual Cordilleran Round-Up Conference held in Vancouver in January focused on the recent exploration successes in Canada’s Yukon Territory, the now concluded Prospectors and Developers Association of Canada Conference in

Minews Story: March 11, 2010

Karelian Diamonds Steps Up The Pace On Its Finnish Diamond Properties

The world’s diamond miners and explorers got the fright of their lives as the global financial crisis decimated markets and prices in 2008 and 2009. The gloom and doom was, for a while, all pervasive, as De Beers cut back, Alrosa

Minews Story: March 10, 2010

Ariana Expects To Start Plant Construction At Red Rabbit Next Year, And Will Then Go Back To Elephant Hunting

When we last wrote about Turkish explorer and gold producer Ariana Resources, the elephant in the room was the question as to how the joint venture with European Goldfields was likely to progress, following the departure of chief

Minews Story: March 10, 2010

Silver Lake Looks Right At Home In The S&P 300, As It Looks To Bring A Second Gold Project Up Towards A Production Decision

If it worked well the first time, why not do it again? That could be the motto of Silver Lake Resources, now established as one of the most successful Australian gold miners of the past decade, and which currently looks to be on

Minews Story: March 10, 2010

VANE Minerals Delivers A Maiden Resource On Its Wate Uranium Project In Arizona

After a slightly extended wait, VANE Minerals has finally delivered a maiden 43-101 resource number on the Wate breccia pipe in Arizona, jointly owned with Uranium One. Work undertaken by SRK shows Wate to contain an inferred

Minews Story: March 10, 2010

Conroy Moves To A Scoping Study At Clontibret, As The Nearby Clay Lake Target Starts To Show Real Promise

“There was quite a buzz about”, says Professor Conroy, fresh of the plane from a successful PDAC. “Toronto”, he elaborates, “is very much the centre of the mining world”. Out there, he says, people make a point of commenting when