Minews Story: September 08, 2010

Metallum’s Imminent PLUS Listing Will Provide Funding For Drilling And A Platform For Growth

After flagging up plans for its PLUS listing towards the end of 2009, Metallum is now in a position to achieve its goal 12 months on, and to raise the money it needs to drill its prime sites. These prime sites, for those who

Minews Story: September 08, 2010

Rusal Looks To Follow McDonalds Into China, With The Issuance Of Yuan-Denominated Bonds

The promoters of United Company Rusal have kicked off a new marketing campaign the heavily indebted aluminium company run by Oleg Deripaska. Bloomberg disclosed this week that “Rusal is planning Russia’s first offering of bonds

Minews Story: September 08, 2010

Venture Minerals Makes Rapid Progress At Mount Lindsay, Just In Time For The Tightening In The Tin Market

It’s been a long time since tin could claim to be the world’s top base metal. Even so, over the past two years the tin price has outperformed its better-known base metal cousins, lead, copper, nickel and aluminium. The reason for

Minews Story: September 08, 2010

VANE Minerals Gets To Work On A Multitude Of Copper Porphyry Targets In The USA

VANE Minerals has always talked a good game about being an explorer funded by production, but until very recently the actual production delivered by the company had always looked pretty meagre. The producing asset in question,

Minews Story: September 07, 2010

Zaruma Now Has The Financial Backing To Get Luz Del Cobre Into Production, At A Rate Of 600 Tonnes Of Copper Cathode Per Month

Zaruma is back in business ... and not a moment too soon. Over the last couple of years it had a ghastly time at the hands of Glencore which was actually its partner in the Luz del Cobre copper project in Mexico when things

Minews Story: September 07, 2010

Horizonte Minerals Transforms Itself Into A Major Player On The Brazilian Nickel Laterite Scene

What a year it’s been for Horizonte Minerals. For much of the early part of 2010, Horizonte played its cards close to its chest. Sure, there was the ongoing Brazilian exploration joint venture with AngloGold to talk about. And

Minews Story: September 07, 2010

G4G Resources Cleans House To Focus On Opportunities In Iron Sands And Iron Ore

August was an eventful month for G4G Resources news-wise. It started out with a tidying-up exercise, when, on 6th August G4G revealed that it wouldn’t be proceeding with four previously announced joint ventures, or potential

Minews Story: September 06, 2010

Norseman Gold Looks Forward To Improved Production In 2011, As Two More Mines Come On Stream

The results that have just been announced by Norseman Gold for the year to end June 2010 may be disappointing, but they are certainly not disastrous. There was a 23.1 per cent fall in revenues to A$74.4million, a 95.1 per cent

Minews Story: September 06, 2010

Kirkland Lake Gold Plans To Take Production At The South Mine Complex Up To 200,000 Ounces Per Year By 2013

Old mines, says Richard Morgan of Mirabaud, are always a problem. Kirkland Lake demonstrated that last year, when a paste fill hole collapsed and production in the company’s high-grade South Mine Complex was severely curtailed.

Commodities: September 06, 2010

Discovery Costs Are Driving Metals Prices More Than Production Costs, As The Recent Flurry Of Corporate Activity Shows

You know something isn’t quite right in the world when investors are flocking to an asset that offers a negative return, even if it is only a small one. The asset in question is not gold, as some might suspect, but index linked

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