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STOP PRESS:

Minesite News headlines May 09, 2008

Minews Story: May 08, 2008

Goldsource Mines Sparks Saskatchewan Coal Frenzy

It’s all a bit reminiscent of Diamond Field Resources’ discovery of the giant Voisey Bay nickel deposit in Labrador back in the 1990s, when the original target was diamonds. This time round, tiny Canadian-listed Goldsource Mines

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

After A Turbulent Ramp Up, Noventa Is On The Way To Becoming The Lowest Cost Tantalum Producer In The World

Zambezia province, up in north eastern Mozambique, is true tantalum country. The artisans and small operators who work the ground there do quite nicely, and now some bigger companies are getting in on the act too. “This year we

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

Orko Silver Could Be Onto A Company-Maker At La Preciosa

When we wrote about Canadian-listed Orko Silver towards the end of last year the suggestion was that the company was aiming to boost its resource estimate at its La Preciosa project in Mexico to 100 million ounces of silver, but

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

Toledo Mining Starts To Get Serious About Downstream Nickel Production

According to George Bujtor, chief executive of Toledo Mining, there’s six million tonnes of nickel laterite ore sitting in ports in China. That may be one reason why the nickel price has come off last year’s highs to the point

Full story...
Minews Story: May 07, 2008

Tamaya Re-Writes The Rule Book With A Money-Saving Move To London

Not many mining companies move to London to save money. But that’s just what Tamaya Resources is doing as it juggles the challenges of developing a global spread of mining interests off a small financial base. Technically, Tamaya

Full story...
Minews Story: May 07, 2008

Lithic’s Zambian Uranium Properties Begin To Shape Up, With An Additional Wildcard Or Two From Togo Thrown In

How many people do you know walking around town with a Thermo Scientific Radeye Pro Personal Radiation Detector in their pocket? Here at Minesite we can name at least one: Jim Kerr, managing director of Lithic Metals & Energy.

Full story...
Minews Story: May 07, 2008

Coal Is The New Black Gold For Kalimantan Gold

Kalimantan Gold has just signed a contract to explore for coal in Indonesia. Given that the name of the company suggests it’s looking for gold and not coal, Minews wondered if the company might be changing its name. Chief

Full story...
Minews Story: May 07, 2008

Watermark Global Intends to Clean Up South Africa’s Acid Mine Drainage At A Profit

Acid mine drainage is a sulphuric acid solution generated when exposed ore comes into contact with water and air. It’s long been a problem for mines and for mining companies, as it also contains heavy metals. This very unpleasant

Full story...
Minews Story: May 06, 2008

Brazil’s Bahia State Opens Up To Iron Ore, And For London-Listed ENRC The Quick And Dirty Numbers Stack Up Nicely

Kazakhstan-based ferrochrome and iron ore producer Eurasian Natural Resources Corporation (ENRC) is certainly putting down a marker with its US$300 million acquisition of a 50 per cent stake in Brazilian iron ore project company

Full story...
Minews Story: May 06, 2008

Magellan Minerals Has Embarked On An Exciting Voyage Of Discovery Down In Para State, Brazil

Having taken service in the rival Spanish crown, Ferdinand Magellan, who was Portuguese himself, actually spent a great deal of time avoiding Portuguese territory. Thus it was that on his great circumnavigation of the world in

Full story...
Minews Story: May 06, 2008

One Highly Mineralised Drill Sample Has Changed Everything For Belmore Resources

In this business one drill hole can change everything. For Belmore Resources, a company that has to date existed more on paper than in the physical world, hitting a high grade zinc-lead intersection on its Kilbricken property in

Full story...
Minews Story: May 06, 2008

Commodity Watch Radio Interviews Ralph Shearing of Soho Resources

Ralph Shearing of Soho Resources (CA:SOH) tells us about his latest drill results and the strategy of Soho as they move forward.

Full story...
Minews Story: May 06, 2008

Delays At Sukari Unlikely To Put Off The Majors Eyeing Centamin Egypt

A mere shortage of concrete has pushed back first production from Centamin’s giant Sukari gold mine in Egypt. The three month delay is nothing to worry about, according to the company’s house broker, Ambrian. “These small delays

Full story...
Commodities: May 05, 2008

The Nickel Market May Be Tightening, But Copper Stands Out As The Only Metal In Positive Territory

When the market has priced in all the bad news it can, any bit of good news can have a surprisingly large impact. On Friday US statisticians told us that US payroll numbers had fallen by 20,000. Not good news you might think.

Full story...
Minews Story: May 04, 2008

That Was The Week That Was … In London

The mining sector managed to have a mildly positive week, despite copper coming off the boil slightly and gold being forced into retreat by US dollar strength.

Full story...

Minesite Bullion prices

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Press Releases

PATAGONIA GOLD PLC

PATAGONIA GOLD FORMS A STRATEGIC PARTNERSHIP WITH FOMICRUZ S.E. FOR THE DEVELOPMENT OF PROPERTIES IN SANTA CRUZ, ARGENTINA

May 09, 2008

Glencar Mining plc

Solona Exploration Drilling Update

May 09, 2008

Murchison United N.L

Uranium Drilling to Commence in Guinea, West Africa

May 09, 2008

Albidon Limited

PRE-FEASIBILITY STUDY COMPLETED FOR CHIRUNDU URANIUM PROJECT, ZAMBIA

May 09, 2008

Zambezi Resources Limited

Large VTEM Anomaly Defined at Kangaluwi Copper Project

May 09, 2008

Mediterranean Resources Ltd.

Mediterranean Commences 2008 Drilling Campaign In Turkey

May 08, 2008

Soho Resources Corp

Soho Resources Corp. Reports More Positive Drill Results From Several Zones at Tahuehueto

May 08, 2008

Rusoro Mining Ltd.

Rusoro Awards Scoping and Feasibilty Studies for Choco 10 to Micon International Ltd.

May 08, 2008

Nordic Diamonds Ltd.

Exploration Program Update

May 08, 2008

Vaaldiam Resources Ltd.

KATYA MASUN APPOINTED SENIOR RESOURCE GEOLOGIST

May 08, 2008

CROWFLIGHT MINERALS INC.

Crowflight Provides Bucko Lake Nickel Project Update

May 08, 2008

European Goldfields Limited

Q1 2008 RESULTS CONFERENCE CALL & WEBCAST

May 08, 2008

Mediterranean Resources Ltd.

Mediterranean Commences 2008 Drilling Campaign In Turkey

May 08, 2008

River Diamonds PLC

Commencement of Roaster at the Vatukoula Gold Mine in Fiji Further Open Pit Resource Identified

May 08, 2008

Albidon limited

Upgrade of Uranium Resources

May 08, 2008

Sunrise Diamonds PLC

AGREEMENT SIGNED WITH MANTLE DIAMONDS TO EVALUATE KIMBERLITE TARGETS CLOSE TO LAHTOJOKI PIPE

May 08, 2008

Aricom plc

Interim Management Statement

May 08, 2008

Uruguay Mineral Exploration Inc

UME Purchases Its Own Shares

May 08, 2008

AIM Resources Ltd

Mumbwa Exploration Drilling Update

May 08, 2008

GIRALIA RESOURCES NL

McPhee Creek iron ore deposit - CID discovery confirmed

May 08, 2008