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STOP PRESS:

Minesite News headlines October 07, 2008

Minews Story: October 07, 2008

Serabi Counts The Cost of Defeat, As Potential Buyers For The Palito Mine Mull Their Options

You’ve got to hand it to the management of Serabi Mining: they’re not hunkering down in bomb shelters while an irate City rains down heavy ordinance upon their heads. On the contrary, following the company’s disastrous news that

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

Sunkar Resources Has The Right Deposit In The Right Place For Shrewd Bottom Fishers

The sheer brutality of a bear market is writ large in the performance of Sunkar Resources which raised £36 million in June prior to listing on AIM. The price paid then was 120p per share: now the shares cost 24p. And nothing

Full story...
Features: October 07, 2008

A Kleptocracy Oiled With Sweeteners At Every Turn: No Wonder There’s Cynicism Everywhere In The DRC About The Ongoing Mining Review Process

Over dinner in an excellent Chinese restaurant in Kinshasa – the Chinese have brought more here than railways – discussion of the recent announcement of an imminent end to the government’s review of the DRC’s mining contracts

Full story...
Features: October 07, 2008

Gold – Safe Haven Or Bull Trap

I am genuinely proud of the fact that when I was Chairman of the Association of Mining Analysts we held two gold seminars at which the much reviled Gold Anti Trust Action Committee (GATA) spoke. What they said about the gold

Full story...
Features: October 06, 2008

Gross Opportunism Will Rule The Day, As Miners Start To Run Out Of Cash

One way or another it looks likely that we’re going to be hearing the phrases “highly opportunistic” and “grossly undervalued” a fair amount over the next twelve months or so. There are hundreds of companies out there sitting on

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

Africa Weekly: Hwange Hit By Constraints, Zambia Rides The Crest Of A Wave, DRC To Restrict Tin Exports, While African Eagle Prioritises Exploration In Tanzania

On the global scene, platinum prices slithered down to a 33-month low amidst fears over plummeting demand from car manufacturers. The greenback also gained as it rose to a one-year high against the euro, yet gold traded steady on

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

Now It’s Starting To Hurt

Metal prices were pretty much ok until Friday of last week when there seems to have been a bit of reality check. A US$305 a tonne fall in the price of copper that day took it down to US$5,882. Considering it had been US$6,900 a

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

Solid Energy Has Coal In Abundance Down In New Zealand, And A Growing Renewables Portfolio Too

One of New Zealand's leading high-quality coal producers is on track to become one of the country's major producers of renewable energy when two major green energy projects come online next year. Solid Energy’s seven coal mines

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

That Was The Week That Was…In London

There was absolutely no let up in the ferocity of the bear market this week, with metal prices also under severe pressure. The majors predictably had a tough time of things. Anglo American (LSE: AAL) was down 10 per cent to 1781p

Full story...
Minews Story: October 05, 2008

That Was The Week That Was … In Australia

Minews. Good morning Australia. Should we ignore the market and talk about sport today?

Full story...
Minews Story: October 05, 2008

That Was The Week That Was … In Canada

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

Full story...
Minews Story: October 02, 2008

Churchill Mining Joins The Billion Tonne Club On East Kutai In Indonesia

Coal mining is all about big numbers. Unlike gold mining you can’t start small and work your way up because consumers want to have a reliable, large tonnage feed for many years. In contrast to gold, of course, there is not a

Full story...
Minews Story: October 02, 2008

Capstone Mining And Sherwood Copper Merge To Fill The Mid-Tier Producer Void

In the mining game “bigger is almost always better”, and this fact has not been lost on Canadian-listed Capstone Mining as it looks to tie the knot with fellow copper producer Sherwood Copper. The proposed nuptials would create a

Full story...
Minews Story: October 02, 2008

Minera Andes Poised For Expansion Off A Very Solid Base

Take a look at the share price chart of Minera Andes and you will see a hockey stick shape at the end. In other words there was some news in August September-time good enough to move the price upward even in these dire times. A

Full story...
Minews Story: October 01, 2008

Toledo Mining Is Well Positioned To Ride Out The Storms In The Market, Even With Nickel At Under $16,000 Per Tonne

George Bujtor’s always ready with a smile. You might not think that the chief executive of a company that started out life as a direct shipping nickel operation would have much to smile about at the moment, as nickel sinks ever

Full story...

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Release of Shares from Voluntary Escrow

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Potential For Rock Phosphate Projects Near Lady Annie

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Positive Results from the Berong Heap Leach Concept Study

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Helio Resource Corp. - SMP Gold Project, Tanzania

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Chairman's statement at 2008 AGM

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South Africa Gold Recovery Operations BEE Compliant

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DJ Carmichael: Mining at Pardoo only days away

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Successful Placing of Shares

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Relationship agreement update regarding major shareholder

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Voluntary Suspension Request

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Mintails Secures ZAR100m Funding From DRDGold

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High-grade Massive Sulphide Intersection Confirms Carnilya Hill Upside

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El Nino Ventures Inc

El Nino Ventures Inc. makes significant Copper/Cobalt discovery (29 meters at 2.82% Cu and 0.34% Co) in the Democratic Republic of Congo

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Perseus Mining Ltd

Ayanfuri Feasibility Update, Ghana, West Africa

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Scorpio Mining Corporation

Scorpio Continues to Increase Lead-Zinc Concentrate Production at Nuestra Senora Project, Mexico

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Gunson Resources Ltd

Coburn Zircon Project - Status of Chinese Negotiations

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