Minesite News Headlines March 17, 2010
Minews Story: March 16, 2010
Sometime in the future an academic will find the answer to one of life’s more curious questions: why do South Africans succeed at an individual level when they migrate to Australia, while South African companies generally fail?
Full story...
Minews Story: March 16, 2010
“Things are going well”, says Rambler’s George Ogilvie. It’s certainly hard to take issue with him. The copper price is firming up, the gold price remains as strong as ever, the company’s Ming mine in Canada is now just a year
Full story...
Minews Story: March 16, 2010
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
Full story...
Minews Story: March 16, 2010
With Indaba and PDAC now done and dusted it’d be fair to say that the mining year 2010 is now in full swing. And while it might perhaps be stretching the bounds of credibility to say that after those two great shindigs, the one
Full story...
Minews Story: March 15, 2010
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,
Full story...
Minews Story: March 15, 2010
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.
Full story...
Commodities: March 15, 2010
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
Full story...
Minews Story: March 13, 2010
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
Full story...
Minews Story: March 13, 2010
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
Full story...
Minews Story: March 13, 2010
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
Full story...
Minews Story: March 11, 2010
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
Full story...
Minews Story: March 11, 2010
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
Full story...
Minews Story: March 11, 2010
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
Full story...
Minews Story: March 11, 2010
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
Full story...
Minews Story: March 10, 2010
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
Full story...