Minews Story: March 17, 2010

Manhattan Corporation Is On The Hunt For Uranium Deals, In Australia, And In The World At Large

Manhattan Corporation has two key items on its agenda for the remainder of the year: to expand the resource base on its existing uranium projects, and, separately, to acquire a new, advanced uranium operation. Drilling on

Minews Story: March 17, 2010

Kootenay Gold Joins Forces With Alberta Star in The Battle For Control Of The Sunshine Mine, One Of The World’s Largest Producers Of Silver

In his round-up on events in the Canadian mining sector last week, our Canadian Correspondent mentioned that Kootenay Gold had elected to team up with Alberta Star Development to jointly bid for bankrupt Sterling Mining, the

Minews Story: March 17, 2010

West Africa Elbows Its Way Into The Spotlight At The Paydirt 2010 Australian Gold Conference

Being a prophet in your own country has always been a bit of a burden, a fact that was first mentioned in The Bible, and which has been illustrated most recently by the swathe of Australian gold miners trying to convince

Minews Story: March 17, 2010

The Balance Of Avocet Mining’s Business Is Gradually Tipping Westwards

In a way, Avocet’s latest set of financial results, for the nine months to 31st December 2009, represent the final set of accounts to come out of the old Avocet, as it was before it took on a whole new venture in a whole new part

Minews Story: March 16, 2010

It’s Been Slow Going For Independence At Tropicana Recently, But Get Ready For A Boost Later In The Year

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?

Minews Story: March 16, 2010

Rambler Is Now Just A Year Away From First Production At Its Ming Copper-Gold Project In Newfoundland And Labrador

“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

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 16, 2010

The Presenters At Our March Minesite Forum Played To A Packed House, As London's Investors Continue To Seek Out New Opportunities

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

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