Minesite News headlines October 06, 2008
Features: October 06, 2008
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
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Minews Story: October 06, 2008
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
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Minews Story: October 06, 2008
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
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Minews Story: October 06, 2008
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
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Minews Story: October 06, 2008
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
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Minews Story: October 05, 2008
Minews. Good morning Australia. Should we ignore the market and talk about sport today?
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Minews Story: October 05, 2008
Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed this past week.
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Minews Story: October 02, 2008
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
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Minews Story: October 02, 2008
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
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Minews Story: October 02, 2008
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
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Minews Story: October 01, 2008
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
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Minews Story: October 01, 2008
Frustrating is not a word strong enough to express feelings at Canadian-listed AXMIN after an announcement was issued on local radio in the Central African Republic (CAR) that a decree had been issued which appeared to amend
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Minews Story: October 01, 2008
“The value that we humans place in gold in difficult times will never be replaced”. So says Demetri Manolis, chief executive of Goldplat, the African-focussed company that backs its exploration and development projects with a
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Minews Story: September 30, 2008
There’s nothing new about Focus Minerals, and in a market shell-shocked by the antics of 20-something rocket scientists trying (and failing) to run investment funds, that’s actually a compliment. The mines, and the management, at
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Minews Story: September 30, 2008
“Confidence is even more precious than gold”, Wen Jiabao, the Chinese premier told a conference of World Economic Forum bigwigs this week, referring to the crazy events still unfolding in world markets. Confidence is of course
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