Minesite News headlines December 04, 2008
Minews Story: December 03, 2008
By late afternoon on the second day of the Mines and Money conference the crowds had worn a little thin. Paradoxically many of the conference’s more pessimistic delegates stuck around till the end, just so they could watch the
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Minews Story: December 03, 2008
In Chicago, the board of trade has its VIX index to measure volatility - or fear - in the market. In Australia, they’ve invented the “washing machine index” to measure stock market instability. Well, no, actually they haven’t.
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Minews Story: December 02, 2008
They came, they saw, and they had mixed opinions. Day one of this year’s Mines and Money conference met with a mixed reception from delegates. Some, having arrived in the expectation of a fairer hearing here than they were
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Minews Story: December 02, 2008
It takes a brave man to fly in the face of all the whimpering and pessimism that’s doing the rounds in the junior mining sector. But one way of doing it is to spend up to C$3.5 million on buying back your own company’s shares on
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Minews Story: December 02, 2008
Explorers with only one project to their name are always vulnerable to bad news about the one or two commodities that the specific deposit contains. When the market turns sour it doesn’t matter how good the drill results are, all
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Minews Story: December 01, 2008
In the midst of all this gloom there are some bright spots to be found. One such is Lappland Goldminers, a company listed in Norway but based in the northernmost provinces of Sweden and Finland, whence Father Christmas travels
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Minews Story: December 01, 2008
Last week Rusina Mining broke a fairly lengthy silence by releasing an announcement on progress at its Acoje nickel project in the Philippines. Rusina, to be fair, has had plenty of reason to keep quiet, given that the
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Commodities: December 01, 2008
Somebody somewhere will like as not be keeping a detailed record of all the production cutbacks that have been announced. In fact there will probably be lots of analysts tracking that data. But whether all the announcements will
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Features: December 01, 2008
This week Dominc Frisby talks to Irwin Olian of Sacre Coeur Minerals (CA:SCM). Irwin discusses his company, its prospects, and also takes a wider look at the economic outlook.
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Minews Story: December 01, 2008
It was announced on December 1st that Rivington Street Holdings (RSH) is buying Oilbarrel.com. RSH is a media group chaired by Malcolm Burne, the fund manager and director of a number of resources companies in Canada, Australia
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Minews Story: November 30, 2008
The week saw a massive, and positive, change in London’s enthusiasm for the mining sector, at least at the eyes of the major investing institutions, which contributed to an overall rise of nearly 22 per cent in the UK-quoted
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Minews Story: November 29, 2008
Minews. Good morning Australia. It looks like your market staged a strong recovery over the past week.
Oz. It does, though it depends on where you started counting. If restricted to last week only, then it was the boom returned
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Minews Story: November 29, 2008
Minews. Now over to our Canadian Correspondent for a look at how the Canadian markets performed over the past week.
CC. Overall, it was a not bad finish to a terrible month. This November saw Canada’s major bourse drop some 10
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Features: November 28, 2008
So the BHP Billiton offer to acquire Rio Tinto has at last been aborted, but not before costing BHP Billiton the sum of US$450 million. It would be a fair guess to say that Rio Tinto had to spend a slightly smaller sum, say
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Minews Story: November 27, 2008
Back in June, Lero Gold acquired European Minerals through a reverse deal. This was regarded by the experts as having saved European Minerals, as it had encountered problem after problem bringing its Varvarinskoye gold-copper
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