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Minesite News headlines October 06, 2008

Canadian News

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

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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

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

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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

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Minews Story: October 01, 2008

Is An Inscrutable Chinaman Playing High Stakes Poker With AXMIN And The Government Of The Central African Republic?

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: September 29, 2008

Africa Weekly: DRC Extends Mines Contracts Review, South African Politics In Chaos, And Gem Pulls A Big Stone Out of Letseng

It’s rare to have both of Africa’s number one and number two gold producing nations hogging the limelight at the same time. As last week opened, it was a tale of conflicting fortunes for both South Africa and Ghana, the

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Commodities: September 29, 2008

Small Cap Miners Down, Banks Down And Out: How Much Worse Can It Get?

Another week and a few more banks have collapsed or are about to. Bradford and Bingley has now joined Washington Mutual on the growing list of casualties. Gold has moved up a little, but in the face of this financial firestorm

Full story...
Minews Story: September 27, 2008

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent who appears to have survived another tumultuous trading week on the Canadian Markets.

CC. It is just plain ugly out there on the equity markets, as the latest US financial

Full story...
Minews Story: September 26, 2008

Acero-Martin’s Pinaya Project In Peru Will Be A Lot Bigger By Christmas

Stewart Jackson became president and chief executive of Canadian-listed Acero-Martin Exploration in April when the company was in a slight state of flux. Back then Don Currie was only acting as interim president, following the

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Minews Story: September 25, 2008

Lara Exploration Turns Its Back On London, But As The Operating Arm For Lundin In Brazil, It Can Probably Afford To

Miles Thompson, chief executive of Lara Exploration, has turned his back on London. After numerous trips and presentations he has had so little interest in his stock he has no plans to come back anytime soon. Fortunately for him

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Minews Story: September 24, 2008

Cameco, Plus A Convertible Debenture, Gives Aldershot Resources Room For Manouevre

Timing is everything in the exploration business, and this fact has certainly not been lost on Jeremy Caddy and his team at uranium explorer Aldershot Resources. Over the last two years shares in junior uranium explorers have

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Minews Story: September 23, 2008

Good Feasibility Study Results For Barytex: Next Step, DRC Contract Negotiations

As Alf Hills, chief executive of Canadian-listed International Barytex Resources points out, “At least if your share price jerks upwards in acknowledgement of a piece of positive information you know investors are keeping an eye

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Commodities: September 22, 2008

The USA’s Budget Defecit Is Now Close To That Of Italy, But Luckily The USA Isn’t The Force In Metals It Once Was

The bull case for investing in gold has always been emotional, rather than being founded in adamsmithian supply and demand. Proponents argued that at some point the house of cards that represented the US financial markets would

Full story...

Canadian Mining News

Minesite Bullion prices

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Successful Placing of Shares

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Ayanfuri Feasibility Update, Ghana, West Africa

Oct 06, 2008

Scorpio Mining Corporation

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

Oct 06, 2008

Gunson Resources Ltd

Coburn Zircon Project - Status of Chinese Negotiations

Oct 06, 2008

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Botswana Operations Update

Oct 06, 2008

Ormonde Mining Plc

High grade results from initial infill drilling of thick tungsten zone at Barruecopardo

Oct 06, 2008

London Mining Plc

Update on Proposed Return of Capital Structure

Oct 03, 2008

Atlas Iron Ltd

Pardoo Receives Environmental Approval

Oct 03, 2008

Resolute Mining Ltd

Trading Halt

Oct 03, 2008

Apex Minerals NL

Implementation of Gold Price Hedging Program

Oct 03, 2008

Cape Lambert Iron Ore Limited

A$100 Million Return of Capital and Unfranked Dividend

Oct 02, 2008

Belvedere Resources Limited

Belvedere dispatches first concentrate shipment to Jinchuan

Oct 02, 2008

Equinox Minerals Ltd

Secures new Debt Facility and insurer Fire Indemnity

Oct 02, 2008

Freegold Ventures Ltd

Freegold Core Drilling Extends Depth of Bulk Tonnage Mineralization at Golden Summit

Oct 02, 2008