Minesite News headlines October 06, 2008
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 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
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
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
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
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
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Minews Story: September 27, 2008
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
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Minews Story: September 26, 2008
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
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
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
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 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
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