Minews Story: September 06, 2008
Minews. Good morning Australia. What a horrid week!
Oz. You can say that again. After holding up strongly for the past few months, this was the week when the mining sector gave way to heavy selling, pretty much across the board.
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Minews Story: September 06, 2008
Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.
CC. It was a downright ugly holiday-shortened trading week as investors elected to start off the trading month of
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Minews Story: September 05, 2008
Dreary as they can be, there is a universal method for measuring the success, or otherwise, of mining conferences. It’s simple: how did the after-party go. On that score, it’s pleasing to report that new-found African and
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Minews Story: September 04, 2008
India’s new liberalisation, and the consequent rise in economic growth rates, has attracted the interest of many foreign companies from many sectors. The mining sector hasn’t been left out, but it’s only the really big boys who
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Minews Story: September 04, 2008
As a demonstration of how the world has really changed in the three decades since the last major commodities boom, the story of the Prairie Creek property owned by Canadian Zinc works pretty well. This property sits in the
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Minews Story: September 04, 2008
As its name might suggest, Wildhorse Energy has little time for the navel gazing of Australian politicians over their uranium policy, and has instead gone seeking highly prospective uranium projects elsewhere in the world. Wisely
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Minews Story: September 04, 2008
The Queen couldn’t make it but the King did. The absence of Her Majesty at this year’s seriously curious “Africa Downunder” conference, which kicked off in Perth today, was probably a result of someone forgetting to send an
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Minews Story: September 03, 2008
In theory, Australia and Africa have nothing in common. They are, literally, an ocean apart. But, two events this week disprove the theory. First is the prospect of 1,000 delegates attending the world’s second biggest African
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Minews Story: September 03, 2008
The Duluth Complex in northeastern Minnesota has long been known to host extensive resources of copper, nickel and platinum and its associated metals, but the cost of extracting them has in the past proved prohibitive. This is
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Minews Story: September 03, 2008
Mine closures and scaled down operations just about sum up the mining situation in Zimbabwe. Add in late payments for gold deliveries from the country’s central bank and shortages of foreign currency, and it all adds up to one
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Minews Story: September 03, 2008
Not a lot has been heard from Cambridge Minerals of late, but Colin Andrew, the managing director who returned from Colombia over the weekend, assures Minews that things are going to plan and that the Quintana mine should be in
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Minews Story: September 02, 2008
International mining companies have had it pretty bad in Zimbabwe. It really is a nightmare sustaining operations here, let alone undertaking expansion or exploratory activities. Ask any mining company executive and he will tell
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Minews Story: September 02, 2008
It is not often you come across the perfect junior resource stock. And Minews is not saying Medusa Mining is it, but it certainly ticks a lot of the right boxes. It has a large position in a highly geologically prospective area,
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Minews Story: September 02, 2008
No doubt about it, Giralia Resources is one of the most fascinating companies operating in Australia. Not only does it have five wholly owned iron ore projects, three of which are high grade hematite and close to infrastructure,
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Minews Story: September 01, 2008
After a tricky start in life Azumah Resources has settled down into becoming a rather nice little understated gold explorer in Ghana. Executive chairman Stephen Stone gave a quick recap to Minews of how the company’s first two
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Minews Story: September 01, 2008
It’s not often that investors thank a government for blocking the early development of a mine. Shareholders in the Australian zircon company, Gunson Resources, might soon be doing that because delays at the Coburn project could
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Minews Story: September 01, 2008
An early morning flight takes us north to Maun, gateway to Botswana’s fabled Okavango Delta, where Brad Sampson, managing director of Discovery Metals, is waiting with a fleet of four-wheel drive vehicles to transfer our group of
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Minews Story: August 31, 2008
This week London again put in a varied performance, with some big moves in both directions, partly as a consequence of a quiet end-of-August market and the associated thin trading volumes. The majors all gained slightly, with the
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Minews Story: August 31, 2008
Minews. Good morning Australia. It looks like it was a better week among your mining stocks last week.
Oz. It was, thank you. The metals and mining index was up a comfortable three per cent, which was actually slightly less than
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Minews Story: August 30, 2008
Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.
CC. The last few trading days of August actually saw some buying in the much beleaguered exploration sector, enough to
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