News

Douglas Lake Minerals Set To Be The Conduit For Millions Of Dollars To Flow Into Tanzania From China

“At Christmas we came across this property in Tanzania, shown to us by a guy from Anglo - a burlap sluice operation producing 200 kilos of concentrate per month”. Thus begins the tale of the latest chapter of the Douglas Lake

Goldplat Expects To Add Gold Production From Mining To Its Production From By-Products Later This Year

Goldplat is already a stand-alone gold producer, but not in the conventional sense. The company recovers gold from waste by-products and equipment from mines and, at the same time, ensures the safe disposal of the residual

Molybdenum Is The Metal Proxy For Exposure To Oil And Gas, And Moly Mines Has Plenty At Spinifex Ridge

Sour gas has a sweet smell for Derek Fisher. Over the past three years, as he has been busy building a new Australian business based on mining the metal molybdenum, global demand for oil and gas, whether sweet or sour, has

Patagonia Gold Shifts Gears On Its Argentinian Gold Properties

Ever since Argentine-focussed Patagonia Gold found its projects in Chubut province effectively closed down by the regional government it has been struggling to re-invent itself. The company has interests in 45 properties in

Kiwara’s Copper And Uranium Exploration Activities Could Help Open Up An Underexplored Part Of Zambia’s Copperbelt

Kiwara’s purpose when it was set up was simple. According to chief executive and 16 per cent shareholder Peter Vivian-Neal, the idea was: “to look for an opportunity in southern Africa in base metals”. A couple of deals later,

Undeterred By Riots In Mongolia, Polo Resources Speeds Towards Production

What’s happening at Polo Resources? You might well ask, given the recent shenanigans revolving around the company’s 24.4 per cent stake in fellow coal miner Caledon Resources. And you might well ask, given the company’s 29.7 per

Platinum Group Metals Is Days Away From Publishing A BFS On Its First Project

June 30th was the deadline that Platinum Group Metals (PGM) gave for the delivery of its Bankable Feasibility Study on Project 1 on its Western Bushveld Joint Venture. The study has in fact been delivered to the company by the

Construction Is Imminent At Leyshon's Zheng Guang Project, And A Hong Kong Listing's Not Far Off Either

Leyshon Resources managing director Paul Atherley has confirmed the company is considering a Hong Kong listing to help fund development of the 70 per cent owned $US50 million Zheng Guang gold-zinc project in northern China and to

Lydian International Benefits From A First Mover Advantage In Kosovo and Armenia, But There Are Drawbacks Too

Lydian International is a courageous little company which listed in Toronto only seven months ago after it developed a first mover strategy in Kosovo and Armenia. Investors probably react in different ways to these two countries

The World Gold Council's New Japanese ETF Brings Additional Support To The Gold Price

The global popularity of Exchange Traded Funds (ETFs) was confirmed again this week as the World Gold Council, in conjunction with US investment giant State Street Corporation, launched the first Tokyo Stock Exchange gold ETF. In

With Just One Hiccup To Recover From, Crowflight Minerals Is Getting Set To Become Canada’s Next Nickel Producer

It’s been a long and winding road, but after years of perseverance Canadian-listed Crowflight Minerals is gearing up to make the transition from explorer to nickel producer thanks to developments its Bucko Lake project in

Sunkar Resources Rides The Phosphate Mining Wave, But Dips On Day One Of Trading

The flow of new companies to Aim may have flowed to a trickle, but it is at least a trickle, not a drought. But Canada has led the charge into phosphates on the back of an ever-rising price, just as it has with coal and Australia

Cleveland-Cliffs Denies It's Going To Make A Bid For Golden West, But Watch This Space

When the chairman of a football club says he has absolute confidence in the coach it’s fair bet that the coach ought to start reading the situations vacant column the next morning. Flip that around and consider what it means when

That Was The Week That Was … In London

It was a bad week for London’s miners as the surging oil price and worldwide equity market turmoil upset the applecart. The majors fared best, but were still in negative territory, with Anglo American (LSE: AAL) off one per cent

That Was The Week That Was … In Australia

Minews. Good morning Australia. How did your market perform in a pretty rough week?

Oz. Surprisingly well, compared with some other markets, thanks to the commodity-based nature of the Australian economy. Overall, the metals and

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.

CC. Well let’s see. In a nutshell, the gold producers were hot but everything else was not. Selling was the dominant theme

Sanatana Diamonds Is Either Stupidly Lucky Or On The Way To Opening Up Canada’s Next Diamond Region

Success, it is said, breeds success. And that aphorism seems to be holding true for Sanatana Diamonds. Peter Miles, chief executive, said several times in the course of a telephone conversation with Minews that to have got such a

Sooner Rather Than Later A Major Will Make A Bid For Gold Eagle Mines

History repeats itself. At least that’s the hope that that Canadian-listed Gold Eagle Mines throws out to itself and everyone interested in gold mining. The company’s main asset is on the Red Lake Trend which is the world’s

Zimbabwe’s Problems Bite Hard At Bindura, And The Worst Of All Is The Exodus Of Skills

A bus leaves Harare every day heading north-east for a final stop in Bindura town, 88 kilometers away. The bus’s passengers are all mineworkers who disembark at Bindura Nickel Corporation’s (BNC) Trojan mine, one of the

As It Re-Organizes Over The Summer, Western Warrior Hopes That With Work, Comes Reward

Early in 2008, Paul Nagerl was actively looking for a new company. After putting in more than twenty years assembling and managing mining portfolios in South and Central America and Scandinavia for Falconbridge and Blackstone