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STOP PRESS:

Minesite News headlines January 08, 2009

UK & European News

Features: January 07, 2009

Simply Waiting Drinking Tea With Honey: Oleg Mitvol, The Sometime Notorious Russian Mining Regulator, Prepares For Battle With His Own Ministry

Oleg Mitvol, Russia's well-known mining regulator and gadfly to Aim-traded stock values, has filed a half-dozen lawsuits in Moscow, challenging the terms of his removal from his functions. And he appears to have Deputy Prime

Full story...
Minews Story: January 07, 2009

Triple Plate Junction Does A Good Deal With Newmont in PNG, But The Zambian Venture Looks A Loser

Aim-traded Triple Plate Junction is one of those odd companies that manages to survive in the nether world below the radar screens of investors. It does not appear deliberately to avoid comment and contact, but that is what it

Full story...
Minews Story: January 07, 2009

Minera IRL Is Riding High After A Stellar Performance In 2008, And Is Now On The Hunt For Deals

Far be it from Minesite to spread gratuitous compliments around the place, but when we ran into Courtney Chamberlain a little while ago, we felt compelled to mention that his company, Minera IRL, was recently referred to by a

Full story...
Minews Story: January 07, 2009

Chromex Keeps Its Head Above Water With New Plans For The Stellite Chromite Mine

What’s it like in the chrome business at the moment? Anyone who’s followed the ups and downs of International Ferro Metals (IFM) over the last couple of years will by now have some idea that all is not currently rosy. John Meyer

Full story...
Minews Story: January 06, 2009

Weatherley International Transforms Its Potential With A Series Of Deals In The Last Days Of 2008

During the last few days of each year Minews keeps a sharp eye out to see if any companies land a bit of bad news on the market in the hope that no one will notice. This year Weatherley International came out with a press release

Full story...
Minews Story: January 06, 2009

Vatukoula Gold Mines Marches On Towards Profitability In Fiji, With One Eye On Working Capital

Why did Dave Paxton leave a perfectly good job at Hichens Harrison to join a company that’s currently rehabiliating an ageing Fijian gold mine? One reason among many might be the 50 million options at 2p per share that he was

Full story...
Commodities: January 05, 2009

Commodities Outlook For 2009: The Developing World Is Still In Growth Mode, Just

If we learnt one thing from 2008 it was that making forecasts is a mug’s game. Even the most bearish bears did not predict the mayhem that infected the financial markets in 2008 and clobbered the base metals in the process. On

Full story...
Minews Story: January 03, 2009

Only Five Risers Overall, And Most Of The Rest Lost A Lot: That Was The Year That Was ... In London

2008 was an extraordinary year in London’s stock market for a whole host of reasons, but possibly the overwhelming impression the year left us with was the speed and intensity with which the global economy went from boom to bust.

Full story...
Minews Story: January 02, 2009

Directors Of Junior Mining Companies Have To Improve Communications In Current Conditions: Not Hide

When Marc Bolland took over as chief executive of Morrisons Supermarkets last year he had a couple of handicaps. First he had no experience of retailing to offer, and second he was a Dutchman. Not easy when running what had

Full story...
Minews Story: January 02, 2009

2008 Marked The End Of The Commodity Boom, But Modest Rebound Predicted in 2009

The past year was a very nasty one for investors in general and resource players in particular. The Canadian Markets however started 2008 off in fine form with many commodity prices hitting historic highs but an abrupt drop in

Full story...
Minews Story: December 31, 2008

Zeehan Zinc Now Controlled By Chinese Who Have Switched Metal Target

A little bit of good news to end off 2008 … and we certainly all need some. AIM listd Zeehan Zinc has received the sum of just over £3 million from the Chinese company Creat Group, in accordance with a share subscription agreed

Full story...
Minews Story: December 31, 2008

West Wits Moves To Within Sight Of First Gold Production

No-one ever doubted that West Wits Mining would find plenty of gold on its tenements near South Africa’s gold capital, Johannesburg. What is interesting is the speed at which the Australian-listed explorer is getting through its

Full story...
Minews Story: December 30, 2008

Leaders And Laggards Table Enables Investors To Monitor The Actions of Fund Managers

It is very difficult to get in at the bottom of any market. The reasons are largely psychological as the wounds are still fresh from money lost in other investments and the old adage, “don’t throw good money after bad” comes to

Full story...
Minews Story: December 30, 2008

De Beers Threatens To Abandon Russian Diamond Mining

A 21-day ultimatum has been issued to the Russian government to put up the Grib pipe in Arkhangelsk for development by a joint venture between De Beers and LUKoil; or else De Beers will walk out of Russian diamond mining for

Full story...
Minews Story: December 29, 2008

What a Year!!!!

The year 2008 will be remembered for many things. Even though it included some of the wildest gyration in base metal prices it is more likely that the year will be stand out for the collapse of the investment banking business

Full story...

Minesite Bullion prices

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Removal of Levy and Exemptions Grant

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Orko Silver Provides 2008 Year End Summary

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Atlas intersects high grade at Pardoo DSO Project

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Off-take Agreement

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TSX Delisting Review - Katanga Mining Limited (KAT, KAT.NT, KAT.WT)

Jan 06, 2009

Genco Resources Ltd

Genco Announces Second Lawsuit Over Andover Default on Chief Share Purchase

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Directorate change

Jan 06, 2009

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Price Monitoring Extension

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