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STOP PRESS:

Minesite News headlines July 04, 2009

UK & European News

Minews Story: July 02, 2009

A Radical New Plan For The Giant Sukhoi Log Gold Project In Russia Lands On The Desks Of Kremlin Power-Brokers

Russia’s resources tsar, Deputy Prime Minister Igor Sechin, is considering a new plan to award the mining right to Sukhoi Log, one of the largest un-mined gold deposits in the world, to a special-purpose company backed by Russian

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

Ariana Resources Proposes To Sell To The Public Pure Gold Bars Produced From Its Operations At Kiziltepe In Turkey

It will not be the first time that Minews has pointed out that it is the directors who use their brains that survive best when money is scarce. A good example is AIM listed Ariana Resources, where Kerim Sener, the Turkish

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

Diamondcorp Looks To The Longer Term Upside, As Short Term Production Targets Slip Away

The market wasn’t exactly thrilled by the most recent operational update from Diamondcorp, the Aim-traded junior that’s re-opening the old Lace kimberlite mine in South Africa. To say it was nonplussed would be an

Full story...
Minews Story: July 01, 2009

Altona Energy Now Has A Very Powerful Chinese Partner At The Arckaringa Coal-To-Liquids Project In South Australia

It has taken nearly a year for the Chinese company CNOOC–New Energy Investment to carry out due diligence on Aim-traded Altona Energy’s Arckaringa coal project in South Australia. Big and powerful companies tend to work slowly,

Full story...
Minews Story: July 01, 2009

With £26 Million To Invest, New Fund Altus Resource Capital Is Well Placed To Benefit From Any Further Recovery In Equity Markets

If ever there was an indication of the lack of any real correlation between the world of the smaller mining company and the broader UK economy - notwithstanding that many miners are listed in London - it came on Tuesday 30th

Full story...
Minews Story: July 01, 2009

Conroy Adds Zinc And More Gold To The Assembly Of Minerals Present On Its Extensive Irish Exploration Licences

Things are moving along fairly rapidly up at Conroy Diamonds & Gold’s Clay Lake gold exploration licence in County Armagh, or as rapidly as they ever do in mining and exploration, given that we're talking about a set of

Full story...
Minews Story: June 29, 2009

Onto The Backburner: Udokan, Russia’s Biggest Unmined Copper Project, Is Officially Allowed To Languish

The Udokan copper deposit, in southeastern Siberia, will not be mined any time soon, according to government and commercial mining sources in Moscow. For miners, who have been watching this particular copper pot pass from one

Full story...
Commodities: June 29, 2009

What The Fox And The Hedgehog Tell Us About Commodities: It’s All About Inventories

Trying to analyse current conditions in various financial markets isn’t easy, and commodities markets are no exception. The online and offline financial press is full of comments from gurus and experts with all manner of

Full story...
Minews Story: June 27, 2009

That Was The Week That Was ... In London

In London it was a sideways week for the mining sector as a whole. The FTSE 100 stocks were off by 0.7 per cent in spite of Xstrata's (LSE: XTA) proposal to merge with Anglo American (LSE AAL), whereas the smaller companies

Full story...
Minews Story: June 26, 2009

Opportunity Knocks For Connemara Mining As It Continues To Work Up Its Zinc Discovery In Limerick

Over the years John Teeling has acquired something of a reputation for spotting opportunities in situations that might not appear immediately beneficial. Thus he has business interests in Iraq, in Iran, in some of the less

Full story...
Minews Story: June 25, 2009

VANE Is Building Up Its Uranium Position In Arizona Just As The US Government Is Looking With Renewed Interest At Nuclear Power

VANE Minerals struck a deal this week to acquire rights over a further 16,100 acres of ground in an area of Arizona already identified by the company’s joint venture vehicle with Uranium One as being of strategic interest.

Full story...
Minews Story: June 25, 2009

Patagonia Gold Could Be On Track To Repeat The Success Of Brancote Holdings, As It Works Up Its Esquel Project In Argentina

When, in very difficult times, a company carries out a placing and directors take up most of the stock it is clear to all and sundry that they know they have an asset which is totally undervalued and which they want to retain

Full story...
Minews Story: June 24, 2009

Persian Gold Reviews Its Options As It Waits For The Bureaucratic Wheels To Turn In Iran

“Persian Gold is very active”, says company chairman John Teeling. But you wouldn’t know it from a quick glance at the company’s roster of press releases for the year, though. Persian’s only communicated with the market four

Full story...
Minews Story: June 24, 2009

High River Gold Shareholders Combine To Reject Severstal’s Buyout Offer As Too Low

The buyout offer for minority shareholdings in Toronto-listed High River Gold (HRG:TSX) now looks double-doomed. A combination of minority shareholders has now formed that is numerically strong enough to prevent the Russian

Full story...
Minews Story: June 24, 2009

Oxus Gold Is Fairly Confident That It Can Raise The Money To Put Its Underground Sulphide Mine In Uzbekistan Into Production

Richard Shead and Oxus Gold parted company for several years during the middle of this current decade, while former chief Bill Trew ran riot with the company. The ups and downs of Oxus during that time have been well chronicled

Full story...

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Completes Phase 2 of Tongan Exploration Program and Issues Options

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Proposed Acquisition of Braemore Resources Plc

Jul 03, 2009

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Braemore Resources PLC - Offer by Jubilee Platinum PLC

Jul 03, 2009

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Holding in company

Jul 03, 2009

Medusa Mining Limited

Medusa added to S&P/ASX 200 Index

Jul 03, 2009

Rusina Mining N.L

Nickel Update

Jul 03, 2009

Gindalbie Metals Ltd

George Jones Steps Down as Chairman

Jul 03, 2009

Centamin Egypt Limited

PRIVATE PLACEMENT FOR GROSS PROCEEDS OF C$29,640,000

Jul 02, 2009

ATW Gold Corp,

Batavia Elects To Take 4 Million Shares In Lieu Of Cash Payment

Jul 02, 2009

Geologix Explorations Inc.

Geologix Appoints New VP Corporate Development

Jul 02, 2009

KIWARA PLC

Further Re IFC Equity Subscription

Jul 02, 2009

HILLGROVE RESOURCES LIMITED

Santos increases strategic CSG position in Gunnedah Basin

Jul 02, 2009

TERRITORY RESOURCES LIMITED

Extension to Standstill Arrangement with Financiers

Jul 02, 2009

Kalahari Minerals plc

Rossing South Update - Resource and Grade increase at Rossing South Zone 1

Jul 02, 2009

KALAHARI MINERALS PLC

BRIEF-Kalahari Minerals says Rossing South zone 1 resource up 34 pct

Jul 02, 2009

ANGUS & ROSS PLC

Unconditional acquisition of the assets of Nalunaq gold mine in Greenland and related loan arrangement

Jul 01, 2009

European Nickel PLC

Posting of Unaudited Interim Results

Jul 01, 2009

Caledonia Mining Corporation

Mitsubishi Corporation Withdraws From Proposed Participation in the Rooipoort and Mapochsgronde Platinum Projects in South Africa

Jul 01, 2009

Medusa Mining Limited

Co-O MINE RESOURCES NOW 1.38 MILLION OZS

Jul 01, 2009

Lithic Metals and Energy Limited

Results of Special General Meeting

Jul 01, 2009