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If anyone ever needed a demonstration that London likes its blue sky exploration backed by cash flow, the news that BHPBilliton has pulled the plug on its involvement in Petra Diamonds’ huge Alto Cuilo diamond prospect in Angola
Full story...In 2007 the silver price surged to highs not seen since the Hunt brothers from Texas tried to corner the market back in 1981. From a low of US$4.028 per ounce in November 2001, silver has been on a steady upward trend. It's
Full story...Two problems hit Norseman Gold over the last twelve months, according to Barry Cahill, the company’s chief executive. The first was that the company’s Harlequin mine suffered dwindling output because it was run by a poor manager.
Full story...A report from financial services giant Ernst & Young released on 12th May, states that most of the world’s large mining companies expect to grow through acquisition over the next two years. Ernst & Young’s review of 2007 showed
Full story...After a long period of decline it now looks as if the dollar may have bottomed out, though few observers actually seem to be bullish on the US currency. Having got as low as $US1.60 to the euro, the dollar is now worth US$1.54,
Full story...It was a busy week for the mining sector in London. There were two significant new listings and widespread strength in share prices. The coal sector in particular was in favour. Among the majors, Rio Tinto (LSE: RIO), and BHP
Full story...Zambezia province, up in north eastern Mozambique, is true tantalum country. The artisans and small operators who work the ground there do quite nicely, and now some bigger companies are getting in on the act too. “This year we
Full story...According to George Bujtor, chief executive of Toledo Mining, there’s six million tonnes of nickel laterite ore sitting in ports in China. That may be one reason why the nickel price has come off last year’s highs to the point
Full story...How many people do you know walking around town with a Thermo Scientific Radeye Pro Personal Radiation Detector in their pocket? Here at Minesite we can name at least one: Jim Kerr, managing director of Lithic Metals & Energy.
Full story...Acid mine drainage is a sulphuric acid solution generated when exposed ore comes into contact with water and air. It’s long been a problem for mines and for mining companies, as it also contains heavy metals. This very unpleasant
Full story...Kazakhstan-based ferrochrome and iron ore producer Eurasian Natural Resources Corporation (ENRC) is certainly putting down a marker with its US$300 million acquisition of a 50 per cent stake in Brazilian iron ore project company
Full story...In this business one drill hole can change everything. For Belmore Resources, a company that has to date existed more on paper than in the physical world, hitting a high grade zinc-lead intersection on its Kilbricken property in
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Ralph Shearing of Soho Resources (CA:SOH) tells us about his latest drill results and the strategy of Soho as they move forward.
Full story...A mere shortage of concrete has pushed back first production from Centamin’s giant Sukari gold mine in Egypt. The three month delay is nothing to worry about, according to the company’s house broker, Ambrian. “These small delays
Full story...When the market has priced in all the bad news it can, any bit of good news can have a surprisingly large impact. On Friday US statisticians told us that US payroll numbers had fallen by 20,000. Not good news you might think.
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Silver Standard Announces the Appointment of Peter Tomsett as Chairman of the Board of Directors
Caledonia Mining Announces it’s First Quarter 2008 Results
MORE MANTLE NODULE-BEARING KIMBERLITE FOR KARELIAN IN LATEST DRILLING AT SEITAPERA
GEODEX APPOINTS TWO NEW DIRECTORS TO ITS BOARD AND PROVIDES SISSON BROOK PROGRESS UPDATE
Silver Standard Increases Pirquitas Silver Reserves by 43%
Rambler Reports Latest Drill Results at the Ming Mine Drills 5.10 metres of 3.68 g/T Gold and 15.77% Copper
Strongbow Announces $3.3 Million Flow Through Private Placement
Northern Lion reports update on the drilling program in Portugal - Enfermarias Drilling confirms Copper mineralization at depth
