Minesite News headlines May 16, 2008
Minews Story: May 15, 2008
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
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Features: May 14, 2008
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
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Minews Story: May 14, 2008
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.
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Features: May 14, 2008
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
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Commodities: May 13, 2008
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,
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Minews Story: May 12, 2008
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
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Minews Story: May 08, 2008
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
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Minews Story: May 08, 2008
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
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Minews Story: May 07, 2008
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.
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Minews Story: May 07, 2008
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
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Minews Story: May 06, 2008
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
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Minews Story: May 06, 2008
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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Minews Story: May 06, 2008
Ralph Shearing of Soho Resources (CA:SOH) tells us about his latest drill results and the strategy of Soho as they move forward.
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Minews Story: May 06, 2008
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
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Commodities: May 05, 2008
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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Press Releases
METALS EXPLORATION PLC PLACING
May 16, 2008
DRILLING COMMENCES AT GOLD MOUNTAIN
May 16, 2008
Antam, Jindal in nickel, stainless steel JV
May 16, 2008
Marengo delivers positive outcomes from Phase 1 of the Yandera DFS
May 16, 2008
Tempest survey identifies major uranium anomalies
May 16, 2008
NACHINGWEA NICKEL JV TO UNDERTAKE EXPANDED 2008 EXPLORATION PROGRAM
May 16, 2008
Silver Standard Announces the Appointment of Peter Tomsett as Chairman of the Board of Directors
May 15, 2008
Silver Standard Reports First Quarter 2008 Results
May 15, 2008
Caledonia Mining Announces it’s First Quarter 2008 Results
May 15, 2008
MORE MANTLE NODULE-BEARING KIMBERLITE FOR KARELIAN IN LATEST DRILLING AT SEITAPERA
May 15, 2008
GEODEX APPOINTS TWO NEW DIRECTORS TO ITS BOARD AND PROVIDES SISSON BROOK PROGRESS UPDATE
May 15, 2008
CANADIAN ZINC REPORTS FIRST QUARTER 2008 RESULTS
May 15, 2008
Rusoro Mining Ltd. Appoints VP Finance and Interim CFO
May 15, 2008
Grant of Niger Exploration Permit
May 15, 2008
EUROPEAN FINANCIER JOINS MARENGO BOARD
May 15, 2008
First Quarter 2008 Results and Conference Call
May 14, 2008
Silver Standard Increases Pirquitas Silver Reserves by 43%
May 14, 2008
Rambler Reports Latest Drill Results at the Ming Mine Drills 5.10 metres of 3.68 g/T Gold and 15.77% Copper
May 14, 2008
Strongbow Announces $3.3 Million Flow Through Private Placement
May 14, 2008
Northern Lion reports update on the drilling program in Portugal - Enfermarias Drilling confirms Copper mineralization at depth
May 14, 2008