(10 March 2010)
JUST months after merging with Warwick Resources, Pilbara miner Atlas Iron and magnetite hopeful Aurox Resources have agreed to a friendly merger, with the deal being sealed over a beer before the AC/DC concert in Perth on Saturday night. - more
|
 | | | Breaking News
(10 March 2010)
JUST months after merging with Warwick Resources, Pilbara miner Atlas Iron and magnetite hopeful Aurox Resources have agreed to a friendly merger, with the deal being sealed over a beer before the AC/DC concert in Perth on Saturday night. - more
(10 March 2010)
EXPLORATION spending by Australian resource companies is back on the rise, in another sign of growing confidence in the local mining sector. New Australian Bureau of Statistics figures show that total exploration spending is rising, particularly in greenfield areas. - more
(10 March 2010)
IRON ore is tipped to settle on a quarterly basis as BHP Billiton avoids annual contracts for coking coal. Mine Life senior resources analyst Gavin Wendt and Patersons Securities coal analyst Andrew Harrington look into the ramifications. - more
(10 March 2010)
CENTURION Transport, which draws a huge part of its business from the resources sector, has officially opened its new $A40 million supply base. Supply Side by Noel Dyson - more
(10 March 2010)
GOLD hopeful Adamus Resources is seeking to boost its coffers by up to $A30.5 million through a capital raising to accelerate exploration at its flagship Southern Ashanti project in Ghana. - more
(10 March 2010)
EQUINOX Minerals has cleared the existing debt facilities hanging over the Lumwana copper mine in Zambia, having achieved financial close of its new $US400 million ($A437.4 million) corporate loan facility. - more
(10 March 2010)
GOLDEN West says it could be producing gold from its Wiluna West project by the end of the year, after upgrading resource estimates at the project today. - more
(10 March 2010)
AUSTRALIAN-Mongolian company Hunnu Coal has its sights firmly set on developing assets in a nation rich with possibility and abundant with coal resources. By Amanda Ellis - RESOURCESTOCKS* - more
(9 March 2010)
ATLAS Iron has reduced its net loss for the December half year to $A24.4 million following a considerable jump in sales revenue for the period. - more
(9 March 2010)
WEST African gold explorer Azumah Resources has reported fresh assay results from drilling at the Julie and Collette prospects at the Wa Gold Project in Ghana. - more
(9 March 2010)
LITHIUM developer Orocobre is chasing a $C20 million ($A21.4 million) private placement and plans to list on the Toronto Stock Exchange to help develop the company’s lithium assets, after yesterday announcing a new high-grade lithium and potassium brine discovery in Argentina. - more
(9 March 2010)
ABM Resources is spearheading its production aspirations with properties in the Tanami region of the Northern Territory that have sat dormant on the books of Newmont Mining Corporation since 2004.
- more
(9 March 2010)
AFTER nine years of litigation, Hancock Prospecting has lost its share of the Rhodes Ridge iron ore deposit in the Pilbara, with the Western Australian Supreme Court ruling in favour of the children of late minerals prospector Peter Wright. - more
(9 March 2010)
UNLISTED public company Cashmere Iron is looking to an ASX listing after unveiling a plus 1 billion tonne JORC-compliant resource on its namesake property in Western Australia’s Mid West.
- more
(9 March 2010)
AMID the death spasms of the iron ore benchmark system, a surprise package has emerged – premium-priced Australian magnetite. What is a tonne of magnetite concentrate worth? The Metal Detective, By Stephen Bell - more
(9 March 2010)
A DEAL with OZ Minerals will accelerate exploration on one of Azure Minerals’ key projects in Mexico – its wholly owned San Eduardo property. - more
(9 March 2010)
NOBLE Mineral Resources has posted a major increase in the JORC-compliant measured, indicated and inferred gold resources at its west African Bibiani project. - more
(9 March 2010)
ANGLOGOLD Ashanti has retained its clawback on Westgold Resources’ Rover deposit in the Northern Territory following the release of a maiden resource on the property last month, but it seems some of the finer details are still to be ironed out. - more
(9 March 2010)
VENUS Resources will become the latest Australian mining junior to accept significant Chinese investment, after the Foreign Investment Review Board ticked off on the farm-in and joint venture agreement between Venus and HD Mining and Investment.
- more
(9 March 2010)
FORMER Sino Gold chief executive officer Jake Klein has been appointed executive chairman of Conquest Mining. - more
(9 March 2010)
ELDORADO Gold has reported a 47% increase in the measured and indicated resource and a 42% rise in proven and probable gold reserves for its Eastern Dragon project in China’s Heilongjiang Province. - more
(9 March 2010)
WITH new resources unveiled for the Pigiput and Pigibo deposits, Allied Gold is approaching a 10 million ounce base from its properties in Papua New Guinea and the Solomon Islands. - more
(9 March 2010)
GOLDEN Rim Resources has expanded its holdings in Mali, acquiring a fifth exploration tenement in the west African nation.
- more
(9 March 2010)
A DEAL with Strategic Minerals Corporation has given Canadian uranium explorer Aldershot Resources a foothold on potential iron ore and iron-copper-gold-uranium targets at Martins Well in South Australia. - more
(9 March 2010)
IT is estimated growth in the resources sector will create 136,000 new direct and indirect jobs over the next five years. While that is great news for the industry and the growth of the nation, the most urgent issue now is finding where all the skilled workers are going to come from. - more
| Commodities

|
| Copper - Cash |
|
7475.25 |
38.50 |
0.52 |
7436.75 |
| Copper - 3Mth |
|
7510.00 |
40.00 |
0.54 |
7470.00 |
| Lead - Cash |
|
2218.25 |
-13.50 |
-0.60 |
2231.75 |
| Lead - 3Mth |
|
2245.00 |
-12.50 |
-0.55 |
2257.50 |
| Zinc - Cash |
|
2346.25 |
4.00 |
0.17 |
2342.25 |
| Zinc - 3Mth |
|
2375.00 |
5.00 |
0.21 |
2370.00 |
| Aluminum - Cash |
|
2227.75 |
27.50 |
1.25 |
2200.25 |
| Aluminum 3Mth |
|
2258.00 |
27.00 |
1.21 |
2231.00 |
| Nickel - Cash |
|
22175.00 |
-49.00 |
-0.22 |
22224.00 |
| Nickel - 3Mth |
|
22250.00 |
-50.00 |
-0.22 |
22300.00 |
| Tin - Cash |
|
17479.00 |
257.00 |
1.49 |
17222.00 |
| Tin - 3Mth |
|
17550.00 |
250.00 |
1.45 |
17300.00 |
| Gold - Apr 10 |
|
1122.30 |
-1.70 |
-0.15 |
1124.00 |
| Silver - May 10 |
|
17.34 |
0.07 |
0.38 |
17.27 |
| Copper - May 10 |
|
341.15 |
0.10 |
0.03 |
341.05 |
| Platinum - Apr 10 |
|
1596.90 |
-3.20 |
-0.20 |
1600.10 |
| Palladium - Jun 10 |
|
469.30 |
-2.05 |
-0.43 |
471.35 |
| Gold (AM Fix) |
|
1120.00 |
-14.00 |
-1.23 |
1134.00 |
| Gold (PM Fix) |
|
1115.75 |
-10.00 |
-0.89 |
1125.75 |
| Silver (Fix) |
|
11.53 |
0.10 |
0.88 |
11.43 |
| WTI Spot |
|
81.39 |
-0.07 |
-0.09 |
81.46 |
| Light Crude - Apr 10 |
|
81.50 |
-0.37 |
-0.45 |
81.87 |
| $A/$US |
|
0.9142 |
0.0049 |
0.53 |
0.9093 |
| STG/$US |
|
1.4994 |
-0.0073 |
-0.49 |
1.5068 |
| Euro/$US |
|
1.3599 |
-0.0035 |
-0.26 |
1.3634 |
| Euro/$A |
|
1.4878 |
-0.0115 |
-0.76 |
1.4993 |
| TABLE: Wednesday, March 10 2010, 12:00AM GMT
Most Popular Stories
(9 March 2010)
AMID the death spasms of the iron ore benchmark system, a surprise package has emerged – premium-priced Australian magnetite. What is a tonne of magnetite concentrate worth? The Metal Detective, By Stephen Bell - more
(8 March 2010)
TAX and banking seem remote topics when it comes to discussing mining. They’re not, as Dryblower will explain as he explores a curious phenomena known as “tax arbitrage”, an unfair financial advantage to be gained by setting up shop in Switzerland. - more
(10 March 2010)
JUST months after merging with Warwick Resources, Pilbara miner Atlas Iron and magnetite hopeful Aurox Resources have agreed to a friendly merger, with the deal being sealed over a beer before the AC/DC concert in Perth on Saturday night. - more
(9 March 2010)
FORMER Sino Gold chief executive officer Jake Klein has been appointed executive chairman of Conquest Mining. - more
(9 March 2010)
A DEAL with OZ Minerals will accelerate exploration on one of Azure Minerals’ key projects in Mexico – its wholly owned San Eduardo property. - more
Professional Placements For the complete list of placements CLICK HERE.
(5 March 2010)


Brazil Based: Belo Horizonte
Exciting Newly Created Appointment
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Key Strategic & Technical Focus
Contact Alex Beutler +61 7 3295 7414 - more
(4 March 2010)


LARGE SCALE MINING PROJECT WESTERN AUSTRALIA
Attractive Roster
Top Level Negotiable Salary Package
Excellent Career Move - more
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Perth Based
Exciting Newly Created Appointment
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Key Strategic & Technical Focus
Contact Alex Beutler +61 7 3295 7414 - more
(3 March 2010)


State of the art Copper– Gold operation
Attractive FIFO roster
Well regarded ASX entity - more
(2 March 2010)


Publicly Listed Company Fleurieu Peninsula Location
Terramin Australia Ltd is an ASX listed base metals company focussed on zinc and lead. It has the 400,000tpa Angas Zinc Mine near Strathalbyn in South Australia and a flagship project (Oued Amizour) located in Algeria slated to produce up to 4Mtpa in which it holds a 65% share. - more
General Appointments For the complete list of placements CLICK HERE.
(5 March 2010)
Polymetals has set an aggressive growth strategy and requires an experienced Group Geologist, with strong exploration expertise, to join the team. The Group Geologist provides strategic and technical advice, analysis and options in support of the achievement of Polymetals goals. A competitive package will reflect the candidate's credentials and experience. For more information, and to apply online, please visit http://ApplyNow.net.au/Job16522 - more
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