General
(3 February 2012)
XSTRATA’S largest shareholder, commodities trader Glencore International, is seeking to merge with the mining giant to create a $A77 billion colossus that would rival the likes of BHP Billiton and Rio Tinto. - more 
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| Breaking News
(3 February 2012)
JUNIOR gold explorer ElDore Mining Corporation hopes to become a producer this year after inking a deal to acquire the Lonely gold mine in Zimbabwe for $US4.4 million ($A4.1 million). - more
(3 February 2012)
IN TODAY’S Mining Briefs: Exxaro updates the terms of its takeover offer for African Iron, Hillgrove updates shareholders on the Kanmantoo copper mine and drilling results for GBM and Anchor. - more
(3 February 2012)
A MUTED last day of trade has capped off a lacklustre week for the local market with mixed leads from Wall Street ahead of a jobs report, coupled with a drop in Asian stocks after disappointing earnings reports from Japan and South Korea. - more
(3 February 2012)
SHARES in Mongolia-focused explorer Xanadu Mines have jumped after the company said it was looking to sell its thermal coal assets in order to focus on its copper-gold projects and coking coal joint venture with Hong Kong’s Noble Group. - more
(3 February 2012)
AUSDRILL managing director Ron Sayers says he will defend tax fraud charges. - more
(3 February 2012)
DAVID McSweeney has resigned as chairman of Avalon Minerals, effective today. - more
(3 February 2012)
AS IT dresses as a potential takeover target with its copper-gold and precious metal portfolio in Chile, making the most of dwindling cash reserves will no doubt become increasingly important for junior Condor Blanco Mines. - more
(3 February 2012)
EXTRACT Resources has entered a trading halt today ahead of the proposed $A2.2 billion downstream offer from China’s Taurus Minerals. - more
(3 February 2012)
CORETRACK will sell off subsidiary Globe Drill’s assets ahead of a legal fight with GT3000 rig licensor Strange Investments after it terminated the intellectual property licence agreement.
- more
(3 February 2012)
GOLD explorer Golden Rim Resources has raised $A6.9 million to fund drilling and exploration at its Balogo project in Burkina Faso and Mali. - more
(3 February 2012)
XSTRATA’S largest shareholder, commodities trader Glencore International, is seeking to merge with the mining giant to create a $A77 billion colossus that would rival the likes of BHP Billiton and Rio Tinto. - more
(3 February 2012)
NICKEL producer Panoramic Resources has launched an off-market scrip bid for junior explorer Magma Metals, valuing the company at nearly $A40 million and sending its shares soaring. - more
(3 February 2012)
WOLF Minerals managing director Humphrey Hale has built his career working as a geologist in the mining and oil industry around the world. UK-born Hale spoke to MiningNewsPremium.net about that career and about the company’s tungsten project in England. - more
(3 February 2012)
BHP’s fundamentals are good and analysts see massive upside in Alkane shares while Atlas moves along slowly but surely. - more
(3 February 2012)
FRESH off the back of high-grade hits from the Fekola gold discovery, west Africa-focused explorer Papillon Resources has raised $A15.9 million in a placement to institutional investors in London. - more
(3 February 2012)
SWICK Mining Services is maintaining its full year guidance of $A130 million as it continues to eye drilling opportunities and looks to expand its underground diamond drilling capabilities. - more
(3 February 2012)
REPUBLIC Gold has suspended operations and investment in Bolivia after failing to raise the $US130 million ($A121 million) in capital required to develop its 1.2 million ounce flagship Amayapampa gold project pending regulatory and policy changes. - more
(3 February 2012)
CIVIL and building construction company Decmil Australia has been awarded a $A90 million contract by BHP Billiton Mitsubishi Alliance to build an accommodation village in Queensland. - more
(3 February 2012)
AS attention focuses on the fortunes of iron ore explorers in Western Australia, a South Australian project is about to become Australia’s next iron ore mine. By Ngaire McDiarmid - RESOURCESTOCKS* - more
(3 February 2012)
AUSTRALIAN stocks are tipped to flatten on the back of disappointing news out of the US. - more
(2 February 2012)
INDIGENOUS Australians in Western Australia’s Pilbara should have greater access to jobs in the resource sector through a training program set up in the region. - more
(2 February 2012)
GOLD production results for Exco and Polymetals, Vantage, Mintails and Castlemaine, copper and gold for Straits and platinum numbers for Sylvania in Quarterly Briefs. - more
(2 February 2012)
LOCAL stocks snapped a three-day losing streak in today’s session on the back of better-than-expected trade data and positive overseas leads, with resource stocks leading the charge into green territory. - more
(2 February 2012)
MINING magnate Gina Rinehart has headed Forbes magazine’s latest Australian rich list, also taking the title of the Asia-Pacific region’s richest woman. - more
(2 February 2012)
THE Western Australian government will merge seven of the state’s eight port authorities into four in a move to improve efficiency and cut red tape. - more
| Commodities
|
| Copper - Cash |
 |
8322.25 |
-96.00 |
-1.14 |
8418.25 |
| Copper - 3Mth |
|
8345.00 |
-95.00 |
-1.13 |
8440.00 |
| Lead - Cash |
|
2133.00 |
-72.25 |
-3.28 |
2205.25 |
| Lead - 3Mth |
|
2164.00 |
-71.00 |
-3.18 |
2235.00 |
| Zinc - Cash |
|
2078.75 |
-34.25 |
-1.62 |
2113.00 |
| Zinc - 3Mth |
|
2095.00 |
-36.00 |
-1.69 |
2131.00 |
| Nickel - Cash |
|
20791.00 |
-98.00 |
-0.47 |
20889.00 |
| Nickel - 3Mth |
|
20875.00 |
-100.00 |
-0.48 |
20975.00 |
| Tin - Cash |
|
24106.00 |
-2.00 |
-0.01 |
24108.00 |
| Tin - 3Mth |
|
24150.00 |
-5.00 |
-0.02 |
24155.00 |
| Aluminium - Cash |
|
2158.75 |
-69.75 |
-3.13 |
2228.50 |
| Aluminium - 3Mth |
|
2195.00 |
-70.00 |
-3.09 |
2265.00 |
| Gold - Feb 12 |
 |
1759.50 |
12.40 |
0.71 |
1747.10 |
| Silver - Mar12 |
|
34.32 |
0.51 |
1.52 |
33.81 |
| Copper - Mar12 |
|
378.65 |
-5.55 |
-1.44 |
384.20 |
| Platinum - Apr 12 |
|
1633.10 |
9.90 |
0.61 |
1623.20 |
| Palladium - Mar 12 |
|
707.40 |
10.70 |
1.54 |
696.70 |
| Gold (AM Fix) |
|
1747.50 |
3.50 |
0.20 |
1744.00 |
| Silver (Fix) |
|
33.67 |
-0.13 |
-0.38 |
33.80 |
| WTI |
|
96.36 |
-1.25 |
-1.28 |
97.61 |
| U308 Spot |
 |
52.13 |
0.00 |
0.00 |
52.13 |
| $A/$US |
|
1.0713 |
0.0008 |
0.0747 |
1.0705 |
| STG / $US |
|
1.5806 |
-0.0028 |
-0.1768 |
1.5834 |
| Euro / $US |
|
1.3146 |
-0.0015 |
-0.1140 |
1.3161 |
| Euro / $A |
|
1.2271 |
-0.0022 |
0.1809 |
1.2293 |
|
TABLE: Friday February 3, 2012. 12:00am GMT
Most Popular Stories
(25 January 2012)
THAT music is starting again. From out of nowhere comes that familiar bass riff and drum beat as another Australian company falls. Supply Side by Noel Dyson. - more
(25 January 2012)
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Professional Placements
For the complete list of placements CLICK HERE.
(3 February 2012)
Perth based management role
Leading global resources company
Oversee procurement for capital development projects in Western Australia - more
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Asia/Pacific Focus
East Coast Australia Base With Regional Travel
Newly Created, Critical Role. - more
(31 January 2012)
Overseas Opportunity - more
(30 January 2012)
Lycopodium Minerals is one of Australia’s most innovative engineering, procurement and construction management groups in the minerals industry. To assist us in the continued growth and diversification of our business, an exciting opportunity exists for an experienced individual to join our Perth based team. - more
(30 January 2012)
Opencut Gold Project
Great Roster; Outstanding Lifestyle
Respected & Expanding Mid-tier Miner - more
General Appointments
For the complete list of placements CLICK HERE.
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