(9 May 2008)
WESTERN Australia’s mining and business representative bodies have welcomed some measures in the 2008 State Budget but underlying this was the message that both state and federal governments must do more to support Australia’s key industry. - more
| MNP Audio
 | | | Breaking News
(9 May 2008)
MINARA Resources, Australia’s second-largest nickel producer, has appointed Xstrata Australia chair Peter Coates as its new chairman. - more
(9 May 2008)
ASPIRING potash miner South Boulder Mines has come under fire from an organisation representing a group of indigenous landowners, over statements it made in relation to a recently signed exploration access agreement. - more
(9 May 2008)
EQUITIES are starting to emerge from the rubble of the sub-prime crisis and the resultant credit crunch, with some hardy souls even venturing to suggest the market has bottomed out. - more
(9 May 2008)
GLENEAGLE Gold has moved closer to bagging six exploration tenements in Mozambique. - more
(9 May 2008)
SILVER posted a solid performance in 2007 with the annual price for the white metal averaging $US13.38 an ounce – a 16% rise on 2006 – thanks to strong investor and industrial applications demand, according to a report by the Silver Institute and Gold Fields Mineral Services. - more
(9 May 2008)
BRISBANE-based explorer Diatreme Resources is bullish about its heavy mineral sands projects in the Eucla Basin with a 73,500m air core drilling program due to start soon. - more
(9 May 2008)
CLEARLY China is the new black. Anyone who’s anyone these days in the resources arena is either doing business or making plans to do business with the Chinese, so news of Republic Gold’s recent jaunt to the Asian nation should come as little surprise. - more
(9 May 2008)
THE dispute between Polaris Metals and Portman over the Bungalbin tenements has finally been settled, with Polaris assuming rights over three iron ore tenements in Western Australia. - more
(9 May 2008)
WESTERN Australia’s mining and business representative bodies have welcomed some measures in the 2008 State Budget but underlying this was the message that both state and federal governments must do more to support Australia’s key industry. - more
(9 May 2008)
HOT on the heels of yesterday’s upgraded resource figures, Albidon and its joint venture partner African Energy Resources have released the details of a pre-feasibility study into the Chirundi uranium project in Zambia. - more
(9 May 2008)
DIVERSIFIED metals explorer Havilah Resources has beefed up its copper credentials – and its share price – with further infill drilling results from the Kalkaroo project in South Australia. - more
(9 May 2008)
A MAJOR aftermarket dump truck body supplier this week used the BBY Mining Conference in Sydney to herald the recent $A4 million expansion of its Mackay workshop – one of numerous capacity upgrades it has carried out in a bid to meet the needs of a constantly expanding client base. Alex Forrest reports - more
(9 May 2008)
A BIOPHARMACEUTICALS company backed by the mining industry is waiting for the green light to proceed with a trial for an HIV/AIDS therapeutic vaccine in Southern Africa. By Kellie Guest - more
(9 May 2008)
SHARES in junior explorer Maximus Resources have shot up to an intraday high of A27.5c in morning trade on news of an exploration target of between 1.7 and 3 billion tonnes of iron ore discovered at its wholly-owned Canegrass iron ore-vanadium project near Windimurra in Western Australia. - more
(9 May 2008)
WITH massive social challenges including widespread poverty and unrest, mining in Mozambique is unlikely to be everyone’s cup of tea. However a handful of Australian and other international mining companies are answering the Mozambican Government’s call for increased foreign investment activity. By Charlotte Dudley - more
(9 May 2008)
MIDWEST Corporation has finally made an 11th hour nomination of Yilgarn Infrastructure for the Oakajee port tender. - more
(9 May 2008)
NORTH Queensland Metals has given its Baal Gammon copper-tin-silver-indium project in far north Queensland the thumbs up after a mine feasibility study confirmed the project was robust. - more
(9 May 2008)
DESPITE evidence of a softening labour market, new employment figures show mining boom state Western Australia is leading the demand for jobs growth, with a 2.7% increase in job ads for the month of April. - more
(9 May 2008)
MINERAL explorer Image Resources has announced a maiden heavy mineral resource of more than 260 million tonnes at 87% heavy mineral content. - more
(9 May 2008)
CITADEL Resources has raised its profile as well as the resource at its Jabal Sayid copper-gold project in Saudi Arabia. By Wally Graham – RESOURCESTOCKS* - more
(8 May 2008)
THE Western Australian resources sector received some welcome news in the Carpenter Government’s 2008-09 budget, especially for those miners operating in the iron ore-rich Pilbara region. - more
(8 May 2008)
AFTER a bruising start to the session, the market slowly clawed back some ground but miners were left at rather a loss. Livening up the day, however, was some exciting phosphate action. - more
(8 May 2008)
JOINT venture partners in the Chirundu project, Albidon and African Energy Resources, have reported a partial conversion of inferred resources to indicated status at the Njame and Gwabe uranium deposits which has increased total uranium resources at the Zambian project by 5%. - more
(8 May 2008)
WITH one day left until the deadline, Yilgarn Infrastructure has yet to receive its Oakajee Port nomination from iron ore miner Midwest Corporation. - more
(8 May 2008)
SHARES in junior explorer Uramet have soared by 250% on news that it has found phosphate rock samples of up to 32% at its tenements in the Georgina Basin in the Northern Territory and Queensland. - more
| Commodities

|
| Copper - Cash |
|
8435.50 |
-150.50 |
-1.75 |
8586.00 |
| Copper - 3Mth |
|
8300.00 |
-130.00 |
-1.54 |
8430.00 |
| Lead - Cash |
|
2304.00 |
-98.50 |
-4.10 |
2402.50 |
| Lead - 3Mth |
|
2320.00 |
-100.00 |
-4.13 |
2420.00 |
| Zinc - Cash |
|
2190.00 |
-35.50 |
-1.60 |
2225.50 |
| Zinc - 3Mth |
|
2218.00 |
-35.00 |
-1.55 |
2253.00 |
| Aluminum - Cash |
|
2829.25 |
-44.00 |
-1.53 |
2873.25 |
| Aluminum 3Mth |
|
2875.00 |
-45.00 |
-1.54 |
2920.00 |
| Nickel - Cash |
|
27275.00 |
-1095.00 |
-3.86 |
28370.00 |
| Nickel - 3Mth |
|
27450.00 |
-1095.00 |
-3.84 |
28545.00 |
| Tin - Cash |
|
24510.00 |
430.00 |
1.79 |
24080.00 |
| Tin - 3Mth |
|
24475.00 |
475.00 |
1.98 |
24000.00 |
| Gold - Jun 08 |
|
882.10 |
10.90 |
1.25 |
871.20 |
| Silver - Jul 08 |
|
16.87 |
0.18 |
1.05 |
16.70 |
| Copper - Jul 08 |
|
378.75 |
-4.65 |
-1.21 |
383.40 |
| Platinum - Jul 08 |
|
2042.30 |
73.30 |
3.72 |
1969.00 |
| Palladium - Jun 08 |
|
435.90 |
10.15 |
2.38 |
425.75 |
| Gold (AM Fix) |
|
872.25 |
4.00 |
0.46 |
868.25 |
| Gold (PM Fix) |
|
877.00 |
8.75 |
1.01 |
868.25 |
| Silver (Fix) |
|
8.62 |
0.11 |
1.27 |
8.51 |
| WTI Spot |
|
123.77 |
0.21 |
0.17 |
123.56 |
| Light Crude - Jun 08 |
|
123.69 |
0.16 |
0.13 |
123.53 |
| $A/$US |
|
0.9438 |
0.0016 |
0.16 |
0.9422 |
| STG/$US |
|
1.9547 |
0.001 |
0.05 |
1.9537 |
| Euro/$US |
|
1.5397 |
0.0001 |
0.01 |
1.5395 |
| Euro/$A |
|
1.6314 |
-0.0026 |
-0.16 |
1.6339 |
| TABLE: Friday, May 09, 2008 12:20 AM
Most Popular Stories
(9 May 2008)
DIVERSIFIED metals explorer Havilah Resources has beefed up its copper credentials – and its share price – with further infill drilling results from the Kalkaroo project in South Australia. - more
(8 May 2008)
WITH news that Chinese nickel producer Jinchuan Group has agreed to release its 10.4% stake in Allegiance Mining, Zinifex is now poised to take full control of Allegiance. - more
(5 May 2008)
IF YOU forecast a downturn long enough you will eventually be right. That seems to be the policy of the world’s commodity-price tipsters who, Dryblower is amused to say, have failed miserably for five years, but who refuse to give up. - more
(7 May 2008)
RIO Tinto has warned its shareholders today about unsolicited offers from controversial share dealer David Tweed. - more
(8 May 2008)
JUST how much of Australia’s mineral wealth is China going to end up owning? Keeping it for Australia’s future might be something for Canberra to think about. The Outcrop by Robin Bromby - more
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