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Monday, 6 September 2010

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[ 18354 Results - Showing Results 1 to 30 ]

Rio energy chief wants certainty
(Monday, 6 September 2010)

WHILE the final outcome of the recent federal election is expected this week, Rio Tinto energy chief executive Doug Ritchie was more than willing to unload both barrels on our elected representatives.
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Chalice to go it alone, for now
(Monday, 6 September 2010)

EMERGING gold producer Chalice Gold Mines has pulled out of a planned regional joint venture with Newmont Mining Corporation in Eritrea.
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Stocks get into the groove
(Monday, 6 September 2010)

THE All Ordinaries neared a four-week high today, as the local market was again boosted by offshore leads.
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Market factors in Andean bidding war
(Monday, 6 September 2010)

THE market is shaping up for a bidding war for Andean Resources if its share price of $A7, after coming out of a trading halt today, is anything to go by.
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Former owner continues to frustrate EnviroGold
(Monday, 6 September 2010)

AFTER a frustrating two years, EnviroGold should know later this month whether its minority shareholder will back its $US45 million ($A49 million) financing plans for the Los Lagunas tailings project in the Dominican Republic.
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Ivanhoe wraps up retail raising
(Monday, 6 September 2010)

IVANHOE Australia says it has raised a total $A269 million from its entitlement offer after wrapping up the retail portion of the offer.
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Thunder Bay North upgrade boosts Magma
(Monday, 6 September 2010)

MAGMA Metals now has 708,000 platinum equivalent ounces in indicated resources at its Thunder Bay North property in Ontario after releasing an updated mineral resource estimate.
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Deal terms to accelerate Punt Hill search
(Monday, 6 September 2010)

A DEAL with Chile-based copper company Antofagasta Minerals will result in a minimum of $US1.5 million ($A1.63 million) being spent on Monax Mining’s flagship Punt Hill property in South Australia over the next two years.
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Mount Weld gets bigger
(Monday, 6 September 2010)

LYNAS Corporation has increased the resource at its Mount Weld heavy rare earths project, which is in development for first production next year, by 19%.
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Strange bedfellows reunite to fight coal project
(Monday, 6 September 2010)

FORMER WA Treasurer Troy Buswell and former Greens WA MP Adele Carles are teaming up again to fight the Vasse coal project near Margaret River, only months after their affair became public and shocked the country.
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Ministry confirms Mumbwa security of tenure
(Monday, 6 September 2010)

SECURITY of tenure has been confirmed on the Mumbwa iron oxide-copper-gold (IOCG) project in Zambia for joint venture partners BHP Billiton and Blackthorn Resources.
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Opportunities galore for African Lion
(Friday, 3 September 2010)

WITH $US69 million ($A76 million) available for investment in Africa, Melbourne-based investment group African Lion continues to cast its net across the continent as it looks to broaden its coverage.
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Rock Stocks: Market stays afloat despite no hand on the tiller of govt
(Friday, 3 September 2010)

NOT having an ordained government in place seems to be paying dividends for the local market with the S&P-ASX 200 hovering around a 4% gain for the week following the announcement of a 1.2% rise for the economy for the June quarter. By RESOURCESTOCKS editor Wally Graham
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Africa sparks IPO boom
(Friday, 3 September 2010)

PRESENTATIONS at this week’s Africa Downunder conference in Perth have revealed the list of Australia-listed companies exploring in Africa is set to grow.
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Heemskirk abandons NQM bid
(Friday, 3 September 2010)

HEEMSKIRK Consolidated has decided to bow out of the race for control of North Queensland Metals, announcing today it will let its $A84 million offer for NQM lapse next Friday.
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Avoca ready to join the $1B club
(Friday, 3 September 2010)

AVOCA Resources is a front runner to lead the pack of mid-size gold miners now that Lihir Gold has been successfully acquired by Newcrest, Rohann Williams told the Sydney Mining Club.
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Bailey lands on ASX
(Friday, 3 September 2010)

GOLD-focused explorer Bailey Minerals has made its market debut, closing at a respectable 10% premium to its A20c issue price.
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Report: Wesfarmers steers clear of Griffin
(Friday, 3 September 2010)

WESFARMERS has reportedly abandoned plans to acquire assets from debt-laden Western Australian thermal coal producer Griffin Coal.
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FMG shareholder files for damages
(Thursday, 2 September 2010)

THE third-largest shareholder of Fortescue Metals Group, Leucadia National Corp, has filed a summons against the iron ore producer and its chief executive Andrew Forrest, for damages over “misleading and deceptive conduct”.
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Paulsens purchase paying off
(Thursday, 2 September 2010)

NORTHERN Star Resources has paid off $A4.35 million of the debt facility from the purchase of the Paulsens gold mine just one month after taking ownership of the Pilbara project.
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Mining Briefs: Dragon, Tasman, Legacy and more
(Thursday, 2 September 2010)

DRILLING updates for Dragon Mining, Tasman Resources and Legacy Iron Ore, the start of commissioning for Galaxy Resources, a boost to resources for Nex Metals and Australian Bauxite, and new acquisitions by Canyon Resources in Burkina Faso were the top stories in Mining Briefs today.
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Two plaintiffs pull out of Ramu tailings injunction
(Thursday, 2 September 2010)

TWO of the five plaintiffs involved in an injunction to stop the construction and operation of a deepsea tailings placement system at the $US1.4 billion ($A1.5 billion) Ramu nickel development in Papua New Guinea, have pulled out of the court action.
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More Australian diplomats needed in Africa
(Thursday, 2 September 2010)

AUSTRALIA needs to increase its diplomatic presence in Africa in order to better help service the needs of the rapidly expanding Australian mining presence in the region, according to senior mining identities speaking at the Africa Downunder conference this morning.
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Resource security accelerates deals
(Thursday, 2 September 2010)

THE pace of deal activity is intensifying in the mining and metals sector, with the value of pending deals already four times the $US40.6 billion ($A44.7 billion) generated in the first half of the year.
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Complicated contracts
(Thursday, 2 September 2010)

I HAVE come across some impossibly complicated contracts in my time. I’ve also come across extruders, smelters and refiners who have the misfortune to have their contracts on both sides of operations – buying in the raw material then selling the product. By Lesley Campbell.
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Risky business
(Thursday, 2 September 2010)

A LACK of investor appetite for risk has become a major challenge for junior mining companies on the Johannesburg stock exchange, according to a speaker at the Africa Downunder Conference.
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Solid turnaround for Aspermont
(Wednesday, 1 September 2010)

INTERNATIONAL media company Aspermont, the publisher of MiningNews.net and MiningNewsPremium, has made a solid recovery in the 2010 financial year.
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Australia well placed to build on $20B African investment
(Wednesday, 1 September 2010)

AUSTRALIA is in a unique position to build on its $A20 billion investment in Africa and further expand its presence, but tackling corruption and building transparency will be the key.
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Antofagasta makes first entry into Australia
(Wednesday, 1 September 2010)

CHILEAN copper major Antofagasta will make its first Australian investment in the form of a farm-in agreement over Monax Mining’s Punt Hill copper-gold project in South Australia.
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Profit slump for Norseman
(Wednesday, 1 September 2010)

NORSEMAN Gold has posted an 85% drop in after tax profit for the 2010 financial year, but is concentrating on its goal of more than doubling production in the coming 12 months.
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