Conroy reports a million ounces of Irish gold

Tuesday , 01 Jul 2008
Irish gold explorer Conroy Diamonds and Gold has announced an upgrade to its Clontibret gold resource which now stands at over 1 million ounces indicated and inferred.

FT report said Mittal may enter Rio Tinto fight

Monday , 30 Jun 2008
London-based Indian industrialist Lakshmi Mittal, the fourth richest person in the world, may be considered getting involved in the takeover fight for Rio Tinto.

Harbinger Capital gives Windarra Nickel project US$50 million boost

Friday , 27 Jun 2008
Poseidon Nickel (ASX:POS) has called Harbinger Capital’s decision to invest US$50 million (A$53 million) through an issue of Convertible Notes a ‘key milestone’ in its re-development of the long-running Windarra project.

Finance Minister says Ghana will cut mining power subsidies

Thursday , 26 Jun 2008
Mining companies in Africa’s second largest gold producing nation have apparently agreed to pay a higher rate for power beginning July 1.

Iron ore anti-trust battle brewing for BHP Billiton

Thursday , 26 Jun 2008
BHP Billiton’s hostile takeover bid for Rio Tinto and its iron ore may generate a very big anti-trust issue for the EU.

Mirabela Nickel looks to extend Santa Rita downwards

Wednesday , 25 Jun 2008
Mirabela Nickel (TSX:MNB, ASX:MBN) has announced drilling results that strengthen the possibility of its Santa Rita open-pit being extended to develop an underground mine.

Indium prices expected to explode due to LCD demand

Tuesday , 24 Jun 2008
There isn’t enough material to feed a voracious LCD machine, which needs ever larger amounts of indium.

Bepkong drilling results may reinforce Azumah’s million oz goal

Tuesday , 24 Jun 2008
New drilling results from Azumah Resources’ Wa-Lawra gold project in Ghana could reveal the potential of Azumah’s recent Bepkong discovery.

Petra's Kono diamond project produces its first 1,000 carats

Thursday , 19 Jun 2008
The Kono project, a JV in Sierra Leone between Stellar Diamonds Ltd (49%) and Petra Diamonds Ltd (51%), passed a ‘significant milestone’ when it recovered 1,049 carats (12,132 diamonds) from trial mining.

Carroll on Sovereign wealth funds and impact on global mining

Thursday , 19 Jun 2008
Anglo American CEO Cynthia Carroll makes some pertinent comments on the role sovereign wealth funds are beginning to play in the global mining sector.

Wesizwe Platinum releases Eskom Contingencies report

Thursday , 19 Jun 2008
Wesizwe Platinum has released the results of an Eskom Contingencies report detailing possible strategies to cope with Eskom’s continuing power crisis.

Great Basin increases Hollister gold resource to 2.3 million ounces

Thursday , 19 Jun 2008
Great Basin Gold announced today that its mineral resource at the company’s Hollister project on the Carlin Trend in Nevada has been upgraded and expanded by underground drilling to rise by 60%.

Draft new European resource reporting guidelines launched in London

Wednesday , 18 Jun 2008
Draft proposals for the updating of the existing IMM reserve and resource reporting code were unveiled in London yesterday with a view to code finalisation before the year end.

Is gold too low compared with oil – or is it that oil is just too high?

Wednesday , 18 Jun 2008
With oil costs reaching potentially unsustainable levels, the gold market has to be prepared for a reaction to a possible puncturing of the oil price bubble.

Swiss platinum ETF grows 45% in volume in three months

Tuesday , 17 Jun 2008
Zurich Cantonal Bank's platinum ETF holdings have grown by 45% on concerns over South African platinum supply and a promising demand outlook.

Chaarat scoping study defines gold project progress

Tuesday , 17 Jun 2008
Chaarat Gold Holdings has announced the results of a scoping study by independent consultants, Behre Dolbear, which is the next step towards bringing this Kyrgyz gold project to production.

Red Sea to the rescue on tin-tantalite plant costs

Monday , 16 Jun 2008
A technical review on processing options for the Abu Dabbab tantalite-tin project in Egypt will see seawater from the Red Sea now make up the major water requirement for mineral processing and save almost $US5 million per year.

Saudis may pump more oil to curb excessive price

Sunday , 15 Jun 2008
As world economies face a major downturn due to excessive energy costs, Saudi Arabia is poised to boost oil production above 9.5 bn bpd to help keep pace with demand.

The Russian palladium stockpile - do we need to worry?

Friday , 13 Jun 2008
Comments on the Russian palladium stockpile caused immediate movement in the market, but do these comments mean much in the scheme of things?

Rio Tinto joins DRC diamond hunt

Thursday , 12 Jun 2008
Rio Tinto is to become involved in searching for diamonds in the northern DRC through an agreement with Toronto and JSE quoted BRC DiamondCore.

Yo yo week for gold bullion

Thursday , 12 Jun 2008
The gold price shot up to a 2-week high on Monday, before retreating again as the week wore on. Market watchers see possible further falls although they mostly consider the downside is limited.

Seeing through the rock

Wednesday , 11 Jun 2008
New development – effectively a form of GPS for underground operations – has great potential for controlling block caves, saving trapped miners and machine automation.

Big copper resource for Avalon in Sweden

Monday , 09 Jun 2008
Perth-based Avalon Minerals Ltd (ASX: AVI) has joined the ranks of Australian companies setting up mining operations in Scandinavia and is near the famous Swedish mining centre of Kiruna with its substantial infrastructure.

Recession fears diminish and gold price struggles - but for how long?

Friday , 06 Jun 2008
Gold has survived so far its recent hiatus period, but what does the current improvement in general economic sentiment mean for the price ahead?

Mixed views on copper – short term pain or long term gain

Thursday , 05 Jun 2008
Many fund managers and analysts believe that in the short term copper prices are due for a further fall, but longer term the outlook could be positive.