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STOP PRESS:

Minesite News headlines July 24, 2008

Minews Story: July 23, 2008

Oxus Gold Lines Up A Reserve Of Two Million Ounces At Amantaytau

John Donald’s back. This might not mean much to anyone who’s been in the resources boom for less than a couple of years, but it means plenty to Minews who once bet John a sizeable sum of money on the outcome of a certain rugby

Full story...
Minews Story: July 23, 2008

Mineral Securities Plans to Advance From Mini-Mining House To Mid-Tier Producer

Remember Mineral Securities? Yes, that’s the company that took what seemed like an age to merge with Robert Champion de Crespigny’s Scarborough Minerals and since then has been engaged in getting back together with CopperCo which

Full story...
Minews Story: July 23, 2008

Zimbabwe’s Empowerment Legislation Is Just A Cover To Allow The Chinese In, But The MDC May Yet Stop The Rot

As a power-sharing pact between Zimbabwe’s President Robert Mugabe and the opposition Movement for Democratic Change (MDC) emerges, the MDC has revealed that it will seek a reversal of the draconian mining and expropriation

Full story...
Minews Story: July 23, 2008

Formation Capital Focuses On Getting Approval

When people talk about the length of time it takes to find, develop and exploit a mine it is usually assumed that is because of technical issues. The fact that is not the case is demonstrated by the story of the Idaho Cobalt

Full story...
Features: July 22, 2008

The Chinese Don’t Want Your Want Money, They Want Your Know-How

Glancing back over the expert opinions of a random selection of UK investment gurus down the years, you’d be forgiven for having made the assumption that China was and is having an arbitrary lease of economic good fortune before

Full story...
Minews Story: July 22, 2008

Balkans Gold Has Some Good Reasons For Its Apparently Eccentric Leap Into West Africa

At first sight a company called Balkans Gold announcing the acquisition of a company with assets in Burkina Faso and Niger looks like a U-turn as complete as those being made by the UK’s Chancellor of the Exchequer. A word with

Full story...
Minews Story: July 22, 2008

Conroy Hits A Million Ounces And Has Still Barely Scratched The Surface

Professor Conroy showed up on BBC Television news a couple of weeks ago, as reporters from that august public institution roved across his Clontibret gold property taking vox populi about the “massive” gold find that the

Full story...
Minews Story: July 21, 2008

Once You Crunch Up All The Numbers, Bezant Resources Turns Out To Have A Tasty JORC Resource At Mankayan

“It’s all moving along nicely”, says Bernard Olivier of Bezant Resources. He’s in town to draw the market’s attention to the latest update from the company’s Mankayan project in the Philippines. Following a review of historic

Full story...
Commodities: July 21, 2008

The Market Knows Nothing: Gold Up, Base Metals Down, And The Fundamentals Still Sound

Wild swings in capital markets over the last week, particularly in equities, are a clear demonstration that the visibility about the economic outlook is as cloudy as it has ever been. Attention has mostly been focussed on shares,

Full story...
Minews Story: July 21, 2008

Connemara Mining Lays Out Some Clever Bets On The Zinc Board Of Ireland

Frankly, when you’re at the exploration stage it doesn’t matter much what the price of the target metal is, as it will probably take you well over five years to get into production - the price only gets really important at the

Full story...
Minews Story: July 21, 2008

With The Help Of Some Germans And Some Seawater, Gippsland Should Close The Financing For Abu Dabbab Fairly Soon

Sometimes it is the simplest things that make the biggest difference. Gippsland has been working on its Abu Dabbab tantalum and tin project for some time now and progress has been steady if not spectacular. Chairman and managing

Full story...
Minews Story: July 20, 2008

That Was The Week That Was ... In London

The misery continued in London's mining sector this week, the retreat in the oil price giving the market little encouragement, and frustrating gold bugs by pulling down the yellow metal. The majors all fell, with Anglo American

Full story...
Minews Story: July 20, 2008

That Was The Week Was … In Australia

Minews. Good morning Australia. Or is it…?

Oz. Well it’s not a good morning for most investors down this way, and it’s a dreadful morning for retiring Oxiana (OXR) boss, Owen Hegarty. Not only has he seen the share price of the

Full story...
Minews Story: July 20, 2008

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent to see how the Canadian Markets performed over the past week.

CC. The summer doldrums have hit full stride on the exploration front, but companies looking to beef up in size or

Full story...
Minews Story: July 17, 2008

Ormonde Beats A Path Towards Tungsten Production, But Still Holds Out Hope For Copper And Gold From La Zarza

Fraser Gardiner gets onto the phone after Ormonde’s most recent fundraising to explain just exactly what the latest is with the Irish-based, Spanish-focussed development company. The new money, £1.36 million raised in a placing

Full story...

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Forum Uranium Corp.

Forum Acquires 100% Interest In Highrock Lake Claim, Athabasca Basin, Saskatchewan

Jul 24, 2008

Geologix Explorations Inc.

San Agustin Step Out Drilling Intersects Significant Mineralization to a Depth of 417 metres

Jul 24, 2008

RED ROCK RESOURCES PLC

Investment in Africa China Mining Corporation

Jul 24, 2008

Medusa Mining Limited

QUARTERLY ACTIVITIES REPORT

Jul 24, 2008

Firestone Ventures Inc.

Firestone Ventures Intersects 4.00 Metres of 16.15% Zinc and Expands Area of High-Grade Zinc Mineralization at Torlon Hill

Jul 24, 2008

Moly Mines Limited

IRON ORE AT SPINIFEX RIDGE

Jul 24, 2008

MARIANA RESOURCES LTD

La Borita Geophysical Survey Results

Jul 24, 2008

Chromex Mining PLC

Commences Production at Stellite Chrome Mine Following Completion of Acquisition

Jul 24, 2008

Minerva Resources Plc

Drilling Contract - Kyrgyzstan

Jul 24, 2008

African Diamonds PLC

Developments on the AK6 diamond deposit, Orapa, Botswana

Jul 24, 2008

Northern Iron Limited

Award of Mine Fleet Supply Contracts and Fleet Finance

Jul 24, 2008

Gindalbie Metals Limited

Quarterly Report - June 2008

Jul 24, 2008

ADAMUS RESOURCES LIMITED

New Discovery at Bokrobo

Jul 24, 2008

Vulcan Resources Limited

Vulcan Quarterly Report Released

Jul 24, 2008

HILLGROVE RESOURCES LIMITED

Further Copper-Gold Mineralisation Intersected

Jul 24, 2008

International Barytex Resources Ltd.

International Barytex Resources Ltd. Retains CoMo Investment Solutions Inc.

Jul 23, 2008

Acero-Martin Exploration Inc.

Acero-Martin Announces Update On Pinaya Drilling Program

Jul 23, 2008

Axmin Inc

AXMIN Reports High Grade Intersections at Kofi Project, Mali

Jul 23, 2008

Carpathian Gold Inc.

CPN In-fill & Delineation Drilling on the Rovina Porphyry, Romania

Jul 23, 2008

European Goldfields Limited

Definitive Feasibility Study Demonstrates Certej Project Viability

Jul 23, 2008