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STOP PRESS:

Minesite News headlines January 10, 2009

Minews Story: January 10, 2009

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent for a look at how the Canadian markets performed over the past week.

CC. Despite a continuing stream of bad economic news, investors elected to dump gold-related stocks and buy

Full story...
Minews Story: January 09, 2009

Watermark Global Aims To Turn Acid Mine Drainage Into Drinking Water: Even The Greens Can’t Argue With That Idea

South Africans have a few days yet before they are back at their desks, but in anticipation Minews thought it might be a good moment to take a look at Aim-traded Watermark Global, a company which should have a busy 2009.

Full story...
Minews Story: January 08, 2009

To Slow Down Or To Charge Forward? – That’s The Question Now Facing Starfield Resources

The next fortnight is an important one for Canadian-focused and Toronto-listed Starfield Resources. In that time the directors will review the third quarter financials due to be published next week and plot a path forward for

Full story...
Minews Story: January 08, 2009

Capstone Mining Motors On In The Copper Space, With A Strong Hedge Book Driving The Engine

Not too long after the closure of the merger deal between Capstone and Sherwood Copper at the back end of last year, Minesite took the opportunity to have a chat to Mark Patchett of Capstone to find out how it had all gone. The

Full story...
Features: January 07, 2009

Simply Waiting Drinking Tea With Honey: Oleg Mitvol, The Sometime Notorious Russian Mining Regulator, Prepares For Battle With His Own Ministry

Oleg Mitvol, Russia's well-known mining regulator and gadfly to Aim-traded stock values, has filed a half-dozen lawsuits in Moscow, challenging the terms of his removal from his functions. And he appears to have Deputy Prime

Full story...
Minews Story: January 07, 2009

Triple Plate Junction Does A Good Deal With Newmont in PNG, But The Zambian Venture Looks A Loser

Aim-traded Triple Plate Junction is one of those odd companies that manages to survive in the nether world below the radar screens of investors. It does not appear deliberately to avoid comment and contact, but that is what it

Full story...
Minews Story: January 07, 2009

Minera IRL Is Riding High After A Stellar Performance In 2008, And Is Now On The Hunt For Deals

Far be it from Minesite to spread gratuitous compliments around the place, but when we ran into Courtney Chamberlain a little while ago, we felt compelled to mention that his company, Minera IRL, was recently referred to by a

Full story...
Minews Story: January 07, 2009

Chromex Keeps Its Head Above Water With New Plans For The Stellite Chromite Mine

What’s it like in the chrome business at the moment? Anyone who’s followed the ups and downs of International Ferro Metals (IFM) over the last couple of years will by now have some idea that all is not currently rosy. John Meyer

Full story...
Minews Story: January 06, 2009

Weatherley International Transforms Its Potential With A Series Of Deals In The Last Days Of 2008

During the last few days of each year Minews keeps a sharp eye out to see if any companies land a bit of bad news on the market in the hope that no one will notice. This year Weatherley International came out with a press release

Full story...
Minews Story: January 06, 2009

Vatukoula Gold Mines Marches On Towards Profitability In Fiji, With One Eye On Working Capital

Why did Dave Paxton leave a perfectly good job at Hichens Harrison to join a company that’s currently rehabiliating an ageing Fijian gold mine? One reason among many might be the 50 million options at 2p per share that he was

Full story...
Minews Story: January 06, 2009

Australia Looks Better Poised Than Most Other Western Economies For Recovery In 2009

Perhaps it’s the sun which sets Australians apart from their British cousins, both in pallor and confidence. While many Brits can only see gloom and doom as they struggle through a freezing northern winter, Aussies are frolicking

Full story...
Commodities: January 05, 2009

Commodities Outlook For 2009: The Developing World Is Still In Growth Mode, Just

If we learnt one thing from 2008 it was that making forecasts is a mug’s game. Even the most bearish bears did not predict the mayhem that infected the financial markets in 2008 and clobbered the base metals in the process. On

Full story...
Minews Story: January 05, 2009

Awakening A Giant: Marengo Mining Plugs Away At Yandera In Papua New Guinea

“We’re quietly confident that there’s a world out there that still needs metals”. So says Les Emery, managing director of Marengo Mining. Let’s hope he’s right, for his sake as well as ours, because at the Yandera

Full story...
Minews Story: January 03, 2009

Only Five Risers Overall, And Most Of The Rest Lost A Lot: That Was The Year That Was ... In London

2008 was an extraordinary year in London’s stock market for a whole host of reasons, but possibly the overwhelming impression the year left us with was the speed and intensity with which the global economy went from boom to bust.

Full story...
Minews Story: January 03, 2009

That Was The Week That Was … In Canada

Minews. Now over to our Canadian Correspondent for a look at how the Canadian markets performed over the past week.

CC. The Canadian Markets ended 2008 and started 2009 in rebound mode after receiving a pummeling during the tax

Full story...

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