Minews Story: September 02, 2010
It’s taken longer than management imagined it would, and longer than some shareholders could hold out for, but Sabre Resources has now started preparations for drilling at its highly-promising Kaskara copper, lead, and zinc
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Minews Story: September 02, 2010
“Bizarre”. “Astonishing”. “Jaw-dropping”. All are valid ways of describing the mining conference currently being held this week in the Australian city of Perth. That it’s about mining is not the reason for the excitement in the
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Minews Story: September 01, 2010
Oleg Deripaska, chief executive of Russian aluminium monopoly Rusal, is preparing for a series of presentations to institutional investors in Boston and New York next week, chaperoned by one of his largest creditor banks, BNP
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Minews Story: September 01, 2010
If Marius Kloppers, the young chief executive of BHP Billiton, was expecting a rousing cheer from shareholders over his US$40 billion takeover bid for Canada’s Potash Corporation he will have been rather disappointed. Since the
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Commodities: August 31, 2010
Jim Rogers has been saying it for a long time, but the evidence that he is right has slowly been increasing. Last week the dollar-yen exchange rate hit a 15 year high/low of Y84. That’s only a few cents away from the record Y79.7
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Minews Story: August 28, 2010
Minews. Good morning Australia. How did your market perform in a week when there was no clear indication of who is governing the country?
Oz. Not badly. All the indices were down marginally, but that was largely because of the
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Features: August 27, 2010
The talk of a possible double dip is now common banter on TV investment programs. And indeed, deflationary forces seem to have a stronger grip right now than inflationary ones. So if deflation is the next reality we have to face,
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Minews Story: August 25, 2010
Uranium companies haven’t been having an easy time of it lately, as the uranium price has flatlined for month after endless month at between US$40 and US$45 per pound. Although that’s some way up from lows at which uranium traded
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Minews Story: August 25, 2010
If you really want to frighten Australian gold-stock investor, tell him that your cost of production has topped the magic A$1,000 an ounce mark. That’s what Focus Minerals did in late July, and it knocked 25 per cent off the
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Minews Story: August 24, 2010
On the phone from Australia, Michael Anderson sounds in an upbeat mood. It’s quite a contrast to the sound and fury he was producing in May when he last caught up with Minesite in London, and when the row about the Australian
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Minews Story: August 23, 2010
When a company adds US$14 billion to its mineral inventory from a few months drilling you might reasonably expect investors to get a little excited. The fact that they didn’t when Giralia Resources reported a big resource upgrade
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Commodities: August 23, 2010
Chinese Walls were, and maybe still are, the mythical barriers established in investment banks to prevent the flow of price sensitive information from those departments that know something to those that can make money from
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Minews Story: August 22, 2010
Minews. Good morning Australia, what a mess you seem to have made of your government.
Oz. We certainly have, a classic hung Parliament, perhaps worse than what you went through in the U.K. a few months ago. The good news, from
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Minews Story: August 20, 2010
It’s the Highland Clearances again ... albeit on a rather lesser scale. In both cases no good for Scotland and even less for the people involved. Remember the Highland Clearances which took place back in the late 1700s and early
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Minews Story: August 19, 2010
Having started production in April, Australian gold producer Catalpa Resources is in a healthy financial position - as is the case with many Australian juniors. Not all of them hedged a considerable amount of production at
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