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UK & European News

Minews Story: March 10, 2010

VANE Minerals Delivers A Maiden Resource On Its Wate Uranium Project In Arizona

After a slightly extended wait, VANE Minerals has finally delivered a maiden 43-101 resource number on the Wate breccia pipe in Arizona, jointly owned with Uranium One. Work undertaken by SRK shows Wate to contain an inferred

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Minews Story: March 10, 2010

Conroy Moves To A Scoping Study At Clontibret, As The Nearby Clay Lake Target Starts To Show Real Promise

“There was quite a buzz about”, says Professor Conroy, fresh of the plane from a successful PDAC. “Toronto”, he elaborates, “is very much the centre of the mining world”. Out there, he says, people make a point of commenting when

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Minews Story: March 09, 2010

Beowulf Gets Down To Some Serious Work On The Economics Of Its Swedish Iron Ore Projects

The speculation about the future iron ore price goes on. No sooner has no less an institution that Nomura put out a note saying that it expects iron ore prices to increase by 70 per cent, than analysts across town bid the rise up

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Minews Story: March 09, 2010

Party Like It’s 2007: At The 2010 PDAC

Individuals that make their living in the mineral resource sector are well aware of the dramatic volatility that comes with the run-of-the-mill commodity cycle. So, in theory the quick bounce back from the 2008-2009 commodity

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Minews Story: March 08, 2010

Kenmare Raises £180 Million At A Heavy Discount For Expansion At The Moma Titanium Project In Mozambique

The markets knocked around 40 per cent off the value of Kenmare's share price at the end of last week, and not without reason. The discount on the company's latest fundraising was on the severe side - yep, you guessed it, of the

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Minews Story: March 08, 2010

Elemental Minerals Could Be Sitting On A Company-Making Potash Deposit In Congo-Brazzaville

Before we get too deeply into the details of ASX-listed Elemental Minerals and its operations at the Sintoukola potash project in the Republic of Congo, one thing has to be made quite clear. The Republic of Congo is NOT the

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Commodities: March 07, 2010

Look To The Australian Economy For A Guide To Sentiment, As Coal And Metals Power Ahead

Cobalt and molybdenum trading has been underway on the LME for two weeks now and by all accounts has made a good start. These minor metals have high values and both are vital constituents for making steels, and especially the

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Minews Story: March 06, 2010

That Was The Week That Was … In London

London's miners enjoyed their best week in terms of stock performance since the start of the year. The FTSE 100 miners gained an average of 10.8 per cent, while the mid and small cap companies ended up 6.5 per cent.

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Minews Story: March 05, 2010

James Picton, Peerless Diamond Analyst

James, who was in his mid-sixties, died on February 11th from cancer. To us, at Minesite, he was always accessible and immensely helpful. Des Kilalea, of Royal Bank of Canada Europe, has written an affectionate account of James

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Minews Story: March 04, 2010

Solomon Gold Has Reduced Its Exposure To Elephant Hunting In Favour Of Generating Cash Flow In Queensland

Nick Mather has been taking a very different Aim-listed Solomon Gold around London this week, with help from John Meyer’s team at Fairfax. Different, that is, from the company that was last here a couple of years ago. At that

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Features: March 04, 2010

Colombia: A New Gold Rush?

For many investors, Colombia remains a grey spot on their mental maps of South America. La Violencia, the 50-year dark age in its recent past, came to an end with the close of the 20th century. But the memories are fresh, and the

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Minews Story: March 03, 2010

Russia’s Eighth Largest Gold Miner, GV Gold, Goes In Search Of New Funds, And, Possibly, New Opportunities Too

In the junior gold mining business, hope springs eternal. So naturally it did, when GV Gold, the Irkutsk-based junior gold miner controlled by Sergei Dokuchayev, entered a recent Moscow miners’ beauty contest to announce a new

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Minews Story: March 02, 2010

Copper Production From Weatherly’s Namibian Mines Should Restart Before The Year End

So, Aim-traded Weatherly International is out of intensive care and embarking on a new, or not so new life as a copper producer in Namibia. The last few months have been no fun for chief executive Rod Webster, but he put his head

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Minews Story: March 02, 2010

Avocet Mining Looks All Set To Become Aim’s Biggest Gold Producer By The Middle Of This Year

By July, if all goes well, Avocet Mining will have become the Aim market’s largest gold miner, as measured in terms of ounces produced, surpassing Cluff, Norseman, Allied, and a host of others. The company announced at the end of

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Minews Story: March 01, 2010

Anglo-Pacific Group Expects To Move Up A League This Year, With A Canadian Listing And More Royalty Purchases

There is no way London listed Anglo Pacific Group can be described as flamboyant, but it comes up with the goodies on a very consistent basis and the fan club is growing. In the recent results for 2009 most forecasts from brokers

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