JUNIOR MINING

TARGET SHARE PRICE CUT 46%

Haywood concerned on Crystallex’s increased Las Cristinas gold project risks

Thursday , 20 Nov 2008
“Increased risk associated with a project in an already risky situation” has prompted Haywood Securities to cut its target for Crystallex shares by 46%.
SOFTER TAX BLOW

Teal now expects more copper from Konkola North

Monday , 17 Nov 2008
Teal Exploration and Mining says it won't be surprised if its Konkola North project in Zambia could produce around 40,000t of copper a year. Meanwhile, its exploration in the south of Konkola is pointing to a larger mine.
$88M LOSS 3Q08

Ivanhoe threatens to cut Oyu Tolgoi spending, citing lack of progress

Monday , 17 Nov 2008
Fed-up with one year of delays by the Mongolian Parliament concerning ratification of an investment agreement, Ivanhoe is threatening to significantly cut spending on the massive Oyu Tolgoi joint venture.
REVIEW PROCESS STARTED

Central African Gold seeking its future

Thursday , 13 Nov 2008
Gold junior CAG’s new CEO Roy Pitchford speaks a few words on taking the cash-poor company forward.
CASH PRESERVATION FOCUS

Great Basin Gold shapes up to survive the carnage

Wednesday , 12 Nov 2008
CEO Ferdi Dippenaar says the company will still deliver its Hollister and Burnstone projects on time.
PILBARA HINTERLAND MINERALS

Copper/tungsten/gold tenement bears fruit for junior as Newcrest moves in

Friday , 07 Nov 2008
Red tape that stretched over nine years on a large tenement application in Western Australia’s Pilbara hinterland provided a reward for patience for junior explorer Mt Burgess Mining NL this week.
JUNIOR FOCUS

Making a silver Impact in Mexico

Thursday , 06 Nov 2008
A look at Impact Silver Corporation which controls a huge mineral concession area in Central Mexico, has small-scale profitable mining operations and a major ongoing exploration programme in one of Mexico’s most beautiful historic mining districts.
INCREASING VALUATION GAP

Canadian analysts pick likely junior mining acquisition targets

Friday , 31 Oct 2008
Big miners are biding their time with respect to takeover targets in the junior mining sector, but analysts believe a number of stocks are ripe for plucking.
PLATINUM ON EDGE

What's junior platinum developer Wesizwe up to?

Tuesday , 28 Oct 2008
Wesizwe's intriguing suggestion is that its ZAR 5.6bn (USD 530m) platinum mine proposal may be taken out of the freezer box. How it proposes to do this should be forthcoming in about a week's time.
ANGLO AMERICAN STAKE

Australian explorer hits high grade PGMs in Canada's Thunder Bay North

Tuesday , 28 Oct 2008
An Australian explorer with a strong focus on the Thunder Bay region of Canada for platinum group metals and related nickel mineralisation has produced wide intercepts of high grades in its current campaign.
JIAOJIA GOLD MINING STRIP EXPANDED

Geologists discover major new gold, iron deposits in China's Shandong Province

Tuesday , 28 Oct 2008
A second possibly major gold deposit has been discovered just south of the Jiaojia Gold Mine Strip in eastern China in the Shandong Province.
NICKEL, PALADIUM PRODUCTION AFFECTED

Two Ontario mines will be shuttered due to low commodity prices

Wednesday , 22 Oct 2008
Hard hit by low metals prices, junior mining companies are temporary closing mines and laying off employees.
MOLY FUTURES PLAN COULD HELP FINANCING

Despite credit crisis, Moly Mines must proceed with financing US$852m Spinifex Ridge

Tuesday , 21 Oct 2008
Haywood Securities has rated Moly Mines “SECTOR OUTPERFORM,” with a “SPECULATIVE” risk profile on one of the world’s top 10 moly projects.
HAYWOOD SECURITIES

Vulnerable junior base metals miners forced to delay financings, development

Tuesday , 21 Oct 2008
Haywood Securities is cautious on base metals stocks in the near term, advising that junior base metals equities are extremely vulnerable under current market conditions.
ANALYSIS

Ecuadorian president's tough leadership style scares some foreign mining, oil companies

Monday , 20 Oct 2008
Ecuadorean President Rafael Correa plays hard ball with foreign oil and mining companies, but within the limits of reality.
‘BULLISH ON METALS PRICE IN THE LONG TERM’

In spite of global slowdown, NovaGold is hitting benchmarks on several projects

Friday , 17 Oct 2008
As NovaGold makes the transition from gold explorer to producer this quarter at Rock Creek, Nova management says they have achieved a number of important milestones in spite of the current economy.
HISTORIC PROPERTY

UK Copper/lead/zinc project sale negotiations ceased

Tuesday , 14 Oct 2008
LSE quoted Angelsey Mining reports negotiations have ceased over the sale of its historic Parys Mountain property in Wales, UK.
OFFICIALS SAY PROJECT STILL ALIVE

Gold Reserve cuts back on Brisas start-up production

Monday , 13 Oct 2008
As Gold Reserve still awaits the final approval for the Brisas gold project, the company has cut down on its plans for initial production.
MORE ENERGY CAPACITY NEEDED

4.2m tonnes of nickel reserves could transform Burundi's economy

Wednesday , 08 Oct 2008
Officials say nickel resources could transform Burundi's economy, which now relies mostly on coffee and tea exports.
NO TAKINGS COMPENSATION AFTER $70M LOSS

After 17 years of fighting, Atna finally throws in the towel on Seven-Up Pete gold venture

Wednesday , 08 Oct 2008
One of the best known, longest and most costly fights over a U.S. mining project in recent memory has finally come to an end after the U.S. Supreme Court said it will not hear the Seven-Up Pete gold venture case.
ANALYSIS

Cash positions in credit crisis concern many junior miners

Monday , 06 Oct 2008
Capital preservation and cash positions are superseding drilling results and production timetables as critical topics in junior miner and explorer conference presentations.
TORONTO RESOURCE INVESTMENT CONFERENCE

Fall in numbers of junior miners and explorers expected

Sunday , 05 Oct 2008
With the TSX Venture Exchange composite index down over 50 per cent since June, analysts expect a major shake-out in the junior mining and exploration sector with only the strong surviving.
‘BOTTOM FISHING OPPORTUNITY’

Credit crisis make precious metals juniors prime acquisition targets

Friday , 03 Oct 2008
“Cash is now king and grassroots exploration is ill-advised until market sentiment improves,” Haywood Securities warned junior mining sector investors. Nevertheless, Haywood views current valuations “as a fishing opportunity.”
CASH IS KING

Junior miners' shares tumble along with general market weakness - predators circle

Monday , 29 Sep 2008
The junior mining sector is in the worst position its been in in recent history as funds are depleted and capital raising seems impossible, but those with cash and access to funds are left in a strong position for high quality acquisitions.
WINDFALL PROFITS TAX OF CONCERN

Ecuador takes control of more mining concessions, Petrobas oil field

Tuesday , 23 Sep 2008
As Ecuador awaits the outcome of national elections scheduled next month, the country's Ministry of Mines and Oil is continuing to withdraw both mining and oil concessions.
NEVADA EXPLORATION SURVEY 2007

Nevada government survey projects $800.9m in global exploration in 2008

Monday , 22 Sep 2008
The Nevada Commission on Mineral Resources says favorable geology and high commodity prices drew the majority of U.S. hardrock exploration dollars to the Silver State in 2007, which is projected to increase again this year.
NEVADA’S SPRINGER TUNGSTEN COMPLEX

First new U.S. tungsten project in years falls victim to financing woes

Thursday , 18 Sep 2008
After the last domestic tungsten mine ceased production years ago, U.S. tungsten mines and mills have been idle. The glimmer of hope for a new tungsten mine in Nevada has been extinguished for now.
INVESTOR HUB: Gold / Copper

   


TOP STORIES

WILL LEAVE DECEMBER 15

COO resigns from Teck as debt repayment plans unveiled

Saturday , 22 Nov 2008
Teck Cominco's Chief Operating Officer has resigned as the company unveils plans to pay off its Fording Coal purchase debt
More 

FAST NEWS

PREPARED FOR PRICES TO FALL TO $2,800/TONNE

Kazakhmys can cope with low copper prices 

MOLYBDENUM PRICES

Molymet forecasting $10 per lb in 2009 

NEW MINE SAFETY LAWS

SA holds CEOs accountable for deaths 

WORLD GOLD COUNCIL

Q4 gold demand to stabilise at 843 tonnes  

TALKS TO START IN THE NEW YEAR

Southern Copper wants to sell direct to Asia 

RIO TINTO’S PLANT IN ANGLESEY, WALES

UK aluminium smelter at full output by end-Nov