(4 July 2008)
BEADELL Resources’ plans to acquire the Cracow gold mine have died in the water, a victim of “prevailing market conditions”. - more
| MNP Audio
 | | | Breaking News
(4 July 2008)
THE world’s largest miner BHP Billiton has announced that it has negotiated iron ore price increases with China’s Baosteel. - more
(4 July 2008)
THE handing down of the draft Garnaut report into climate change today signals the beginning of serious efforts by Australia to curb carbon emissions, which has recommended a broad emissions trading scheme across industries. - more
(4 July 2008)
THE local bourse got loose from the noose today, regaining ground after a week-long losing streak. - more
(4 July 2008)
MINARA Resources has released its first post-Varanus production report and despite the interruption to its gas supply the nickel miner has managed to produce some 7268 tonnes of nickel in the three months to June, a drop of only 4.3% from the previous quarter. - more
(4 July 2008)
DIVERSIFIED explorer Mawson West has boosted its coffers to the tune of $A7 million to fund ongoing drilling of the Kapulo project on the border of Zambia and the Democratic Republic of Congo. - more
(4 July 2008)
BEADELL Resources’ plans to acquire the Cracow gold mine have died in the water, a victim of “prevailing market conditions”. - more
(4 July 2008)
GOLD Coast billionaire Clive Palmer plans to create a major Australian diversified resources group and will list the new company on the Hong Kong and Australian stock exchanges later this year.
- more
(4 July 2008)
ALMOST 300 people have signed up online for the chance to meet a mining man. Kellie Guest reports on the latest innovation in FIFO dating and the social effects of the long-distance lifestyle. - more
(4 July 2008)
AUSTRALIAN coal producers' close ties to Asian customers and Australia’s proximity to the region will save it from a major slump in coal prices, according to industry observers, despite yesterday's drop in the Newcastle thermal coal spot price on the back of a 20% fall in spot prices in Europe. - more
(4 July 2008)
MURCHISON Metals still says its merger with Midwest Corporation will deliver more value to shareholders than Sinosteel’s rival takeover bid – despite Murchison’s share price slipping from $A4.43 to below $3 since details of the merger plan were revealed. - more
(4 July 2008)
A FIVE-day geoscience conference will be held in Perth later this month and measures to combat oil and mineral shortages now and in the future will be a key issue under discussion. - more
(4 July 2008)
NATIONAL Australia Bank has predicted some resources – iron ore, copper and aluminium – will continue to command record prices until at least 2010.
- more
(4 July 2008)
BHP Billiton has overcome an American anti-trust regulatory hurdle, further easing its takeover bid for Rio Tinto. - more
(4 July 2008)
INDUSTRY groups say that the mining sector’s strong commitment to training and education programs needs to be matched at state and federal government levels. - more
(4 July 2008)
PERTH junior Red Hill Iron, which listed on the Australian Stock Exchange only in February, 2006, is successfully mixing it with the big boys as a significant partner in the latest multi-billion dollar iron ore project. By Charles Amery - RESOURCESTOCKS*
- more
(4 July 2008)
POSEIDON Nickel’s share price, like the rest of the resources sector, has had two difficult sessions but the company was still trading at a healthy $A1.125 this morning after releasing some solid nickel hits from the Denny Bore prospect. - more
(4 July 2008)
FORTESCUE Metals Group is selling iron ore to customers at Rio Tinto’s contract prices but the miner is staying mum on media reports about a potential asset spin-off. - more
(4 July 2008)
FRONTIER Resources says it will look at an out-of-court settlement with the PNG Government for not renewing its exploration licence over the Kodu deposit, but the company has appealed to the Australian Government for help over the issue of compensation. - more
(3 July 2008)
THE Foreign Investment Review Board has knocked back Chinese steel company Shougang Holding’s proposed $A4.5 million placement with Prosperity Resources.
- more
(3 July 2008)
PERTH-based Empire Resources has signed a memorandum of understanding with Apex Minerals over potential development of the Yuinmery copper-gold deposit.
- more
(3 July 2008)
THE Australian stock market today plunged to its lowest level in two years, dropping below 5000 points as the resource sector tumbled. - more
(3 July 2008)
LAWYERS acting for Beaconsfield Gold have appealed for the coronial inquest into the death of Beaconsfield miner Larry Knight to be abandoned. - more
(3 July 2008)
INDONESIAN company PT Antam has signed a deal with mid-tier miner Oxiana that could see the government-backed company buy 25% of Oxiana’s Martabe mine for more than $US133 million ($A138 million).
- more
(3 July 2008)
THE Rudd Government’s reforms to the 457 visa program will see employers who are forced to look overseas to fill vacancies created by the chronic skills shortage face higher costs and further regulation, according to business groups. - more
(3 July 2008)
INTERNATIONAL Goldfields and partner Nkwe Platinum today reported a resource increase of more than 45% at the Tubatse platinum joint venture in South Africa.
- more
| Commodities

|
| Copper - Cash |
|
8826.00 |
-74.00 |
-0.83 |
8900.00 |
| Copper - 3Mth |
|
8645.00 |
-75.00 |
-0.86 |
8720.00 |
| Lead - Cash |
|
1586.00 |
-94.50 |
-5.62 |
1680.50 |
| Lead - 3Mth |
|
1610.00 |
-95.00 |
-5.57 |
1705.00 |
| Zinc - Cash |
|
1757.50 |
-81.00 |
-4.41 |
1838.50 |
| Zinc - 3Mth |
|
1783.00 |
-82.00 |
-4.40 |
1865.00 |
| Aluminum - Cash |
|
3136.25 |
-17.00 |
-0.54 |
3153.25 |
| Aluminum 3Mth |
|
3184.00 |
-16.00 |
-0.50 |
3200.00 |
| Nickel - Cash |
|
20702.00 |
-298.00 |
-1.42 |
21000.00 |
| Nickel - 3Mth |
|
20850.00 |
-300.00 |
-1.42 |
21150.00 |
| Tin - Cash |
|
22880.00 |
-220.00 |
-0.95 |
23100.00 |
| Tin - 3Mth |
|
22850.00 |
-250.00 |
-1.08 |
23100.00 |
| Gold - Aug 08 |
|
933.60 |
-12.90 |
-1.36 |
946.50 |
| Silver - Jul 08 |
|
18.29 |
-0.05 |
-0.28 |
18.34 |
| Copper - Sep 08 |
|
394.90 |
-11.45 |
-2.82 |
406.35 |
| Platinum - Oct 08 |
|
2030.40 |
-46.60 |
-2.24 |
2077.00 |
| Palladium - Sep 08 |
|
462.95 |
-7.05 |
-1.50 |
470.00 |
| Gold (AM Fix) |
|
939.75 |
4.50 |
0.48 |
935.25 |
| Gold (PM Fix) |
|
934.00 |
-1.25 |
-0.13 |
935.25 |
| Silver (Fix) |
|
9.18 |
-0.01 |
-0.09 |
9.18 |
| WTI Spot |
|
145.31 |
1.57 |
1.09 |
143.74 |
| Light Crude - Aug 08 |
|
145.29 |
1.72 |
1.20 |
143.57 |
| $A/$US |
|
0.9602 |
-0.002 |
-0.20 |
0.9621 |
| STG/$US |
|
1.9837 |
-0.009 |
-0.45 |
1.9927 |
| Euro/$US |
|
1.5705 |
-0.0176 |
-1.11 |
1.5881 |
| Euro/$A |
|
1.6357 |
-0.0152 |
-0.92 |
1.6509 |
| TABLE: Friday, July 4 2008, 12:30AM GMT
Most Popular Stories
(4 July 2008)
ALMOST 300 people have signed up online for the chance to meet a mining man. Kellie Guest reports on the latest innovation in FIFO dating and the social effects of the long-distance lifestyle. - more
(4 July 2008)
BEADELL Resources’ plans to acquire the Cracow gold mine have died in the water, a victim of “prevailing market conditions”. - more
(4 July 2008)
NATIONAL Australia Bank has predicted some resources – iron ore, copper and aluminium – will continue to command record prices until at least 2010.
- more
(4 July 2008)
GOLD Coast billionaire Clive Palmer plans to create a major Australian diversified resources group and will list the new company on the Hong Kong and Australian stock exchanges later this year.
- more
(30 June 2008)
IF ANDREW Forrest ever listed himself on the Australian Securities Exchange he would rank 24th, bigger than Brambles and almost as big as the AMP or Macquarie Bank. And yes, Dryblower is talking about one man versus entire corporations – an interesting thought to bring the 2007-08 financial year to a close. - more
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