[95 - Showing Results 1 to 30]

DeGrussa’s rapid transformation Exclusively for Premium Subscribers (Friday, 10 August 2012) A LOT can happen in a year. That’s what Kristie Batten found out as she revisited Sandfire Resources’ DeGrussa project a year on. Full Story...

UBS grabs 5% stake in Silver Lake (Friday, 10 August 2012) UBS AG, the Swiss-based financial services provider, has taken a 5% stake in Australian gold producer Silver Lake Resources. Full Story...

Boom town talks of slow down (Friday, 10 August 2012) A SECOND opinion survey has emerged in the aftermath of Diggers and Dealers this week with nearly 50% of delegates revealing a slowdown in the Australian mining boom is imminent. Full Story...

Diggers over for another year Exclusively for Premium Subscribers (Thursday, 9 August 2012) AS THE mining industry nurses a massive hangover, MiningNews.net editor Kristie Batten takes a look back at Diggers & Dealers 2012. Full Story...

Louden joins list of luminaries (Thursday, 9 August 2012) GEOFF Louden was the recipient of the GJ Stokes Memorial Award at Diggers & Dealers last night, with other winners including Hancock Prospecting and Sandfire Resources. Full Story...

Lougher looking forward to good times (Thursday, 9 August 2012) THE nickel market is showing signs of bottoming and Western Areas, Australia’s third-largest nickel producer, is ready for the looming upswing, managing director Daniel Lougher told the Diggers & Dealers conference in Kalgoorlie yesterday. Full Story...

Benson bullish on Casposo (Thursday, 9 August 2012) TROY Resources expects the mine life of its flagship Casposo gold-silver project in Argentina to extend beyond its estimated six years, managing director Paul Benson told the Diggers & Dealers conference in Kalgoorlie. Full Story...

Meaty new chapter for Sunrise Dam (Wednesday, 8 August 2012) ANGLOGOLD Ashanti chief executive Mark Cutifani believes the Sunrise Dam gold mine could produce up to 400,000 ounces per annum for the next 20 years. Full Story...

Panoramic punts on PGM (Wednesday, 8 August 2012) WHILE nickel has proven a great success for multi-commodity mid-cap Panoramic Resources despite the commodity’s diving price, the company has confidence its aggressive moves into platinum group metals will pay off. Full Story...

Endeavour still on acquisition hunt (Wednesday, 8 August 2012) IT HASN’T even sealed its friendly takeover bid for Canada-based Avion Gold Corporation but Endeavour Mining Corporation has already expressed its intention to make more acquisitions – although it will be staying away from Australia-listed companies exploring in west Africa. Full Story...

No one will pay MRRT: Power (Wednesday, 8 August 2012) FORTESCUE Metals Group chief executive Nev Power says with the current low iron ore prices he doesn’t expect any iron ore producer will pay the Minerals Resource Rent Tax. Full Story...

We’ve come a long way in PNG: Barrick (Wednesday, 8 August 2012) AFTER facing a public relations nightmare at its Porgera mine last year, Barrick Gold Australia-Pacific president Mike Feehan says the company has learned a lot about operating in Papua New Guinea. Full Story...

Beament pumped about Paulsens Exclusively for Premium Subscribers (Wednesday, 8 August 2012) PAULSENS gold mine will virtually turn into a “fresh asset” next year as Northern Star Resources puts a number of measures in place to extend the mine life and maybe even launch the company into ASX Top 200 status by the next quarter. Full Story...

Beament pumped about Paulsens Exclusively for Premium Subscribers (Wednesday, 8 August 2012) PAULSENS gold mine will virtually turn into a “fresh asset” next year as Northern Star Resources puts a number of measures in place to extend the mine life and maybe even launch the company into ASX Top 200 status by the next quarter. Full Story...

Kalgoorlie voters ‘dig’ gold (Wednesday, 8 August 2012) AN opinion survey floating across the Diggers and Dealers forum has revealed gold will be the hottest commodity in the next year according to nearly 70% of respondents. Full Story...

Endeavour pounces on Avion in $370M deal (Wednesday, 8 August 2012) DUAL-listed gold miner Endeavour Mining Corporation has made a $C389 million ($A370 million) takeover bid for Avion Gold Corporation, which will pave the way for Endeavour to become a 300,000 ounces per annum gold producer. Full Story...

Intrepid’s white knight the key to Tujuh Bukit (Wednesday, 8 August 2012) WHILE Intrepid Mines chief executive Brad Gordon admits the company has still not made contact with its Indonesian joint venture partners since its flagship Tujuh Bukit project was shut down last month, he is confident the company’s new shareholder will help to resolve the issue. Full Story...

Australia’s got a friend in Barrick (Wednesday, 8 August 2012) DESPITE a lot of talk around Australia’s attractiveness as an investment destination, Barrick Gold’s main man in the region says he finds it to be a low-risk environment and the company has a bright future down under. Full Story...

Independence dodges nickel bullet (Tuesday, 7 August 2012) WHILE up to half the world’s nickel miners are not making any money at the moment, Independence Group managing director Chris Bonwick says his company is still earning good margins because it is blessed with high nickel grades at the Long mine. Full Story...

Challenger a bit more challenging: Kingsgate (Tuesday, 7 August 2012) KINGSGATE Consolidated has given its underperforming Challenger gold mine in South Australia six months to improve and has revealed a loss of key staff to major bulk commodity projects had contributed to setbacks at the mine. Full Story...

Nautilus concerns could come to naught (Tuesday, 7 August 2012) WITH the re-election of Papua New Guinea’s prime minister last Friday and a cabinet to be appointed this week, new life has been breathed into Nautilus Minerals’ aspirations to have its historic copper-gold offshore project in production by 2014 after a dispute with the government threatened to delay the project. Full Story...

We have to adapt: Newmont (Tuesday, 7 August 2012) NEWMONT Mining’s local boss said all mining companies were struggling with high costs in Australia, but it was important the issue had been brought to the forefront of industry commentary. Full Story...

The only way is up: Moore (Tuesday, 7 August 2012) NICKEL’S relentless plunge must turn around or it will threaten the world’s supply, Mincor Resources managing director David Moore said on the sidelines of the Diggers and Dealers conference in Kalgoorlie last night. Full Story...

Focus on growing Burtville resource (Tuesday, 7 August 2012) GOLD producer Focus Minerals has increased its mineral resource by 140% at Burtville in the Laverton gold project in Western Australia, boosting confidence the site may contribute to production in the next year. Full Story...

M&A action ahead: Klein (Tuesday, 7 August 2012) EVOLUTION Mining executive chairman Jake Klein says consolidation will be a theme in the gold sector and his company will be playing a major part. Full Story...

Brazil, Tucano excites Beadell (Tuesday, 7 August 2012) WITH the first gold pour at Beadell Resources’ Tucano gold project expected within two months, company chairman Peter Bowler has touted its potential to be Brazil’s second largest gold mine. Full Story...

Trafford grabs more Gawler gold (Tuesday, 7 August 2012) A SLICE of South Australia’s highly prospective Gawler Craton has changed hands, with Trafford Resources buying a 51% share in a joint venture with Kingsgate Consolidated to advance gold exploration in South Australia. Full Story...

Goldfields producers ink ‘iconic deal’ (Monday, 6 August 2012) ON THE eve of Diggers & Dealers, two of the Goldfields’ leading gold producers bedded down a major deal which stole the show on the first day. Full Story...

Cliffs primed for more success (Monday, 6 August 2012) IRON ore and coal major Cliffs Natural Resources president Joseph Carrabba says the company’s strong balance sheet and growth strategy will help it ride out the current volatility in the global market. Full Story...

Hot Chili forges ahead with Productora (Monday, 6 August 2012) COPPER explorer Hot Chili has used this year’s Diggers and Dealers conference in Kalgoorlie-Boulder to talk up its flagship and fast-advancing Productora project in Chile, with the company outlining plans to triple resources at the copper-gold-molybdenum play within the next 12 months. Full Story...