Dirt cheap
May 15 - 21, 2013
WHAT exactly complete market capitulation looks like is a tough question to answer but clues can be seen in the treatment being savagely meted out to Gryphon Minerals (ASX: GRY).
Dancing to the same tune
April 17 - 23, 2013
A RAY of light for Sundance Resources, or just another false dawn? That’s the rhetorical question to be posed following International Mining and Infrastructure Corp’s (IMIC) attempted takeover of Afferro Mining, whose Nkout project is within 150km of Sundance’s Mbalam project.
West African risk back in focus
April 10 - 16, 2013
Amara Mining has been given a solid thumbs-up from a London investment bank based on its organic growth profile, which it says comfortably outweighs the political risk concerns across the portfolio. Whether the market will agree with this assertion is questionable.
Better deal space lands Plymouth in right Zambia location
April 3 - 9, 2013
MORE “realistic” vendors are appearing in the current market malaise, according to Adrian Byass, whose company Plymouth Minerals this week cut a deal that takes it from rare earths in Greenland to copper in Zambia.
Triton looks for status in nice neighbourhood
March 20 - 26, 2013
MARCH 22: IN THE fast moving world of markets and spivvy equity promotion, graphite might already seem a bit old hat, but in the real, modernising world, companies like Triton Minerals claim a long term structural increase in demand for the material will ensure those that have classy deposits of the stuff will well and truly prosper.
Rich, capable … still on the outer
March 6 - 12, 2013
PROOF that stocks must do penance for perceived past sins can be seen in the case of Ampella Mining, which reported a solid resource update this week to an apparently completely uninterested market.
The business end
February 27 - March 5, 2013
AT A time when the challenges in front of South African platinum producers are at a historic high, everything seems to be falling into place for AIM-listed junior, Jubilee Platinum. It’s a hard won result for a company that has prioritised business ahead of exploration alone.
New resource(s) to boost Kasbah
February 27 - March 5, 2013
EMERGING tin equity Kasbah Resources is hoping to have another win with recently found shallow mineralisation at its Acchmach project in Morocco, mineralisation that could prove very handy in the early months of the proposed underground mine.
Inata's ugly truth hard to hear
February 20 - 26, 2013
LAST week’s revelation that close to a million ounces of gold had been swiped from the Avocet reserve base at its flagship Inata mine in Burkina Faso had a predictable effect on the junior’s share price. And while Avocet deserved some heat over the numbers, the relatively new chief executive should have been given more credit for his conservative approach.
New boss looks to right Mawson course
January 30 - February 5, 2013
COPPER miner and developer Mawson West had a bad year in 2012, meaning 2013 is a critical one. New managing director Bruce McFadzean’s word for the year is “delivery”.
Here's one that just might work
January 30 - February 5, 2013
DAVID Frances readily admits his eyes have a tendency to glaze over and his mind to start wandering when people talk about iron ore, with capex requirements often in the billions the cause of Frances’ disinclination. But in this case the ex-Mawson West executive sees a much simpler, far less capital-onerous opportunity.
Tiger keeps debt on standby
January 23 - 29, 2013
ALL things being equal, Tiger Resources claims it won’t be making its way to the bank to access a $US80 million debt facility offered by South African bank Nedbank for the Kipoi copper project in the Democratic Republic of Congo. In other words, the company’s previously stated strategy remains intact – albeit with some handy insurance now in place.
Friedland reflexes, and instincts, still sound
December 12 - 18, 2012
THE prize for the brashest, jauntiest, hyperbole-laden presentation at the recent Mines and Money conference in London was a no-contest. Will Robert Friedland’s Ivanplats live up to the hype in 2013? We’ll find out soon enough, according to the man himself.
Energio on the move
December 5 - 11, 2012
SOME of the numbers and dates possibly worth keeping in mind for those with (or considering) an investment interest in Nigerian iron ore-focused Energio (ASX: EIO) include 23, 28 and February-March 2013.
South Boulder on the back foot
December 5 - 11, 2012
SHAREHOLDERS of Eritrean-focused potash hopeful South Boulder Mines (ASX: STB) would have taken scant comfort in the famous Rudyard Kipling-quote about triumph and disaster adorning the grandstand at the Kings Park Tennis Club in Perth, Western Australia, below which they met last week for the company’s AGM.
A cap on positive sentiment
November 7 - 13, 2012
WHILE A-Cap Resources executives presumably don’t have great expectations about the latest positive steps in Botswana lighting up the company’s share price – or even the dark recess into which it seems to have fallen – they most certainly do believe one of southern Africa’s next significant energy projects can’t stay off the grid for too much longer.
Changing fortunes
November 7 - 13, 2012
NOVEMBER 5: THERE are perhaps some key indicators any long term investor or shareholder concerned about sovereign risk but keen on exposure to companies with promising projects in difficult jurisdictions (as per some parts of Africa, for example) should ascertain from the board of the company in question.
Guinea bauxite play makes funding case
November 7 - 13, 2012
BEING still in private hands, there are parts of the emerging Alliance Mining Commodities story that CEO Bob Adam doesn’t need to talk about openly at this point. Still, the completion of the definitive feasibility study on its bauxite project in Guinea does fill in more of the picture and possibly enough to get fans of the commodity’s longer-term narrative more than a little interested in future developments.
IMX confident of bright future for Ntaka Hill
October 24 - 30, 2012
THOUGH looking very much like a venture that only true believers could get excited about, IMX Resources (IXR) is adamant a nickel project in Tanzania featuring far-from-inspiring headline grades does in fact potentially constitute a very promising, long life development. And, it claims, the majors of the nickel world are well aware of that potential.
Peak raises hopes
October 24 - 30, 2012
AS MORE greenfields and brownfields mining projects get the chop, many industry suppliers are increasingly anxious to hear about the “quality projects” that continue to attract development funding and, hopefully, remain on course for a prosperous future. Austmine members may have left a briefing in Perth this week believing Peak Resources’ Ngualla rare earth project in southern Tanzania will make the grade.
