Mount Gibson hunting with the herd
August 25 - 31, 2010
MOUNT Gibson Iron would undoubtedly been an interested onlooker to this week’s $A428 million Xstrata-Sphere deal as the successful Koolan Island iron ore miner tries to grow its business through an acquisition.
Nickel miners must go low
August 25 - 31, 2010
ENSURING you are a low cost nickel miner looks a key strategy for nickel producers given ongoing Chinese developments in the nickel sector.
Watching Avoca output
August 11 - 17, 2010
AVOCA investors are set to keep a close eye this quarter on the gold miner’s production numbers from the flagship Higginsville operation in Western Australia.
Panoramic’s Peter ready to pound pavements
August 4 - 10, 2010
THANKS to his roots Peter Harold has an eye for the sort of stylish and comfortable footware that’s set to come in handy as he begins pounding the CBD pavements in a city near you extolling the virtues of the company he heads, Panoramic Resources.
Panoramic quietly on the move
August 4 - 10, 2010
BOTH Magma Metals and Ampella Mining have got big ticks for their respective projects after Panoramic Resources quietly made significant investments in the two companies.
Tin man talks of golden fortune
August 4 - 10, 2010
WITH tin equities not exactly being thick on the ground globally let alone in the gold and nickel heartland of Kalgoorlie, delegates at the Diggers & Dealers conference this week got a snap lesson in both the commodity and specific prospects of ASX-listed tin junior Kasbah Resources. Not altogether unsurprisingly, the outlook for tin plays is looking very positive.
Drilling will seal fate of Callie shaft
August 4 - 10, 2010
CONTINUING exploration success on the Jenna zone of mineralisation below the existing high-grade Callie gold mine lode, and the equally endowed Aurion zone, will add to the growing momentum toward a 1200m production shaft at the Newmont Mining-owned Tanami operation in central Australia.
Signs of metals recovery
July 28 - August 3, 2010
POSITIVE signs for base metal and uranium juniors have emerged though on the other side of the coin, macro concerns remain and it would seem premature to get too bullish just yet.
Not out of the woods yet
July 14 - 20, 2010
EUROPEAN Nickel remains on the verge of completing funding for its promising Caldag nickel project, though the required forestry permits from Turkish authorities remains the outstanding issue. Still, new company backer, Canadian resource investment firm Hunter Dickinson, obviously feels assured enough to inject $US5 million.
Fallen Bannerman climbs off the deck
July 14 - 20, 2010
BANNERMAN Resources’ inexorable descent into the market doldrums may have ended with the company’s shares rebounding from recent lows as corporate transactions take place around it and general murmurings are heard of a change in fortune for the lately unfashionable sector.
China steel use to slow
July 14 - 20, 2010
ASIAN brokerage and investment group CLSA has gone bearish on the iron ore sector, claiming this week the market is undergoing a structural shift that will see seaborne iron ore supply exceeding demand from 2011 onwards.
Troy will be quick out of the blocks
July 7 - 13, 2010
TROY Resources appears to resolutely remain a relatively unloved gold company but that is surely set to change in the current quarter given first production from its new flagship, the Casposo project in Argentina.
Specs in the Citi
July 7 - 13, 2010
FOR those who maintain the faith in analyst forecasts Citi has delivered good news for copper, coal, platinum and zircon producers, with those in the uranium sector likely to feel more vindicated than ecstatic.
Here, not there
June 30 - July 6, 2010
BUDDING gold miner Regis Resources has confirmed West Africa is a logical future destination for it while maintaining its present priority is its nearly built Western Australian mine where there’s a chance reserves could potentially double.
Strong cash flow to fund Sukari expansion
June 23 - 29, 2010
INEXPENSIVE expansions already in the pipeline at Centamin Egypt’s new Sukari gold operation in Egypt could see production rise to about 300,000 ounces in 2011, and 500,000oz from 2013. Significantly, the unhedged miner is still expected to be generating free cash of over $US100 million per annum after funding the expansions from cash flow.
Take your pick
June 23 - 29, 2010
IGNORING the bulks, Australian investors wanting exposure to the resources sector can evidently throw a blanket over the Kalgoorlie region in Western Australia and be comfortable they are reasonably well covered.
Big numbers in sampling game
June 23 - 29, 2010
CONSOLIDATION in the resources sampling and testing market continues, with this week’s £450mn ($US670 million) acquisition of Inspectorate by France’s Bureau Veritas the latest in a string of deals underlining the attractiveness of the $US7.5 billion global business, according to analysts.
Defensive line
June 9 - 15, 2010
JUNE 14: CONCERNED stock investors seeking shelter from the storms of recent times do have options when it comes to defensive exposures in the small-to-mid-tier Australian investment space.
Low glow surely a longer-term no-go
May 5 - 11, 2010
THE malaise in the uranium market bedevilling producers (and explorers) must surely be reversed soon according to observers, with one querying why anyone would produce the stuff at current spot prices of little more than $US40 per pound.
Warning, or just time to cash out?
April 28 - May 4, 2010
HARBINGER by name, harbinger by nature? That is the question many will no doubt be asking in the wake of the quite superbly named US hedge fund Harbinger’s recent sell downs of Australian iron ore stocks Fortescue Metals and Murchison Metals.
