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PROJECT WATCH Sat 04/02/2012

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Nena edges ahead

February 1 - 7, 2012

GOOD news late last month for the management and shareholders of Highland Pacific spells bad news for the owners of Indophil.

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Tungsten back in the spotlight

December 1 - 7, 2011

TUNGSTEN is firmly back on the table in the boardroom at Vital Metals with the company of the strong belief the Watershed project is “on the cusp” of being turned into a mine.

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Karara the key to Midwest future

December 1 - 7, 2011

NOVEMBER 28: AMID the continuing uncertainty around the big picture for iron ore in Western Australia’s Midwest there is the multi-billion-dollar Karara magnetite project and there is an echo of the voices of the pioneers who believed, back in the 1960s, in an epic future for iron ore mining in the Pilbara.

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Only permits can ease the pain

November 3 - 9, 2011

IT’S been a long time coming, but EMED Mining’s historic and politically charged Proyecto Rio Tinto copper development in Spain is looking like a proper mining project at last.

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Cyclone study may whip up more interest

October 27 - November 2, 2011

DIATREME Resources is within a month of completing a pre-feasibility study for its Cyclone project in the Eucla Basin and in world where zircon has become a commodity du jour of late, there should be plenty of interest in what the numbers show.

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Gold hopes high, Glory waits

October 13 - 19, 2011

THE critical juncture for Glory Resources is seen as being some way off, but if the outlook is as good as the claims being made, this budding Greek gold miner is going to do very nicely indeed with the advanced, but historically problematic Sappes gold project.

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Avebury restart is complicated

September 29 - October 5, 2011

MORE light has been shed on the “contentious” Avebury nickel mine in Tasmania bought by Zinifex in 2008 and now owned by Minmetals. However, it very much remains an $A860 million enigma whose future is uncertain.

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YTC maintains Hera margins

September 22 - 28, 2011

ANTICIPATED operating costs may have risen slightly in the upgraded definitive due diligence for stage one of YTC Resources’ Hera-Nymagee project in New South Wales, but operating margins are set to remain the same.

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Early days of promise for Potash West

September 15 - 21, 2011

BIG demand increases in the industrial chemical and food worlds (courtesy of the usual suspects) offer very profitable opportunities for certain potash producers. Provided its deposit(s) in the Dandaragan Trough of Western Australia stack up as expected, Potash West could be one of those producers.

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Otjo on track

September 1 - 7, 2011

SEPTEMBER 7: ALTHOUGH it is all quite boring so far as the market is concerned there is no way of getting round the long drawn out grind of feasibility work needed to get a project up and running. But the prize for Shaw River Manganese as it moves towards building its first mining project on the way to creating a global manganese business is a unique company in less than 12 months time.

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Cobar aims to provide pure excitement

August 18 - 24, 2011

SO-CALLED pure silver plays in Australia have been pretty rare since Legend Mining’s Elizabeth Hill in Western Australia shut down in the early 2000s.

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Overland copper option

August 11 - 17, 2011

UNABLE to generate good traction on the back of its mainstay zinc asset in the Yukon Territory, Overland Resources is looking to have a punt on a copper project it’s identified in British Columbia, Canada.

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Sunny outlook for Hillside

July 28 - August 3, 2011

FAIR to say there wasn’t an overly ecstatic reaction to the conceptual study for Rex Minerals’ Hillside copper project – as judged, though, by the almost always irrelevant daily market! – but the bottom line for managing director Steve Olsen would seem simply this: this is a solid, well located copper project in a world very short of similar such scenarios.

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Time is right for Toro

July 21 - 27, 2011

THE time to develop a uranium project in Western Australia and pick up more assets along the way is now, according to Toro Energy’s Greg Hall as his company looks most likely to develop the state’s first operating uranium mine. It’s a dose of enthusiasm the whole industry needs.

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DeGrussa fires up

June 9 - 15, 2011

SANDFIRE Resources’ DeGrussa project still has some surprises in store if some new figures from the company’s freshly-released pre-feasibility study are any indication, with the hard-headed UBS analyst team impressed by improvements in the project’s projected copper production rate.

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More ounces needed for standalone silver play

April 21 - 27, 2011

SILVER projects are gaining market traction as the silver price heads north of $US40 per ounce which is good news for New South Wales focused Silver Mines as it looks to beef up its Webbs project considerably in coming months.

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Azure stays focused

April 14 - 20, 2011

AZURE Minerals has winnowed down its focus to its two key projects in Mexico with another joint venture over one of its “non-core” project areas.

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A rough road to travel

April 7 - 13, 2011

ON PAPER, Iron Road’s magnetite project in South Australia doesn’t quite add up, with much lower grades than its contemporaries. Nevertheless, according to the company, the deposit’s singular mineralogy should mean easier, cheaper beneficiation.

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Drama, tragedy, comedy and maybe a fairytale ending

March 17 - 23, 2011

SANITY has finally prevailed at EMED Mining’s Proyecto Rio Tinto copper project in Spain but not without a forceful shove from madness and mayhem.

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Marengo not fazed by Yandera cost and debt levels

March 9 - 15, 2011

MARENGO’S Yandera project in Papua New Guinea is getting bigger and better, and for a copper development of its size it’s $A1.6 billion proposed capital cost is looking like a remarkably low-cost investment, according to chief executive Les Emery. And the possible debt funding of around $A1 billion isn’t a concern either.

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