Thursday, February 23rd, 2012

Spinifex

Resource nationalism shadows African mineral allure

When South African Mines Minister Susan Shabangu delivers the opening speech at the Mining Indaba conference tomorrow the subject of resource nationalism can hardly be avoided.Companies wanting to do business - or already doing business - in South...
Mon, February 6, 2012, 1:15 pm WST
More sparkle may lure buyers

Two months after UK-listed Gem Diamonds brought in Gresham Advisory Partners to look at options for its Ellendale diamond mine in the Kimberley, there's little word on how the process is tracking.Still, the latest production figures from the...
Tue, January 31, 2012, 11:10 am WST
Reed gets its priorities resolved

Reed Resources' plans to restart the Meekatharra gold project are gaining momentum and investors seem to appreciate the new-found sense of focus, with Reed shares up 17 per cent in the past month.Managing director Chris Reed has spent recent weeks...
Mon, January 23, 2012, 12:15 pm WST
Not all bad news for mid-tier players

The fall from grace of one-time market darling South Boulder Mines, last week culminating in the potash explorer that was worth $6 a share in March having to slash the price of its rights issue to 55¢, is a timely reminder that a year is a long...
Thu, December 29, 2011, 12:13 pm WST
Plenty riding on Anketell decision

If Premier Colin Barnett plans to meet his end-of-year deadline for a decision on how a new port at Anketell Point will be developed, he has just two weeks to make a decision.There's plenty riding on the outcome and it's not just the future of Aquila...
Mon, December 19, 2011, 1:21 pm WST
Reformed Greenland spruiks its mineral credentials

Greenland ministry officials were in Perth last week to spruik the changing mining landscape of the world's biggest island.The country hosts deposits of rare earths, iron ore, molybdenum and base metals, among others, but environmental issues and the...
Mon, December 12, 2011, 11:01 am WST
Swapping red dust for Riviera

Adamus Resources boss Mark Connelly is trading Perth for the French Riviera this week with a trip to Monaco.It’s not a holiday.Connelly will be visiting the home of Neil Woodyer, chief executive of Adamus’ Toronto-listed merger partner...
Tue, December 6, 2011, 4:46 pm WST
Sumatra verges on declaring Tembang numbers

Sumatra Copper & Gold boss Julian Ford is within weeks, if not days, of making public his vision for a gold and silver operation at the Tembang project in Indonesia.Mr Ford stepped into the top job in June with the view that Sumatra should pursue...
Mon, November 28, 2011, 11:04 am WST
Iluka confident mineral sands oversupply unlikely

Amid the hubbub of the AGM season, last week's market update from mineral sands heavyweight Iluka Resources garnered few headlines.But for anyone interested in where the mineral sands market is going over the next five years, Iluka offered some...
Mon, November 21, 2011, 7:13 pm WST
On-site lab plan proves West African gold has kept on booming

If any confirmation were needed that the West African gold sector is still booming, Ampella Mining's decision to build its own on-site laboratory might be it.The WA-based explorer made the move because of an assay backlog in West Africa's laboratories,...
Mon, November 14, 2011, 11:03 am WST
Poli brothers competing to land China deal first

It's a question of which of Perth's Poli brothers will bed down a Chinese financing deal first: Aquila Resources chief executive Tony or Matsa Resources chairman Paul.The difference in scale between what Aquila and Matsa are chasing is extreme. Aquila...
Mon, November 7, 2011, 1:47 pm WST
Focus' Coolgardie cash diverted

Focus Minerals has paid a price for its $59 million scrip takeover of struggler Crescent Gold after admitting it had diverted funds earmarked to improve its mainstay Coolgardie mines to "securing" the acquisition.The admission came in Focus'...
Tue, November 1, 2011, 11:03 am WST
Jupiter joins miners in buyback bids

Jupiter Mines' decision last week to use some of its cash pile to buy back shares has seen the Brian Gilbertson-controlled iron ore and manganese player join a fast-growing list of WA miners trying to revive their ailing share prices....
Mon, October 24, 2011, 12:22 pm WST
WA gets nod for lithium plant

The world's biggest lithium miner, Talison Lithium, has chosen WA for the site of a new lithium carbonate plant.Talison, which already operates the Greenbushes mine 250km south of Perth, has been studying sites across the country for its proposed...
Mon, October 17, 2011, 11:49 am WST
In troubled times, Alcyone has happy silver tale

It's an adage trotted out more often than pictures of Rebecca Judd in "that" dress, but in the case of Alcyone Resources it may hold true.If every cloud has a silver lining, then these troubled economic times should present an opportunity for...
Mon, October 10, 2011, 10:42 am WST
Australians forge constructive liaisons in Africa

It is three months since Bill Turner handed the Anvil Mining keys to his successor as chief executive, Darryll Castle, allowing him to focus on new challenges including driving the fledgling advocacy outfit Australia-Africa Mining Industry Group...
Mon, October 3, 2011, 10:33 am WST
Kagara's strategic D-day arrives

Wednesday is D-day for Kagara managing director Geoff Day as he fronts a crowd of 60 or so investors and analysts to spell out his vision for turning the $423 million Perth base metals miner into a big-ticket Australian mining house.Having flown various...
Mon, September 19, 2011, 12:29 pm WST
Date set to decide Cooper's future

Cooper Energy shareholders will decide on October 14 which leadership team to entrust with the break-up of the Perth oil and gas company.That is how it is shaping after Cooper's incumbent board late on Friday released the briefest of brief explanatory...
Mon, September 12, 2011, 12:32 pm WST
Gold juniors preen for consolidation

One message to come out of last week's Africa Downunder conference in Perth is that the industry is bracing for more consolidation.In gold, the sector favoured by many WA juniors, there has been talk of many deals but few have eventuated. Adamus...
Mon, September 5, 2011, 11:07 am WST
Conditions are right to set up Base in Kenya

Base Resources shareholders will on Wednesday vote on a $139.7 million share placement and $30.3 million one-for-three rights issue intended to bankroll development of its Kwale mineral sands project in Kenya.Perhaps there is never be a good time to ask...
Mon, August 29, 2011, 11:33 am WST