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Gold: the asset that keeps defying the pundits
Posted on April 23, 2012
There is not an analyst on the face of the earth who can accurately value gold. As Warren Buffett likes to publicly declare, gold is not a productive asset because it does not generate any income.
Diamond prices tipped to sparkle
Posted on April 18, 2012
An expert has tipped the price of diamonds to rise by more than 30 per cent over the next two years because of expected consolidation in the industry and increasing investor interest in the sector.
China's Baotou Steel Rare-Earth notches hefty profit
Posted on March 31, 2012
An annual profit of more than $A530 million for the world's biggest rare-earths producer, China's Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co, a $1.23 billion North American takeover deal, and complaints by the US, EU and Japan to the World Trade Organisation over China's limiting of rare earth exports made March a busy month for the industry.
Minmetals Resources hunting in Africa
Posted on March 29, 2012
MINMETALS Resources says it will use the assets recently acquired through its takeover of Anvil Mining as the starting point for a wave of acquisitions through southern Africa.
Activist to sue mining billionaire Clive Palmer over CIA claims
Posted on March 26, 2012
An anti-coal seam gas activist says he intends to sue mining billionaire Clive Palmer for accusing him of treason.
WA's main iron ore port closed for cyclone
Posted on March 15, 2012
The iron ore export port of Port Hedland is being evacuated as Tropical Cyclone Lua moves towards Western Australia's Pilbara coast.
Fortescue Metals to raise $US1bn for Pilbara iron ore expansion
Posted on March 14, 2012
Fortescue Metals Group today said it plans to raise $US1 billion ($947.7 million) with a high-yield bond offering to help fund the expansion of its iron ore operations in Western Australia.
Namibia uranium deal on the boil for Rio
Posted on February 8, 2012
Rio Tinto is eager to secure a joint venture with the likely new owners of the huge Husab uranium deposit in Namibia.
Vale, Aquila approve Eagle Downs coking coal project
Posted on January 31, 2012
AQUILA Resources has formally approved the Eagle Downs coal project it has been fighting over in court with joint venture partner Vale.
OZ Minerals' insurance claim for derailment loss may face complication over pollution
Posted on January 2, 2012
OZ Minerals may recoup through insurance some of the losses from the up to 1200 tonnes of copper concentrate that disappeared into the Northern Territory's Edith River last week after a train derailed.
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ANNOUNCEMENT
Developments in Gossan’s Magnesium Project Paper Presented at the 69th World Magnesium Conference
Gossan Resources Limited's Technical Advisor, Dr. Zuliani, will be delivering a paper entitled, "Developments in the Zuliani Process for Gossan Resources’ Magnesium Project" at the 69th Annual World Magnesium Conference on May 22th in San Francisco. The conference, sponsored by the International Magnesium Association (IMA), focuses on current developments throughout all aspects of the magnesium industry. View Press Release -
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