Mine block a real mystery
June 5 - 11, 2013
WHILE the Australian company in dispute with its Algerian partners about how to develop a world scale zinc project in Algeria doesn’t agree with the proposition that the situation is yet another case of sovereign risk, it does seem rather difficult to reconcile the issue any other way – notwithstanding “sovereign risk” being a rather broad tag.
Mofe Creek measuring up
June 5 - 11, 2013
BOUTIQUE brokerage Euroz got aboard the Tawana Resources story last week as the junior claimed significant third party interest in its new Mofe Creek iron ore discovery near the Liberian coastline, West Africa.
Blackthorn spikes on upbeat talk
June 12 - 18, 2013
SHAREHOLDERS will be hoping a presentation by Blackthorn Resources’ outgoing CEO at a UBS conference in Sydney this week may have finally stopped the horrendous market run of the recent investor darling.
The changing state of Africa
June 12 - 18, 2013
IN nearly 25 years of working, and more recently living in Africa, Peter Anderton has seen the commercial landscape shift radically for companies from his native Australia. Now, he says, the diverse patchwork of nations making up the continent is changing faster than ever – with plenty of upside for those prepared to negotiate the risk hurdles.
A junior looks for a life beyond West Africa
May 29 - June 4, 2013
WEST African gold explorer Carbine Resources has become yet another company on the lookout for a new project after spending $A15 million or so in Burkina Faso over the past few years and not identifying a gold prospect with economic potential.
Ampella looks for an easier way
May 29 - June 4, 2013
MAY 31: THE aim to add several hundred thousand free milling ounces into a feasibility study by year’s end remains the plan in place for Ampella Mining in Burkina Faso.
Papillon pushes hits uphill
May 22 - 28, 2013
WEST African exploration standout Papillon Resources has delivered further strong success at its Fekola gold project in Mali this month.
A recipe for survival
May 22 - 28, 2013
A MAIDEN resource at the Manfo gold project in Ghana could be the shot in the arm Pelangio Exploration needs to distance itself from the languid junior exploration space and push on toward the relative safety of development.
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.
