Kennametal secures tungsten supply
May 15 - 21, 2013
MAY 15: American specialty metals and steel products manufacturer Kennametal has moved upstream in buying a Bolivian tungsten supplier in a deal expected to be completed in July this year.
Centaurus ready for unfashionable entry
May 8 - 14, 2013
WHILE the market seemingly remains resolutely unwilling to award Centaurus Metals anything more than token value for its Jambreiro iron project in Brazil, a day of reckoning would seem to be fast approaching.
Push is on to avoid striking out
April 24 - 30, 2013
THE end game for Strike Resources is underway with the company probably having 18 months or so to prove it’s got an iron ore project in Peru of major significance. New managing director William Johnson, who has had an association with the project since day one, is now moving to Lima to push the process to the max.
Copper a sign of less certain times
April 17 - 23, 2013
SANTIAGO was not the Santiago of old as the copper world gathered in the Chilean capital last week for the CESCO conference.
A Hot Chili facsimile?
March 20 - 26, 2013
RELATIVELY new copper-gold hopeful Estrella Resources (ASX: ESR) performed a rather standard market routine last year ... namely a share price heading straight for the toilet soon after an IPO. But a deal late in 2012 and an important addition to that deal this week, has put the stock back on track, and while the company’s managing director Dr Jason Berton isn’t making any such comparison himself, he’s not unhappy with anyone mentioning Hot Chili.
Colombia’s flashing lights
March 13 - 19, 2013
AFTER spending almost two weeks in Colombia talking with government and industry leaders, and attending two separate mining-focused conferences, my assessment of the current state of the country’s mining sector is that it is comparable to being at an intersection where the traffic lights are flashing all three colours simultaneously.
Metminco ponders strategic move
March 6 - 12, 2013
METMINCO’S work in Peru has outlined a copper project with reasonable headline numbers for development – albeit at a price. But a completely disinterested market means other corporates, or the Chinese, are now required.
Side-lined
February 27 - March 5, 2013
FAIR to say it is not really a question of semantics when a company announces it has made a “major breakthrough” at an exploration project and the market abandons the stock in massive numbers.
Orinoco zeroes in on high-grade gold in Brazil
February 20 - 26, 2013
COVERING both bases looks the strategy for Orinoco Gold (ASX: OGX), a Brazil-focused, ASX-listed gold company with a quartz vein, nuggetty, high-grade gold target, and a more conventional (vis-a-vis defining JORC resources, and marketing) shear-hosted gold target called Eliseo.
Major drilling program now in store at Chanape
February 13 - 19, 2013
FROM explorer to drilling company! That in effect will be the transition to occur at Inca Minerals following its evidently exciting Chanape porphyry discovery in Peru, a find that has also attracted very strong market interest.
Crusader unloved ... not alone
January 30 - February 5, 2013
DESPITE announcing that it will be imminently making $A1 million per month in free cash, Brazil-focused iron ore and gold mine developer Crusader Resources continues to be ignored by investors. “Why” and “typical” are two words that spring to mind.
BrazIron answers first question positively
January 23 - 29, 2013
IT IS a battle those in the resources sector will always encounter, namely the structural disconnect between the market’s short term focus and exploration/mining projects being long term ventures. Fledgling junior BrazIron (ASX: BZL) is a case in point, though the company maintains there are logical, value-adding strategies that can be implemented to suit difficult circumstances.
Is Ecuador within your comfort zone?
December 5 - 11, 2012
THE recent announcement by Codelco chairman Gerardo Jofre that the world’s largest copper producer was in early talks with the government of Ecuador to jointly develop the Junin copper deposit suggests that Ecuador is finally making progress in convincing foreign mining companies to invest in the development of its mining sector.
Red hot Chili deals, and wins
November 28 - December 4, 2012
FEW as young seem to be lauded as consistently as managing director Christian Easterday does, and so for those who believe management is the key ingredient for success in the resources sector, the ASX-listed Hot Chili (HCH) would likely figure as a bit of a copper standout. Especially if they also believe some of the mail on Hot Chili’s Chilean Productora project!
Purdy pitches bullish nickel picture
October 17 - 23, 2012
THE positives are slowly accruing but Mirabela Nickel would seem to remain a difficult proposition to take a firm view about. In market parlance, cases for tagging the stock with “buy”, “sell”, or “hold” can all be made depending on how you read the tea leaves.
Seckold surfaces in Chile
October 17 - 23, 2012
COPPER in Chile is very much the flavour of the moment and another low profile name to watch in the space is possibly the latest vehicle of the very well-known resource sector identity Norm Seckold.
Spence remains attractive
October 3 - 9, 2012
ANOTHER big copper project is on the horizon for BHP Billiton with the Spence project in Chile seen as having the potential to produce 300-400,000 tonnes per annum of copper for more than 50 years from 2017.
Get Smarts
September 26 - October 2, 2012
THE aim over the next six months or so for the geologists at very successful Guyana explorer Azimuth Resources is pretty simple: find another deposit like Smarts! Given Azimuth’s success to date that would seem an eminently achievable aim.
Brazil ‘ok in comparison’ with Oz iron ore
August 22 - 28, 2012
THE entry into Brazil by BC Iron is arguably the second deal over the past 12 months or so that should reassure investors of the real potential of the South American behemoth to yield profitable iron ore projects for junior and mid-tier miners – despite thus far at least only having one working example as proof.
Stepping out, and up
August 22 - 28, 2012
LITTLE known junior Cleveland Mining (ASX: CDG) hit the headlines this week with the announcement of its alliance with Australian iron ore miner BC Iron. Outside of that yet-to-take-shape alliance, Cleveland already has plenty in train including a small gold project in Brazil currently in the commissioning phase.