Jinshan hitting gold in China’s Gansu province
Not only is Jinshan Gold Mines (JIN-T, JINFF-o) one of just a handful of foreign mining companies producing gold in China, but the Canadian junior also has some good exploration prospects.
Asia
Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…
Uranium price will rebound: analysts (Part 1)
“A roller coaster ride” would be one way to describe the uranium spot price in recent years, rising to US$136 per l…
North American Tungsten cancels US$19.4M private placement with Chinese enterprise
North American Tungsten (NTC-V, NATUF-o) has cancelled a private placement of about 13.4 million units in the company at a price of $1.45 per unit that was part of a strategic alliance agreement with …
Jinshan is upbeat on China’s Gansu province
Not only is Jinshan Gold Mines (JIN-T, JINFF-O) one of just a handful of foreign mining companies producing gold in…
SouthGobi finds more coal near Ovoot Tolgoi (October 20, 2008)
Field reconnaissance and trench work in Mongolia have paid off for SouthGobi Energy Resources (SGQ-V, SGQRF-o), which has found yet more coal just 10 km southeast of its producing Ovoot Tolgoi coal mi…
Can China help bail out the global economy? (October 20, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help buffet the rest of the world from the economic meltdown, you might want to think aga…
Severstal and Chalco cutting output (October 14, 2008)
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U.S. and Europe by 25-30% amidst slowing…
Asian Mineral shelves Vietnamese nickel project
Market conditions, higher export tariffs and lack of capital are preventing Asian Mineral Resources (ASN-V, AIERF-o) from developing the first nickel mine in Vietnam.
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Copper ‘the real gold’
Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chief executive of Ivanhoe Mines (IVN-T, IVN-n), told analysts and investors at the Denv…
Can China help bail out the global economy? (October 10, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help…