Stock News update 03-09-06

[G-khan]

Two Plus Two Equals Ten in Moydow/Diamond Fields Merger
The benefits of this recently proposed merger are algebraically demonstrable.

PDAC Sentiment Divergent With Recent Share Price/Metals Action
How does it all equate for investors?

Anatolia's World Class Turkish Mine Has a Lot More Growing to Do
Anatolia's flagship Copler gold deposit in Turkey would appear to have a lot more gold in it than the current resource statement indicates.

Exall and Southern Star - Next Goldcorp Targets?
With Goldcorp's increasing willingness to consolidate Red Lake, strong drill results from Exall Resources and Southern Star Resources could place the two companies squarely within Ian Telfer's line of sight.

Metallica Maturing Into a Producer in Mexico, Converting Resources in Chile
Metallica continues to add value in Mexico and Chile.

U.S. Gold's Rob McEwen on Cortez, Consolidation and Goldcorp
Resource Investor speaks with Rob McEwen following U.S. Gold's all-share offer to consolidate four companies with properties in the Cortez Trend - and McEwen holds little back.

AngloPlat "Concerned" About Mines Grab
AngloPlat spokesman Trevor Raymond notes "concern" over Zimbabwe's proposal that the country's mining law be amended to allow the state to hold 51% of all platinum operations in the country.

Interview With China's NDRC Vice Director Zhang Guobao
Zhang Guobao, the Vice Director of the National Reform and Development Commission, comments on China's vast energy resources in regards to possible cooperation with Russia.

Kumba, Mittal in Senegal Rights Mix-Up
Kumba Resources says that the deposit allocated to Mittal Group in Senegal is the same property on which it holds rights, and on which it has spent several millions of dollars exploring.

Gabriel Resources Shares Fall After Posting Loss
Shares of Gabriel Resources dropped today after the company reported another big loss for 2005 as it moves to develop gold properties in Romania.


California Oil & Gas Corp. Closes $1,000,000 Private Placement (Business Wire)


Australian Share Market Rises 0.4 Percent (AP)
Australian stocks bounced back in late trading Thursday amid stronger-than-expected employment data. The benchmark S&P/ASX 200 index rose 21.4 points, 0.4 percent, to 4,894.4, while the All Ordinaries index rose 19.7 points to 4,855.4.

/C O R R E C T I O N from Source - Tan Range Exploration Corporation/ (PR Newswire)
CA 9760001049"

Gold Miner Shares Lose Ground (AP)
Shares of gold producers slumped Wednesday, as metals traders pushed the price of gold down sharply through much of the day, spooking investors.

Exxon: Torture Suit Sets Bad Precedent (AP)
Exxon Mobil Corp. warned that a U.S. judge's decision to allow villagers to file a lawsuit against the oil giant for alleged abuses by Indonesian troops in Aceh province could set a precedent for all American companies operating abroad.

Taseko Secures Listing on the Toronto Stock Exchange (Business Wire)
VANCOUVER, British Columbia----March 8, 2006--Taseko Mines Limited has received formal approval to list its common shares on the Toronto Stock Exchange . Effective today, March 8, 2006, common shares of Taseko will be listed for trading on the "TSX" under the symbol "TKO".

Nevada Star Resource Corp. Opens Major Nickel-Copper-Platinum Group Elements Property for Joint Venture (Market Wire)
Nevada Star Resource Corp. and (CDNX: NEV) is pleased to announce the availability of the MAN Alaska Area 2 nickel-copper-platinum group elements Project, located in south-central Alaska, for joint venture. Area 2 is 960 square km in size and is north adjacent to the joint venture with Anglo American Exploration, Inc. on the MAN Alaska Area 1 Ni-Cu-PGE Project, but is independent of that project.

Little Squaw Fortifies Board & Management Team (Business Wire)


Wits Basin to Initiate Early Drilling Plan (Business Wire)


Australian Stocks Fall (AP)


Crystallex Receives Rock Quarry Permit (AP)
Venezuela's government has granted Crystallex International Corp. an environmental permit for a rock quarry in southern Venezuela, the Canadian firm said Tuesday.

Goldcorp Announces Management Appointments (Business Wire)
VANCOUVER, British Columbia----March 7, 2006--Ian Telfer, President and CEO of Goldcorp Inc. is pleased to announce the following management appointments.

London Markets: Resource sector weighs on London's FTSE index (at MarketWatch)
Big miners lost ground on Tuesday, pressuring the FTSE, as investors once more mulled the future of commodity prices and eyed ongoing iron-ore talks.

Hot Stock Alert: Small Public Company Taking Several Significant Steps to Achieve Production! March 7, 2006 (Market Wire)
Wall Street News Alert's "stocks to watch" this morning are: Equitable Mining Corporation, Yamana Gold Inc. (AMEX: AUY). Northgate Minerals Corporation, and Pan American Silver Corp.

Crystallex Announces Approval of Permit to Impact Natural Resources for an Aggregate Quarry for the Las Cristinas Project, Bolivar State, Venezuela (Business Wire)
TORONTO----March 7, 2006--Crystallex International Corporation reported today that the Ministry of the Environment and Natural Resources in Venezuela has notified Crystallex of the Ministry's approval of the "Permit to Impact Natural Resources" for a quarry on the Albino property to provide aggregate for the adjacent Las Cristinas project, and of the initiation of the normal administrative process by the Ministry.

Wall Street News Alert Announces Tuesday's Hot Stocks to Watch! March 7, 2006 (Market Wire)
Wall Street News Alert's "stocks to watch" this morning are: Equitable Mining Corporation, Goldcorp Inc., Kinross Gold Corporation, and Crystallex International Corporation.

Miramar Announces that the Nunavut Impact Review Board Makes Positive Recommendation on Doris North Project (Business Wire)


Battle Mountain Appoints New Vice President Finance and Chief Financial Officer (PrimeZone Media Network)
Battle Mountain Gold Exploration Corporation is pleased to announce the appointment of David Atkinson, as V.P. Finance and Chief Financial Officer.

Australian Stocks Fall (AP)
Australian shares fell Tuesday as lower commodity prices dragged down mining stocks. The benchmark S&P/ASX200 index fell 24.2 points -- or 0.5 percent -- to 4,879.7 while the All Ordinaries lost 23.8 points to 4,843.6.

Searchlight Minerals Corp. - Drill hole results - Clarkdale Slag Project (PR Newswire)


Norilsk Gold Arm Sells 20% Stake of Gold Fields
Russian metals giant Norilsk Nickel said on Monday that its gold production arm, Polyus Gold, had sold its 20% stake in South African gold miner, Gold Fields. Polyus sold its 98468-million Gold Fields shares at $20. %

China to raise export tariffs on copper products
BEIJING, March 9 (Xinhuanet) -- The Ministry of Finance announced Thursday China will raise export tariff rates on 25 categories of copper and copper-related products as of April 10.

China's Jan-Feb iron ore imports up 31.9 pct at 51.47 mln tons - report
BEIJING (AFX) - China imported 51.47 mln tons of iron ore in the first two months, up 31.9 pct from a year earlier, the Shanghai based trade website mysteel.com reported.

Copper and aluminum rebounded in Shanghai
Copper and aluminum rebounded in Shanghai Shanghai. March 9.

CH Denies Move to Limit Iron Ore Imports
'The Ministry of Commerce has not set any price restrictions on imports of iron ore,' the key raw material for steel manufacturing, the newspaper quoted an official at the ministry's department for key industrial imports as saying.

First Quantum Net Income Rises Sixfold on Mining Production, Metal Prices
a miner of copper in Africa, said profit rose sixfold in the fourth quarter as metal prices jumped and production increased.

$20m Fund to kick start silver industry
Extract not available.

Dharam's parting gift to iron ore lobby
Extract not available.

Foreign investors keen on Nigeria's mining sector
Extract not available.

Eramet sees 2006 results down after 2005 rise
Eramet (ERMT.PA: Quote, Profile, Research), a leading nickel mining company, on Thursday reported a 9 percent rise in 2005 net attributable profit to 377 million euros ($449.

European aluminium firm 'to shift' production to Qatar
Doha: A major aluminium manufacturer in Europe is transferring its production facilities to Qatar since energy is available in abundance here and at cheaper prices, says a visiting business journalist from the continent.

Call for iron ore prices to be set
Asked about the prospect of government interference in iron ore prices, Mr Costello said prices should be set by the market. '

BHP's Prescott had Iraq 'gift' doubts
In his statement, Mr Harley said BHP began discussing shipping about 20,000 tonnes of wheat to Iraq in 1995, at a time when it was keen to expand its oil interests in the Middle East.

Australia's Sphere gains Saudi backing for Mauritania iron ore project
It said Saudi Iron and Steel Co (HADEED), a wholly-owned affiliate of Saudi Basic Industries Corp (SABIC), has acquired 14.8 pct of the company via a 10.3 mln aud share placement.

Aussies sweat China's iron ore price cap
Aussies sweat China's iron ore price capMarch 08, 2006 SYDNEY (UPI) -- Beijing's decision to cap the price it pays for Australian iron ore has mining companies down under worried.

WACAM condemns Newmont
District Chief Executive of Asutifi District, Mr Opoku Peprah told the GNA that he made a formal complaint to Newmont when he saw the misrepresentation in the calendar and the Company accepted liability and apologised in a letter they sent to him.

Iron ore prices may continue rising: alliance
Iron ore prices may continue rising: alliance3:00 PM March 9 The Geraldton Iron Ore alliance says it believes ore prices may rise, despite Chinese threats to cap prices.

British mining companies keen to enter India
Extract not available.

Weaker gold price and emerging market selloff rock SA stocks
The jittery Top40 index, which tumbled 4 percent on Tuesday in its worst single-day margin loss in four years, edged 0.39 percent lower to 16 608.59 points. The bourse's all share index sunk 0.46 percent to 18 540.60 points. '

SABIC takes 14.8% Interest in Iron Ore Producer Sphere
The precinct includes the advanced Guelb el Aouj project.'Sphere and SNIM recognise the significance of HADEED's future involvement in the development of the Guelb el Aouj project.

Newmont deal no mine of controversy
Tb.Arie Rukmantara, The Jakarta Post, Jakarta A technical snafu Wednesday meant legislators were unable to scrutinize the government's controversial US$30 million out-of-court settlement with PT Newmont Minahasa Raya over a pollution case.

PNG's Porgera Gold Mine Sees 10-Year Horizon
Porgera Joint Venture has close to 26 million tons of medium-to-low grade stockpiles equivalent to four years processing using its current facility. Normally, the stockpiles would be processed towards the end of the mine life.

China said to cap iron ore prices
China said to cap iron ore prices Find Suppliers Trade Leads Company Directory Product Directory China Products Gold Suppliers Hot Products Hot Buys New Products Search by Country Trade Shows Biz /

BHP evidence delayed at AWB inquiry
Miscellaneous BHP Billiton Limited BHP Billiton Plc BHP Billiton Plc BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat ...

BHP execs delayed at Cole inquiry
BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat exporter AWB to Saddam Hussein's Iraqi regime.

BHP evidence delayed at AWB inquiry
BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat exporter AWB to Saddam Hussein's Iraqi regime.

BHP execs delayed at Cole inquiry
BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat exporter AWB to Saddam Hussein's Iraqi regime.

BHP execs delayed at Cole inquiry
BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat exporter AWB to Saddam Hussein's Iraqi regime.

BHP evidence delayed at AWB inquiry
BHP Billiton executives have been delayed in giving evidence to the inquiry into $300 million in kickbacks paid by wheat exporter AWB to Saddam Hussein's Iraqi regime.

Wyoming's energy boom puts strain on bustling communities
Billings Gazette, USA -... The energized oil, gas and mining industry has meant plentiful and well-paying jobs, a bustling economy and a state -- known more for its aboveground natural ...

Platinum miners unhappy with proposals
Chronicle, Zimbabwe -... stick to earlier proposals. A Together with Government, we are keen to grow the Mining Industry in Zimbabwe. The industry remains ...

My precious
iAfrica.com, South Africa -... Considering that the gold mining industry is breaking even at the current value of R105 000/kg, such a five-year price bonanza would lead, after adjusting for ...

TD Securities: Canada's Mining Finance Role Undisputed
Mineweb, South Africa -... As those who follow the mining industry well know, the current commodity cycle is "without question the best our industry has seen in a generation," Glenn noted ...

Trust, mining and country
National Indigenous Times, Australia -... Rather than a response to the clearly intensifying impacts of the mining industry, the exhibition is grounded in what country means to Ngaanyatjarra people ...

Webcast Alert: Companhia Vale do Rio Doce S/A Announces 2005 ...
PR Newswire (press release), NY -... Rio Doce, (CVRD) is the largest diversified mining company in the Americas and one of the four largest company in the global metals and mining industry, with a ...

Gabriel Resources Year End 2005 Report
CNW Telbec (CommuniquA s de presse), Canada -... reflecting design changes to accommodate stringent environmental laws and the general increase in cost inflation experienced by the entire mining industry. ...

Canada's vast geography a prospector's playground
Reuters Canada, Canada -... But new technologies, a whole lot of money and some of the friendliest prospecting regulations in the world, have kept the country's mining industry humming. ...

CORRECTED: Canada's vast geography a prospector's playground
Metro Toronto, Canada -... But new technologies, a whole lot of money and some of the friendliest prospecting regulations in the world, have kept the country's mining industry humming. ...

DJ Oxus Gold 1H Pretax Pft $4.29M Vs $3.6M >OXS.LN -2-
TMCnet -... The Group expenditure and mining expenditure to date on Jerooy amounts to $47.7 ... Based on the results, additional RC drilling will be planned for Aksai and ...

Fortescue upsizes WA iron ore mine
Seven.com.au, Australia -... have dropped. The company is continuing with drilling as part of a mining feasibility study at the project. Fortescue's share price ...

Fortescue increases size of WA iron ore mine
WA Business News, Australia -... have dropped. The company is continuing with drilling as part of a mining feasibility study at the project. Fortescue's share price ...

Scenic byways get federal grants
Grand Junction Sentinel, CO -... OIL, GAS, MINING Drilling company is currently seeking to fill multiple pos....(more). IBEW NECA NJANTC . ATTITUDE . SKILL . KNOWLEDGE . ...

GJ man accused of molesting siblings
Grand Junction Sentinel, CO -... OIL, GAS, MINING Drilling company is currently seeking to fill multiple pos....(more). IBEW NECA NJANTC . ATTITUDE . SKILL . KNOWLEDGE . ...

GJ man wins honors for leadership in philanthropy
Grand Junction Sentinel, CO -... OIL, GAS, MINING Drilling company is currently seeking to fill multiple pos....(more). IBEW NECA NJANTC . ATTITUDE . SKILL . KNOWLEDGE . ...

DJ BASE METALS UPDATE: China: No Price Directive On Iron Ore
TMCnet -... LONDON (Dow Jones)--LionOre Mining International announced Tuesday positive results of ... nine holes, representing 2,654 meters of diamond drilling, completed on ...

Year of the golden dog
Mineweb, South Africa -... 152 million or US$264 million) and is focused on gold mining in Central and ... the previous deposit limits and Avocet will undertake step out drilling to expand ...

Anderson: Makers predict tractor, combine sales will slow
Bloomington Pantagraph, USA -... group for off-road equipment manufacturers and industry service providers in construction, mining, agriculture, forestry and utility. The companies account for ...

EVN Telecom prepares to take on mobile giants
Nhan Dan, Vietnam -... the A 093A an A 094A codes to supplement the companiesA existing dialling ... Services such as banking, education, environment and mining will also benefit ...

Zimbabwe's latest confiscation plans
Mineweb, South Africa -... were opened at a steady rate. Now, the Zimbabwean mining industry is facing the threat of expropriation. MugabeA s cronies want an ...

Herman Director; Champion for Small Businesses
Washington Post, United States -... and was director of coastal shipping for the military occupation government, with responsibilities that included reestablishing a functioning mining industry. ...

New Jersey company buys southern Illinois mining equipment ...
Biloxi Sun Herald, USA -PITMAN, NJ - Industrial materials company K-Tron International Inc. announced Monday that it had acquired a privately held southern ...

SC Spangler/Tribune-Review
Pittsburgh Tribune-Review, PA -... "After we renamed it Our Coal Miners Cafe, you wouldn't believe the antique mining equipment people just started donating to us out of the goodness of their ...

US Gold making bid for four companies
Bizjournals.com, NC -... McEwen entered the gold mining industry in 1990 and transformed a bunch of smaller companies into Goldcorp Inc., turning it into one of the largest gold ...

Centre may reintroduce Coal Mining Bill
Sify, India -... |India Budget 2006|. He said that private sector participation in coal mining would help to ease demand-supply situation ... The public sector coal companies have so ...