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Eastern Platinum Reports Increase in Mining Rate, Development, Production and Revenues

Eastern Platinum Limited has announced the financial results for the year ended June 30, 2007 and an overview of operations during the quarter ended June 30, 2007 (all amounts reported in $USD). Eastplats is a growing platinum group metal (“PGM”) producer engaged in the acquisition, development and mining of PGM properties located in South Africa. All of the Company’s properties are situated on the western and eastern limbs of the Bushveld Com... [more]

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Australian mining shares drop as Labor wins power

MELBOURNE, Sept 7 (Reuters) - Shares in top Australian mining firms BHP Billiton and Rio Tinto extended losses on Tuesday after two key independent MPs backed the Labor party, giving Prime Minister Julia Gillard a majority to form government.

Inspiration Mining Acquires Additional Shares of Ursa Major Minerals Incorporated

TORONTO, ONTARIO--(Marketwire - 09/07/10) - Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX: ISM - News )(Frankfurt: OI8 - News ) wishes to announce that it has acquired an additional 1,303,500 common shares of Ursa Major Minerals Incorporated (the "Company"). As a result of the completion of the additional common shares, Inspiration Mining Corporation now owns 8,153,500 ...

Australia shares fall after Wall Street sell-off

LOS ANGELES (MarketWatch) -- Australian shares moved lower in early Wednesday trading, weighed by U.S. losses overnight and concern over the government's mining-tax plans. The benchmark S&P/ASX 200 lost 0.4% to 4,555.4, with mining majors falling after Treasurer Wayne Swan said the new minority Labor government would procede with a compromise mining-tax plan, despite some remaining criticism ...

Japanese shares sell off amid fresh yen strength; Nikkei Stock Average down 1.3%

Japanese shares sell off amid fresh yen strength; Nikkei Stock Average down 1.3%

Australian shares dip after Labour returned to power

SYDNEY: Australian shares dropped 0.48 per cent in early trade Wednesday after the incumbent centre-left Labour administration was returned to power and following overnight falls on Wall Street.

Europe shares close lower on renewed bank jitters

Europe shares close lower on renewed bank jitters

Shares follow Wall St down; Foster's jumps

The Australian sharemarket followed Wall Street lower in opening trade, but Foster's shares soar after the company turned down a bid for its wine assets.

Australia shares move sideways in cautious trade

LOS ANGELES (MarketWatch) -- Australian shares traded little changed Tuesday morning, as the markets awaited a central bank policy decision and a likely announcement over which political party would lead the nation's next government. In early morning trading, the S&P/ASX 200 was down less than 0.1% at 4,574.0. Some of the losses came from the mining sector, with BHP Billiton Ltd. down 0.4 ...

Stillwater Mining Company and Marathon PGM Corp Announce Acquisition Agreement

BILLINGS, MT and TORONTO--(Marketwire - 09/07/10) - Stillwater Mining Company (NYSE: SWC - News ) ("Stillwater") and Marathon PGM Corporation (TSX: MAR - News ) ("Marathon PGM") today announced that they have entered into a definitive agreement (the "Agreement") pursuant to which Stillwater, by way of a plan of arrangement, will acquire all of the outstanding shares of Marathon PGM. The deal to ...

European Stocks Fall on Debt Concern; Banks, Mining Shares Drop

European stocks retreated from a four-week high, led by declines in financial shares, on lingering concern that the sovereign-debt crisis will hold back the global recovery.




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