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Wednesday, November 19, 2008 4:06PM EST (GMT +10hrs)
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Wednesday, November 19, 2008 4:06PM EST (GMT +10hrs)
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BASS METALS LTD Thursday, November 13, 2008 Bass Metals provided details of recent drilling at the Fossey zone, part of Bass' wholly-owned Hellyer mine project in NW Tasmania. Significant intervals include 43.5 m of 12.9% zinc, 7.7% lead. 0.4% copper, 207 g/t silver and 2.6 g/t gold from 187.1 m in hole HLD985 at a 5% lead+zinc cutoff. Property: QUE RIVER-HELLYER (Complete Text of Nov 13, 2008 News Release) 
EXTRACT RESOURCES LTD Tuesday, November 11, 2008 Extract Resources found more wide zones of high-grade uranium mineralization, at Rossing South, Namibia. Chemical assay results from reverse circulation (RC) drilling continue to confirm the continuity of alaskite hosted uranium mineralization. The best result reported was 4,019 ppm U3O8 over 14 m from a start depth of 230m in hole RRC043 at Zone 1. Zone 1 uranium mineralization has now been defined over a strike length in excess of 2.3 kilometres with drilling continuing to determine the southern strike extent of this large mineralized system. Mineralization is also open at depth (to the east) on every section drilled. Property: ROSSING SOUTH (Complete Text of Nov 11, 2008 News Release)
CITADEL RESOURCE GROUP LIMITED Monday, November 10, 2008 Citadel Resource Group received further significant results from its drilling program at Lodes 2 and 4, Jabal Sayid project, Saudi Arabia. Citadel drilled 3 diamond holes to obtain material for metallurgical testing. The copper stockwork mineralization contained in Lodes 2 and 4 is the subject of a feasibility study into a 3 Mtpa underground mine. Jabal Sayid is a 50% joint venture between Citadel and Saudi company CMCI. Property: JABAL SAYID (Complete Text of Nov 10, 2008 News Release)
ANSHAN IRON & STEEL GROUP CORPORATION (ANSTEEL) and GINDALBIE METALS LTD Friday, November 07, 2008 Gindalbie Metals announced that it has accepted an offer by its joint venture partner in the Karara Iron Ore Project, Anshan Iron & Steel Group Corporation, to fund Gindalbie’s share of the equity contribution towards the estimated A$1.8 billion project development cost via a A$162.06 million share placement to Ansteel to be undertaken at an issue price of 85 cents per share. (Complete Text of Nov 7, 2008 News Release)
ALUMINUM CORP OF CHINA LTD and RIO TINTO Thursday, November 06, 2008 State-backed Aluminium Corp of China (Chinalco) says its stake in Rio Tinto Ltd, which was held by failed investment bank Lehman Brothers, has been transferred to another custodian. (See Australian Associated Press: Chinalco says Rio stake transferred from Lehman Brothers  )
(November 6, 2008)
Thursday, November 06, 2008 Papua New Guinea police have arrested 104 illegal Chinese workers after immigration and labour raids at the controversial Ramu nickel mine. (See Australian Associated Press: PAC: 104 illegal workers arrested PNG's controversial Ramu mine )(November 6, 2008)
FORTESCUE METALS GROUP LIMITED Thursday, November 06, 2008 Fortescue Metals Group Ltd wants to reduce the numbers of mine workers on fly-in fly-out contracts because the system wrecks marriages, chief executive Andrew Forrest says. (See Australian Associated Press: Fortescue to phase out or at least minimise fly-in fly-out staff )(November 6, 2008)
BROCKMAN RESOURCES LIMITED Wednesday, November 05, 2008 Brockman Resources Ltd has delayed the development of its Marillana iron ore mine, citing uncertainty in global commodity and equity markets as well as delays in gaining rail and port access. (See Australian Associated Press: Brockman delays Marillana development amid financial crisis )
(November 5, 2008)
CONSOLIDATED MINERALS LTD Tuesday, November 04, 2008 Ukrainian-owned Consolidated Minerals Ltd (ConsMin) has joined a growing list of mining companies that have been forced to sack staff as the global financial crisis deepens. (See Australian Associated Press: ConsMin joins growing list of miners laying off workers )(November 4, 2008)
MOUNT GIBSON IRON LIMITED
Monday, November 03, 2008 Mount Gibson Iron Ltd has been forced to sell its iron ore at a significant discount and will cut a third of its workforce after a some customers defaulted on binding offtake agreements. (See Australian Associated Press: Mount Gibson inks offtake agreements after customers default )(November 3, 2008) AUSTRALIAN NEWS ON THE WEB
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