www.callinan.com
Callinan Mines Limited is a Canada-based company engaged in the acquisition, exploration and development of mineral properties in the Provinces of Manitoba, Saskatchewan and British Columbia. The Company also holds a royalty interest and a net profits interest in the Callinan Mine operated by HudBay Minerals in Flin Flon, Manitoba.
Recent Sector News
-

Finders Resources ready to move Wetar to production stage
Finders Resources’ progress on its Wetar copper project has been sure and steady at a time when other early stage mine projects have stuttered.
-

EMED Mining’s land negotiations at ‘more realistic levels’, says broker
EMED Mining’s negotiations to acquire all the land related to the Rio Tinto copper mine are now at a ‘more realistic level’, according to Fairfax Securities.
-

Metminco announces major resource upgrade for Los Calatos project
Metminco today announced a major resource upgrade to its flagship Los Calatos project in Peru - lifting the resource tonnage by 150 per cent. The copper and molybdenum tonnage for the project now stands at 2.32 billion tonnes.
-

North River Resources gains access to underground areas of Namib lead-zinc project - UPDATE
The company today confirmed that it has now gained access to the underground areas of the Namib project after the historic mine was dewatered.
-

Rambler shares continue to strengthen as Ming gold mine beats expectations
Investors continue to get behind dual listed mine developer Rambler Metals & Mining as the Ming copper-gold mining operation continues to beat expectations.
-

North River Resources shares lifted by strong testwork at Malachite Pan copper project
Shares in the group received a massive boost this morning after the group announced positive results from testwork completed on samples from the Malachite Pan copper project in Namibia, where it will focus efforts this year.
-

Rambler Metals & Mining unveils new China based investor
Rambler Metals & Mining today revealed that a China based investor is increasing its stake in the company, buying 10.4 million new shares for just shy of £3 million.
-

EMED Mining shares advance on US$175 mln Goldman Sachs deal
Goldman is lending EMED the project financing money and it will be repaid in copper following the restart of the Rio Tinto mine in Andalucía, Spain.
-

EMED Mining agrees US$175 mln project funding deal with Goldman Sachs
EMED Mining has agreed a deal with banking heavyweight Goldman Sachs in relation to a US$175 million financing package for the development of the Rio Tinto copper mine
-

North River Resources & Extract start drilling at Uis uranium project
Drilling will test two targets which are believed to host a similar style of uranium rich mineralisation that is present at Extract's nearby Husab/Rossing South project and Rio Tinto's Rossing mine.
-

Weatherly International shares rise on upbeat interim results
The shares advanced 20 per cent today as Weatherly reported a US$13.3 million profit. City broker Collins Stewart believes investors will turn their attention to the firm as an emerging copper producer.
-

Weatherly International continues significant year of development and growth
In this morning’s interim results statement Weatherly reported a US$13.3 million profit. It is producing good cash flows from the mines within its central operations and it is on track to complete a feasibility study for the Tschudi open pit in the coming months.
-

Weatherly International update reveals Tschudi resource upgrade
The total resource of the Tschudi copper project in northern Namibia has increased by 5 per cent to 50.1 million tonnes at 0.86 per cent copper, according to its owner Weatherly International.
-

EMED Mining shares advance as Chinese back Rio Tinto copper mine restart
A new Chinese offtake partner has bought a 10 per cent stake in the company and will provide up to US$30 million to help fund the mine restart project.
-

Weatherly determined not to be caught out again
A year of recovery in 2011 has put Weatherly in a “pretty good space” and the copper miner is determined to keep enough in reserve to cope if there are any more financial dislocations.
-

Rambler Metals' first gold dore marks significant step, says Seymour Pierce analyst
Rambler Metals and Mining's first gold dore from the Ming Mine marks a significant step for the company, as it is now in production from its own mine. So says broker Seymour Pierce, which rates the stock a 'buy', targeting a price of 55 pence a share.
-

Quadra deal with Sumitomo could offer Metminco the key to unlocking the value of Los Calatos
The recent deal between TSX-listed miner Quadra FNX Mining and Japanese giant Sumitomo underlines the intense interest in South American copper at the moment. It possibly also serves as a blue-print for other deals in the sector – one in which an ambitious explorer is able to finance a world class project without giving away too much of the upside.
-

Metminco chief executive "delighted" with institutional backing for cash call
The success of the placing and open offer serves to underscore the potential of Metminco’s Los Calatos asset, which is one of the largest single copper deposits currently owned by a junior.
-

Metminco confirms plans for US$50 mln cash call
The cash is being earmarked for next year’s drill programme on the Los Calatos project. It will also be spent on the ongoing development of the Mollacas and Vallecillo projects.
-

UPDATE: EMED Mining shares rise on Rio Tinto permitting progress report
EMED Mining shares gained around 5 per cent today after it gave an update on permitting process for the redevelopment of the Rio Tinto copper mine in Andalucía, Spain.
-

EMED Mining reveals significant progress with govt in Rio Tinto permitting process
EMED Mining today reported significant progress in the past month as it works through the permitting process for the Rio Tinto mine redevelopment programme. Additionally it has now acquired additional mineral concessions adjacent to the mine.
-

EMED Mining is redeveloping one of the world’s greatest copper mines, says Fairfax
There is now light at the end of the tunnel for EMED Mining as it prepares to restart the development of the Rio Tinto copper mine in the Andalucía region of Spain, according to Fairfax Securities.
-

Rambler Metals & Mining's operational plan cheered by analysts
Rambler Metals & Mining told investors it has started commissioning the Nugget Pond copper concentrator but that it will begin work by processing ore at a separate gold plant next month. Analysts at Ocean Equities and Seymour Pierce digest the news.
-

North River Resources buoy analysts and investors with Ubib copper-gold results; shares up 20 pct
Sampling results from the Ubib copper-gold project have illustrated the group’s upside potential beyond the flagship Namib lead-zinc project, according to analysts at Ocean Equities.
-

Second leg of mining sector sell-off “underway”, says J P Morgan
But the investment bank still believes the foundations of the commodities “supercycle” are still in place, stating that the current sell off is “an opportunity in waiting”
-

North River Resources' subtle change of priorities could lead to early production and cashflow
The latest set of drilling results hints at the potential of its assets in Namibia. Here, with the help of management, we take a closer look at North River's projects in the country.
-

Frontier Mining – pushing forward to production
If Frontier can meet both its own and its brokers’ expectations and deliver steadily growing post-tax annual earnings from Benkala, culminating in $50 million in two year’s time, then today’s market cap of just $92 million will look a little silly.
-

First Quantum Minerals: Broker Nomura hails expanding mining and metals firm
Broker Nomura says the company has the potential to more than triple its copper production in around five years and offers the best "organic growth profile among its copper peers" but Citigroup takes a more bearish stance on the growing firm.
-

Mining sector sell-off to fuel M&A activity, says Liberium
A sell-off on the mining sector over recent months has left many players looking rather undervalued even after factoring in recent earnings downgrades. That means cash rich players will continue to hunt for acquisitions, with Liberium Capital reckoning the likes of First Quantum, London Mining and Centamin are prime potential targets.
-

Kazakhmys: strong revenue growth in H1; to proceed with Bozshakol copper project
Kazakhmys’s shares improved by more than five per cent this morning after it delivered solid results for its first half and announced that the Bozshakol copper project is to go ahead. Analysts have welcomed the news, reiterating their ‘buy’ recommendations for the firm’s shares
What do others think of Callinan Mines
Investors interested in Callinan Mines recently viewed
-
Cadillac Ventures (TSX-V: CDC) Canadian exploration company with projects in Spain, Quebec & New Brunswick -
Weatherly International (AIM: WTI) International mining and exploration company with key operations in Namibia -
Rambler Metals & Mining (AIM: RMM) Developing the Ming Copper Mine in Eastern Canada -
India Resources (ASX: IRL) Successful Australian mining, exploration and operating company in India -
Silver Swan Group (ASX: SWN) Polymetallic explorer in Western Australia

















