Daily FNArena News

Carnavale Resources shares have jumped today after the company announced the acquisition of a molybdenum project in Brazil to add to its copper/gold and iron ore interests.

Arthur and Martha were at it again last night, as it gradually dawned on traders that good news may not have been such good news after all.

National Australia Bank’s monthly look at base metal markets suggests the trend appears to be for prices to ease into 2008.

Sallay Malay has proven the outstanding nickel play of the last twelve months. Stockbroker Patersons continues to see upside.

Even Oxiana’s Owen Hegarty doesn’t know whether the company will remain independent in the years ahead.

The Alcan takeover saga has just entered a new chapter, and BHP Billiton is believed to be in it.

Weekly musings from your editor.

Morgan Stanley suggests Sigma is a logical counter-bidder for Symbion Health (SYB) and at today’s AGM management has indicated such an option is being explored.

It might be called Kagara Zinc, but this mining junior might just be sitting on a gold deposit to rival Newcrest’s Ridgeway.

Westpac’s Leading Index suggests the Aussie economy is to remain on a healthy footing throught the remainder of 2007.