Markel Corporation announced today that Ellicott Dredge Enterprises, LLC (Ellicott), through its subsidiary Rohr International Dredge Holdings, Inc., acquired IDRECO GmbH (IDRECO), which is based in Heerenberg, The Netherlands. IDRECO is a leader in deep digging electrical suction and cutter suction dredges serving primarily the sand and gravel and mining sectors. Ellicott is a subsidiary of Markel Ventures, Inc. Terms of the transaction were not disclosed.
Redhill Resources has provided a detailed report on its exploration activities carried out in Nyakagwe Properties in Tanzania, East Africa. This property is located on the Bulyanhulu regional trend which in turn is placed at distance of less than 6 km from Barrick Gold’s Bulyanhulu gold mine.
Sono Resources has announced that it has commenced its planned exploration program for 2012 as per an agreement it entered with Alaska Metals.
This month, Energy Digital discusses Wavefront Technology Solutions' revolutionary PowerWave technology and its potential to increase oil supplies in the US more than proposals for the pursuit of oil sands.
Medallion Resources Ltd has announced that it would be acquiring existing holdings of the reddish-brown phosphate mineral Monazite that contains rare earth metals as part of its new strategy. Medallion has also decided not to invest more funds into the exploration of the Eden Lake property in Manitoba, Canada.
Image Resources is beginning their feasibility study on the North Perth Basin Heavy Mineral Project in Western Australia. The company owns the property outright and hopes to begin production by 2014. This is supported by the Scoping Study completed in August 2011.
Eramet, the world's 2nd-largest producer of manganese alloys for steelmaking and Mineral Deposits Limited, a Melbourne, Australia based mining company developing the world class Grande Côte Mineral Sands Project in Senegal, West Africa, are to sign up for a joint venture to develop their assets in Senegal and Norway.
The ban on sand mining in non-coastal regulatory zone areas of Ratnagiri and Sindhudurg have been lifted for two years. The Ministry of Environment and Forests has announced that the ban was temporarily lifted on Monday. The lifting of the ban will bring relief to builders in the Indian state of Maharashtra who have been facing a shortfall of sand for construction purposes.
The Queensland Resources Council wants the state to ease up and allow more mining exploration. The chief of the Queensland Resources Council Michael Roche said that the horrible environment for mining exploration in the state is getting even worse. The state’s policy settings are going from bad to worse as the Labor government tries to please the Greens by going back on its promises to the mining community.
Matamec Explorations Inc. (TSX VENTURE:MAT) has announced that assay results have been received for a further eight DDH on its 2010-2011 diamond drilling program on the Kipawa HREE-Y-Zr deposit in western Quebec.
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