Romarco Minerals (the company) is a gold development company focused on production primarily in the US.
Equinox Minerals has beaten analysts estimates as it reported a fourth quarter profit. It also said that its full year copper output has surpassed its guidance. Equinox ended the year with $319,480 million in cash and cash equivalents.
Zimbabwean President Robert Mugabe is set to take over 51% of all mines operating in the country, including foreign owned mines. The guidelines for mine ownership in Zimbabwe will be published on Friday and will take effect in a week’s time.
The Environment Protection Agency in the U.S. is may have to adhere to a deadline of 60 days for mining permit approvals if some law makers have their way. U.S. Reps. Hal Rogers of Kentucky and Shelley Moore Capito of West Virginia have brought in a Mining Jobs Protection Act into the House that will help protect Appalachian coal miners.
By Joel Scanlon
10 Mar 2011
Rio Tinto has increased its offer for Riversdale Mining by 3% in a bid to break the shareholder standoff that has ensued after it made its first bid. The offer period has also been extended until April 1, 2011, the third time that it has been extended.
By Joel Scanlon
10 Mar 2011
Information about the second and third infill drill holes, LE-K-65 and LE-K-66 in the Main Zone South of the Kuriskova uranium deposit in Slovakia was announced by Tournigan Energy on March 7, 2011.
By Joel Scanlon
10 Mar 2011
An area of land surrounding the Los Amoles Property has been applied by Yale Resources through land staking.
By Joel Scanlon
10 Mar 2011
Sonora Resources has announced the expansion of its Los Amoles property size by an additional 1,960 hectares through land staking.
By Joel Scanlon
10 Mar 2011
The intersection of a wide zone of mineralization grading 3.15 g/t Au over 21.5m including 9.78 g/t Au over 2m and 9.31 g/t over 2.5m in VL-11-250 located at the Leprechaun Gold Deposit has been declared by Marathon Gold and Mountain Lake Resources.
The progress achieved by Sociedad Sulfatos Chile, a copper sulfate subsidiary of Casablanca Mining, was declared by the company on March 8, 2011.
By Joel Scanlon
10 Mar 2011
The opposition leader Barry O’Farrell’s plan for a National Park near Sydney is unlikely to happen as it will affect a number of mining permits. O’Farrell has been treating the proposed park in the Dharawal State Conservative Area as his environmental platform for the elections. However previously unpublicized BHP Billiton mining licenses in the Dharawal State Conservation Area region have made the plan a legal nightmare.
By Joel Scanlon
9 Mar 2011
The assistant governor of the Reserve Bank of Australia, Philip Lower said that near record terms of trade in the country were helping the boom in investments and profits. People were hiring more workers despite the rise in wages due to the high levels of productivity and profitability in the current time frame.
By Joel Scanlon
9 Mar 2011
Rudy Gomez, a mining prospector, has sold the Carrapateena gold and copper project to Oz Minerals. The prospective mine is located in South Australia close to the BHP Billiton Olympic Dam mine.
By Joel Scanlon
9 Mar 2011
Century Mining Corp said in a statement on Tuesday that it has put all capital projects on hold at their Lamaque gold mine in Val d'Or, Québec. The hold has been indicated due to equipment problems.
AngloGold Ashanti Chief Executive Mark Cutifani said that the company was not currently looking at making acquisitions, although they were always open to opportunities if they made economic sense. The company was ready to accept a range of options as per the CEO.
By Joel Scanlon
9 Mar 2011