MRC Allied Inc has entered into a mining operations agreement with Pensons Mining Corp for the exploration and development of the 8,475 hectare Paquibato Mines.
By Joel Scanlon
8 Feb 2011
A renewed license for Marathon Resources (ASX:MTN) to explore for uranium resources in the Arkaroola Wilderness Sanctuary has the Wilderness Society and South Australian Liberal Senator Nick Minchin up in arms.
Tshipi e Ntle Manganese Mining (Pty) Ltd. board of directors has decided to allocate $200 million for the construction of the Tshipi Borwa manganese mine located near Hotazel in the Northern Cape region.
By Dr. Cameron Chai
8 Feb 2011
The Mining Resources Department in South Africa is making sweeping changes to the mining application system. Henceforth new mining applications will be accepted online.
By Joel Scanlon
8 Feb 2011
Crystallex International Corp lost a major gold project in Venezuela and as a result 39% of market capitalisation in the same day. The Toronto based company is a junior miner listed on the Toronto Stock Exchange. The shares fell 9 cents to 14 cents after 8.5 million shares were traded.
Sterlite Industries (India) Limited today announces the completion of the acquisition of a 74% interest in Black Mountain Mining Pty Ltd in South Africa from Anglo Operations Limited, a member of the Anglo American plc Group, for a share value of $260 million.
ECU Silver Mining Inc. (TSX:ECU) has announced some of the results from its current development work, where the Company has again recorded significantly higher grades from active stopes compared to the mineral resource grades calculated for the Company's NI 43-101 resource report, in the same corresponding area.
Golden Goliath Resources Ltd. (TSX VENTURE:GNG)(PINK SHEETS:GGTH-F) Drill Hole F-4-10 drilled a high grade zone of 412 g/t silver, and 1.14 g/t gold over 0.85m overlain by a wider zone of 0.34 g/t gold, and 52 g/t silver over 22.5m. F-4-10 ended in mineralization.
American Energy Fields, Inc. (OTCBB:AEFI) has announced that it has located 35 lode mining claims in the Aquarius Mountains Mining District in Mohave County, Arizona, a region noted for uranium and rare earth metals.
Tiex Inc. (TSX-V: TIX) has announced the results of its Viewland - MMI soil sampling program. This project is located near the community of Horsefly, approximately 40 km north-northwest of the settlement of Horsefly and approximately 115 km northeast of the town of Williams Lake within the Cariboo Mining Division of British Columbia.
African Aura Mining Inc., the TSX-V (AUR) and AIM (AAAM) listed exploration and development company has announced an updated independent National Instrument 43-101 compliant Mineral Resource Estimate at its 38.5% owned Putu iron ore project in Liberia.
GGL Resources Corp. (TSX VENTURE:GGL) reports that Rio Tinto Exploration Canada Inc. ("RIO") has notified GGL that it is planning to budget approximately $650,000 for diamond exploration on the CH Project claims.
Grizzly Discoveries Inc. (TSX VENTURE:GZD) (FRANKFURT:G6H) has reported drilling results for the Greenwood Project, including the discovery of widespread copper and low-grade gold associated with skarn-type alteration at Ket 28 and Copper Mountain; and excellent potential for discovery of large tonnage, bulk mineable, porphyry style copper-gold deposits at the high priority Dayton area near the historic Mt. McKinney gold camp based upon the presence of widespread copper-gold mineralization.
Green Technology Solutions, Inc. (OTC BB: GTSO.OB) announced today that it has entered into a joint venture agreement with Rare Earth Exporters of Mongolia in order to procure rare-earth mining claims and operations in the developing Asian nation.
Kivalliq Energy Corporation (TSX VENTURE:KIV) has announced the release of the first NI 43-101 compliant Mineral Resource estimate for the Lac Cinquante uranium deposit, located within Kivalliq's 225,000 acre Angilak Property in Nunavut, Canada.