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Newcrest Flying Workers from East to West Coast to Fulfil Staffing Needs

Newcrest Mining is using ‘Fly in, Fly out’ labor for its Telfer mine in Western Australia. The workers are being sourced from the east coast instead of from Perth. The move signals a new beginning to the mining industry’s approach to employing workers.

From Newcrest Mining Limited 13 Jun 2011

Capella Resources Finds New Mineralization Zones at Lajitas Project

Capella Resources has identified two recent mineralization zones at its Lajitas gold-copper project in northern Chile through the airborne hyperspectral imaging survey, which was completed recently by SpecTIR of Nevada.

13 Jun 2011

Redhill Resources Announces Deflector Drilling Program at Gullewa Project

Redhill Resources has announced that Mutiny Gold has reported to the company about the completion of infill drilling through the first reverse circulation (RC) drilling program at the Deflector extension zones.

13 Jun 2011

Everton Resources to Start Deep Drilling Program at Ampliación Pueblo Viejo Project

Everton Resources has announced its second drill rig’s arrival to begin the 20,000 m deep-drilling program at the Ampliación Pueblo Viejo (APV) project in the Dominican Republic’s central region.

From Everton Resources Inc. 13 Jun 2011

Gold Finder Cuts High-Grade Gold at Golden Rose Property

Gold Finder has encountered potential high-grade gold mineralization from its latest phase III drilling campaign at the Golden Rose Property.

10 Jun 2011

First Star Resources Announces Winter Drilling Results from LMS Property

First Star Resources has reported its 2011 winter drilling program results from its flagship LMS property in Alaska.

10 Jun 2011

Arcus Development Group to Commence Diamond Drilling at Dawson Gold Project

Arcus Development Group has mobilized the crews to the Dawson Gold project. The company has started the in-fill auger soil sampling and is expected to begin diamond drilling soon.

10 Jun 2011

Tanzania Looks to Increase Mining Taxes

In Tanzania the planning commission is considering introducing a super profit tax in the mining sector which would be similar to Australia’s resource rent tax. The country is amongst the top three gold producing nations in Africa.

From Barrick Gold Corporation 9 Jun 2011

Newcrest Downgrades Gold Production for 2011

Australian miner Newcrest has cut its output estimates for gold in the current year. Newcrest Mining said that a power malfunction at the Lihir mine in Papua New Guinea was the reason why they had downgraded the full year gold production guidance from 2.82 million ounces to 2.7 million ounces of gold in 2011.

From Newcrest Mining Limited 9 Jun 2011

Fairmont Resources Begins Exploration work at Marmion Property

Fairmont Resources has started the exploration at its Marmion South Contact Property. This property covers 8,208 ha around 200 km west of Thunder Bay in Ontario.

9 Jun 2011