Newcrest Mining Ltd. (ASX:NCM) has recorded a 32% increase in its Q4 2009/2010 production. A year ago it produced 397,826 ounces of gold in the same quarter, and this year it produced 526,131 ounces of gold.
Canadian Gold mining company Argonaut Gold (TSX:AR) has recorded an increase of 57% in gold production in the second quarter. Argonaut produced 10,062 oz of gold during this time frame.
A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.
Environmental concerns are affecting China's mining activities again. Zijin Mining Group was required to shut down a copper plant in Shanghang in the Fujian province after a team of government investigators found a substantial leakage of waste water on July 3, 2101.
Indophil Resources (ASX:IRN) is looking for potential buyers after Zijin Mining Group Co. decided to terminate a takeover offer relating to the open pit ban in South Cotabato province of the Philippines which impacts its Tampakan Copper-Gold Project.
Peel Exploration Managing Director Rob Tyson is excited about a significant deposit that may be found in the historic May Day mine.
Rio Tinto wants more than to be a side line partner for Ivanhoe Mines in Mongolia. The Canadian miner Ivanhoe was assisted by Rio to end lengthy and complicated 5 year old negotiations under Mongolian mining law for the largest undeveloped copper deposit in the world.
Tasmanian Gold mines are investing more dollars into expanding their exploration activities. The Henty Gold Mine in the north west of Tasmania has 3 exploration licenses covering more than 12 km.
Sichuan Taifeng has received approval to increase its stake in IMX Resources (ASX:IXR). The Chinese company will also invest in a South Australian iron ore, copper and gold mine. The Foreign Investment Review Board has a...
Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.