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Report Finds Australian Miners Already Paying Over 40% Tax

A new report that was commissioned by the Minerals Council of Australia says that miners will pay close to $23.4 billion in tax to federal and state governments in 2010-11 financial year. Deloitte Access Economics said in the report that the mining industry has paid an average tax of 41.5% from the financial years between 2007-8 to 2009-10.

5 Sep 2011

Minotaur Exploration Discovers Copper-Gold at Cloncurry

Minotaur Exploration has discovered a copper-gold mineralization trend which is 10 km long in the Cormorant prospect located near Cloncurry. The discovery was made during a recent drilling and geo-physics based exploratory program at the prospect in western Queensland.

5 Sep 2011

Orsu Metals Completes Infill Drilling at Karchiga Project

Orsu Metals has completed the infill drilling program on time, as a part of the current definitive feasibility study (DFS), at its Karchiga volcanogenic massive sulphide copper deposit located in East Kazakhstan.

5 Sep 2011

Concordia Resource Obtains Approval to Continue Drilling at Providencia Property

Concordia Resource has declared that its Meryllion Minerals has got the drill permits from the Directorate of Mines–Province of Jujuy in order to continue the drilling operations at its Providencia silver-copper prospect, which is located in northwest Argentina.

5 Sep 2011

Excelsior Mining Files Report for Indicated Resource of 3.2 Billion Pounds Oxide Copper at North Star

At the North Star Deposit Excelsior Mining Corp. has announced a resource estimate of oxide copper (Cu) at 3.21 billion pounds (511 million tons at 0.31% Cu) and an additional inferred resource of 0.88 billion pounds Cu (159 million tons at 0.28% Cu) as indicated. The details were in a National Instrument (NI) 43- 101 Technical Report dated August 31, 2011.

4 Sep 2011

Cartier Resources Announces Further Channel Sampling Results from Cadillac Extension Project

Cartier Resources has declared additional channel sampling results from Cadillac Extension project, which is situated 115 km to the east of Val-d'Or, Quebec.

From Cartier Resources Inc. 3 Sep 2011

Zenyatta Ventures Begins Phase II Drilling at Albany Project

Zenyatta Ventures has begun a phase II drilling campaign at the Albany project, which is located near Hearst in north-east Ontario.

3 Sep 2011

Australia Investing Heavily in African Mining

Australian mining companies are increasing their investment in African mines. The Foreign Affairs Minister Kevin Rudd said in a pre-recorded message to more than a thousand delegates at a mining conference in Perth that Australia was committed to sharing its mining experience.

1 Sep 2011

Northern Dynasty Looks to Sell Alaskan Copper/Gold Deposit

The Northern Dynasty Minerals Ltd company has put its 50% stake in a copper and gold deposit in Alaska up for sale.

From Northern Dynasty Minerals Ltd. 31 Aug 2011

International PBX Ventures Updates on Phase I Drilling at Copaquire Porphyry Property

International PBX Ventures (PBX) has updated the phase I diamond drilling campaign, totaling 5,000 m, at its Copaquire porphyry property, which has copper and molybdenum mineralization, in northern Chile.

31 Aug 2011