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Fortescue Metals Resumes Operations in the Pilbara After Heidi

The Fortescue Metals Group (FMG) announced that they had resumed mining operations at two of its mines in the Pilbara region after flooding due to Tropical Cyclone Heidi had forced operations to be suspended. The company is the third largest producer of iron ore in Australia.

From Fortescue Metals Group Ltd 16 Jan 2012

Blackham Resources Confirms Matilda Gold Resource at 601,000 Ounces

Australian mining company Blackham Resources announced that its recently acquired Matilda Gold Project has an existing Inferred Resource of 10.2 million tonnes at 1.8 grams per tonne for 601,000 ounces of gold.

From Wiluna Mining 16 Jan 2012

AusAmerican Mining Lists on OTCQX‎

Australian-American Mining Corporation Limited Is now being traded on the highest tier of the OTCQX. The OTC Markets Group said that the company has chosen to have its American Depositary Receipts traded with them.

15 Jan 2012

Exxaro Resources Launches Bid for African Iron

Exxaro Resources has launched a $349 million bid for African Iron. The South African company is hoping to gain control of the Australian listed African Iron’s Mayoko iron ore project located in the Democratic Republic of Congo.

From Exxaro Resources Limited 11 Jan 2012

New Mining Bill to Cost Says Department of Natural Resources

A new mining bill being pushed by the Republicans in Wisconsin could end up costing the Department of Natural Resources between $550,000 and $3.8 million a year. Analysts say that the bill could lead to higher expenses and lower revenue.

10 Jan 2012

Grand Canyon Gets Protection from Mining for 20 Years

In a move that will make many environmental groups happy the U.S. Interior Secretary Ken Salazar has imposed a 20 year long ban on any new uranium and other hard rock mining near the Grand Canyon National Park. The ban has been put in action to protect the Colorado River basin.

10 Jan 2012

Gina Rinehart Appoints Daughter Ginia to Board

Gina Rinehart has decided to reward her loyal daughter by projecting her as her heir. The 25 year old Ginia Rinehart is the only one of her four children who is not suing her for control of her $10 billion empir

From Hancock Prospecting Pty Ltd. 10 Jan 2012

BX Drilling Supply Now Provides Drilling Products in South America

BX Drilling Supply based in Boise has extended its drilling works to Lima, Peru. PVC. drilling fluids, drill bits, specialized core boxes and steel casing are supplied by the company for mining and drilling projects globally.

10 Jan 2012

Teuton Resources Releases Magneto-Telluric Survey Results from Treaty Creek Property

Teuton Resources has reported magneto-telluric survey results from Treaty Creek property. The property is situated in the northern part of Stewart in the Eskay Creek-Sulphurets-Premier area, Northwest British Columbia.

From Teuton Resources Corp. 7 Jan 2012