Mining Business News

RSS

Thiess Mining Awarded $1.3 Billion Coal Contract

Thiess Mining, a subsidiary of Leighton Holdings, hopes to extend operations at a Bowen Basin mine thanks to the $1.3 billion contract granted to it by Peabody Energy.

19 Jan 2011

Rio Tinto's Iron Ore Production Up

The multinational mining giant Rio Tinto has seen record iron ore production in the last quarter of 2010. There was a 6% increase in the quarterly production in the final quarter of the year despite the troubles with Iron Ore Company of Canada.

From Rio Tinto plc 19 Jan 2011

Improvement in South Africa's Mining Sector

Production in South Africa's mining sector has risen 9.6% in November on a yearly comparison. In October it had been revised to a 6.5% rise as per available statistics. This is indeed good news as the mining production was showing a negative annual growth rate at the end of May of -7.7%.

19 Jan 2011

SRK Consulting Chosen to Assess Colt Resources' Gold and Tungsten Properties in Portugal

Colt Resources Inc. has announced that SRK Consulting (U.S.) Inc. (SRK) has been contracted to design and implement a comprehensive work program to advance Colt's gold and tungsten properties located in Portugal.

From Colt Resources Inc. 19 Jan 2011

Focus Ventures Acquires Large Phosphate Property in Peru

Focus Ventures Ltd. (TSX-V: FCV.V) has announced that it has staked a large property package prospective for phosphates near the towns of Tarma and La Oroya in central Peru, roughly 200km east of Lima.

From Focus Ventures Ltd. 19 Jan 2011

Cartier Resources, Copper One Enter Agreement to Explore Riviere Dore Copper Nickel Property

Cartier Resources Inc. (TSX VENTURE:ECR) has reported that, subsequent to the Letter of Intent announced on October 28, 2010, it has signed the Option and Joint Venture Agreement with Copper One Inc. (TSX-V: CUO) to explore and develop the Rivière Dore Copper Nickel property in Quebec.

From Cartier Resources Inc. 18 Jan 2011

Ardent Mines to Buy Gold Hills Properties in Brazil

Ardent Mines Limited (OTC Bulletin Board: ADNT) has agreed upon binding and exclusive terms to acquire Gold Hills Mining Ltda., a Brazilian corporation which owns mineral rights on four properties located in Northeastern Brazil, comprising a total area of approximately 3,500 Hectares, collectively to be known as the "Serra do Ouro" project.

18 Jan 2011