The Washington Department of Ecology slapped a $22,000 fine on a mining company for submitting incorrect test results of water discharge from its gold mine.
US Nickel Ltd has announced that it is to make an offer for Argent Minerals Ltd. According to the takeover terms US Nickel will offer four of its own shares for three shares in Argent Minerals that it doesn't currently own.
The mining industry is the largest generator of jobs in Queensland with more than 130,000 jobs being created directly and indirectly by the industry in the last year in Brisbane alone, according to a Queensland Resources Council report released this week. The Queensland mining industry has also generated around $3.8 billion in income tax in the last financial year as well.
Columbus Gold Corporation (TSX VENTURE:CGT) has announced that its ongoing prospecting program has resulted in the acquisition of the Browns Canyon property, another highly prospective gold property in Nevada, bringing its total gold property portfolio to 23 projects.
Candorado Operating Company Ltd. (TSX VENTURE:CDO) (FRANKFURT:HQU) (BERLIN:HQU) has announced today, subject to TSX Venture Exchangeapproval, that it has entered into an agreement with a private vendor to earn a 100% interest in certain mineral claims, approximately 1,370 hectares in size, situated in the vicinity of the Canadian International Minerals Ltd. Carbo rare earth elements prospect located in the Wicheeda Carbonatite Belt, north of Prince George, BC.
Gryphon Resources Inc. (OTC Bulletin Board: GRYO) today announced it has acquired exploration rights to 11 mineral properties in south-eastern Arizona, USA commencing stage one of Gryphon's new lithium exploration program.
Anglo American has decided to sell the Callide thermal coal mine in central Queensland located south west of Gladstone. The decision comes as the mining company wants to maintain focus on its high margin export businesses. No value has been placed on the Callide mine by the company.
Statoil (OSE: STL, NYSE: STO) has agreed to sell a 40% interest in its oil sands project in Alberta, Canada to PTT Exploration and Production of Thailand.
Argus Metals Corp. (TSX VENTURE:AML) announces that it has staked an additional 1,782 new Quartz Claims in the Hyland Gold District, Yukon Territory.
Madalena Ventures Inc. (TSX Venture: MVN) today announced that it has filed its unaudited financial statements and related management's discussion and analysis for the three and nine months ended September 30, 2010 on www.sedar.com and on its website www.madalena-ventures.com.
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