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Cabo Drilling Receives Drill Rigs Contract from Curis Resources

Cabo Drilling has received two drill rigs contract and to drill a minimum of 7,500 feet at the Florence copper project of Curis Resources.

From Cabo Drilling Corp. 11 May 2011

Western Sierra Mining Uses Portable Processing Equipment to Expand Exploration

Western Sierra Mining will use a new handy processing equipment to extensively develop the capabilities of its exploration and testing.

10 May 2011

Orica Reports Strong Growth

Explosives and chemicals manufacturer Orica has reported a strong profit with a nearly fivefold increase in the first half net profit for the year. The net profit of $263.8 million was posted by the company for the six months till March 31, 2011. This is a 379% increase from $55 million that was posted in the first fiscal half of 2010.

2 May 2011

NRW Holdings Wins Pilbara Mining Contract from Rio Tinto

Mining contractor NRW Holdings has bagged a contract from Rio Tinto for earthworks and primary civil works in the Pilbara region. The $160 million worth 12 month contract will see work at the Brockman project and the Western Turner Syncline project.

1 May 2011

Sandvik Mining and Shandong Energy Machinery Form Coal Mining Equipment JV

Sandvik Mining and Construction and Shandong Energy Machinery Co. in Xintai, Shandong Province, China, have signed an agreement to form a 50/50 owned joint venture for the production and sales of coal mining equipment.

From Sandvik AB 1 May 2011

Treasury Metals Announces Addition of Third Drill Rig to Goliath Gold Project

Treasury Metals has announced the addition of a third drill rig to the Goliath Gold project. The company is extending the ongoing 20,000 metre diamond drill program to 30,000 metres.

From Treasury Metals Inc. 30 Apr 2011

Golden Reign Resources Signs Contract to Engage Second Drill Rig for San Albino Mine

Golden Reign Resources has signed an agreement with Canchi Perforaciones de Nicaragua to contract a second drill rig for the San Albino-Murra gold property in Nicaragua.

26 Apr 2011

Quia Resources Signs Drill Rigs Contract with Minicivil for San Lucas Property

Quia Resources has entered into a contract for two drill rigs with Mincivil to finish 5,000 metres of drilling at its San Lucas property in Colombia.

26 Apr 2011

Castle Peak Mining Mobilizes Diamond Drill Rig to Nkwanta Concession

Castle Peak Mining has entered into an agreement with Reflex Drilling and has moved a diamond drill rig to the high-preference targets on the Nkwanta concession.

21 Apr 2011

Old Mining Law Threatens U.S National Parks

The Grand Canyon is at risk from a 1872 mining law. The ancient law signed by President Ulysses S. Grant, allows mining companies to take without paying a royalty around $1 billion worth of gold and other metals from pub...

18 Apr 2011