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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

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

Prophecy Platinum Releases Initial Hole Results from Wellgreen Project

Prophecy Platinum has released the assay results of the initial holes from its 2011 drill campaign at the Wellgreen project. The company has intersected 0.43% NiEq over 472.6 m of mineralization from the surface to the footwall contact in the borehole WS11-184.

24 Aug 2011

Victory Nickel Discovers Nickel Mineralization at Minago’s Nose Deposit

Victory Nickel has discovered a formerly strange western expansion of nickel mineralization at the Nose Deposit. The location of this deposit is at Minago nickel project in Manitoba.

From Victory Nickel Inc. 10 Aug 2011

HudBay Minerals Signs Sales Agreement with Solway Group for Fenix Project

HudBay Minerals has signed a definitive agreement with the Solway Group for the sale of 100% interest in the Fenix project.

From HudBay Minerals Inc. 9 Aug 2011

Cadillac Ventures Reports Drilling Results from K1-1 Deposit at Thierry Project

Cadillac Ventures has reported the results of four holes, which were drilled at the K1-1 deposit.

From Cadillac Ventures Inc. 29 Jul 2011

Quadra FNX Mining Announces Jump in Q2 Production

Quadra FNX Mining said that there has been a 20% increase in the second quarter production for 2011. The combined payable production included 55 million pounds of copper, 27 thousand ounces of total precious metals and 2 million pounds of nickel.

From Quadra Mining Ltd. 26 Jul 2011

Victory Nickel Receives Additional Positive Results from Minago Project

Victory Nickel has reported further positive results from the Minago sulphide nickel project, located on the Thompson Nickel Belt in Manitoba. These results continue to confirm the continuity of the North limb nickel mineralized domain potential at the project.

From Victory Nickel Inc. 22 Jul 2011

Mindoro Resources Reports Positive Drilling Results from Agata South

Mindoro Resources has announced encouraging results from the drilling program at the Agata South nickel laterite mineralization, having intersected strong iron and nickel grades at surface and broader than the anticipated profiles of saprolite and limonite.

8 Jul 2011

Victory Nickel Receives Analytical Results from Minago Nickel Project

Victory Nickel has reported the analytical results from five holes, which is drilled at the "North Limb" nickel-mineralized area in the Minago nickel project.

30 Jun 2011