Latin American Minerals Inc. (TSX VENTURE:LAT) announces that it has commissioned the construction of a bulk sampling gold extraction plant following an important property acquisition milestone at its Paso Yobai gold property in Paraguay.
Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) has announced additional assay results from its 2010 Smith Mine underground exploration drilling at its wholly-owned gold production Jerritt Canyon property in Nevada, USA.
Pelangio Exploration Inc. (TSX VENTURE:PX)(OTCBB:PGXPF) has announced results from 10 additional diamond drill holes totaling 1,638 metres at the Pokukrom East and Nfante West gold zones on the Manfo Property in Ghana.
Cantex Mine Development Corp. (CD : TSXV) has announced drilling results from its Al Hariqah gold project.
HTX Minerals Corp has announced that it has entered into a new strategic alliance with Impala Platinum Holdings Limited, the world's second largest primary platinum producer. The alliance will focus on PGE-Nickel-Copper exploration within the Mid Continental Rift area in Ontario, Canada.
Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) has announced additional results from the 2010 surface core drilling program at its Bermingham property in the Keno Hill silver district, Yukon Territory.
Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) has announced that the company has commenced drilling at its Pinguino silver project in Santa Cruz, Patagonia, Argentina.
The mining industry may face an acute shortage of manpower in the next few years as per a report from professional services organization Deloitte. The report said that the industry will need 58,000 more workers by 2020 to maintain the production levels that the industry has at present.
By Joel Scanlon
24 Jan 2011
The floods may not be the worst thing that miners will be facing in Queensland according to the Construction, Forestry, Mining and Energy Union (CFMEU). The CFMEU says that the mine workers in Queensland may also lose their jobs thanks to the heavy rains and floods.
By Dr. Cameron Chai
24 Jan 2011
The coking coal miner's last director to agree to the proposal was Tata Steel’s representative NK Misra. His appointment to the Riversdale Mining board of directors was by virtue to the 24.2% stake that Tata Steel has in the company.
By Dr. Cameron Chai
24 Jan 2011
Petra Diamonds announced on Friday that it is to acquire the Finsch diamond mine located in South Africa from its current owners, De Beers Consolidated Mines for a price of 1.425 billion rand. It has also raised $325 million through a private equity placing.
JP Morgan Asset Management is setting up a new mining based mutual fund. Neil Gregson will manage the new mining sector based fund. Gregson was formerly with Credit Suisse and joined JP Morgan last year. He managed a mining related fund in the previous company and has spent 20 years in the natural resources sector.
By Joel Scanlon
24 Jan 2011
Cougar Energy will be seeking legal advice on its joint venture partner Eneabba Gas as per a statement given to the stock exchange. The two companies had an agreement to develop the Sargon coal tenements in Western Australia.
By Joel Scanlon
24 Jan 2011
Commander Resources Ltd. (TSX VENTURE:CMD) reports that Teck Resources Limited has made a final property payment on the Tam-Misty porphyry copper-gold property in the Omineca mining district.
Constitution Mining Corp. (OTCBB:CMIN) has announced that on January 18, 2011, the Company signed an agreement with Swiss Mining S.A. to start a test-mining production operation on the Company's Gold Sand's project, located in North-East Peru.