Arabian American Development Co. (Nasdaq: ARSD) announced today that AMAK, the joint stock company in Saudi Arabia which is 41% owned by ARSD, has applied for four additional leases surrounding the Al Masane area (Najran province) in southwestern Saudi Arabia.
AMFIL. (Pink Sheets: AMFE.PK) has reported that the Company has entered into Joint Venture Agreement to acquire certain Mining Permits for mining claims in Guyana.
The U.S. Government's Office of Surface Mining Reclamation and Enforcement has outlined in a document how protecting streams from coal mining will affect the industry.
By Joel Scanlon
27 Jan 2011
Newcrest Mining is likely to get a boost in its stock value with a secondary listing on the Toronto Stock Exchange as per JP Morgan. Lihir Gold was delisted from the Toronto Stock Exchange when it was taken over by Newcrest Mining last year.
In Brazil the government is looking forward to a larger share from mining profits. Brazilian President Dilma Rousseff said she hoped that the new legislation which seeks to limit foreign investment in the mining sector will be approved this year.
By Joel Scanlon
27 Jan 2011
Clifton Star Resources and Osisko Mining have announced high grade intersections at their Duparquet project in Quebec. The promising results come from their 2010 drilling program at the project on the Donchester property.
Capstone Mining Corp reported lower copper concentrate production in the fourth quarter at its Cozamin mine. The mine located in Mexico in the Zacatecas State was operating at 50% of its production level during that period.
Botswana Diamonds is ready to list on the Botswana Stock Exchange by the end of February as per company officials. However the Botswana Stock Exchange said Friday that it had not received an listing application as of yet.
By Dr. Cameron Chai
27 Jan 2011
ArcelorMittal and Nunavut Iron Ore have announced that they have been given control of 59% of Baffinland Iron Mines and so have extended their offer which expired on Monday to February 4. The battle for company ownership which took up so much media attention may now finally be resolved.
By Joel Scanlon
27 Jan 2011
Nunavut Iron Ore Acquisition Inc. confirmed today that certain conditions of its offer to purchase common shares of Baffinland Iron Mines Corporation described in the Notice of Variation and Extension dated January 10, 2011 had not been satisfied and that the NI Offer has expired.
SAMEX (TSX VENTURE:SXG)(OTCBB:SMXMF) has commenced a substantial geophysical survey over portions of the Los Zorros district in Chile.
NMC Resource Corporation (TSX VENTURE:NRC) ("NMC Resource") - Over the past five years, a number of deep holes beneath the mine workings at the NMC Moland Mine have been drilled to trace the down dip extensions of the skarn type molybdenum zones.
NSGold Corporation (NSX : TSXV) provides the following update on the drilling programs at its Leipsigate and Mooseland gold properties located in Nova Scotia.
Trelawney Mining and Exploration Inc. (TSX VENTURE:TRR)(FRANKFURT:RTW) has provided an update of the underground operations and permitting at its Chester One Gold Mine located halfway between Timmins and Sudbury in northern Ontario.
Vale announced today that it has reached tentative agreement on a new contract with the United Steelworkers Local 9508 representing mine and mill operations employees at Voisey's Bay, Labrador.