Cerro Resources NL (ASX:CJO)(TSX VENTURE:CJO) has announced it has entered into a share purchase agreement with all the shareholders of Minera Tasmania S.A. de C.V., a company incorporated under the laws of Mexico, to acquire 100% of the issued shares in the capital of Minera.
Canadian International Minerals Inc. (CIN-TSX.V) has announced the completion of the 2010 diamond drilling program at the Carbo Project, located northeast of Prince George, BC.
Jwaneng, the largest diamond mine in Botswana just got an increase to its lifespan. The President of Botswana Ian Khama announced on Friday that the $3.63 billion dollar project would extend the lifespan of the mine to 2024. It was scheduled to end in 2017 before this planned expansion.
By Joel Scanlon
13 Dec 2010
The city of Flagstaff near the Grand Canyon has joined forces with others who are opposing mining near the heritage park.
By Joel Scanlon
13 Dec 2010
Bathurst Resources Ltd (ASX:BTU) is developing a large open cut coal mine in the Buller region on New Zealand’s South Island. The company is focused on becoming a producer of high quality coking and thermal coal to niche export markets.
By Joel Scanlon
13 Dec 2010
ABM Resources is happy with the gold results that it has dug up at 8 holes in the Buccaneer Porphyry Gold Prospect. The Buccaneer Porphyry Gold Prospect is part of the multi prospect Twin Bonanza Project area located in the Northern Territory.
By Joel Scanlon
13 Dec 2010
Alara Resources (ASX:AUQ) has identified high grade copper at the Daris Copper Project in Oman via three diamond drill holes.
The gas explosion which killed 29 miners at the Pike River Coal mine in New Zealand has contributed to major debts that the company may not be able to pay. Mining operations have not been undertaken since November 19, the day of the blast.
Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced it has entered into an agreement to farm into Global Energy Development PLC Block 95 in Peru's Marañon Basin.
Molycorp, Inc. (NYSE: MCP) today announced that it has entered into a Memorandum of Understanding with Sumitomo Corporation pursuant to which Sumitomo will assemble an equity and debt financing package in the aggregate amount of $130 million for Molycorp's use in completing its rare earth "Mine-to-Magnets" manufacturing supply chain.
NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) has reported new Iron, Titanium and Vanadium assay results from recently discovered massive and disseminated magnetite-ilmenite lenses found during the summer-fall 2010 exploration program on the Company's wholly-owned La Blache Iron-Titanium-Vanadium Property.
GOLDCORP INC. (TSX: G, NYSE: GG) today announced that the scheme of arrangement pursuant to which Goldcorp will acquire all of the outstanding shares of Andean Resources Limited (TSX and ASX: AND) has been approved by the Federal Court of Australia.
Alberta Star Development Corp. (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD) announces that the Company has successfully drilled and cased its first well in its Phase 2 Drilling Program in Landrose, Saskatchewan.
VMS Ventures Inc. (TSX VENTURE:VMS) has announced that joint venture partner HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) has informed the Company that the first step out drill hole undertaken by the joint venture has been successful in intersecting massive sulphide mineralization approximately 214 meters down plunge from the deepest intersection previously drilled into the deposit.
NSGold Corporation (NSX : TSXV) has reported that that it has completed the Phase 1 Drilling program at the Mooseland Gold Project and is now moving the drill rig to its wholly owned Leipsigate gold property.