Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) has announced partial results from diamond drill hole sixteen and all of the results for diamond drill hole fifteen on the Company's Somituri Project in north-eastern Democratic Republic of Congo.
Candente Copper Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) has reported that highly anomalous copper, gold and molybdenum geochemical results have been returned from strongly altered and leached rock samples collected on their 100% owned Arikepay porphyry property in southern Peru.
GEOMEGA RESOURCES INC. (TSX-V: GMA) announces it has initiated a 10,000 meters drill program at Montviel.
Canterra Minerals Corporation (TSX VENTURE:CTM) has announced that it has entered into three separate option agreements to acquire a 100% interest in a total of 74 unpatented mineral claims located in the Kenora and Patricia Mining Divisions of Ontario.
Fjordland Exploration Inc. (TSX VENTURE:FEX) has provided an update on exploration activities on its Tak-Milligan copper-gold-molybdenum project in central British Columbia, under a recent option agreement with Capstone Mining Corp., whereby Capstone may acquire up to a 70% interest in a large property portfolio prospective for copper-gold, porphyry-type deposits.
Columbus Gold Corporation (TSX VENTURE:CGT) has announced that drilling has commenced on the Company's Guild Project where joint venture partner Sniper Resources Ltd., is earning an initial 51% interest by undertaking staged annual exploration expenditures totaling US$2 million by October 2nd, 2012.
Brigus Gold Corp. (TSX:BRD)(NYSE Amex:BRD) has completed the review of historical information from the past producing underground Stock gold mine located on Brigus' 100% owned 24 square kilometre Stock Mine property in the Timmins Mining District, Ontario.
Augyva Mining Resources Inc. (TSX VENTURE:AUV) and Canadian Century Iron Ore Corporation has announced that Phase II of the drilling program will begin shortly on the Duncan Lake Iron Ore Project located in the James Bay Region of Quebec.
Vector Resources (ASX:VEC) has finished its first drill program in the Earaheedy project located in Western Australia north east of Wiluna. The project is a joint venture with Cazaly Resources (ASX:CAZ) which owns a 50% stake in the project. The drill program has 21 holes planned and the testing of the first one has been promising.
Zimbabwe will not see itself free to sell its controversial Marange field diamonds if the Swiss have their way. An international development organization called “Bread for All” located in Switzerland said that the definition of “Blood Diamonds” needed to be amended to include human rights violations by government forces.
By Joel Scanlon
7 Dec 2010
The state owned Rosatom Corp’s purchase of 51% of the Canadian company Uranium One Inc will put it in a position to control about half of the U.S. uranium production. The Russian company which recently took charge of uranium mines in Wyoming is barred from exporting produced material.
Vedanta Resources plc (LSE:VED) has bought the Skorpion zinc mine in Namibia from Anglo American group. The $707 million deal is part of the Anglo American sale of its zinc portfolio announced earlier in the year.
Havilah Resources (ASX:HAV) is going to set up a gold mine in South Australia. Located in the far north east of the state, the Portia gold project in the Curnomona region will see development work start in the coming year.
Mines in Queensland, Australia are being affected by flooding caused by heavy rain over the east coast of Australia. With ten years of drought the mining companies had not planned for water management in case of floods. Now the coal mines in the region are flooded and looking more like dams.
By Dr. Cameron Chai
7 Dec 2010
There seems to be a higher degree of violence in areas where miners work on a ‘fly in and fly’ out basis in Australia. As per research conducted in Queensland and Western Australia there are more cases of violent assaults in the mining community here than in other states.
By Dr. Cameron Chai
7 Dec 2010