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
NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) has announced additional Iron, Titanium and Vanadium assay results from the recently discovered massive magnetite-ilmenite Leduc Occurrence found during the summer-fall 2010 exploration program on the Company's wholly-owned 646 claims / 355 km2 La Blache Iron-Titanium-Vanadium Property.
Estrella Gold Corporation (TSX VENTURE:EST) has announced the establishment of a Joint Venture with Cliffs Natural Resources Exploration Inc. for the exploration and potential development of the Company's Pampa Poroma Iron Oxide Copper Gold project in Peru.
Viper Gold Ltd. (TSX VENTURE:VPR) has reported that it has completed the Phase II exploration program on the Corongo Au-Ag Property located in the Department of Ancash in Peru with final assay results from the Descubridora Zone.
Perseus Mining Limited (ASX / TSX: PRU) has provided a drilling update on the Company's gold projects in Ghana and Côte d'Ivoire, West Africa.
Sidon International Resources Corp. reports that it has commenced its drilling program on the company's MEG Property southeast of Morogoro in east central Tanzania.