Zijin Mining Group Co Ltd has had an excellent year in 2010. The company is expecting to see its net profits rise by 30 to 40% as it gets ready to announce its net profit for the last year.
By Joel Scanlon
18 Jan 2011
The shares of Nautilus Minerals Inc (TSX & AIM: NUS) took and understandable leap on the stock markets as the company gained approval for its Solwara 1 undersea mining project in the Bismarck Sea from Papua New Guinea government.
By Joel Scanlon
18 Jan 2011
The Collahuasi mine in Chile hopes to find an alternative export route for its copper ore. It plans to ship around 10,000 tons of copper from Port Arica in the north.
Mining magnate Nathan Tinkler has made a final offer to buy the Newcastle Knights rugby league franchise.
By Joel Scanlon
18 Jan 2011
In a tame ending to high drama in the mining world the two suitors for Baffinland Iron Mines joined forces and presented a joint takeover bid for the company.
Global Advanced Metals (ASX:GAM) has resumed operations at its Wodgina mine located in Western Australia.
By Dr. Cameron Chai
18 Jan 2011
An exploration bid by a mining company was shot down by a court in Adelaide as it ruled in favour of native title claimants.
By Dr. Cameron Chai
18 Jan 2011
Selwyn Resources Ltd. (TSX VENTURE:SWN) has updated investors with the release of assay results from the drilling of the 98/99-lenses of the XY Central deposit at Selwyn Project, Yukon Territory that is being done by Selwyn Chihong Mining Ltd., the joint venture company equally owned by Selwyn and Chihong Canada Ltd. These new results continue to confirm the continuity of high-grade zinc-lead mineralization and will provide the necessary data to upgrade Inferred resources within the XY Central deposit deposit.
GEO MINERALS LTD. (TSX VENTURE:GM) (FRANKFURT:8G3) has announced completion of its drilling program with Inmet Mining Corp. at the Middle Mountain porphyry copper property in south central Arizona.
IAMGOLD Corporation (TSX:IMG) (NYSE:IAG) (BOTSWANA:IAMGOLD) today announced the following:
A new record for quarterly gold production with over 310,000 attributable ounces of gold in the fourth quarter of 2010;
T...
Levon Resources Ltd. (TSX VENTURE:LVN) (BERLIN:LO9) (FRANKFURT:LO9) and Valley High Ventures Ltd. (TSX VENTURE:VHV) announced today they have entered into a definitive arrangement agreement under which Levon will acquire 100% of the outstanding common shares of Valley High by way of a plan of arrangement.
Rio Novo Gold Inc. (TSX:RN) (TSX:RN.WT) is pleased to announce the results from the first two holes on the Guarantã Ridge target at its 100%-owned Guarantã Gold Project, located near the city of Guarantã do Norte, Mato Grosso State, Brazil.
Stonegate Agricom Ltd. (TSX: ST) today announced that definition drilling continues to confirm the continuity and high-grade nature of the Upper and Lower Zones of its Paris Hills Phosphate Project in Idaho.
Torex Gold Resources Inc. (TSX:TXG) announced today that the ongoing drill program at the Company's Morelos Gold Project in Mexico continues to return positive results including the extension of the high grade gold mineralized area at the western end of the Guajes East deposit and the expansion of the Guajes East Deposit to the west.
Victory Nickel Inc. (TSX:NI) today announced that preparations are underway for drilling in the Nose Deposit and North Limb at its 100%-owned Minago sulphide nickel project in Manitoba. Drilling is expected to begin toward the end of January.