FerrAus is hoping to still manage to negotiate a haulage deal with BHP Billiton. The junior iron ore mining company said that its talks with the mining giant have not broken down. The company said that reports that claimed this were incorrect in a number of respects.
Resources Minister Martin Ferguson said that the Australian federal government was not responsible for the latest mining tax row.
The African National Congress (ANC) demanded a state owned mining company way back in 2007 at its Polokwane conference. Now President Jacob Zuma has announced that the African Exploration Mining and Financing Corporation will become a full fledged state owned mining company.
By Dr. Cameron Chai
12 Dec 2010
Mining operations are being curtailed by Lundin Mining Corp at its Aguablanca Mine in Spain due to very heavy rains.
A lawsuit has been filed in the Utah Supreme Court by environmentalists to stop the development of a coal mine near the Bryce Canyon National Park.
By Joel Scanlon
12 Dec 2010
Lithium One Inc. (TSX VENTURE:LI), has reported that it has signed a Memorandum of Understanding ("MOU") with Galaxy Resources Limited (ASX:GXY) of Australia, under which Galaxy can acquire up to 70% of the James Bay lithium pegmatite project in Quebec through an earn-in and joint venture agreement. Subject to the necessary approvals, the Company expects to close this transaction with a Definitive Agreement before Dec 24, 2010.
ION Geophysical Corporation (NYSE: IO) today announced the commencement of a new 3D multi-client seismic survey in the Marcellus shale play in central Pennsylvania. ION will manage and execute the entire program, p...
Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) has announced that hole SP10-029 has intersected 132 meters at 2.30 grams per tonne gold including 42 meters at 5.28 grams per tonne gold. Another hole, SP10-028, intersected 108 meters at 1.75 grams per tonne gold including 12 meters at 6.11 grams per tonne gold.
Canaco Resources Inc. (TSX VENTURE:CAN) has announced additional new drill results from the Company's Magambazi gold discovery located in the Handeni region of the United Republic of Tanzania.
Big Red Diamond Corp (TSX VENTURE:DIA) would like to notify its shareholders that it has been advised by its joint venture partner on the J6L1 Rare Earth Metals project, Arctic Star Diamond Corp. (TSXV: ADD), that the sampling and prospecting program commenced in early November has been completed. We are currently awaiting assay results.
Astral Mining Corporation has announced the signing of a Letter of Intent whereby Astral can acquire an undivided 100% interest in three (3) mineral exploitation claims covering approximately 4,196 hectares, collectively known as the Los Crestones Property, located within the prolific Sierra Madre gold-silver belt, 100km north of the Sinaloa state capital, Culiacan.
Prospector Shawn Ryan will receive the Bill Dennis Award for prospecting success, the Prospectors and Developers Association of Canada (PDAC) announced today. Ryan is one of six awards winners to be honoured at an awards evening on Monday, March 7, 2011, in Toronto during the association's annual international convention (March 6-9).
Victoria Gold Corp. (TSX VENTURE:VIT) today announced an update pertaining to the analysis of the apparent error in the Cove Upper Zone resource estimate which was the subject of the Company's press release dated November 23, 2010.
Tarsis Resources Ltd. (TSX VENTURE:TCC) has announced that it has acquired by staking, a 100% interest in 186 claims (approximately 3,900 hectares), named the Rosie property. The property is located at the eastern end of the Nisling Range, approximately 100 kilometers northwest of Haines Junction, Yukon.
SearchGold Resources Inc. (TSX VENTURE:RSG)(FRANKFURT:S1O) has provided a progress on Stellar Diamonds plc and its African diamond operations.