Mining News

RSS

Medusa Mining Receives Approval to Build New Co-O Treatment Plant

Medusa Mining Limited (TSX:MLL)(ASX:MML)(LSE:MML), through its Philippines operating company Philsaga Mining Corporation has announced that the Board has approved the construction of a new Co-O treatment plant and associated infrastructure.

From Medusa Mining Limited 17 Nov 2010

New Dimension Resources Announces Final Title Confirmation at Cenepa Gold Project, Peru

New Dimension Resources Ltd. (TSX VENTURE:NDR) has reported it has been notified by its Peruvian legal counsel that final title confirmation has been received by Minera NDR Peru S.A.C. for an 800 hectare concession within the Company's Cenepa gold project, located in northern Peru.

From New Dimension Resources Ltd. 17 Nov 2010

Panoro Minerals Starts Exploration at Cotabambas Copper-Gold Project

Panoro Minerals Ltd. (TSX VENTURE:PML)(BVLAC:PML)(FRANKFURT:PZM) has announced the commencement of its 2010 exploration program at its 100% owned Cotabambas Copper-Gold Project located in southern Peru.

From Panoro Minerals Ltd. 17 Nov 2010

Plato Gold Grants Threegold Resources Option to Earn 75% Interest on Vauquelin Properties

Plato Gold Corp. (TSX VENTURE:PGC), an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Quebec, and Santa Cruz, Argentina, announce that the Company has signed an agreement granting Threegold Resources Inc. (TSX: THG) the option to earn a 75% interest in Plato's Vauquelin Properties consisting of two properties, known as the Hop O'My Thumb Property with 36 claims and the Vauquelin Property with 17 claims, located in the Townships of Vauquelin in the Province of Quebec.

From Plato Gold Corp. 17 Nov 2010

PotashCorp Approves Share Repurchase Program up to US$2 Billion

Potash Corporation of Saskatchewan Inc. today announced that its Board of Directors has approved the commencement of a share repurchase program authorizing up to US$2 billion in repurchases of PotashCorp's outstanding common shares over a one-year period through a normal course issuer bid.

17 Nov 2010

Radius Gold Reports Exploration Results from Sixty Mile Project in Yukon

Radius Gold Inc. (TSX-V: RDU) has announced results for the exploration program conducted at the Sixty Mile project in west central Yukon, located some 75 km west of Dawson City at the Canada/US border.

From Radius Gold Inc. 17 Nov 2010

Infill Drilling Intercepts 448 G/T Gold Over 1.5 M at Rainy River Gold Project

Rainy River Resources Ltd. (TSX VENTURE:RR) has announced drill results from the Rainy River Gold Project in Northwestern Ontario.

17 Nov 2010

Rio Novo Gold Begins Drilling Program at Guarantã Gold Project

Rio Novo Gold Inc. (TSX:RN)(TSX:RN.WT) has reported additional drill results from its ongoing drilling program at its 100%-owned Almas Gold Project, located in the State of Tocantins, Brazil.

17 Nov 2010

Rockcliff Resources Stakes 23 Additional Mining Claims for Black Property in Ontario

Rockcliff Resources Inc. (RCR: TSXV) has announced that it has staked an additional 23 mining claims adjacent to its Black Gold Property located 30 km NW of Kirkland Lake, Ontario.

17 Nov 2010

San Gold Intersects 66.1 G/T Gold Over 12 M in Hole CD-10-178 at 007 Zone

Dale Ginn, CEO of San Gold Corporation (SGR:TSX || SGRCF:OTCQX) has reported that surface exploration step-out drilling has discovered a significant eastern extension to the 007 zone at a depth below surface of 260 meters (850 feet).

17 Nov 2010

Sterling Group Inks Letter of Intent with Shimen Merchants for Phosphate Production

Sterling Group Ventures, Inc. (OTCBB:SGGV)(FRANKFURT:GD7) has reported that it has signed a letter of intent dated November 10, 2010 with Shimen Merchants Bureau to put into production the Shujiatai phosphate property located in Shimen County, Hunan Province, China.

17 Nov 2010

Tanzania Minerals Buys Two Additional Gold Properties Near Mrangi Gold Project

Tanzania Minerals Corp. (TZM: TSX-V) (FRANKFURT: CA87600X1087) has announced the acquisition of two additional properties close to its Mrangi property, located in Northern Tanzania in the Lake Victoria Goldfield.

17 Nov 2010

Timmins Gold Encounters Increased Gold Reserves at San Francisco Mine in Mexico

Timmins Gold (TSX VENTURE:TMM) has announced an increase in the Mineral Reserve and Mineral Resource estimate for its wholly owned San Francisco open pit gold mine located in northern Sonora, Mexico.

From Timmins Gold Corp 17 Nov 2010

Trelawney Mining Reports Additional Results from Chester Project in Ontario

Trelawney Mining and Exploration Inc. (TSX VENTURE:TRR)(FRANKFURT:RTW) announces additional drill results from the Cote Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in northern Ontario.

From Trelawney Mining and Exploration Inc. 17 Nov 2010

South African Miners Sue Relative of President Jacob Zuma Over Pay Issues

In what will be a historical case South African union mining workers have decided to sue the mine owning relative of President Jacob Zuma. A nephew of the South African president owns that Aurora Empowerment Systems firm. The firm is a black affirmative action investment company which has limited mining exposure.

By Dr. Cameron Chai 16 Nov 2010