Adani Enterprises Ltd., controlled by billionaire Gautam Adani, is currently in talks with the state run Coal India Limited for a long term supply agreement of foreign coal.
By Dr. Cameron Chai
19 Oct 2010
It is good news all the way for Oz Minerals (ASX:OZL) as the companies actual annual gold production has surpassed previous forecasts by 10%. The Australian copper and gold mining company saw its third quarter output more than double the forecast.
The proposed joint venture between Rio Tinto and BHP Billiton in the Pilbara region of Western Australia has died, and now there is pressure on BHP Billiton's CEO Marius Kloppers to complete the acquisition of Canada's Potash Corp.
West Kirkland Mining Inc. (TSX VENTURE:WKM) has commenced drilling on the Goldstorm Property in Elko County, Nevada. The 23 square kilometer Goldstorm Property is located approximately 18 kilometers north east from the multi-million ounce Twin Creeks/Turquoise Ridge mine, along the Getchell Trend.
Uranium North Resources Corp. (TSX VENTURE:UNR) announces results from its first phase 2010 exploration program on the Mallery Stockwork.
SEMAFO (TSX:SMF) today announced results of the 2010 exploration program at its Samira Hill Mine located in Niger, Africa. Phase II of the program, which commenced on July 9, 2010 is designed to test and define new proximal gold zones that can quickly become part of the near-term mine plan and has returned results including 27.77 g/t Au over four meters.
Rio Alto Mining Limited (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DB Frankfurt:MS2) has announced that it has completed definitive documentation and drawn down an initial tranche of US$5 million under the previously announced US$25 million gold prepayment agreement with Red Kite Explorer Trust.
Osisko Mining Corporation (TSX:OSK)(FRANKFURT:EWX) has announced results from the 2010 definition drill program on the Barnat Extension, located on Osisko's 100%-owned Canadian Malartic property, contiguous to the east end of the current in-pit reserves of the Canadian Malartic and Barnat deposits.
Mountain Boy Minerals Ltd. (TSX VENTURE:MTB) has been notified by its joint venture partner, Jayden Resources Inc.,that assays from drill hole SC10-311 returned 55 metres averaging 8.42 grams per tonne (0.246 oz/ton) gold and 12.53 grams per tonne (0.366 oz/ton) silver, including 7.0 metres of 32.89 grams per tonne (0.960 oz/ton) gold.
NV Gold Corporation (TSX VENTURE:NVX) has announced that a 2,500 metre 20-25 hole RC drill program has commenced on its 100% owned Afgan-Kobeh gold project located in Eureka county, Nevada.
Indigo Exploration Inc. (TSX VENTURE:IXI) reports that it has started a comprehensive fall 2010 sampling exploration program on its Moule Gold Permit in Burkina Faso, West Africa, in preparation for drilling expected to follow next month.
Huldra Silver Inc. (TSX VENTURE:HDA) has announced assay results from a new mineralized zone and completion of a 17 hole drill program. The samples were taken on September 12, 2010 by independent QP Erik Ostensoe, P.Geo and were highlighted by a 2920g/t chip sample over a width of 30.5cm.
Lynda Bloom, President and CEO of Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) has announced that a drill program has commenced at the West Red Lake Property, on claims held in joint venture with both Red Lake Gold Mines Partnership, a partnership between Goldcorp Canada Ltd. and Goldcorp Inc. (TSX:G; NYSE: GG).
Greystar Resources Ltd. (TSX:GSL) (AIM:GSL) announces that the Ministry of Environment, Housing and Territorial Development has officially confirmed the date for the Public Hearing to consider the Company's Angostura Project Environmental Impact Study.
Goldeye Explorations Limited (TSX VENURE:GGY) has announced that the diamond drilling contract for the 10,000 metre program has been signed for the Company's Tyrrell properties in the Shining Tree area of Ontario.