Centamin Egypt Limited (TSX:CEE)(LSE:CEY), the gold mining group with operations in Egypt, has announced its underground decline development has intersected the high grade Hapi zone mineralisation as expected at the 920 level of the mine, approximately 1190 m from the portal entrance and at a vertical depth below surface of 180m.
Cortez Gold Corp. (TSX VENTURE:CUT) has provided an update on its Petlacala Gold-Silver Project, Mexico.
Benton Resources Corp. (TSX VENTURE:BTC) has announced the Company has received assay results from the recently completed drill program on the Kingurutik Lake Nickel project located approximately 60 kilometers north of the world class Voisey's Bay nickel-copper-cobalt deposit.
Castle Resources Inc. (TSX VENTURE:CRI) has announced that further to its press dated August 30, 2010, it has today acquired a 100% interest in the past producing Granduc Copper Mine located near Stewart, B.C. from Bell Copper Corporation.
Lihua International, Inc. (Nasdaq: LIWA), a leading Chinese developer, designer, and manufacturer of low cost, high quality alternatives to pure copper products, including refined copper products and superfine and magnet wire, as well as copper clad aluminum wire, today announced that it has signed a 2011 copper anode volume supply contract for 30,000 tons with its recently announced domestic customer, one of the world's leading copper and metal conglomerates.
Newcastle Minerals Ltd. (TSX VENTURE:NCM) has announced that it has initiated its exploration program on its Pickle Lake property in northwestern Ontario.
AQM Copper Inc. (TSX VENTURE:AQM)(BVLAC:AQM) has announced more significant drill results from the Zafranal project located in the northwestern extension of the Southern Peru Copper Porphyry Belt near the city of Arequipa. Today, the company reports drill results from 16 diamond drill holes.
Challenger Deep Resources Corp. (TSX VENTURE:CDE) announces that, through its wholly owned subsidiary, P.T. Bestindo Energy, it has entered into a conditional sales and purchase agreement with PT Alam Tabang Raya Pratama and its shareholders for the purchase of 100% of the issued and outstanding securities of ATRP for an aggregate purchase price of approximately CAD $1,851,335, which will be funded by cash payments staged over approximately 18 months.
Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) reports today that it continues to intersect high grade gold mineralization on its Akasaba project in Val d'Or, Quebec, by drilling 19.33 g/t Au over 6.5 m (core length), which includes an interval containing 121.00 g/t Au over 1.0 m.
The U.S. Environmental Protection Agency (EPA) has a new lawsuit to worry about over its coal mining permits.
By Dr. Cameron Chai
20 Oct 2010
Two Chinese mining officials have been charged with attempted murder in Zambia. The Chinese mining bosses allegedly shot a dozen miners in what is being called a pay dispute. Workers were protesting against poor working conditions at the Collum coal mine in southern Sinazongwe province in Zambia.
By Dr. Cameron Chai
20 Oct 2010
Macmahon Holdings said that the fewer contracts for its construction arm along with problems related to a West Australian rail project have plunged the profit forecast by half. A spokesperson said that the company would post profits just above $40 million.
By Dr. Cameron Chai
20 Oct 2010
In routine testing done by Australia Pacific LNG (APLNG) traces of four toxic chemicals benzene, xylene, ethylbenzene and toluene were found in their wells.
By Joel Scanlon
20 Oct 2010
Rio Tinto is pushing ahead with expansions in the Pilbara region despite its deal with BHP Billiton not taking off. Iron ore production in Australia is likely to get a 28% boost starting 2013 thanks to these expansions.
Intrepid Mines Limited (TSX:IAU)(ASX:IAU) has reported that the recently completed diamond drill hole GTD-10-162, located on the northern margin of drilling to date on the main Tumpangpitu Prospect at the Tujuh Bukit Project on East Java in Indonesia, has intersected additional significant copper, gold and molybdenum in a zone of high sulphidation overprinting porphyry mineralisation.