Mining News

RSS

Golden Reign Resources Intersects 22.40 G/T Gold Over 3.1 M at San Albino-Murra Gold Property

Golden Reign Resources Ltd. (TSX VENTURE:GRR) has reported the latest assay results from its San Albino-Murra Gold Property, Nicaragua.

2 Nov 2010

Candente Copper Updates on Cañariaco Norte Project in Peru

Candente Copper Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) is extremely pleased to report that an updated Mineral Resource Estimate recently completed for the Cañariaco Norte copper deposit in Peru has confirmed a substantial increase in the mineral resources.

2 Nov 2010

Calypso Uranium Updates on Energia Mineral Properties Exploration in Argentina

CALYPSO URANIUM CORP. (TSX VENTURE:CLP) has provided an update on the on-going exploration and follow-up program on the Argentine properties controlled by its wholly-owned subsidiary Energia Mineral Inc.

2 Nov 2010

Cortez Gold to Acquire Real De Guadalupe Gold-Silver Project in Mexico

Cortez Gold Corp. (TSX VENTURE:CUT) has announced that it has signed a letter agreement with Minera Ligia, S.A. de C.V., a private Mexican company at arm's length to the Company, dated November 1, 2010.

2 Nov 2010

Alamos Gold Reports Exploration Results from Agi Dagi Project in Turkey

Alamos Gold Inc. (TSX:AGI) announces results from its ongoing exploration program at its Agi Dagi project in northwestern Turkey.

From Alamos Gold Inc. 2 Nov 2010

BonTerra Resources Completes Two Drill Holes at Eastern Extension Property in Quebec

BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) announces the completion of the first two drill holes on the Eastern Extension property.

From BonTerra Resources Inc. 2 Nov 2010

Marenica Energy to Proceed With Nambian Uranium Project

Marenica Energy Ltd is set to develop its uranium project in Nambia after signing a debt and equity funding deal with a Chinese company. The Sichuan Hanlong Group will fund $3 million immediately of which $2 million will be a convertible note and $1 million will come from share placements as 7 cents a share.

From Elevate Uranium Ltd 2 Nov 2010

Trade Wars Predicted Over New Energy Materials

Declining reserves of energy minerals are pushing up prices for materials used in alternative energy sources. James Burnell of the Colorado Geological Survey is warning the Geological Society of America that the rare metals needed to build alternative energy generators will trigger a trade war.

By Dr. Cameron Chai 2 Nov 2010

Weir Group Re-Enters FTSE 100

British engineering company Weir Group has done so well this year that it has re-entered the FTSE 100 Index. Based on a strong financial performance it has also upgraded its profits forecast for the current financial year. According to estimates by analysts the company is expected to report a pre tax profit of about £278 million for the fiscal year 2010.

By Dr. Cameron Chai 2 Nov 2010

Mine Rescue Robots

Coal miners may soon have new guardian angels in China in robotic form. Given the rather dismal safety record of Chinese mines this is seen as a positive move. A factory in north China is going to begin producing coal mine rescue robots that will enter the hazardous areas of mining accidents to collect data.

By Andy Choi 2 Nov 2010

Rio Tinto to Invest US$3.1 Billion for Pilbara Iron Ore Capacity Expansion

Rio Tinto approves further US$3.1 billion for expansion of Pilbara iron ore capacity to 283 million tonnes per annum

From Rio Tinto plc 2 Nov 2010

AXMIN Regains Control Over Mavita Copper-Nickel-Cobalt Project Licenses

AXMIN Inc. (TSX VENTURE:AXM) announces that it has regained control of its Mavita Copper-Nickel-Cobalt Project in Mozambique following the withdrawal of Rio Tinto Minerals Development Limited, a wholly owned subsidiary of Rio Tinto Plc (LSE:RIO) from a joint venture over these permits.

From AXMIN Inc. 1 Nov 2010