Terramin Australia Limited (ASX: TZN) today released its 2nd Quarter Report 2010. The summary from Kevin Moriarty Executive Chairman shows Angas production down due to short term issues including lower grades, however drilling is underway to extend mine life.
Newmont Mining Corporation (NYSE: NEM), one of the world’s largest gold producers, has announced second quarter adjusted net incomeof $377 million ($0.77 per share) compared to $211 million ($0.43 per share) in the prior year quarter.
Compañía Minera Doña Inés de Collahuasi SCM has announced a revised Mineral Resource estimate with an increase to total Mineral Resources and Ore Reserves.
Medoro Resources Ltd. (TSX-V: MRS), a gold exploration, development and mining company with a primary emphasis on Colombia, has announced results from 30 additional drill holes at its exploration program at the Marmato Project in Colombia.
By Joel Scanlon
27 Jul 2010
Lincoln Mining Corporation, (TSX-V: LMG) a Canadian company exploring and developing prime gold and silver projects, has reported on progress at its La Bufa property in southwestern Chihuahua, Mexico.
African Aura Mining Inc. (TSX-V:AUR) (AIM:AAAM) a gold and iron ore development company, has announced the start of an initial 10 hole 4,200m resource drill programme at the company's 100% owned Nkout iron ore project in southern Cameroon.
By Joel Scanlon
27 Jul 2010
Tony Hayward the Chief Executive of BP is set to be replaced by Robert Dudley. The disaster of the oil spill in the Gulf of Mexico seems to be claiming more than just sea and plant life.
By Joel Scanlon
26 Jul 2010
Leighton Holdings Ltd (ASX:LEI) recently announced that its Asia unit had won a five year mining contract worth AUD$172 million in Indonesia.
By Joel Scanlon
26 Jul 2010
Stradbroke Island champions, the Australian Greens are pushing the federal government to ban sand mining at the location.
By Dr. Cameron Chai
26 Jul 2010
Bore water tested at the site of the Cougar Energy plant near Kingaroy, Queensland has been found to be under permissible limits for levels of benzene and toluene.
By Joel Scanlon
26 Jul 2010
The short respite won by Prime Minister Julia Gillard's intervention and negotiations with heads of the mining majors seems to be over with a new anti-tax campaign about to commence.
In a temporary truce between Kumba Iron Ore and ArcelorMittal, the world's largest steelmaker has agreed to buy ore from Kumba in the next year at about half of recent market prices. Kumba is a unit of Anglo American Plc.
If Fortescue Metals Group Ltd CEO Andrew Forrest has his way Prime Minister Julia Gillard can forget about having the new mining law passed in its current form after the elections.
Bendigo Mining (ASX: BDG) and BCD Resources (ASX: BCD) are joining forces to create a mid-tier gold company which can work on the Beaconsfield Gold Mine in northern Tasmania. BCD Resources was formerly known as Beaconsfield Gold.
Woodside Petroleum's production is being affected by the cost of maintenance related closures and asset sales. The oil and gas company has recorded a drop in its second quarter production levels by 10% compared to the previous year.