Gold Bullion International (GBI), a leading provider of precious metals, today announced that it has established vaulting capacity near Melbourne, Australia, the company's first vault in the Asia-Pacific region. The company currently has existing vaults in New York, Salt Lake City, Zurich and London.
Focus Ventures Ltd. is pleased to announce encouraging results from surface sampling at the Don Blas target located on its Santa Cruz property, Durango, Mexico. The results of Focus's initial sampling were announced on March 19, 2012 and included a 22m section that averaged 377.8 g/t Ag.
Brazilian Gold Corporation is pleased to report results for initial testwork on the acid generation potential of mine waste rock and old mine tailings from the São Jorge project. The study was conducted by Global Resource Engineering Ltd. of Centennial, Colorado and all samples were analyzed by SGS Lakefield Geosol Laboratórios Ltda., Vaspasiano, Minas Gerais, Brazil. This study is part of an overall Environmental Impact Assessment (EIA) program at São Jorge in preparation of a pre-feasibility study and potential near term mining activity.
Synergy Resources Corporation, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin (the "D-J Basin"), today provided an update on the Company's twenty-four most recently drilled wells. As of June 20, 2012, Synergy Resources drilled and completed six Klein wells and two Hilfer wells. In addition, the Company has drilled nine wells on the Aims Community College/Greeley Country Club prospect which are currently in the completion stage. The Company also reported that Ensign Rig #233 is currently drilling seven wells on the Margil southeast prospect.
Rio Tinto is taking the next steps in its phased investment programme by committing US$4.2 billion (100 per cent basis US$6.2 billion) to develop its tier one iron ore business. The investment covers US$3.7 billion (100 per cent basis US$5.2 billion) for expansion of the industry-leading Pilbara iron ore operations in Western Australia and US$501 million (100 per cent basis US$1.0 billion) for further infrastructure development at the Simandou iron ore project in Guinea.
Demand for fossil fuels continues to increase at a steady pace, forcing market participants in the oilfield and gas exploration industries to look beyond readily-available and easily-accessible sources in order to remain competitive. This activity fuels a multiple billions of dollars of growth in related industries, as businesses spring up to supply and support oil and gas exploration. With premium market research from the world's leading publishers, Global Information Inc. helps businesses stay ahead of the curve with the best forecasts, research, and analyses.
Production of metals has been at the core of all industry nearly since the dawn of civilization, and has only become more important with time. As the global economy emerges from recession into a new period of growth, having accurate market data and analysis on the production of metals will be essential to nearly any company that produces a physical good.
Panoro Minerals Ltd is pleased to announce that the Environmental Impact Assessment (EIAsd) for an expanded exploration program at the 100% owned Cotabambas Copper/Gold Project has been given final approval by the Peruvian Ministry of Energy and Mines.
Golden Reign Resources has announced that it has encountered a multi-ounce intercept of gold and silver from Arras zone mineralization located in hole AR 12-36 drilled at the San Albino Mine.
By G.P. Thomas
20 Jun 2012
Riverstone Resources has announced the results from 19 diamond core holes drilled on its 90%-owned GGI Deposit. This deposit belongs to the part of Riverstone’s flagship Karma gold project located in Burkina Faso, West Africa.
By G.P. Thomas
20 Jun 2012
Fortunate Sun Mining has declared that a diamond drill campaign has been completed at the company’s Golconda gold project, which is situated in Mexico.
By G.P. Thomas
20 Jun 2012
Klondex Mines Ltd., a Nevada gold exploration and development company, today announced the first batch of assay results from its 2012 underground in-fill drilling program at its Fire Creek project in North Central Nevada.
Rio Tinto is to invest US$660 million over the next seven years to extend the life of its Kennecott Utah Copper Bingham Canyon mine in Salt Lake City from 2018 to 2029.
Powder metal technology has garnered considerable interest in the global titanium industry. Several companies are exploring how leading edge, powdered metal techniques might be used as a lower-cost alternative to produce titanium. If such pilot programs are demonstrated to be commercially viable, they have the potential to open up a wider spectrum of commercial and industrial applications for titanium.
Pacific North West Capital Corp.is pleased to announce assay results for exploration drill holes in the River Valley 2012 phase I exploration program on its 100% owned River Valley PGM Property, located within 100 km northeast of Sudbury, Ontario. This phase of exploration focused on drill testing three targets internally within the River Valley Intrusion Complex (RVIC) for reef style platinum group metal (PGM) mineralization (Figure 1). Significant intercepts are listed in Table 1 and discussed below. Details of the drill hole locations and orientations are provided in Table 2.