Anvil Mining is ready to accept the Minmetals Resources bid. The copper mining company has managed to reach an agreement with the two key stakeholders in the Democratic Republic of Congo (DRC) for the Canadian $8 per share offer that Minmetals Resources made.
By Joel Scanlon
13 Feb 2012
Abzu Gold has reported additional results from extra ten holes drilled at the Nangodi gold property located in Ghana. The drilling results show the existence of large mineralized gold along the tested Nangodi system for 1,200 m.
By Joel Scanlon
13 Feb 2012
San Gold has reported drilling from the 84 Vein located at the Rice Lake mining complex in Canada.
By Joel Scanlon
13 Feb 2012
Benton Resources, a Canada-based junior company, has provided an update on its Sewell-West Timmins property, which is situated 40 km west of Timmins Mine owned by Lakeshore Gold and 60 km west of Timmins in northwestern Ontario.
Fjordland Exploration, a mineral exploration company, announced that Capstone Mining has sanctioned a budget for the Phase 4, 2012 exploration program for the Tak Copper-Gold-Molybdenum project, which is situated roughly 50 km east of Williams Lake.
Metals Creek Resources has declared the assay results of surface grab samples collected from its trenching program on the Stocker and Boot n Hammer zones on its Jackson's Arm property located in Newfoundland.
By Joel Scanlon
13 Feb 2012
Mazorro Resources and Adventure Gold have reported the next set of drill results from the Phase 2 surface diamond drilling program conducted on the Lapaska Gold Property in the Abitibi Greenstone Belt, which is located 20 km towards the east of Val-d'Or, Quebec. Adventure Gold owns the Lapaska Gold Property, which is under option to Mazorro Resources.
By Joel Scanlon
10 Feb 2012
Metals Creek Resources has reported further assays from the 3593 m of diamond drilling conducted at the Ogden gold project in Ontario.
By Joel Scanlon
10 Feb 2012
Netco Silver has provided update on the initial sampling and prospecting program conducted at the Toruel property in Argentina.
By Joel Scanlon
10 Feb 2012
IBC Advanced Alloys (IBC) has announced the receipt of the progress report from the 2011 exploration conducted at its properties in Utah.
Northern Gold Mining has reported the additional assay results of 2,800 m of drilling program, totaling eight diamond drill holes, conducted at Garrcon deposit.
Cap-Ex Ventures has declared the assay results for three holes from the Northwest Zone on the Block 103 iron property situated roughly 30 km northwest of Schefferville’s mining town in Quebec.
By Joel Scanlon
9 Feb 2012
Corvus Gold, a resource exploration company, has released the new drill results from the LMS property located in Alaska. Drilling was performed by First Star Resources in 2011 before returning the LMS property to Corvus.
By Joel Scanlon
9 Feb 2012
The job situation in South Australia has improved in the mining sector with mining contractor Thiess being hired to work on OZ Minerals’ Prominent Hill mine.
Rio Tinto is expanding its iron ore operation in Pilbara and is going to spend $3.4 billion to do so. The Western Australia mining operations are to be boosted to help the company meet the target of a 50% increase in iron ore production.