The African National Congress (ANC) may have decided that nationalization of all the mines in the country is not financially possible but that has not deterred it from planning a ‘super tax’ on mining.
By Joel Scanlon
6 Feb 2012
Engineering company Downer EDI has been awarded a $570 million contract for providing its services at the Karara iron ore project.
By Joel Scanlon
6 Feb 2012
The government of Zimbabwe has raised the mining and license fees from between 500 to 5000% as per the state controlled local media.
By Joel Scanlon
6 Feb 2012
Technology is catching up with the mining industry. Soon many mining operations in lonely and desolate areas could be carried out by automation with control centers a few hundred kms away in the cities.
By Joel Scanlon
6 Feb 2012
IronClad Mining has hired the former Brockman Resources Managing Director, Wayne Richards. Mr Richards is to join IronClad mining six months after an international search was initiated by the company for a new executive.
By Joel Scanlon
6 Feb 2012
Tanzanian Royalty Exploration has signed a contractual agreement with South Africa-based Consulmet Metals in order to complete a preliminary economic assessment (PEA) of the Kigosi gold project’s gravity recovery unit, located in Tanzania’s Lake Victoria Goldfields.
Grande Portage Resources (GPG) has started the field work at the Merry Widow group of properties in North Vancouver Island.
TomaGold has commenced the drilling of 3,000 m, totaling 21 holes, at the 100% owned Monster Lake property. This property is situated towards the southwestern part of the Chibougamau-Chapais mining districts.
By Joel Scanlon
6 Feb 2012
Lynas Corp. has been received approval from the Malaysian government for its rare earths processing facility.
By Joel Scanlon
5 Feb 2012
The World Trade Organization (WTO) ruled against export restrictions on raw materials that China’s Commerce Ministry has put up. The WTO panel said on Monday that China had violated global trading rules by stopping the export of bauxite, coke, magnesium, manganese and zinc.
By Joel Scanlon
5 Feb 2012
Xanadu Mines, a junior exploration company is looking for buyers for its Mongolian thermal coal projects. The vast mineral wealth and the proximity to China make Mongolia the next boom country for the global mining community.
By Joel Scanlon
5 Feb 2012
Adroit Resources has announced the arrival of a drill rig at the Little Pigeon Lake and drilling will begin at the west end of high-grade vein, containing gold and copper, to examine the affinities with the Coniarum-Hollinger-McIntyre complex.
By Joel Scanlon
4 Feb 2012
Globex Mining Enterprises has completed the diamond drilling program of 811 m, totaling three holes, at the 100% owned North Star gold property. This property is located at Isaac’s Harbour in Nova Scotia.
Antioquia Gold is continuing to extend the Guaico deposit’s size by expanding the mineralization of the core Guaico vein to depth. The company is defining and discovering new gold-bearing veins in the hanging wall and footwall of the core Guaico vein.
Midlands Minerals has declared the latest drill results from the Mmooho target located on the Kaniago gold project in Ghana. In late 2011, the company had completed 29 reverse circulation drill holes amounting to 4,320 m in the Mmooho target.