The world’s largest mining company BHP Billiton is in trouble in Queensland, Australia. Mine workers are asking for changes in the work conditions as they begin a seven day strike. However both BHP Billiton and the Construction, Forestry, Mining and Energy Union – CFMEU are willing to resume negotiations.
Montero Mining and Exploration announced that it had found a sizable strontium deposit in bastnaesite-bearing carbonatite dikes in the Twiga Zone at its flagship project at Wigu Hill in Tanzania. The company is currently focused on developing its Wigu Hill rare earths project.
By Joel Scanlon
16 Feb 2012
The Kimberly Process’s decision to allow the Marange diamonds to be sold on the global market may be financing more violence. The controversial diamonds have been mined by companies managed by the dreaded police that President Robert Mugabe controls.
By Joel Scanlon
16 Feb 2012
The Australian state of New South Wales has decided to lift a quarter of a century long ban on uranium exploration.
By Joel Scanlon
16 Feb 2012
Metallum Resources declared that it has concluded its four-month bedrock channel sampling and trenching program over its high grade epithermal gold mineralization zone on its M-18 property located in Argentina.
ICN Resources has declared the assay results from the 11 core holes drilled late in 2011 at the Goldfield Bonanza Project, as part of its Phase II drilling program. The project, which has been optioned from Lode Star Gold, is situated in the Goldfield mining locality of Nevada.
By Joel Scanlon
16 Feb 2012
Choice Gold has begun the Phase 1B of drilling program on its Sugarloaf Peak Gold Project located in western Arizona. This project, situated within 100 km of the American Girl, Mesquite, and Copperstone gold deposits, showed its gold potential via the company’s mapping and drilling program conducted in 2011.
By Joel Scanlon
16 Feb 2012
Huldra Silver has announced the additional exploration results from the 2011 program conducted at Treasure Mountain. The company obtained further assay results from the final 24 holes and encountered 4.76% molybdenum, 13.47% lead, 9.92% zinc and 1,565 g/t silver over 1.2 m in hole TM11-36, which cut the vein structure around 15 m beneath the Level 2 Drift.
Nuinsco Resources has planned to drill the Diabase Peninsula uranium project during early March, 2012. The previous exploration program will be followed up by the new drilling and encountered all the elements showing a uranium mineralizing event, returning up to 707 ppm of uranium.
Oceanic Iron Ore has released an additional set of assay results from 32 drill holes across the Zone 4, Castle Mountain, McDonald Zone, Iron Valley and Bay Zones B, C, E and F in the Hopes Advance project region.
By Joel Scanlon
15 Feb 2012
Corvus Gold has declared the initial drill results from the 2012 exploration program conducted on the North Bullfrog Project close to Beatty in Nevada. The NB-12-117 hole intercepted 52 m of 0.8 g/t gold that included a higher grade intercept of 15.3 m of 2.36 g/t gold beginning at 11 m beneath the surface.
By Joel Scanlon
15 Feb 2012
Comstock Metals declared that it has started the first phase of a drill program on its Corona Gold-Silver Project located in the Uruachic District of Chihuahua, Mexico.
By Joel Scanlon
15 Feb 2012
Lions Gate Metals has confirmed the continuous availability of copper and silver mineralization in the depth and length of the Main and East zones of the Poplar Copper-Gold-Silver Porphyry Property.
By Joel Scanlon
15 Feb 2012
Entourage Metals has announced that the BR11-05 and BR11-06 drill holes cut the Super G vein discovery, which enables expansion of the strike length to 400 m with visible gold mineralization. Mineralization stays broadly exposed for extension in every direction. Currently, the company is conducting phase II delineation or exploration drilling program for more than 3000 m at the Black Raven property.
By Joel Scanlon
15 Feb 2012
Himalayan Capital, a mineral exploration company, has begun the phase I drill program at its La Higuera copper-gold project, Chile. The drilling program has been accelerated, as it was suggested in the Himalayan’s NI 43-101 technical report regarding the property.
By Joel Scanlon
15 Feb 2012