Lundin Mining Corporation declared that its fourth quarter copper output was up by 10%. The company produced 27,488 tonnes of copper in the final quarter of 2011.
New Dawn Mining said that it had resumed mining operations at its Turk and Angelus mine in Zimbabwe. Mining had been stopped by underground mine workers at the mine last week, but now full mining operations are on track.
By Joel Scanlon
17 Jan 2012
Australian mining companies are being asked to buy Chinese equipment as a pre-condition to exporting minerals. Contracts are said to specify that the companies buy specific, non-Australian manufactured equipment. This is being seen as an outrage by Australian manufacturers.
By Joel Scanlon
17 Jan 2012
Iamgold Corp’s fourth quarter production for 2011 of gold is down by 20%. The Toronto based company produced 253,000 attributable ounces of gold in the final quarter of last year compared to 315,000 attributable ounces of gold in the last quarter of 2010.
Argonaut Resources, a junior Australian mining firm, has criticized the South Australian government for wasting its time and money over mining and native title regulation. The criticism came after the exploration license it was given for its Torrens Joint Venture was overturned.
By Joel Scanlon
17 Jan 2012
Tres-Or Resources has intersected significant mineralization from the primary two hole program conducted at the Fabre silver property, Northwest Quebec. The property is located at the Cobalt Silver Mining Camp’s southeast limits.
Puma Exploration has reported the channel sampling results from the Dante Lens at Nicholas-Denys, situated in New Brunswick. The company has returned 239 g/t silver and 544 ppm bismuth over 6.3 m, 96 g/t silver over 17.5 m from the channel LBW, which is situated in the stripping region’s central portion.
Paget Minerals has reported the drilling results from the Ball Creek project. The drilling program was conducted on the Rainbow gold porphyry target, which is situated in the Golden Triangle - Iskut Mineral District in Northwest BC.
By Joel Scanlon
17 Jan 2012
Uranium North Resource has declared that the 2011 exploration program on the Nunavut-based Nowyak property has enabled the company to discover high grade silver and gold mineralization with grab samples of assays up to 1040 g/t Ag, 72.1 g/t Au, and 5.8% copper.
By Joel Scanlon
17 Jan 2012
Granite Creek Gold declared that it had drilled 1,280 m in six holes in the fall of 2011 from three regions in the Buzzer West and Buzzer zones. The hole GC 11-74 returned excellent results with 0.008% Mo, 57.6 m of 0.237% Cu, 0.174 g/t Au and 1.5 g/t Ag.
By Joel Scanlon
17 Jan 2012
International Montoro Resources (IMT) has finished an AeroMAG radiometric and magnetic aerial geophysical survey on the Tacheeda Lake rare earth elements prospect.
Blue River Resources has obtained the mineral assay results from the Castle Copper project. The location of this project is 25 km towards the northern part of the Copper Mountain mine and 12 km towards the northern part of Princeton BC.
By Joel Scanlon
17 Jan 2012
The Fortescue Metals Group (FMG) announced that they had resumed mining operations at two of its mines in the Pilbara region after flooding due to Tropical Cyclone Heidi had forced operations to be suspended. The company is the third largest producer of iron ore in Australia.
Dart Mining is hoping to carry out a drilling program to upgrade its resources at the Unicorn Deposit located in north east Victoria. The Australian Securities Exchange listed company has hired drilling contractor Techdrill Services to help with the drilling program.
Australian mining company Blackham Resources announced that its recently acquired Matilda Gold Project has an existing Inferred Resource of 10.2 million tonnes at 1.8 grams per tonne for 601,000 ounces of gold.