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.
Canadian-based energy company, Forum Uranium has declared the results from its 2011 prospecting and sampling program on its Kipawa West project optioned from Aurizon Mines.
Golden Touch Resources has declared that a number of induced polarisation geophysical surveys conducted at the Rubik Gold Project have discovered high priority drill targets.
By Joel Scanlon
3 Feb 2012
Cancana Resources declared that it will begin a geotechnical review, pitting and exploration program on its Valdirao Claim 6. This work will be utilized to complete a NI 43-101 Compliant Report.
By Joel Scanlon
3 Feb 2012
Castle Peak Mining has announced additional assays that have shown a wide anomalous gold halo with high-grade structures of gold. The company completed 36 m of sampling additionally on the hole NKDDH016 situated on the Apankrah target.
By Joel Scanlon
3 Feb 2012
Teras Resources has received additional assays from the reverse circulation (RC) drilling program performed at the Cahuilla project in California.
The government of Ghana has agreed to re-negotiate terms with international mining firms. A seven member team was set up by the Finance Minister Dr Kwabena Duffuor who said a review was necessary as the nation had benefited little from dividends and record world prices of gold.
By Joel Scanlon
2 Feb 2012
Angus Mining (Namibia) Inc has signed an agreement with its joint venture partner, Forsys Metals Corp. The two are developing the Ondundu Gold Project in Namibia. The Canadian based precious metals exploration company is hoping to get good shareholder returns from the development of this asset.
By Joel Scanlon
2 Feb 2012