The Wilderness Society has asked Federal Environment Minister Tony Burke to use emergency powers to protect four areas in Cape York, Australia that are currently threatened by mining proposals. The appeal was made in a letter by Gavan McFadzean last week.
By Joel Scanlon
31 Jan 2012
Lincoln Mining is hoping to set up a non-brokered private placement for $300,000. The company listed on the Toronto Stock Exchange is looking to sell 4,000,000 units priced at $0.75 each.
OneVentures Innovation Fund has invested in first clean technology to support Peak3, a company based in Brisbane, to commercialize services and products for the treatment, management, and monitoring of particular emissions in diesel engine.
By Joel Scanlon
31 Jan 2012
Spectrum Acquisition, a developer of niche bio-mining technology, has planned to begin core sample analysis and micro-drilling program for gold, platinum and silver at its three gold mine properties, which are near the borders of California and Oregon.
By Joel Scanlon
31 Jan 2012
North Springs Resources provides an update on the current drilling program at the Goldstar-One Arm Joe gold project, the company’s 20% owned property situated in Arizona.
By Joel Scanlon
31 Jan 2012
Glass Earth Gold has released the initial drilling results from the Muirs Reef prospect in New Zealand. This initial drill program, out of 17 diamond holes, has been planned to discover the gold resources in the Massey Reef area.
By Joel Scanlon
31 Jan 2012
Commerce Resources has announced the results of four holes drilled at the Ashram rare earth element (REE) deposit during the summer or fall exploration program. The deposit is located at the Eldor project in North Quebec.
By Joel Scanlon
31 Jan 2012
Coalspur Mines Limited has announced the results of its Bankable Feasibility Study (BFS) for its Vista Coal Project near Hinton in Canada’s Alberta province.
By Joel Scanlon
30 Jan 2012
Mining protests in the small Romanian town of Carpathian occurred last week. The astonishing part was that there were two simultaneous protests one which lamented the delay to the proposal to develop the largest open cast gold mine in the region, the other which hoped that the mine would never come to be.
By Joel Scanlon
30 Jan 2012
Revett Minerals Inc. said that the Troy Mine situated in western Montana had enough copper and silver ore for the mine to operate for another 7 years minimum. It could even be longer, an official from the Spokane, Washington based company said.
By Joel Scanlon
30 Jan 2012
Legacy Iron Ore is currently looking for $200 million to fund the mine development at its flagship project called Mt Bevan. The iron ore project is situated nearly 100 km to the west of Leonora in central Yilgarn region.
By Joel Scanlon
30 Jan 2012
The troubled international body charged with handling the prevention of sales of blood diamonds has a new chairman. The United States has appointed career diplomat Gillian Milovanovic to take the chair of the Kimberly Process.
By Joel Scanlon
30 Jan 2012
Fortescue Metals Group is hoping that the government approval for a fifth berth at Port Hedland will come in by next month.
Brazilian mining giant Vale SA, has been charged with $5.6 billion in unpaid taxes in Brazil. The world’s largest iron ore producing company plans to lodge an appeal against the decision.
Caterpillar Inc., the world’s largest producer of construction and mining equipment, saw its fourth quarter earnings rise per share to $2.32 as compared to $1.47 last year.