Areva, the French nuclear group, saw a dip of 2.6% in its sales in the last year. The mining unit of the group managed to soften the blow that the company felt in the aftermath of the nuclear disaster in Fukushima in Japan in 2011.
By Joel Scanlon
30 Jan 2012
Micrex Development, a mineral exploration company, declared the progression of the drilling project at its St. Charles magnetite deposit located in Québec. An aeromagnetic survey conducted before revealed a minimum of 30% increase in the deposit’s size.
By Joel Scanlon
30 Jan 2012
MDN, a mining exploration company, has begun the February drilling program on its Nikonga project located in Tanzania. The program will assess two gold-in-soil anomaly trends of 2 km strike length.
By Joel Scanlon
30 Jan 2012
Imperial Metals, a mine development and operating company, has announced the exploration results from the 2011 surface diamond drill program conducted at its Ruddock Creek property, which is situated 155 km northeast of Kamloops in British Columbia.
Northisle Copper and Gold, a Vancouver-based junior resource company, has declared that the Induced Polarization (IP) Survey conducted on the Island Copper Project’s eastern Rupert Block has identified two IP chargeability anomalies in regions of widespread glacial sedimentary cover.
By Joel Scanlon
30 Jan 2012
Sienna Gold has reported the new drill hole results from the Callanquitas structure, which is located at the Igor project in Peru. The company drilled 1637.1 m, totaling five holes.
By Joel Scanlon
30 Jan 2012
Minsud Resources provides an update on new diamond drill program performed at the Chita Porphyry segment, which is situated in the Chita Valley project in Argentina.
By Joel Scanlon
30 Jan 2012
Positive results have been reported by Riverside Resources from excavator trenching reporting assays of up to 1.4 g/t Au.
By Joel Scanlon
27 Jan 2012
Mineral exploration company, Evrim Resources has released the first assay results from the drill program, which is being conducted at the Suaqui Verde project located in Sonora, Mexico.
By Joel Scanlon
27 Jan 2012
Canadian company, Carmax Mining announced that it has obtained the assay results from 16 of the 25 holes, which were drilled on the Bornite Zone and East Zone target regions of its Eaglehead Cu-Mo project in 2011. The Eaglehead Property is situated in northwestern British Columbia.
By Joel Scanlon
27 Jan 2012
GoldQuest Mining has declared that it will conduct a C$500,000 drilling program at the Escandalosa gold project in the Dominican Republic.
Golden Share Mining, an exploration company in Canada, has announced the initial results from the drilling program conducted during the fall of 2011 at the Band Ore main zone target, which is situated in the Shebandowan gold project (SGP) in Canada.
U.S. company Peabody Energy feels that its latest Australian acquisition, the Macarthur Coal mines are not up to industry standards. The largest producer of coal in the U.S. by output, has decided to spend time and money on the coal mine to bring it up to par with its expectations.
Indochine Mining Limited announced that it was working aggressively on its pre-feasibility study as it drilled targets destined to improve current resources levels at its Papua New Guinea property. The Australian listed company has three drill rigs in operation at present for this purpose.
By Joel Scanlon
26 Jan 2012
Rio Tinto has gained the majority stake in Ivanhoe Mines. This will give it better control over the development of gold and copper deposits in Mongolia. The control of the Oyu Tolgoi project has been a bone of contention between the two companies for a long while now.