Prophecy Platinum will begin the drill program at the company’s Wellgreen PGE-Ni-Cu project on the third week of January, 2012.
By Joel Scanlon
5 Jan 2012
Golden Phoenix Minerals Inc. announced that it has received the initial resource estimates for the Santa Rosa gold mine.
By Joel Scanlon
4 Jan 2012
Bandanna Energy is looking for new partners to help fund the development of its coal mines in Bowen Basin.
By Joel Scanlon
4 Jan 2012
Cameco Corporation has announced the completion of a second shaft to reach the main mine at its Cigar Lake uranium mine. The final section of rock was removed on January 3, 2012.
Kentor Gold hopes to expand the existing gold JORC resource at the Gabanintha Gold Copper Project in Western Australia. In order to do so the mid-tier gold mining company is planning a reverse circulation drilling program at the location.
By Joel Scanlon
4 Jan 2012
PA Resources has inked a contract in order to sell its working interest in the oil producing fields of El Bibane and Ezzaouia in Tunisia. The company will sell those fields for USD 4.0 million.
By Joel Scanlon
4 Jan 2012
Go-Coil has been acquired by Pioneer Drilling for around $110 million in cash payment. Coiled tubing services are offered by GO-Coil to production and exploration firms in the United States offshore and onshore oil and gas markets.
By Joel Scanlon
4 Jan 2012
Protests in Peru restarted on Monday against the $4.8 billion Conga gold mine. Local residents are worried that if the mine is developed it will spell disaster for their water supplies.
By Joel Scanlon
3 Jan 2012
At the Freeport-McMoRan mine in Indonesia workers have delayed their return to work. They have been on strike for a three month period which finally ended on December 14 as the company agreed to demands to increase wages by 37%.
By Joel Scanlon
3 Jan 2012
Grange Resources is contemplating selling some of its stake in the Southdown Iron Ore Project to help fund debt and equity requirements. The Perth based company owns 70% of the project in Western Australia which is a proposed $2.57 billion export venture.
Ram Resources has released its first drill results from the Aries prospect at the Motzfeldt Project in Southern Greenland. The results have showed long, high grade intersections of rare earths and tantalum in four out of the seven drill holes that have been analyzed.
By Joel Scanlon
3 Jan 2012
Northern Freegold Resources has reported the final drill hole results from the Revenue Zone porphyry system located at the Freegold Mountain project in Yukon.
A25 Gold Producers has finished a soil geochemical sampling campaign at the extension properties of the company, which are situated in British Columbia, Canada.
By Joel Scanlon
31 Dec 2011
The operator has informed Brookemont Capital that drilling is being performed at a trench with 250 m thickness across the arsenic geochem soil sampling anomaly, located on the Handeni North gold prospect near the northern part of Magambazi prospecting License.
By Joel Scanlon
30 Dec 2011
North Springs Resources has defined the planned exploration work at its gold property, which is situated in Nevada’s Mineral Ridge mining district.
By Joel Scanlon
30 Dec 2011