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.
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