Australian company Thor Mining has improved on its projected tungsten recovery at Molyhil. The company initially projected an estimated 67% metallurgical recovery of tungsten, but has now improved that to 75% for the mine in the Northern Territory.
South Korean company Posco has decided to buy a 15% interest in the Roy Hill mining project in the Pilbara region. The steel making giant is investing $1.5 billion in the mine owned and operated by Gina Rinehart’s company, Hancock Prospecting.
Trafford Resources has sold its 5.89% stake in Robust Resources. This has brought in nearly $7.4 million cash for the company from the sale of its 5.3 million shares at the rate of $1.40 per share.
By Joel Scanlon
23 Jan 2012
Major opposition to lignite (brown coal) showed up in the form of a protest in Southland, New Zealand as part of the “Keep the Coal in the Hole Summer Festival”. The protestors were against a project to mine lignite near Mataura by state owned company Solid Energy.
By Joel Scanlon
23 Jan 2012
In Virginia the Governor Bob McDonnell has asked the state legislature to keep the moratorium on uranium mining alive for the 2012 session. He also asked his administration to come up with a further study on the issue using a working group so that a well informed decision could be made in the future.
By Joel Scanlon
23 Jan 2012
Calibre Mining and B2Gold have reported the drilling results of the initial three holes drilled at the Primavera project in Northeast Nicaragua. The occurrence of extensive copper and gold has been confirmed by the assay results of these holes in December 2011.
Crocodile Gold has intersected further high-grade gold on the drill holes located at the Union Reefs project, which lies under the Crosscourse and Prospect deposits.
By Joel Scanlon
23 Jan 2012
FDG Mining has used a second diamond core drill rig for the exploration program at the Topacio project. The positive results of the first hole DDH11-01 have accelerated the drilling program for the inferred resource expansion.
By Joel Scanlon
23 Jan 2012
New World Resource has reported the drilling results of the initial seven holes drilled at the Lipeña/Bonete project in South Bolivia. The company has drilled 2,509.5 m, totaling seven holes that enclose around 900 m of strike length.
By Joel Scanlon
23 Jan 2012
BHP Billiton announced that it was going to set new records in the production of iron ore in 2012. The statement from the mining giant came on Wednesday in light of the expansion of mining operations in the Pilbara region of Western Australia.
Having received legal clearances African Queen Mines has decided to proceed with a core drilling program at the Noyem - Nyanfoman project in Ghana.
By Joel Scanlon
22 Jan 2012
Diamonds are formed in the magma that is present deep inside the Earth. Then how do they get to the surface of the planet to a depth where miners can easily harvest them? That is what the researchers at the University of British Columbia in Vancouver tried to find out.
By Joel Scanlon
22 Jan 2012
Jayden Resources, which is an exploration firm based in Canada, has reported the additional drilling results of the 2011 program conducted at the company’s Silver Coin gold project in BC.
By Joel Scanlon
21 Jan 2012
Entourage Metals is mobilizing a second drill rig in order to speed up the drilling program at its Black Raven gold project, which is situated in the Hemlo Greenstone Belt in North Ontario.
By Joel Scanlon
21 Jan 2012
Tiex has reported the initial drill hole results from the Viewland project. A primary exploration phase has been conducted at the company’s six porphyry gold-copper projects in central British Columbia.
By Joel Scanlon
21 Jan 2012