Harvest Gold, a mineral exploration company, has started a diamond drill program at the CUD claim property, which is situated 8 km towards the eastern part of operating gold mine of San Gold in Manitoba.
The Steinmetz Diamond Group of Companies is looking to float its diamond mine in Sierra Leone on the Hong Kong Stock Exchange.
By Joel Scanlon
24 Jan 2012
Gold production for Newcrest Mining Limited declined 20% after disruptions at its Cadia Valley and Lihir mines.
Newly elected Labor leader of Western Australia, Mark McGowan announced a major policy change on uranium mining. The opposition party had previously claimed that it would shut down any approved uranium project if it was elected next year.
By Joel Scanlon
24 Jan 2012
Lundin Mining Corporation has released the results of a Future Underground Materials Handling Study for its Neves - Corvo project.
Calgary-based company, Delphi Energy has announced its operations update relating to the ongoing Bigstone Montney development.
By Joel Scanlon
24 Jan 2012
Auracle Resources has released the assay results of five holes from the Phase One drilling program conducted on the Mexican Hat gold project. The project is situated close to Pearce, Arizona, 125 km towards the southeast of Tucson.
By Joel Scanlon
24 Jan 2012
Canadian-based mineral exploration company, Paragon Minerals has released the assay results of the 2011 November drill program on the Huxter Lane Joint Venture Project in central Newfoundland.
By Joel Scanlon
24 Jan 2012
Colorado Resources has obtained the 2011 exploration results from its Hit property, which is situated about 27 km to the north of Princeton in British Columbia.
By Joel Scanlon
24 Jan 2012
Romarco Minerals reports an update of the current drill program assays from its Haile gold mine project located in southern Carolina. The Q4 results of 2011 are showing the continuity and constant growth of the Haile’s mineralized system.
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