Peel Mining Limited is happy to announce that the follow up drilling that it conducted at the Mallee Bull prospect has intersected more high grade Cobar style polymetallic mineralization. The Perth based mining company began the follow up drilling program in November 2011.
By Joel Scanlon
11 Jan 2012
Weather once again seems to be playing spoilsport in Western Australia as the approaching category two cyclone Heidi led to the precautionary shut down of two mining ports. The Pilbara region had suffered great losses in the mining sector due to heavy rains last year as well.
By Joel Scanlon
11 Jan 2012
Exxaro Resources has launched a $349 million bid for African Iron. The South African company is hoping to gain control of the Australian listed African Iron’s Mayoko iron ore project located in the Democratic Republic of Congo.
LogiCamms has been chosen to conduct the initial phase of upgrade of electrical infrastructure at the Rio Tinto iron ore port assets in Western Australia.
By Joel Scanlon
11 Jan 2012
Legend Mining is in receipt of the first right of refusal from Extension Hill to purchase the Mt Gibson Gold Project in Western Australia. The company had first entered into the agreement to sell Mt Gibson in November 2011.
By Joel Scanlon
11 Jan 2012
Manitou Gold has updated on exploration works proposed for 2012 and a review on the progress made in 2011.
By Joel Scanlon
11 Jan 2012
Nevada Copper has reported further encouraging results from step-out holes drilled at the Pumpkin Hollow property in Nevada. Currently, a geotechnical, a hydrologic, and three exploration drilling service rigs are working at the project.
Banks Island Gold has obtained assay results of 10 diamond drill holes out of 19 holes drilled at the Tel zone during December 2011. The company will release the remaining hole assays when received.
By Joel Scanlon
11 Jan 2012
A new mining bill being pushed by the Republicans in Wisconsin could end up costing the Department of Natural Resources between $550,000 and $3.8 million a year. Analysts say that the bill could lead to higher expenses and lower revenue.
By Joel Scanlon
10 Jan 2012
In a move that will make many environmental groups happy the U.S. Interior Secretary Ken Salazar has imposed a 20 year long ban on any new uranium and other hard rock mining near the Grand Canyon National Park. The ban has been put in action to protect the Colorado River basin.
By Joel Scanlon
10 Jan 2012
Gina Rinehart has decided to reward her loyal daughter by projecting her as her heir. The 25 year old Ginia Rinehart is the only one of her four children who is not suing her for control of her $10 billion empir
Australian mining company Polymetals Mining is planning to raise its stake in the Drew Hill gold project to 50%.
By Joel Scanlon
10 Jan 2012
Aurora Algae, a US based biofuel company, is looking to move into the booming mining sector in Western Australia by providing companies biodiesel from algae to meet their energy needs. The company is also hoping to get a share market listing later this year.
By Joel Scanlon
10 Jan 2012
Resource and Investment NL, a junior resources company that is chaired by Miles Kennedy, is to buy the Fortnum gold project in Western Australia for $35 million.
By Joel Scanlon
10 Jan 2012
Western Pacific Resources has announced the assay results of the final 15 holes drilled at Mineral Gulch project during 2011.
By Joel Scanlon
10 Jan 2012