In Indonesia gunmen attacked a helicopter which was transporting mine workers from the Freeport McMoRan gold and copper mine in the east of the country.
By Joel Scanlon
19 Dec 2011
Eldorado Gold is to buy European Goldfields in a cash-cum-shares deal worth Canadian $2.4 billion. Eldorado will acquire all of the issued and outstanding common shares of European Goldfields with an arrangement under the Yukon Business Corporations Act.
Cotter Corporation N.S.L. has decided to shut down the uranium mill in Canon City. Company officials have decided not to renew the license to operate the uranium mill once it terminates in January next year.
By Joel Scanlon
19 Dec 2011
African nations have decided to use the wealth that comes in from the mining industry for the development of the weaker sections of their economies.
By Joel Scanlon
19 Dec 2011
Gunpowder Gold has provided update on the results from one of the claim blocks located in the Dome Rock gold project, Arizona.
By Joel Scanlon
19 Dec 2011
Steele Resources has achieved its development objectives for the year, 2011 and formed a166 ft development drift, which will help as an important haulage for upcoming mining works at the Mineral Hill gold mine.
By Joel Scanlon
19 Dec 2011
The U.S. Bureau of Land Management has given authorization to Molycorp in order to start the exploratory drill program at a heavy rare earths occurrence, which is situated near the flagship rare earth manufacturing unit at Mountain Pass in California.
By Joel Scanlon
19 Dec 2011
NV Gold (NVX) has completed the field part of the Surselva gold exploration campaign conducted in southeast Switzerland.
By Joel Scanlon
19 Dec 2011
Crazy Horse Resources has reported the assay results from the final 49 holes drilled during all the resource drill campaign at the Taysan project, which has porphyry copper, gold and silver. The company has drilled 36,494 m at the project.
By Joel Scanlon
19 Dec 2011
Messina Minerals has identified outcropping huge sulphide mineralization, which is rich in copper, at the Brook prospect that is situated in Victoria property, central Newfoundland.
By Joel Scanlon
19 Dec 2011
Camino Minerals has obtained final assays of the remaining 19 holes at the Rodeo gold project, Mexico. The company encountered 5.00 g/t silver and 2.58 g/t gold over 19.15 m, 13.00 g/t silver and 1.06 g/t gold over 102.25 m in the hole RO-11-026.
By Joel Scanlon
19 Dec 2011
Iron ore prices are constantly rising and will fuel the Australian resources boom for at least one more year as per the Bureau of Resources and Energy Economics.
By Joel Scanlon
18 Dec 2011
At the Kings Valley lithium project located in Nevada, owners Western Lithium Corporation have completed a positive pre-feasibility study.
Employment opportunities in the mining sector in Western Australia are growing steadily. The Australian Bureau of statistics has shown that total mining employment has hit 100,000 in the state and is likely to rise.
By Joel Scanlon
18 Dec 2011
Mutiny Gold Ltd, an Australian copper and gold miner has said that it has completed the acquisition of the remaining 30% interest in the Gullewa Gold Project making it the 100% owner of the project.
By Joel Scanlon
18 Dec 2011