Lundin Petroleum, an independent firm exploring and producing oil and gas in Africa, Europe, South East Asia and Russia, has reported the beginning of a drill program at the Janglau prospect, which is situated in Block PM308A, offshore to the Peninsular Malaysia’s eastern shoreline.
By Joel Scanlon
27 Sep 2011
Mindoro Resources has reported the initial hole results from the infill and expansion drill program conducted at the Southwest Breccia (SWB), which is a high-grade, epithermal gold shoot located at Lobo in Philippines.
Pro Minerals has announced the completion of a second exploration phase at its Cairo gold project, which is located near Matachewan in Ontario.
By Joel Scanlon
27 Sep 2011
Tethys Petroleum, an oil and gas exploration and production firm in Central Asia, has updated the first results of the AKD06 Doris appraisal well, located in Kazakhstan.
By Joel Scanlon
27 Sep 2011
The Queensland State Government said that the new coal mine in Galilee Basin could generate close to 6,000 jobs during construction and 1,500 more during the actual life of the mine. The $8.3 billion worth coal project is being developed by Waratah Coal.
Canada Lithium Corp. said that the follow up drilling program at the lithium carbonate project located 60 km north of Val d’Or had been favorable. The 56 hole follow up drilling was conducted at the $200 million project to ensure site clearance for the mine and mill.
By Joel Scanlon
26 Sep 2011
The Kingdom of Jordan is going to become a uranium producer by 2013 in spite of all the controversy regarding the nuclear program in the country. A feasibility study for a joint venture uranium mining project will be completed by the end of the year.
By Joel Scanlon
26 Sep 2011
The government of Mongolia is hoping to gain a larger part of the Oyu Tolgoi mining project. The largest undeveloped copper mine in the world is to be developed by Ivanhoe Mines with Rio Tinto lending its expertise.
Platinex and Creso Exploration have announced the fresh grab and channel sampling results from the Gold Corona-Pet Vein zones, which is situated at its Gold Corona property in Ontario.
Aquila Resources has announced the fresh drilling results from the Back Forty project. HudBay Minerals and Aquila have formed a joint venture for the Back Forty project, wherein now Aquila holds 49% and HudBay holds a 51% of interest in the project.
By Joel Scanlon
26 Sep 2011
Dynasty Gold has contracted DeLong Construction for conducting up to 1,230 m of the phase I drill program at the Golden Repeat property.
Entrée Gold has reported the assay results of an additional two deep drill holes from its Ann Mason deposit, which is a copper and molybdenum mineralization in Nevada.
By Joel Scanlon
26 Sep 2011
Lundin Petroleum has completed the drilling at Aldous Major North, which is the exploration well 16/2-9S. The location of the well is in license PL265 at the Norwegian Continental Shelf.
By Joel Scanlon
26 Sep 2011
Medallion Resources Ltd has announced that it would be acquiring existing holdings of the reddish-brown phosphate mineral Monazite that contains rare earth metals as part of its new strategy. Medallion has also decided not to invest more funds into the exploration of the Eden Lake property in Manitoba, Canada.
Indian government-owned NMDC is to buy 50% stake in the Australian Legacy Iron Ore. The Rs 92 crores investment, roughly equal to Australian $19 million, will make it the first Navratna company to get into an overseas project of this magnitude.
By Joel Scanlon
25 Sep 2011