Hellix Ventures has reported gold in the soil sampling results from the Athabasca property, B.C. It has conducted this rock and soil sampling campaign for confirming the early results reported by the property’s former workers.
By Joel Scanlon
20 Sep 2011
Indian company GVK Power has bought a stake in Australian company Hancock Group for $1.26 billion. The Hancock Group is owned by Gina Rinehart and the Indian company is investing in it to secure energy supplies for its future power plants.
By Joel Scanlon
19 Sep 2011
The environmental group ‘Switch Off Coal’ is staging a protest at the Bacchus March located west of Melbourne. The conservation group is unhappy about the brown coal testing that Mantle Mining is conducting in the area. Testing began about two weeks ago.
By Joel Scanlon
19 Sep 2011
The New South Wales government announced that tough conditions have been placed on the renewal of two controversial licenses held by BHP Billiton and Shenhua Watermark in the Liverpool Plains region. The licenses expired February this year.
The Orissa state government has decided to ‘beef up’ the regulation of the mining industry in the state in response to the recent ban of iron ore mining by the Supreme Court of India in the state of Karnataka’s Bellary region. The state government has issued a notification for reducing environmental effects of iron ore mining in the Joda and Koira regions.
By Joel Scanlon
19 Sep 2011
Victoria Gold Corp. is to commence a drilling exploration program at the Mill Canyon Gold Project located in Nevada. The Mill Canyon Gold Project is right next to Barrick Gold's Cortez Hills and Pipeline gold mines. The exploratory program is to test one of several high quality targets on the 6,900 acre property.
By Joel Scanlon
19 Sep 2011
Falcon Oil & Gas Australia has begun the Shenandoah #1 well operations, wherein the well is located in the Beetaloo Basin, Australia.
Mutiny Gold, who is the operator and optionee of Redhill Resources' Gullewa gold-copper project, has announced the intersection of fresh considerable high-grade gold at the Deflector gold deposit’s West Lode.
By Joel Scanlon
19 Sep 2011
Calibre Mining has announced further drilling results from its Riscos de Oro, which is an epithermal gold and silver project located in Northeast Nicaragua’s Borosi concession.
Monarques Resources has announced the results of five diamond drill holes from the 2011 winter exploration program conducted at its Arques property, which is a part of Monarques’ lengthy package of polymetallic property, Quebec.
By Joel Scanlon
19 Sep 2011
Beaufield Resources has released the results of the final seven drill holes, 1,632 m in total, from the Tortigny deposit in its Troilus property, Québec. It commenced drilling at the deposit in 2010 November and completed it in 2011 June.
By Joel Scanlon
19 Sep 2011
BonTerra Resources has evaluated the quality properties that enclose Quebec’s Eastern Extension property. It has been conducting prospecting on these properties during the past summer for drilling preparation and it has found fresh mineralized vein zones at the Urban-Barry property.
In a world scrambling to find new sources of Rare Earth Elements Afghanistan offers much promise. As per the U.S. Geological Survey the country holds 1 million metric tons of rare earth element resources in the Helmand Province. U.S. defense officials estimated in 2010 that there could be as much as $1 trillion worth of iron, copper, cobalt, gold and lithium in Afghanistan.
By Joel Scanlon
18 Sep 2011
Freeport-McMoRan Copper & Gold Inc. is experiencing a suspension of mining at the Grasberg mine in West Papua, Indonesia as workers commence a strike that could last over a month as per a labor union spokesman, Juli Parrorongan.
By Joel Scanlon
18 Sep 2011
A new species of tiny freshwater crab may cause trouble at a Rio Tinto site. The Wilderness Society is asking the federal Environment Minister to halt a $900 million mining exploration program being undertaken by Rio Tinto in Cape York after the discovery of the crab.
By Joel Scanlon
18 Sep 2011