Hanlong Mining Managing Director, Steven Hui Xiao, Vice President Calvin Zhu and employee Fan Zhang have resigned until the investigation related to proposed investments in two Australian miners is concluded. All of them have been asked to stay in Australia whilst legal issues pending are resolved.
By Joel Scanlon
14 Sep 2011
Condor Resources has reported further test results from 145 new samples at its San Martin, which is a precious metals property in the Caylloma-Orcopampa belt, south Peru.
Cresval Capital, a junior explorer of copper, gold and precious metals, has completed the mobilization at its Bridge River project to conduct the phase I drilling campaign.
By Joel Scanlon
14 Sep 2011
Northern Iron has announced the next set of assay results of three drill holes from the Karas property.
By Joel Scanlon
14 Sep 2011
Sunridge Gold has started a further drilling program of 6,000 m at the Gupo Gold deposit, which is situated on the Asmara project in Eritrea.
By Joel Scanlon
14 Sep 2011
Seadrill has received a four year deal from Statoil, which is a global energy firm, for the West Hercules ultra-deepwater drill rig to operate in harsh surroundings.
By Joel Scanlon
14 Sep 2011
NovaGold Resources has informed Marifil Mines that is moving a drill rig to the San Roque project in a few days.
Gold Reach Resources has obtained the assay results from the 2011 drilling campaign conducted at its Auro property, which is situated contiguous to the New Gold’s Black-water Davidson deposit.
By Joel Scanlon
14 Sep 2011
Discovery Ventures has announced that its field team is currently ongoing with grid soil sampling and geological mapping work at its La Sarita project, located in Sonora Mexico.
By Joel Scanlon
14 Sep 2011
BonTerra Resources has performed an infill sampling program at the significant zones in BA-10-08 and the secondary vein systems.
Oxford Instruments Magnetic Resonance will showcase the new GeoSpec2 NMR Core Analyzer at the SCA Annual Symposium in Austin, Texas September 18-23.
Blackthorn Resources will begin operations at its zinc mine in Burkina Faso in 2012. The mine is the Perkoa zinc mine which it holds in a joint venture with Glencore International Plc. Blackthorn Resources hopes to make the shift from a junior miner to a middle tier miner by 2014.
Rare earth elements are a group of metals that are useful in the manufacturing of high-tech gadgets and green technology. 95% of the world’s supply of these elements comes from China. The new restrictions that the nation has placed on the exports of these elements has adversely affected the global electronics industry.
By Joel Scanlon
13 Sep 2011
Wolf Minerals announced that the Hemerdon tungsten mine held one of the biggest tungsten resources in the world. The mine is located near Plymouth, UK and Wolf Minerals has already obtained funds worth four million pounds to develop the mine site.
Canadian Orebodies has released the first set of results from their ongoing drilling exploratory program at the Haig Inlet Iron Ore Project. The iron ore project is situated on the Belcher islands in Nunavut in Canada.