Commander Resources has begun the work recently at the Stump Lake gold property, which is situated 25 km to the southern part of Kamloops.
ATAC Resources has released the final results of the 2011 drilling program from its Ocelot lead-silver-zinc discovery.
By Joel Scanlon
15 Sep 2011
A new report from Ernst & Young said that the top risk factor for the mining sector was resource nationalization. The annual report, ‘Business Risks Facing Mining and Metals 2011-2012’, said that the most hindering factor for the minerals industry was going to be nationalization as close to 25 countries come up with new mining laws.
By Joel Scanlon
14 Sep 2011
The government of Zimbabwe and platinum mining firm, Zimplats have finally come to an agreement regarding the new indigenization requirements for indigenization empowerment in the country.
White Tiger Gold Ltd is all set to acquire the Century Mining Corporation after having received approvals from shareholders of both companies involved on Tuesday. Almost 100% votes were cast in favor of the deal by shareholders of White Tiger Gold, while close to 84% of votes cast by Century Mining shareholders were also in favor of the deal.
By Joel Scanlon
14 Sep 2011
Guinea signed a new 106 page updated mining code into law last week. Mines Minister Mohamed Lamine Fofana said that it would root out unconscionable provisions and tone down Chinese investment in the nation.
By Joel Scanlon
14 Sep 2011
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