The managing director of Rio Tinto Australia, David Peever said that the federal government’s opinion that only ‘gassy’ coal mines needed carbon tax relief and non-gassy mines would be unaffected by the carbon tax was not viable.
By Joel Scanlon
8 Sep 2011
PetroWorth Resources, based in Canada, has inked a farm-in agreement with Pine Petroleum, which is based in Calgary, for drilling an oil prospect in south Alberta.
By Joel Scanlon
8 Sep 2011
Minsud Resources has announced the phase I drill campaign results from the Chita Valley Project in Argentina. This project is situated favorably in the El Indio mining district of Argentina and Chile.
By Joel Scanlon
8 Sep 2011
Cartier Resources has started the preliminary diamond drill campaign at the Diego gold project, which is located to the south-west of Chibougamau town in Quebec.
Viking Minerals has announced that the initial five assay results that returned up to 5.23% copper from the Dolly Varden claims in Nevada.
By Joel Scanlon
8 Sep 2011
Bard Ventures has received the 2011 phase I primary drilling results from its Lone Pine property. The results of the drill hole BD-11-67 has shown the high-grade mineralization persisting through the drill hole intercept regions that are extensively spaced.
By Joel Scanlon
8 Sep 2011
Driven Capital has obtained the results of re-assayed rock samples from the Lyn silver project. The rock sample LR-024 has returned 9,970 g/t of silver through assaying and was certified by ALS Canada.
By Joel Scanlon
8 Sep 2011
Researchers have come up with a new way to remove uranium from contaminated groundwater which should come as a major boost to the mining industry. Much of the opposition to uranium mining is based on the environmental damage done to ground water in the region.
By Joel Scanlon
7 Sep 2011
In Zimbabwe the Murowa diamond mine owned by Rio Tinto group is among the 45 mining operations which have managed to comply with the new rules on black citizen’s ownership. The Indigenization Minister Saviour Kasukuwere said that it was amongst the few companies that were already compliant with the policy to cede 51% ownership to black Zimbabweans.
Standard Chartered has bought the mining advisory firm Gryphon Partners. The deal has been in the offing for a while and was made in a bid to expand the influence of Standard Chartered into Canada and Australia. The specialised corporate advisor presently has offices in Adelaide, Brisbane, Sydney, Toronto and Vancouver.
By Joel Scanlon
7 Sep 2011
Canadian company Allana Potash said on Tuesday that it had initiated a feasibility study for its potash project in Ethiopia.
By Joel Scanlon
7 Sep 2011
The President of Peru Ollanta Humala has given his approval to a law which gives the indigenous communities a right to be consulted over development being planned on their lands. The law was enacted by President Humala in Bagua which is a region in the Amazon where more than 30 people were killed in 2009 while protesting against oil and mining projects.
By Joel Scanlon
7 Sep 2011
UnionTown Energy has completed the phase of engineering and testing at the New Miami #42-20H well. The company has ordered for the required elements in order to confirm the completion and has prepared work plans for bringing this well on pump.
By Joel Scanlon
7 Sep 2011
NuPower Resources will commence a reverse circulation (RC) drill program at its Arganara phosphate project located in the Northern Territory.
By Joel Scanlon
7 Sep 2011
ADX Energy has drilled a 16" hole to 1,001 m of total depth at Sidi Dhaher-1 well. The company has spotted a competent structure for the casing shoe and has commenced to arrange for 13 3/8" casing processes.
By Joel Scanlon
7 Sep 2011