Victory Nickel has discovered a formerly strange western expansion of nickel mineralization at the Nose Deposit. The location of this deposit is at Minago nickel project in Manitoba.
By Joel Scanlon
10 Aug 2011
Tao Minerals has inked a letter of intent (LOI) to partner with Bullet Holding of Medellin in Colombia and updated about the Las Aguadas project.
By Joel Scanlon
10 Aug 2011
Inter-Citic Minerals is continuing the 2011 exploration campaign at the Dachang gold project.
Diamonds North Resources has commenced the 2011 exploration campaign at the Amaruk Property, Nunavut. This exploration will focus on the first priority gold prospects and follow-up of the latest kimberlite target formation discovered from the electro-magnetic (EM) airborne information.
Harmony Gold Mining Company has settled a claim with the lead plaintiff of a group that claimed the company overstated earnings in 2007. The Johannesburg based Harmony Gold is the third largest producer of gold in Africa and the fifth largest producer of the precious metal in the world.
Globex Mining Enterprises made a statement on Monday saying that it had intersected high grades of copper and zinc, along with additional gold and silver mineralization, at the Tonnancour property.
Canadian company St Eugene Mining Corporation Limited saw its shares on the Toronto Venture Exchange rising by ten cents on this Monday as gold and silver recovery results from its Saskatchewan project came in.
Compania de Minas Buenaventura S.A.A. (Buenaventura) has received the required permissions to begin its operations at the Tantahuatay gold project.
By Joel Scanlon
9 Aug 2011
BHP Billiton is to acquire HWE Mining from Leighton Holdings, allowing the mining giant to switch to an owner-operater model at its iron ore mining operations in the Pilbara region. The deal will see Leighton Holdings richer by $735 million. HWE Mining had provided close to 70% of operations on behalf of BHP Billiton on contractual basis.
BonTerra Resources has obtained the complete drilling results from the hole BA-11-10. The company has identified extensive gold intercepts in this hole of the Urban-Barry belt.
Lundin Petroleum has discovered significant oil at the 16/2-8 appraisal or exploration well, which is located at the Aldous South prospect in PL265, Norwegian North Sea. The discovery is possibly an Avalsdnes discovery expansion, which was made by Lundin in PL501.
By Joel Scanlon
9 Aug 2011
Baobab Resources has provided the details on the exploration works that are ongoing at the Tete iron-vanadium-titanium project and Massamba Camp.
By Joel Scanlon
9 Aug 2011
HudBay Minerals has signed a definitive agreement with the Solway Group for the sale of 100% interest in the Fenix project.
Douglas Lake Minerals is a budding mineral exploration firm based in Tanzania, which focuses on the exploration and development opportunities in mining.
By Joel Scanlon
9 Aug 2011
Jindal Steel and Power Limited are going to use a new technology for smelting iron ore by using non-coking coal in their upcoming plants in the Indian states of Jharkhand and Orissa. Jindal Steel operates a 3.0 million tons a year steel plant in Chhattisgarh state and is setting up a plant of an equal capacity in Jharkhand state.