Orestone Mining has begun the 2011 phase I exploration at the Captain project, which is situated around 65 km to the northeastern side of Fort St. James in British Columbia.
By Joel Scanlon
5 Aug 2011
Calibre Mining has declared that its business partner B2Gold has agreed a Phase II exploration and budget for the Primavera prospect, which is a gold-copper project situated 7 km to the southern part of the past Santa Rita skarn mine, producing gold and copper, in the Borosi Project, northeast Nicaragua.
American Manganese has obtained results for 14 holes from the 2011 drill program at the Artillery Peak manganese deposit. It had formerly reported results for initial 59 drill holes.
Teryl Resources has planned to commence a drilling program at the Westridge property for analyzing many anomalous gold targets.
By Joel Scanlon
5 Aug 2011
Riverstone Resources has announced additional drilling results from the Goulagou I zone of the Karma Project in Burkina Faso, West Africa.
By Joel Scanlon
5 Aug 2011
Critical Elements has started exploration activities at the Rocky Mountain Rare Earth and Rare Metals properties, located in southeastern British Columbia.
By Joel Scanlon
5 Aug 2011
Indian iron-ore mining group Zamin Ferrous Resources was to develop the Minera Aratiri project in Uruguay, but has now downgraded the project on its international priority list from first to fourth position. The $1 billion that was slated by the company for the project is now going to be put to better use in other ongoing projects.
By Joel Scanlon
4 Aug 2011
The U.S. Environmental Protection Agency (EPA) said that it had reached a deal for the uranium contamination probe on the Navajo Nation former mining site. On Monday they said that Chevron USA Inc. was to survey the radium contaminated soil in the 31 acre Mariano Lake Mine site near Gallup, N.M., and in the surrounding 10 homes and 2 water wells.
By Joel Scanlon
4 Aug 2011
The demand for diamonds is likely to wane in India as the price of gems surge. India is the largest exporter of polished precious stones in the world. However the representatives of Titan Industries Ltd feel that current price rises of 60-70% for polished stones may see consumers buying gold over diamonds.
By Joel Scanlon
4 Aug 2011
The Anglo Pacific Group has acquired a 1% gross revenue iron ore royalty from London Mining. The royalty will be earned from the Isua iron ore project located in Greenland after a $30 million investment from Anglo Pacific. The project is slated for production in 2015.
Stillwater Mining Company has reported record profits for the quarter ending June 30, 2011. The Montana based company has seen a 192% hike in profits recorded compared to the same quarter the previous year. The company earned nearly $42.7 million in the second quarter this year equating to 39 cents a share.
By Joel Scanlon
4 Aug 2011
New Pacific Metals has proclaimed the assay results of the initial step out hole, Raca11-01, at Tagish Lake gold-silver property’s Raca region in Yukon.
Zone Resources is in the trade of purchasing and assessing oil, natural gas and other mineral properties for exploration and expansion.
By Joel Scanlon
4 Aug 2011
Marathon Oil Norge has announced the completion of drilling of the wildcat well 25/10-11 that tests the Earb South prospect in PL505.
By Joel Scanlon
4 Aug 2011
Pershimco Resources has reported the further assay results from the current 2011 exploration at the Cerro Quema in Panama, which is a gold-copper project.
By Joel Scanlon
4 Aug 2011