Selwyn Resources is to issue bonds to raise $ 30 million to restart the ScoZinc mine at Gays River in Nova Scotia. The mining at the zinc lead mine was suspended in 2009 as the metal prices fell and made the operations economically unviable.
Driven Capital has obtained the initial analytical results from its trenching and sampling program at the Lyn Silver project, which is located in Yukon’s Whitehorse Mining district.
By Joel Scanlon
23 Aug 2011
Minera IRL has started a 4,000 m diamond drill campaign at the Michelle Project in Argentina.
Golden Dawn Minerals has received its amended drilling permit from the British Columbia Ministry of Energy and Mines for the Wild Rose portion of the Wild Rose-Tam O'Shanter property.
By Joel Scanlon
23 Aug 2011
EastCoal has completed 90% construction of the wash-plant for the Ukraine-based Verticalnaya mine. The company is expecting to ship the plant from the UK manufacturer in the upcoming month. It is preparing the ground work on site.
By Joel Scanlon
23 Aug 2011
ECU Silver Mining has exposed the upward continuity of many mineralized layers called the A vein package, through the current underground development. These veins were separately explored at level 17 and are now exploring at the lower 18 and 19 levels.
By Joel Scanlon
23 Aug 2011
In Sydney an anti coal seam gas protest was organized outside the venue of a minerals conference being hosted by the State Government. Despite one third of natural gas in Australia coming from coal seams there are grave environmental concerns over the mining process called fracking by which it is extracted.
By Joel Scanlon
22 Aug 2011
The greedy politicians are to blame for miners’ miseries in Tumkur and Chitradurga as per the mining industry. The Central Empowered Committee or CEC appointed by the Supreme Court of India has recommended a mining ban in both these mining districts as an extension of their July 29 th order which suspended mining in Bellary.
By Joel Scanlon
22 Aug 2011
The federal parliament will test the support of the major parties for coal seam mining this week in Australia. The Australian Greens are to introduce a bill to increase the rights of land owners and protect the quality of water along with an independent MP.
By Joel Scanlon
22 Aug 2011
Xstrata has run into trouble with its expansion plans of the Wandoan coal mine in southern Queensland. Friend's of the Earth environmental group spokesperson Dr Bradley Smith said that they were opposed to what may end up as the largest coal mine in the southern hemisphere as it would emit 15% of the global emissions and impact the climate change seriously.
By Joel Scanlon
22 Aug 2011
The Papua New Guinea mining and petroleum industry is worried about the changes that have been proposed to the mining laws in the country. The government is reviewing existing laws to revert ownership of resources on, as well as under the land and seabed to the traditional owners.
By Joel Scanlon
22 Aug 2011
Cypress Development has signed a second amending contract with. Robert Marvin,an independent consultant, in which the company received a work extension at the Twenty-One Silver-Gold claims, which is situated in west central Nevada-based Mineral County from July to December, 2011.
By Joel Scanlon
22 Aug 2011
Golden Hope Mines has provided details about its summer diamond drilling program in Southeastern Quebec, during 2011. The primary drilling is for six holes, around 2800 m in total.
By Joel Scanlon
22 Aug 2011
CBM Asia Development has proclaimed that Medco Energi has obtained the final data of gas content from Core Laboratories for the CBM-SE-04 well, which is situated at the South Sumatra-based Sekayu coalbed methane production sharing contract.
By Joel Scanlon
22 Aug 2011
Lundin Petroleum has started the drilling program at the Batu Hitam prospect, which is situated in Block PM308A. This block is located offshore at the the east coastline of the Peninsular Malaysian Peninsula.
By Joel Scanlon
22 Aug 2011