Newcrest Mining had good news to share in its quarterly gold production report. The fourth quarter production of Australia’s biggest gold producer has rebounded 16% despite the problems being faced at its Hidden Valley and Lihir Mines.
Indigenisation and Empowerment Minister Saviour Kasukuwere said that the government of Zimbabwe had not thrown out all 175 indigenization proposals that it had received from mining companies.
By Joel Scanlon
21 Jul 2011
As construction of the Vele Colliery near South Africa’s Mapungubwe World Heritage site was approved for the Australian mining company CoAL of Africa Limited, protests have not settled down. However the Department of Environmental Affairs (DEA) insists that it was science and not emotion that allowed it to make the decision.
The ‘Tree Sitters’ are back protesting in the state of West Virginia. The Alpha Natural Resources mining company had to stop its blasting on Coal River Mountain on Wednesday as the protestors camped out in the trees performing in their own words ‘a non-violent direct action campaign’.
Ur-Energy has commenced the 2011 drilling campaign at the Lost Creek project and is continuing its exploration efforts at the Lost Creek north property.
By Joel Scanlon
21 Jul 2011
Glass Earth Gold has pronounced the significant surface channel sampling results from the Muirs gold prospect in New Zealand.
By Joel Scanlon
21 Jul 2011
Concordia Resource has proclaimed that its subsidiary, Meryllion Minerals has released the confirmation sampling results of the recent exploration program at its Providencia silver-copper prospect in northwestern Argentina.
By Joel Scanlon
21 Jul 2011
Trueclaim Exploration has recently completed a significant part in the phase II 8,000 m drilling campaign.
By Joel Scanlon
21 Jul 2011
Sona Resources has commenced a 5,000 m surface diamond drilling campaign at its Blackdome gold mine property, which was previously producing in the Clinton Mining District, southern British Columbia.
By Joel Scanlon
21 Jul 2011
Mill Bay Ventures has reported significant gold results from the Valentine Mountain gold project, which is situated 35 km northwest of Sooke in BC.
By Joel Scanlon
21 Jul 2011
Copper prices have been racing up over the last couple of years as the demand for the red metal far out reaches current supply. The base metal has seen its highest price in the last three months as both India and China compete for it.
By Joel Scanlon
20 Jul 2011
China supplies more than 95% of the rare earth minerals needed in the global market. Last year it cut its export quotas for rare earth minerals citing environmental concerns and a crackdown on illegal mining activities. This has caused a shortage of the vital minerals in the world markets.
By Joel Scanlon
20 Jul 2011
OZ Minerals has confirmed a $200 million share buyback after announcing high copper and gold production from the Prominent Hill mine. The buyback is to take place after August 17, 2011 once the half year financial results are announced.
Afferro Mining is planning on raising funds through an institutional placing. The gold and iron ore mining company has projects in Cameroon and Liberia.
By Joel Scanlon
20 Jul 2011
Velocity Minerals, a public company dealing with the acquisition, exploration and the development of gold, molybdenum and other mineral resources, has signed an Access Agreement with the owners of patented claims, known as A claims, which are crucial to the company's Orogrande claim block.
By Joel Scanlon
20 Jul 2011