As supplies tighten and local stockpiles dwindle imports of copper by China rose for the first time in three months. The county had imported 280,009 metric tons of copper in June which was a 10% increase from the 254,738 metric tons they imported in the month of May.
By Joel Scanlon
11 Jul 2011
The Director of the Australian Coal Association Ralph Hillman said that the carbon tax would affect the coal mining industry much worse than what the Gillard government had projected.
By Joel Scanlon
11 Jul 2011
UnionTown Energy has commenced drilling a second well at its Teton River property. The company expects that the drilling operations at the Teton River #2A-10 well will take 3 to 4 days.
By Joel Scanlon
11 Jul 2011
SANDSPRING RESOURCES has reported the additional encouraging gold and copper results from the infill-drilling program completed recently at the Toroparu gold-copper deposit in South America.
By Joel Scanlon
11 Jul 2011
Kosmos Energy has offered details of the drilling program at the Cedrela-1 exploration well offshore in the Republic of Ghana.
By Joel Scanlon
11 Jul 2011
CuOro Resources has mobilized the first of the three drill rigs for the phase I diamond drilling program at its Santa Elena property in Colombia.
By Joel Scanlon
11 Jul 2011
Red Metal Resources has begun a combined diamond drilling and reverse circulation (RC) campaign for about 2000 m at its Farellon copper-gold project.
Cap-Ex Ventures has awarded a contract to Sunrise Drilling to drill up to 15,000 m at Cap-Ex’s Redmond and Block 103 properties. Sunrise Drilling has moved the workers and drill rigs to a location at Schefferville and will immediately start the drilling program.
By Joel Scanlon
11 Jul 2011
Braemar Iron Alliance is likely to invest more than $7 billion at a new iron ore project near Broken Hill. As per the company the area between Peterborough in South Australia to Broken Hill is likely to become Australia's next major iron ore province.
By Joel Scanlon
10 Jul 2011
Bradken (ASX: BKN), an Australian mining equipment supplier, saw its shares rise to $8.64 (+4.73%ý) last week after it announced that it had made some acquisitions that would raise earnings by $28 million.
By Joel Scanlon
10 Jul 2011
BMA has applied for a 100% ‘fly in fly out’ workforce with the Queensland state government for the proposed Caval Ridge coal mine located in the Central Highlands of the state. At present the state government has a 70% cap on the mobile work force that a mine can use.
By Joel Scanlon
10 Jul 2011
Montero Mining and Exploration has commenced drilling at the Tumbili Target at Wigu Hill. Tumbili Target is situated on the south east central side of the Wigu Hill in Tanzania. It is a rare earth property which covers an area of 142 square kilometers. It is located 170 kilometers to the south west of the capital city of Dar es Salaam.
By Joel Scanlon
10 Jul 2011
The Department of Environmental Protection (DEP) in West Virginia has denied a petition which asked them to declare Blair Mountain unsuitable for mining. The June 2, 2011 petition was called frivolous by the DEP lawyer under state law.
By Joel Scanlon
10 Jul 2011
Mindoro Resources has announced encouraging results from the drilling program at the Agata South nickel laterite mineralization, having intersected strong iron and nickel grades at surface and broader than the anticipated profiles of saprolite and limonite.
By Joel Scanlon
8 Jul 2011
Match Capital Resources (Match) has completed the summer drilling program at the Indian Lake property. The company has drilled a total of 1,173 m, totaling nine holes.
By Joel Scanlon
8 Jul 2011