Vale and Aquila Resources plan to develop the Eagle Downs coal mine in Queensland, with construction expected to start soon after securing the mining lease.
VMS Ventures has provided the details of its Copper project near Snow Lake in Manitoba.
By Joel Scanlon
20 Aug 2011
Sonora Resources has inked a letter of intent (LOI) to buy the claim groups contiguous to the newly purchased Ayones Property and 49 ha of the La Mazata Silver Mine in Mexico.
By Joel Scanlon
20 Aug 2011
NuLegacy Gold has begun drilling at the Coal Canyon as part of its current 10,500 m drilling campaign at its Red Hill prospect.
By Joel Scanlon
20 Aug 2011
NQ Exploration has released the drilling results of three holes from the Lac Shortt project, which is situated approximately 150 km to the southwest of Chibougamau in Quebec.
By Joel Scanlon
20 Aug 2011
Creso Exploration has proclaimed the results of eight drill holes, 1393 m in total, from the Matona, Tyrrell, Porphyry Lake and Hare Lake options at the Shining Tree district.
By Joel Scanlon
19 Aug 2011
Diamonds North Resources has commenced the 2011 exploration campaign at the Hepburn property, which is situated in the Northwest Territories.
Teslin River Resources has completed a reverse circulation (RC) drilling program at the Mustang property, which is situated 20 mi southeast of Gabbs in Nevada.
By Joel Scanlon
19 Aug 2011
Castle Resources is a junior mineral development firm based in Toronto and focuses on advanced and high-quality projects.
By Joel Scanlon
19 Aug 2011
Advanced Explorations (AEI) has reported the additional drilling results from the Tuktu iron ore project, which is situated in Nunavut, Canada.
By Joel Scanlon
19 Aug 2011
Aben Resources has begun a Phase I diamond drilling program, totaling 2,000 m, at its 4,114 acre Justin gold project, located in western Yukon.
By Joel Scanlon
19 Aug 2011
The next time you look at the flame of a candle think about tiny diamond particles that contribute to its brilliance. As per Dr Wuzong Zhou from the St Andrews University there are 1.5 million diamond nanoparticles in a candle’s flame. A fact that the Chinese who invented the first candle more than 2,000 years ago could not have possibly known.
By Joel Scanlon
18 Aug 2011
There is a considerable dependence at present for Rare Earth Elements (REEs) on China at present. Given that it supplies more than 95% of the world’s needs that is hardly surprising. However the dependence on China may be on the decline as many nations struggle to develop their own resources to diminish the hold of the Chinese monopoly on these rare elements.
By Joel Scanlon
18 Aug 2011
The government of Namibia has withdrawn its proposed mining tax hike. Earlier in the year the Namibian government had announced a proposal to raise the mining tax rate to 44% from its current rate of 37.5 %. The Deputy Finance Minister of Namibia, Calle Schlettwein, said that the proposal had been withdrawn to increase the corporate tax on mining companies.
By Joel Scanlon
18 Aug 2011
Compass Gold Corp is planning to buying out the 49% of a gold mining operation called Africa Mining SARL from Transocean Finance Pty Ltd. and Madani Diallo. Compass Gold will swap 30 million units of common shares and purchase warrants for the 49% stake in Africa Mining.