Trafina Energy has performed drilling, coring, testing and casing at its third well in northeastern Alberta’s McMullen region. Trafina Martin Hills located at the 11-28 well was rig-released.
By Joel Scanlon
8 Aug 2011
The Reserve Bank of Australia (RBA) issued a quarterly statement on Friday to the effect that economic growth in the country would be pick up over the next couple of years but would face serious challenge from inflation which is expected to increase to 2-3% by the end of 2013.
By Joel Scanlon
7 Aug 2011
Rare earth miner Lynas Corporation officially opened its Mt Weld mine in Western Australia last week with the Premier of Western Australia Colin Barnett performing the honors. The mine is located 35 km south of Laverton and is a $100 million project.
By Joel Scanlon
7 Aug 2011
The Chief Executive Officer of Ivanhoe Mines, Robert Friedland is extremely pleased with the progress being made at the Oyu Tolgoi mine in Mongolia. The massive gold and copper mine is expected to begin production ahead of schedule and under budget as per Mr Friedland.
Mining giant Rio Tinto has a ‘bumper’ $7.6 billion first half net profit. The record profit is linked to the steadily rising prices of commodities which are being driven by demand from Asian nations.
Full Metal Zinc has announced the ongoing surface exploration and drilling program at the Fortymile copper-lead-silver-zinc project in east-central Alaska.
By Joel Scanlon
6 Aug 2011
High Desert Gold (HDG) has discovered two new excellent gold, silver and base metal mineralization areas, and also a skarn mineralization area at the San Antonio Project in Mexico.
Lundin Petroleum has discovered gas at the Cempulut-1 well in East Malaysia. This well was drilled in Block SB303 of the offshore Sabah.
By Joel Scanlon
6 Aug 2011
Auriga Gold has released a preliminary NI43-101 resource estimate of the previously producing Puffy Lake gold deposit, which is located at the Maverick Gold Project in Manitoba.
By Joel Scanlon
6 Aug 2011
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