Mayor Mike Brunker wants the Queensland government to drop royalties on bauxite to entice international investment. His main aim is to keep the refinery in Queensland to ensure the related jobs don’t suffer.
By Dr. Cameron Chai
5 Jul 2011
GeoGlobal Resources has concluded the terms of the Assignment Agreement, which has been signed with a third party and has acquired the rights and obligations of the assignment of the third party for a current Drill Rig and Associated Services Contract for a drilling rig, which is semi-submersible.
By Joel Scanlon
4 Jul 2011
OGX Petróleo e Gás Participações (OGX) has discovered the existence of hydrocarbons in 1-OGX-47-RJS well’s Santonian section, in Santos Basin’s shallow waters, in the BM-S-59 block. The company has a 100% working interest in this block.
By Joel Scanlon
4 Jul 2011
Breitling Oil and Gas has announced the spudding of the Breitling-Turner #2 in Hardeman County, Texas.
By Joel Scanlon
4 Jul 2011
New Guinea Gold (NGG) has announced that the Kavursuki Hole KUD025 was chosen for multi element analysis to confirm the level of other potentially fiscal metals such as tellurium, silver, copper, bismuth and molybdenum.
By Joel Scanlon
2 Jul 2011
Papuan Precious Metals (PPM) has received the airborne radiometric and magnetic geophysical survey results from the Mt Suckling project.
By Joel Scanlon
2 Jul 2011
Eldorado Gold is establishing the Efemcukuru gold mine in Turkey. The company has the required permits to allow complete mining and processing functions and is presently feeding low-grade ore to the mill.
Estrella Gold has commenced drilling program at its Colpayoc gold project in June. The location of the Colpayoc project is 12 km southwest of the Yanacocha gold mine complex in Peru.
By Joel Scanlon
2 Jul 2011
UnionTown Energy has applied for permits from the Montana Oil & Gas Commission for additional four wells, which will complete the phase I program of the fully permitted 5-spot pilot project at the Teton River property.
By Joel Scanlon
2 Jul 2011
The price of mining truck tyres is now higher than the price of certain new luxury vehicles. The huge demand from China has tripled the price of Caterpillar mining truck tyres. The current price of mining truck tyres could even buy you a condominium in the U.S.
In another setback to the mining tax proposed by the federal government a senate inquiry found that it would affect Australia’s competitiveness and should be cancelled. The Western Australia Liberal senator and committee’s chairman Mathias Cormann summarized the findings on the minerals resource rent tax (MRRT) in Perth.
By Joel Scanlon
30 Jun 2011
The Indian Environment Ministry gave permission for mining in six coal blocks in the state of Orissa. Five of these were in what previously were called ‘no go’ areas by the Central Environment Minister Jairam Ramesh. The coal will be used to work three power plants increasing power generation capacity by nearly 7,000 megawatts.
By Joel Scanlon
30 Jun 2011
Mill City Gold has begun exploration at the Mount Hinton property.
By Joel Scanlon
30 Jun 2011
Skeena Resources has reported assay results of four further holes from its ongoing 5,000 m diamond drilling at the Tropico Project in Mexico.
By Joel Scanlon
30 Jun 2011
Fancamp Exploration will commence the drilling program at the Magpie Mines’ titaniferous magnetite deposit in July, 2011.
By Joel Scanlon
30 Jun 2011