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
A mining company based in Canada, SEMAFO has shared the objectives of the exploration program for 2011 with regards to the current delineation drilling project at Mana's Fofina area.
By Joel Scanlon
20 Jul 2011
A mineral exploration company based in Canada, Telferscot Resources has completed the acquisition process of 1830953 Ontario and has gained the right to its exploration projects located in Democratic Republic of Congo’s Kolwezi district.
By Joel Scanlon
20 Jul 2011
Rare Earth Metals has received a preliminary mineralogy report compiled by Dr Anthony Mariano and Anthony Mariano Jr, which details the Rare Earth Element (REE) mineralogy in the core recently drilled from SL-11-03 hole, the Lavergne-Springer Project.
By Joel Scanlon
20 Jul 2011
An international oil and gas exploration company, Kulczyk Oil Ventures has announced that the North Eastern Ukraine- based O-14 exploratory well located in Olgovskoye Field has been cased after having encountered 8 potential gas bearing reservoirs.
By Joel Scanlon
20 Jul 2011
Great panther Silver has acquired four mining concessions in Mexico spread across 1,514 ha.
By Joel Scanlon
20 Jul 2011
Starcore International Mines has proclaimed the drilling results from the western side of the 29 area mantos located at the San Martin mine in Queretaro, Mexico.
By Joel Scanlon
20 Jul 2011
Golden Touch Resources has reported that the assay results have defined additional gold mineralization in the recently drilled holes at the Gjazuj Area in the Rubik Gold Project, Albania.
By Joel Scanlon
20 Jul 2011
Riverstone Resources has announced further results from the current diamond drilling program at the Kao zone.
By Joel Scanlon
20 Jul 2011