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
Uranium North Resource is planning for the 2011 drilling and exploration programs at Robin, Nowyak and F13 projects in Nunavut.
By Joel Scanlon
30 Jun 2011
ASHBURTON Ventures has announced that exploration of the property at its Deep Creek Project situated 112 km north side of Elko, Nevada continues extensively and 1,765 m of drilling in the Upper Vein area is completed.
By Joel Scanlon
30 Jun 2011
Torch River Resources has formed a camp and is starting its program intended for up to 1,700 m of drilling and 7 holes at its 1,836.2-ha Fort-Elden property situated 100 km west of Fort St James, British Columbia.
By Joel Scanlon
30 Jun 2011
Tintina Resources has announced the assay results of additional 11 drill holes from the drilling program at its Sheep Creek Copper-Cobalt-Silver property in Central Montana, USA.
By Joel Scanlon
30 Jun 2011
Castillian Resources has engaged Quantec Geoscience to perform a Titan 24 survey at its Hope Brook gold property in Newfoundland.
By Joel Scanlon
30 Jun 2011
Magellan Minerals has announced the addition of a third diamond drill rig to the Coringa project in Brazil and has identified Filao da Porteira, a new mineralized zone, which is situated around 5 km south-east of the Meio zone.
By Joel Scanlon
30 Jun 2011