Capella Resources has identified a new copper/gold porphyry target on its property in Peru. The airborne magnetic geophysical survey on the El Rojo and Habanero properties located in southern Peru was conducted by Geotech Ltd from Aurora in Ontario.
By Joel Scanlon
23 Jun 2011
Vale of Brazil, the second-largest mining company in the world, sent an iron ore ship heading for China to Italy to supply Ilva instead of going to Dalian in China. The company said that there was no political or technical problem but the re-routing was undertaken to finalize talks on future port deals in China.
Huguette Clark, the copper mining heiress and daughter of ex-US Senator William A Clark, has left her considerable fortune to art.
By Joel Scanlon
23 Jun 2011
Uranium North Resource has begun the drilling program at its Amer Lake project in Nunavut. This drilling program is planned to examine the strike of the Main Zone deposit for further uranium mineralization so as to increase the current 19.3 million pound uranium resource.
By Joel Scanlon
23 Jun 2011
Petrolympic has reached a 3,980 ft target depth (TD) by drilling its appraisal well 80-2v at the Chittim Ranch property.
By Joel Scanlon
23 Jun 2011
Eagle Plains Resources has signed an agreement with Ecomax Energy Services, through which Ecomax can earn a 60% interest in the Acacia property.
By Joel Scanlon
23 Jun 2011
Golden Predator has reported the results of further six core holes from the 2011winter drill program at its Carlos zone in the Grew Creek project, Yukon.
By Joel Scanlon
23 Jun 2011
Ringbolt Ventures has started a drilling program at its Lisbon Valley potash project in Utah.
By Joel Scanlon
23 Jun 2011
Pacific Ridge Exploration has commenced the 4,000 m diamond drilling at the Mariposa gold property, which is situated in the White Gold District of Yukon.
By Joel Scanlon
23 Jun 2011
French Nuclear Energy company Areva has expressed plans to mine for uranium in an area called Koongarra in the Northern Territory of Australia. However the small area has been donated by the traditional owner Jeffrey Lee to the Commonwealth and the Federal Government wants to include it in the world hertitage listed Kakadu National Park.
By Joel Scanlon
22 Jun 2011
Denison Mines Corporation sent the White Canyon Uranium Company a compulsory acquisition notice. Denison Mines already holds 97% of Perth based White Canyon and will acquire the remaining 3% shortly.
Rio Tinto has increased its stake in Ivanhoe to 55.1 million shares making it the owner of 46.5% of the company.
Having discovered a high grade vein system at its Mexican mine Gold Resource Corporation has decided to proceed with the El Rey mine underground exploration program. It will also be advancing its new underground exploration program at the Alta Gracia property. The company made a statement to this effect on Tuesday.
The latest survey on ‘fly in, fly out’ mine workers in Queensland suggests that 75% of the residents feel that the mining industry’s policy negatively impacts the community. Queensland University of Technology's Professor Kerry Carrington conducted the research on the use of non-resident workforces in Bowen Basin mining communities.
By Joel Scanlon
22 Jun 2011
Passport Potash has released the initial results from two core holes, which are intersected at shallow depths of the major potash deposits in the Holbrook evaporite basin.