Advanced Explorations (AEI) has finished the initial geotechnical drilling round for the port development study at the Roche Bay iron project in Canada.
By Joel Scanlon
9 Jun 2011
Breitling Oil and Gas has spud the Stepp prospect in Texas in May 2011. The company has planned to drill the Stepp NE well to a depth of around 8600' or to an adequate depth to analyze the Mississippian Chappel reef.
By Joel Scanlon
9 Jun 2011
Africa’s largest copper producing nation, Zambia, has agreed to sell its stake in 2.28% stake in Equinox Minerals for $160 million. This is part of Barrick Gold Corporation’s unconditional approval for taking over Equinox Minerals.
President Obama is being forced to take notice of the mining issues near the Grand Canyon by celebrities. An open letter with signatures of a number of prominent Americans has been printed in the New York Times urging the President to consider the 20 year extension of the mining buffer zone around the Grand Canyon National Park.
By Joel Scanlon
8 Jun 2011
By doubling its fleet of driverless trucks at its iron ore mining operations in the state of Western Australia, Rio Tinto will increase its production to 333 million tonnes annually by the end of 2015. The haul trucks are to be deployed in the largest mine site in the Pilbara region at Yandicoogina.
The Australian Mines and Metals Association (AMMA) after playing a key role in stopping the Rudd government from introducing the Resources Super Profits Tax has decided to set up a fighting fund to finance court challenges against rulings of Fair Work Australia.
By Joel Scanlon
8 Jun 2011
Traditional land owners are dissatisfied with a mining lease agreement with Rio Tinto Alcan in the Northern Territory. Several Aboriginal clan groups have claimed that they had not been consulted about the agreement that was signed between the Yolgnu people and the subsidiary of Rio Tinto.
Galahad Metals has finished the surface IP survey and the phase II diamond-drilling campaign at the Regcourt gold project.
By Joel Scanlon
8 Jun 2011
Sandstorm Gold has received encouraging assay results from the recent six holes at the Aurizona mine, which is owned and controlled by Luna Gold.
By Joel Scanlon
8 Jun 2011
Wolverine Minerals has begun the 2011 exploration program at its Dawson Range Gold Belt properties in central Yukon Territory. It has 17 gold properties in the Dawson Range district.
By Joel Scanlon
8 Jun 2011
NQ Exploration has released the final two drill hole results from the winter exploration campaign at its Carheil project.
By Joel Scanlon
8 Jun 2011
Catalyst Copper has announced the assay results of the additional two holes from the present 20,000 m drilling program at the La Verde copper porphyry project in Mexico.
By Joel Scanlon
8 Jun 2011
Lithium Corporation has begun drilling on its Salt Wells Lithium property in West Central Nevada. The drilling has been subcontracted to the drilling arm of Pediment Gold LLC. The company has already announced its plans to test the area of a large Lithium Brine anomaly by drilling moderate depth drill holes to help located the most economically viable Lithium mineral deposits on the property.
By Joel Scanlon
7 Jun 2011
The mining industry has found another metaphorical gold rush and it’s lying at the bottom of the Pacific Ocean. Environmentalists who are worried about the impact of deep sea mining on marine ecosystems are hoping that the large number of firms looking for ocean floor mining permits is not entertained.
By Joel Scanlon
7 Jun 2011
Vancouver based Wesgold Minerals has acquired an option to buy up to 51% in the Cordoba Property. The Colombian mining property has received an initial 11% investment from Minatura International LLC for a sum of $4 million. The property has prospects for iron, copper and gold mineral deposits. Wegold specializes in acquiring and exploring early stage gold projects.
By Joel Scanlon
7 Jun 2011