Victory Energy collaborating with Aurora Energy Partners has acquired a working interest in the University 6 #1 Tunis Creek property. This is fourth prospect or well interest for the company and purchased in less than 60 days.
By Joel Scanlon
20 Apr 2011
Crocodile Gold has encountered high-grade gold intersections continuously from the infill drilling program, which ends between the Prospect and Crosscourse notable open pits in the project area of Union Reef.
By Joel Scanlon
20 Apr 2011
Legend Gold has reported the first reverse circulation (RC) drilling results from Tiekoumala South.
By Joel Scanlon
20 Apr 2011
Homeland Resources is now conducting a large-scale three-dimensional seismic program at Liberty Ridge project in southern Oklahoma and has almost completed 50% of the program.
By Joel Scanlon
19 Apr 2011
IAMGOLD has signed an agreement to sell its 18.9% interest in Tarkwa and Damang gold mines in Ghana, West Africa, to Gold Fields for $667 million.
Calibre Mining has reported the first hole results of the 2011 drill program from its Riscos de Oro property.
Helio Resource has updated on the exploration at its Damara Gold Project (DGP) in Namibia located 25km-130km east of Navachab gold mine of AngloGold-Ashanti (AGA).
Nuinsco Resources has intersected 0.957% niobium (Nb2O5) and 8.68% phosphorous (P2O5) grading 0.118% Nb2O5 and 3.41% P2O5 over 246m through diamond drilling at the Prairie Lake rare metals project in Northern Ontario.
International Northair Mines has updated on its current Phase II drill program, which is in progress at the La Cigarra silver project, north central Mexico.
By Joel Scanlon
19 Apr 2011
The Grand Canyon is at risk from a 1872 mining law. The ancient law signed by President Ulysses S. Grant, allows mining companies to take without paying a royalty around $1 billion worth of gold and other metals from pub...
By Joel Scanlon
18 Apr 2011
Wagners, an Australian mining services company, is hoping to grow with an initial public offering next year although no firm decision about this action has been taken as yet.
By Joel Scanlon
18 Apr 2011
Nevada Mining Association President Tim Crowley wrote a letter to the state tax director Chris Nielsen saying that mines operating in the state have routinely claimed illegal tax deductions. The state laws allow for deduction of any expense that is related to the removal of gold ore and processing it into a marketable product.
By Joel Scanlon
18 Apr 2011
The Lucky Friday mine outside Mullan is the scene of a rescue attempt to save the life of a 53 year old man who was trapped in the mine in Northeast Idaho as he was underground. The miner has been trapped inside the mine...
By Joel Scanlon
18 Apr 2011
The Korea Resources Corporation also known as KORES has set up a consortium to help it acquire the Far West mining company. The South Korean state run company will be buying the Canadian copper miner, which is based in Vancouver, British Columbia, for approximately US $700 million.
By Joel Scanlon
18 Apr 2011
OGX Petróleo e Gás Participações, the Brazilian Oil and Natural gas Exploration Company, has identified the occurrence of hydrocarbons in the Albian segment of the 1-OGX-33-RJS well that is situated in the BM-C-41 block, in the shallow waters of the Campos Basin.
By Joel Scanlon
18 Apr 2011