The mining industry in New South Wales is feeling threatened by the new planning laws being put into effect by the state government. The State Government’s Planning Act may prove detrimental to the mining industry as per New South Wales Minerals Council that says the changes would lead to mining companies moving out of the state.
By Joel Scanlon
6 Apr 2011
Athabasca Uranium has signed an agreement with an arm's-length vendor, through which it has an alternative to earn total interest in the Hodges Lake property in northeast Saskatchewan.
By Joel Scanlon
6 Apr 2011
The Canadian division of Finning International is chosen as the mining equipment supplier by Thompson Creek Metals for their Mt. Milligan project.
By Joel Scanlon
6 Apr 2011
Crosshair Exploration & Mining has announced facts of the 2011 exploration program at Juniper Ridge Property in southwest Wyoming.
By Joel Scanlon
6 Apr 2011
Galantas Gold has prepared arrangements to raise the total number of Core Drilling Rigs to four at Omagh property in Northern Ireland.
By Joel Scanlon
6 Apr 2011
Ringbolt Ventures is holding 70% share in Potash Green Utah and will apply for drilling permits to drill additional six holes on the Lisbon Valley potash project in Utah.
By Joel Scanlon
6 Apr 2011
Redhill Resources has signed the mineral claim purchase agreement with Blair Naughty to buy 100% interest in the Morgan mineral claims, which is situated in the Wicheeda carbonatite belt in Central British Columbia.
By Joel Scanlon
6 Apr 2011
VIPR Industries has signed a contract and officially hired JICL Consulting of Tanzania to commence diamond drilling at Msangachuki-Londoni, Singida Gold prospect in Tanzania.
By Joel Scanlon
6 Apr 2011
Xtierra has discovered a new high-grade silver zone at its Bilbao project in central Zacatecas, Mexico.
By Joel Scanlon
6 Apr 2011
Yorbeau Resources has completed the first two drill holes of 10,000 m drilling at the Augmitto sector of its Rouyn property in Quebec.
By Joel Scanlon
6 Apr 2011
Tombstone is a company engaged in exploration and development of mineral resources It has the mineral rights to the historical land in the Tombstone areas, Arizona. Also, the company has mineral rights to 1,000 acres in Eagleville property in Nevada.
By Joel Scanlon
6 Apr 2011
The strike at San Cristobal the largest silver mine in Bolivia ended on Monday. The mine is located in the Potosi mineral rich area in south western Bolivia. The mine is run by the Sumitomo Corporation.
By Joel Scanlon
5 Apr 2011
Kinross Gold Corporation hopes to buy a 25% stake in the Chukotka Mining and Geological Company for $350 million. This will give it full ownership of the Russian mining company and accord it full control of the Kupol gold mine in east Russia. The stake is currently owned by the Chukotka Autonomous Okrug.
By Joel Scanlon
5 Apr 2011
Mount Gibson Iron Ltd has ended its agreement with Shougang Concord International Enterprises. The agreement included the sale of 80% of its mine production to the Chinese steel manufacturing company from the Extension Hill mine. The company did not give any specific reason for the termination of the agreement.
Abra Mining Ltd shares rose by more than 20% after the company recommended the takeover offer of Hunan Nonferrous Metals Corporation. The Chinese company currently is a majority stockholder of Abra Mining holding 74% shares of the company.
By Joel Scanlon
5 Apr 2011