INV Metals has announced an update on exploration at the Rio Novo property in the Carajás County, Brazil and the Itaporã property in the Pará state, Brazil.
By Joel Scanlon
30 Apr 2011
Goldeye Explorations has begun a 2,500 to 3,000 metre diamond drill program on April 27, 2011 at its Shining Tree project in northeastern Ontario.
By Joel Scanlon
30 Apr 2011
Ethiopian Potash is constructing a field camp and the camp is getting ready to take delivery of the drill crews by the month end and the company expects to begin the 15,000 meter drilling campaign in early May.
By Joel Scanlon
30 Apr 2011
First American Silver has signed a Definitive Lease Agreement with Anthony A. Longo and Pyramid Lake to acquire the Mount Jackson property.
By Joel Scanlon
30 Apr 2011
Frontier Mining announced that it was restarting the mining and crushing operations at the Koskuduk mine. The gold mining operations at Koskuduk had been shut down in November 2010 for the winter season. The mine was scheduled for a May opening but with good weather having played a major role the mine is being restarted a week earlier.
BHP Billiton boss Marius Kloppers feels that the Chief Executive Officers of China’s state owned companies had unrealistic expectation of how quickly you can commission projects in Australia. He added that the failure of mining investments has made the global prices for commodities stay at record levels.
The Queensland Government has come under criticism by a state MP for agreeing to have health care financed by the mining industry. The Queensland Gas company is going to fund the construction of a new satellite renal unit at Gladstone hospital and upgrades to the operating theatre, as announced by Premier Anna Bligh.
By Joel Scanlon
28 Apr 2011
In the Indian state of Orissa a crackdown on illegal mining may see mining exploration activities being reduced by the state government. The mining scandals which have embarrassed the Naveen Patnaik government have resulted in an online database of mine operations in the state. This is to help check illegal mining and transportation of mineral resources.
By Joel Scanlon
28 Apr 2011
In the west African nation of Guinea mining giant Rio Tinto has signed an agreement with the government to construct a new mining port. The agreement was signed by its subsidiary Simfer S.A. According to the deal the company will pay the government US$700 million and gain mining concessions in the country.
By Joel Scanlon
28 Apr 2011
Bayfield Ventures has expanded its Rainy River drilling by a further 50,000 metres at Rainy River properties in north-western Ontario.
By Joel Scanlon
28 Apr 2011
Ranger Gold has completed the preliminary mapping and sampling program at the Truman Project, which is situated in Mineral County, Nevada.
By Joel Scanlon
28 Apr 2011
Merrex Gold has started the 2011 diamond drill program at the Siribaya gold project, West Mali.
Lincoln Mining has planned to commence 5,000 meter drill program at its La Bufa property in Chihuahua State, Mexico in early June.
The farmers in Kingaroy barely had time to celebrate the end of Cougar Energy’s underground coal gasification attempt when they found out that the Queensland government had given its approval for exploration permits to Volcanic Holdings to look for volcanic bauxite.
By Joel Scanlon
27 Apr 2011
Sentula Mining and Shanduka Resources have decided to merge and form a strong mid-tier coal producing and mining services company. An announcement to this effect was made last week. 627 million new Sentula Mining ordinary shares shall be allotted to Sanduka Resources.