Xstrata Copper and Red Metal have entered into an exploration agreement with each other for a copper, gold and silver project.
As the world watched with bated breath how nuclear reactors leaked radiation in Japan, a more pressing problem is also developing in the island nation. The power and electrical generation capacity of the country is going to be severely challenged. This could translate into good news for the mining sector in Australia.
By Joel Scanlon
23 Mar 2011
As part of the detailed inquiry into the Pike River explosion that killed 29 miners in New Zealand the royal commission will also study the safety systems in place at the mine. The preliminary hearing of the inquiry into the disaster will open on April 5th, 2011 in Greymouth.
The Rio Tinto Group is trying to set up a joint venture with Russian state owned diamond mining company Alrosa. The Australian listed mining giant seems keen on developing the large deposit near the north port of Archangel under the partnership. The deposit is estimated to have 128 million carats and is an attractive opportunity.
Hemisphere Energy signs a $1.1 million worth purchase agreement for an oil producing property in the Jenner area of southeastern Alberta.
Sandspring Resources has updated the new gold and copper drilling results of Toroparu gold-copper deposit in the Republic of Guyana, South America.
By Joel Scanlon
23 Mar 2011
Lions Gate Metals has announced the result of the second drill hole, 11-PC-85 at the Poplar Project, which is 35km from Huckleberry Mine owned by Imperial Metals.
By Joel Scanlon
23 Mar 2011
Dune Energy has set a casing at 13,062 feet on its SL 214 #916 well at Garden Island Bay Field, Plaquemines Parish, Louisiana. A total depth of 13,078 feet has drilled and a five -inch casing to the well to a depth of 13,062 feet.
By Joel Scanlon
23 Mar 2011
Explortex Energy is a Texas-based independent oil and gas exploration company with North American operations. It has completed the farm-in agreement with Borderline Operating for the Bryson Project, in which Explortex owns 80% working interest in a 75% Net profit lease over 300 acres in Jack County.
By Joel Scanlon
23 Mar 2011
Typhoon Exploration has added a fourth drill at the Fayolle Project, along Aurizon Mines.
By Joel Scanlon
23 Mar 2011
CanAlaska Uranium has begun diamond drilling at the main Fond Du Lac ("FDL") project. The new target discovered during the current reverse circulation (RC) drilling will be analyzed in this drilling phase.
Cartier Resources starts a diamond drill program on Dollier property, south of the town of Chibougamau in north western Quebec.
By Joel Scanlon
23 Mar 2011
ECU Silver Mining has identified a new high-grade mineralization in Terneras West Mine during the development along the vein structure. The Terneras West Mine is situated on Velardena Property.
By Joel Scanlon
23 Mar 2011
AM Gold has announced plans for the 2011 Spring-Summer exploration program at Red Mountain gold property. Kluane Drilling of Whitehorse, Yukon Territory signs a contract to perform the 6000m diamond drilling at AM Gold’s Red Mountain.
By Joel Scanlon
22 Mar 2011
MAX Resource has recommenced core drilling at its Table Top gold project in Humboldt County, Nevada. Table Top is situated immediately to the south of the Sandman gold project, one of the Nevada properties and 10 miles west of the town of Winnemucca.