Riversdale Mining is still a prime target for Rio Tinto and the global mining giant is working steadily to seal the deal. It raised its offer of $16 a share to $16.50 a share last week and managed to increase the value of the Africa focused mining company to $4 billion.
In south east Nebraska Quantum Rare Earth Developments have found a sizable deposit of niobium. A new geology report has confirmed the deposit but further exploration will be required to see if it is viable for a mine to be built in the region near Elk Creek.
By Joel Scanlon
16 Mar 2011
Forte Energy NL (Forte Energy), an international uranium company reports Reverse Circulation (RC) drilling results from additional 17 holes at A238 uranium prospect in northern Mauritania.
By Joel Scanlon
16 Mar 2011
GeoGlobal Resources executes the International Operating Agreement connecting to the offshore Israel license known as 388 "Samuel".
By Joel Scanlon
16 Mar 2011
Banks Island Gold signs an option agreement with Selkirk Metals, a subsidiary of Imperial Metals to receive 100% interest in the "Banks Island Mineral Property".
By Joel Scanlon
16 Mar 2011
Decade Resources has received the final drilling results for the additional 24 holes from the Red Cliff project in Northwestern British Columbia.
Southern Silver Exploration commences the primary 3,000 meter diamond drill program at Cerro Las Minitas project in Durango State, Mexico.
Chinese entrepreneurs seem to be illegally mining gold in Ghana. The African nation's laws say that foreign companies are allowed to work on large open pit operations only. However some Chinese gold prospector seem to be illegally controlling small scale mining operations from behind the scenes using a local intermediary.
By Joel Scanlon
15 Mar 2011
Under charges of not regulating coal mining from the opposition party in the Indian state of Meghalaya, the state Mining Minister BM Lanong said that the Government did not intend to disturb the traditional mining methods of the tribes in the area.
By Joel Scanlon
15 Mar 2011
A breakthrough technology from the University of Queensland may help to grow vegetation at sites of mining operations where the heavy metal contamination does not allow normal plants to grow. The project is being supported financially by Xstrata Technology.
By Joel Scanlon
15 Mar 2011
Vena Resources has announced the preliminary results of the third major drilling at the Macusani properties of Minergia., jointly owned by Vena and Cameco.
By Joel Scanlon
15 Mar 2011
MBAC Fertilizer has released positive drilling results from at the Santana exploration project in southern Pará State, Brazil.
By Joel Scanlon
15 Mar 2011
Galaxy Resources has been forced to call off its listing on the Hong Kong Stock Exchange due to the unfavourable market conditions. The shares of the lithium mining have since fallen to $1.14, Tuesday midday (AEST). The Australian listed company was hoping for a dual listing in Hong Kong this quarter.
Queensland Gas Company workers may have to face a human blockade if they try to build a gas pipeline at Tara. Carrying placards and banners that say – "Don't gas Tara".
By Joel Scanlon
14 Mar 2011
Solid Energy is the state owned mining company that may buy the Pike River coal mine. The mine, at which 29 bodies of men trapped after an explosion in November 2010 are yet to be recovered, has been in receivership with Pricewaterhouse Coopers.
By Joel Scanlon
14 Mar 2011