AQUILA RESOURCES INC. (TSX:AQA) (FRANKFURT:JM4A) has announced the first drill results from the first 13 holes of a 20 hole drilling program at its 100% owned Michigan Gold Project targeting precious metal mineralization in the Marquette Greenstone Belt in the Upper Peninsula of Michigan, which comprises a number of properties in the Marquette Greenstone Belt.
Thiess Mining, a subsidiary of Leighton Holdings, hopes to extend operations at a Bowen Basin mine thanks to the $1.3 billion contract granted to it by Peabody Energy.
By Joel Scanlon
19 Jan 2011
The multinational mining giant Rio Tinto has seen record iron ore production in the last quarter of 2010. There was a 6% increase in the quarterly production in the final quarter of the year despite the troubles with Iron Ore Company of Canada.
Production in South Africa's mining sector has risen 9.6% in November on a yearly comparison. In October it had been revised to a 6.5% rise as per available statistics. This is indeed good news as the mining production was showing a negative annual growth rate at the end of May of -7.7%.
By Joel Scanlon
19 Jan 2011
The Environment Protection Agency under the Obama Government has cancelled the mining permit for a coal mine in Logan County.
By Dr. Cameron Chai
19 Jan 2011
The drastic action taken by the Environment Protection Agency (EPA) in West Virginia by cancelling a permit for a mine in Logan County has seen legal proceedings being filed in court.
By Joel Scanlon
19 Jan 2011
Moly Mines shares dropped sharply as it announced that its 55% Chinese shareholder, Hanlong Mining Investment, has stalled the financing for its flagship project.
African Barrick Gold has been unable to meet its 2010 output target but its new Buzwagi mine has overcome production difficulties in mid November last year. Its fourth quarter earnings however were mixed as the company managed to produce 79,730 ounces of gold in the final quarter.
Colt Resources Inc. has announced that SRK Consulting (U.S.) Inc. (SRK) has been contracted to design and implement a comprehensive work program to advance Colt's gold and tungsten properties located in Portugal.
Bison Gold Resources Inc. (TSX VENTURE:BGE) has received the initial results from a reconnaissance soil geochemical survey over a portion of the "Pex" Claim Group, which forms part of the much larger Apex Property in the Snow Lake region of Manitoba.
Comstock Mining Inc. (OTC Bulletin Board: LODE) announced today the results of the successful first phase of its drilling program.
Empire Mining Corporation (TSX VENTURE:EPC) has announced drilling results for the first hole completed on the Demirtepe target at its Bursa project located in Turkey.
First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) (OTCQX:FGEXF) has reported the assay results from channel sampling on the new showings discovered last October.
Focus Ventures Ltd. (TSX-V: FCV.V) has announced that it has staked a large property package prospective for phosphates near the towns of Tarma and La Oroya in central Peru, roughly 200km east of Lima.
Fronteer Gold Inc. (TSX:FRG) (NYSE Amex:FRG) announces that its recent round of step-out drilling at Long Canyon has continued to return wide intervals of high-grade oxide gold from new areas, demonstrating the ongoing strength and significant growth potential of this new Nevada gold district.