Candente Gold Corp. (TSX:CDG)(PINK SHEETS:CGDXF)(BVLAC:CDG) has announced that drilling has intersected a new zone of gold mineralization with bulk tonnage potential located 200 metres lateral to and above the historically mined San Rafael vein on the El Oro Project, Mexico.
Canaco Resources Inc. (TSX VENTURE:CAN) has reported that reverse circulation drilling has commenced on its 100%-owned Kilindi licence on the Handeni project in Tanzania.
Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) has reported results from the remaining unreported holes drilled in 2010 at the Company's 100% owned Elk gold project in southern BC.
AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) has announced additional drill results from a 20 hole drilling program at the Peninsula Gold target in the Upper Peninsula of Michigan.
Adex Mining Inc. (TSX VENTURE:ADE) has announced the completion of its 2010 diamond drilling program on the tin-indium-zinc North Zone at the Mount Pleasant Mine Property in southwestern New Brunswick, Canada and the return of preliminary analytical results.
Philex Mining Corp the biggest gold producer in the Philippines said in a disclosure to the Philippine Stock Exchange that the estimated value of the output of its Padcal Mine had risen by 80% for the month of January as compared to January 2010.
By Dr. Cameron Chai
8 Feb 2011
Western Plains Resources has given a $285 million mining contract for the Peculiar Knob high grade iron ore project in South Australia to MACA Ltd. The mine is located 90 km south east of Coober Pedy, a town known as the opal capital of the world.
By Joel Scanlon
8 Feb 2011
MRC Allied Inc has entered into a mining operations agreement with Pensons Mining Corp for the exploration and development of the 8,475 hectare Paquibato Mines.
By Joel Scanlon
8 Feb 2011
A renewed license for Marathon Resources (ASX:MTN) to explore for uranium resources in the Arkaroola Wilderness Sanctuary has the Wilderness Society and South Australian Liberal Senator Nick Minchin up in arms.
By Joel Scanlon
8 Feb 2011
Tshipi e Ntle Manganese Mining (Pty) Ltd. board of directors has decided to allocate $200 million for the construction of the Tshipi Borwa manganese mine located near Hotazel in the Northern Cape region.
By Dr. Cameron Chai
8 Feb 2011
The Mining Resources Department in South Africa is making sweeping changes to the mining application system. Henceforth new mining applications will be accepted online.
By Joel Scanlon
8 Feb 2011
Crystallex International Corp lost a major gold project in Venezuela and as a result 39% of market capitalisation in the same day. The Toronto based company is a junior miner listed on the Toronto Stock Exchange. The shares fell 9 cents to 14 cents after 8.5 million shares were traded.
Sterlite Industries (India) Limited today announces the completion of the acquisition of a 74% interest in Black Mountain Mining Pty Ltd in South Africa from Anglo Operations Limited, a member of the Anglo American plc Group, for a share value of $260 million.
ECU Silver Mining Inc. (TSX:ECU) has announced some of the results from its current development work, where the Company has again recorded significantly higher grades from active stopes compared to the mineral resource grades calculated for the Company's NI 43-101 resource report, in the same corresponding area.
Golden Goliath Resources Ltd. (TSX VENTURE:GNG)(PINK SHEETS:GGTH-F) Drill Hole F-4-10 drilled a high grade zone of 412 g/t silver, and 1.14 g/t gold over 0.85m overlain by a wider zone of 0.34 g/t gold, and 52 g/t silver over 22.5m. F-4-10 ended in mineralization.