MetalCorp Limited (TSX VENTURE:MTC) has announced that it will commence drilling on its 100% owned Pickle Lake property in late February.
Scorpio Gold Corporation (TSX VENTURE:SGN) announces that it has commenced its 2011 drilling program on the Mineral Ridge gold project in Nevada.
Estrella Gold Corporation (TSX VENTURE:EST) has announced drilling results from the Colpayoc gold project, 12 km southwest of the Yanacocha gold mine in northern Peru.
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) announces the completion of the first four drill holes on the Eastern Extension property in 2011.
Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) reports that it will begin a 2-rig, 20,000 m drilling programme at its Akasaba gold-silver project near Val d'Or, Quebec, in mid-February.
Cougar Energy is trying to get the Queensland Government to reconsider the shutdown of its underground coal gasification site in Kingaroy.
By Dr. Cameron Chai
2 Feb 2011
Owing to a shut down of the uranium processing plant at its Ranger mine the Energy Resources Australia shares dropped and global prices for the mineral jumped up.
The Baffinland Iron Ore company has a set of new owners and several new faces on its board of directors. The company which was recently taken over by ArcelorMittal and Nunavut Iron Ore has seen five of its old board member resign. The board has also been increased in size from 9 to 11 members.
China's Zijin Mining Group has been fined $4.6 million approximately for the toxic spill from its mine in the Fujian province last July.
By Dr. Cameron Chai
2 Feb 2011
Colombia lost five mine workers as a result of a gas explosion in a mine in the central province of Cundinamarca. A sixth miner was injured in the blast which came shortly after the Colombian government promised to look over safety measures to prevent such tragedies which have become the norm of late in the country.
By Joel Scanlon
2 Feb 2011
Xstrata plans to be the first company in Queensland to export magnetite concentrate. The product which is used in steel making will be processed in the brand new magnetite base plant at Xstrata’s Ernest Henry mine located near Cloncurry.
By Joel Scanlon
2 Feb 2011
Roca Mines Inc. (TSX-V: ROK) announces that a review meeting was held on January 31, 2011 with British Columbia's Chief Inspector of Mines and staff/consultants from the mines inspection branch to discuss development and operating plans for the MAX Molybdenum Mine.
Brazilian Gold Corporation (TSX VENTURE:BGC) has announced they have signed an option agreement through their wholly owned subsidiary, Regent Brazil Holdings Ltd., to acquire 100% of the Santa Julia gold project located approximately 43 kilometres north of the town of Novo Progresso, which is situated along the Santarem – Cuiabá (BR-163) highway in Pará state, northern Brazil.
Far West Mining Ltd. (TSX:FWM) has announced that metallurgical test work in progress at SGS Lakefield is returning excellent results.
Santa Fe Gold Corporation (OTCBB: SFEG) announced it has loaned S$200,000 to Columbus Silver Corporation (TSXV: CSC) in connection with the Memorandum of Understanding dated September 24, 2010, under which the two companies set out agreed terms for completing a business combination.