Mr. George Salamis, President and CEO of Edgewater Exploration Ltd. (TSX VENTURE:EDW)(OTCQX:EDWZF) has provided an update on the drilling program, results received to date and the on-going activities for the Company's 100% owned Corcoesto Gold Project in Galicia, Spain.
Cortez Gold Corp. (TSX VENTURE:CUT) has provided an update on its Petlacala Gold-Silver Project in Mexico.
Columbus Gold Corporation (TSX VENTURE:CGT) has announced assay results from the first five drill holes completed at its Weepah gold project, Nevada.
Chevron Corporation is gearing up to quit coal mining. The petroleum giant is actively looking for a buyer for its open pit mine located out of Kemmerer in western Wyoming.
By Joel Scanlon
31 Jan 2011
Germany is looking forward to a bilateral raw material exchange with resource rich nation Kazakhstan. Chancellor Angela Merkel said that the idea of bilateral raw material partnerships was important for German companies to be able to access unlimited raw materials.
By Joel Scanlon
31 Jan 2011
POSCO, The Pohang Iron and Steel Company, (KRX: 005490) (NYSE: PKX) (TYO: 5412 ) (LSE: PIDD), based in Pohang, South Korea, is taking on African partners to help push forth its development of natural resources in the region.
By Joel Scanlon
31 Jan 2011
Radar Iron Ltd (ASX: RAD) listed on the Australian Securities Exchange six weeks ago and it is already looking at a 5.3 billion tonne magnetite prospect.
By Joel Scanlon
31 Jan 2011
Drilling has begun at the Myall Creek project owned by Strategic Energy Resources on 29 January 2011. The poor weather had been the cause of delay of the drilling for some months now. Three drill holes will be dug in the week long program and the results would be in by the end of the first quarter.
The Public Eye Award in Davos named and shamed AngloGold Ashanti as the recipient of the environmental and social irresponsibility award. On the sidelines of the World Economic Forum campaigners claimed that the firm contaminates land and people with its gold mining in Ghana.
By Joel Scanlon
31 Jan 2011
Two large scale protests in Hunter Valley held last year will see almost 80 climate change activists in court. The Port Waratah Coal Services (PWCS) terminal in the Port of Newcastle was the scene of protests with people climbing onto the machinery and shutting down the coal loading facility for several hours.
By Dr. Cameron Chai
31 Jan 2011
Wahidullah Shahrani, the Minister of Mines for Afghanistan, said that geologists have found mineral deposits worth $3 trillion in the country. These untapped mineral deposits have the potential to drive the economic growth of the nation and also solve its unemployment problem.
By Dr. Cameron Chai
31 Jan 2011
Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) has announced that further to the news release dated April 23, 2010 announcing entry into a definitive agreement and subsequent to receipt of approval from the TSX Venture Exchange on January 11, 2011, it closed the merger and plan of reorganization today, effectively acquiring Silver Mountain Mines Corp., a Nevada corporation.
AFRICAN QUEEN MINES LTD. has announced that it has now received from Genalysis Laboratories of Johannesburg, S.A. analytical results from the remaining 16 drill holes from its initial reconnaissance core drilling program at The King Solomon Project, located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique.
Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), announced today that $30 million of development capital has been approved for the Kulthor/Osborne development on the company's Cloncurry district tenements in Queensland.
Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today reports the first batch of assay results from its recently started Phase-3, 10,000 meter drilling programme, at its 100%-owned San Jose Property in Zacatecas State, Mexico.