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.
SearchGold Resources Inc. (TSX VENTURE:RSG)(FRANKFURT:S1O) has announced that it has entered into an joint venture agreement dated January 28th 2011, with Swala Resources plc on the Gueguere Gold Property located in Burkina Faso, West Africa.
SEMAFO (TSX:SMF) today announced the results of preliminary systematic follow-up drilling carried out on the Fobiri zones, located 14 kilometers southwest of the Mana Mill in Burkina Faso.
Silver Dragon Resources Inc. (OTCBB:SDRG) has announced that it has completed an initial geological report from recently completed exploration work at the Company's Laopandao Silver-Tin-Copper-Lead Polymetallic project in Inner Mongolia, Northern China.
Stellar Pacific Ventures Inc. (TSX VENTURE:SPX) announces first results of the current drilling program on the Monster Lake property in Chibougamau mining camp Quebec.