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  • Portage Resources Inks LOI for Wukakuy Properties
    News - 21 Jun 2011
    Portage Resources has signed a letter of intent (LOI) with Albroock Gold Peru and Airon Peru to buy the Wukakuy properties. Portage has fixed a date on or before 31st August, 2011 to acquire the...
  • China Tightens Control of Rare Earths, Prices Double
    News - 20 Jun 2011
    Prices of rare earth elements have doubled over the last two weeks as China begins restrictive mining production and export practices. Since China supplies 95% of the 17 rare earth minerals used in...
  • Comment by MP Don Randall Lands Him in Hot Water
    News - 19 Jun 2011
    A comment by Western Australia Liberal MP has taken the media by storm. When MP Don Randall said that the mining industry was being ‘pussy whipped’ by Julia Gillard he would not have...
  • Velocity Minerals Resumes Geochemical Soil Survey at A-claims in Idaho
    News - 18 Jun 2011
    Velocity Minerals has recommenced a geochemical soil survey at its A-claims in the Orogrande mining district, Idaho. The company has scheduled the 2011 geochemical survey to infill around the...
  • Rare Earth Traders Bullish
    News - 13 Jun 2011
    Rare earth elements have been a hotly traded stock since China said that it was limiting their exports last year. The move led to a number of countries digging in their back yards for whatever rare...
  • Agreement Between CFMEU and Rio Tinto for Pilbara Workers
    News - 12 Jun 2011
    The Construction Forestry Mining and Energy Union (CFMEU) has applauded the breakthrough deal with mining giant Rio Tinto in Western Australia. The collective agreement for iron ore rail workers in...
  • Canamex Resources Begins Exploration at Bruner Project
    News - 31 May 2011
    Canamex Resources has started its 2011 exploration campaign at the Bruner gold-silver project, which is situated in Nye County, Nevada. It has acquired further 21 mining claims at the north part of...
  • Savant Explorations Begins 1,400m Drilling Program at Parbec Project
    News - 30 May 2011
    Savant Explorations has commenced a 1,400 m drilling program at the Globex Mining Enterprises’ Parbec project to examine the continuity and extent of the shallow near surface gold...
  • Brazil's CSN Reports Profit Rise of 38%
    News - 5 May 2011
    State run Brazilian steel maker CSN has announced first quarter profits as Net Income rose by 617.5 million Brazilian reais, a bit short of estimates of 677 million reais profits as expected by...
  • Barrick Gold Acquires Equinox
    News - 26 Apr 2011
    In a bid to diversify and grow Barrick Gold has stepped into the copper market by masterminding a $7.14 billion takeover of Equinox Minerals. In a move that shook up the mining industry the Canadian...

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