Dr. Cameron Chai

Articles from Cameron

Eldorado Gold Restarts Construction at Eastern Dragon

Eldorado Gold has restarted construction activities at the Eastern Dragon mine in China. The engineering is almost complete and procurement is 95 % done as per a company press release.

8 Dec 2010

Ocampo Gold Production on Track for Gammon Gold

Gammon Gold (TSX:GAM) hopes to meet its production forecast for the current year at its Ocampo mine in northern Mexico. The company had forecast a production of 180,000 to 200,000 gold equivalent ounces for the mine in 2010.

8 Dec 2010

Sidon International Starts Tanzania Drill Program

Canadian company Sidon International Resources Corp has begun drilling for gold at its Tanzanian mine. The Morogoro East Gold property is located in east central Tanzania. With the commencment of drilling activity at the project the shares of the company have risen to a four year high.

8 Dec 2010

New Gold Mine for South Australia

Havilah Resources (ASX:HAV) is going to set up a gold mine in South Australia. Located in the far north east of the state, the Portia gold project in the Curnomona region will see development work start in the coming year.

7 Dec 2010

Queensland Coal Mines Affected by Heavy Rains

Mines in Queensland, Australia are being affected by flooding caused by heavy rain over the east coast of Australia. With ten years of drought the mining companies had not planned for water management in case of floods. Now the coal mines in the region are flooded and looking more like dams.

7 Dec 2010

Fly in Fly Out Work Brings Violence to Local Communities

There seems to be a higher degree of violence in areas where miners work on a ‘fly in and fly’ out basis in Australia. As per research conducted in Queensland and Western Australia there are more cases of violent assaults in the mining community here than in other states.

7 Dec 2010

New Chinese Deals for Rio Tinto

Rio Tinto is all set to embark on a new Chinese joint venture and expand an existing one in place with Sinosteel. The Sinosteel deal involves extending the existing Channar iron ore joint venture in Australia. The expansion will help produce an extra 50 million tonnes of iron ore.

6 Dec 2010

Ancient Relics Halt Construction at Giant Afgan Copper Mine

The past can truly cast a shadow over the present. This seems to ring even more true at an archaeological site in Afghanistan. The Afghan Mining Minister said that the Aynak copper mine has been delayed thanks to the preservation activities of archaeologists.

6 Dec 2010

Iran Produces Domestic 'Yellowcake'

Iran is continuing with its nuclear program despite stiff opposition from the west. The country announced on Sunday that it had used domestically mined uranium to make material for its uranium enrichment for the first time.

6 Dec 2010

Rio Tinto Looks to Acquire Riversdale Mining

Rio Tinto is about to make a bid for Riversdale Mining at $15 per share. This would be a $3.5 billion takeover bid made by the British company. There is a likelihood of the move attracting a counter bid from the Brazilian mining giant Vale.

6 Dec 2010