A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.
Environmental concerns are affecting China's mining activities again. Zijin Mining Group was required to shut down a copper plant in Shanghang in the Fujian province after a team of government investigators found a substantial leakage of waste water on July 3, 2101.
Indophil Resources (ASX:IRN) is looking for potential buyers after Zijin Mining Group Co. decided to terminate a takeover offer relating to the open pit ban in South Cotabato province of the Philippines which impacts its Tampakan Copper-Gold Project.
Peel Exploration Managing Director Rob Tyson is excited about a significant deposit that may be found in the historic May Day mine.
Rio Tinto wants more than to be a side line partner for Ivanhoe Mines in Mongolia. The Canadian miner Ivanhoe was assisted by Rio to end lengthy and complicated 5 year old negotiations under Mongolian mining law for the largest undeveloped copper deposit in the world.
Tasmanian Gold mines are investing more dollars into expanding their exploration activities. The Henty Gold Mine in the north west of Tasmania has 3 exploration licenses covering more than 12 km.
Sichuan Taifeng has received approval to increase its stake in IMX Resources (ASX:IXR). The Chinese company will also invest in a South Australian iron ore, copper and gold mine. The Foreign Investment Review Board has a...
Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.
Heemskirk Consolidated Ltd.(ASX: HSK) has offered North Queensland Metals Ltd. (ASX: NQM) a takeover bid valued at $84 million. An offer which the North Queensland Metals Ltd. is urging its shareholders to accept. This o...
The Essakane gold mine in Burkina Faso has been started up by IamGold Corp. six months prior to the planned date of year end 2010. It is the first greenfield project built by IamGold in Africa.
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