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NQ Exploration Reports Further Drilling Results from Carheil Project

NQ Exploration has announced additional results from the summer drilling at its Carheil project. It has cut the Ag1 zone to 295 m of vertical depth through the fourth drill hole CA2011-021 and validated the mineralized zone potential.

23 Sep 2011

Castle Resources Reports Encouraging Results from Granduc Copper Project

Castle Resources has reported the encouraging results of third set of drill cores from the current 35,000 m surface exploration that was conducted at the Granduc copper project, B.C.

22 Sep 2011

Discovery Ventures, Major Drilling Group International Ink Contract for La Sarita Project

Discovery Ventures and Major Drilling Group International have inked a drilling contract. The diamond drill program will be started at the La Sarita Project this week.

21 Sep 2011

Stillwater Mining Company Announces Offering of Senior Notes for Peregrine Metals Acquisition

Stillwater Mining is planning to offer $300 million in senior notes to private investors to help fund its acquisition of Peregrine Metals. The offering is non-conditional on the completion of the acquisition of Peregrine Metals.

20 Sep 2011

Amseco Exploration Announces Rock Sampling Assays from James Bay Properties

Amseco Exploration has reported the rock sampling assay results from the James Bay properties. The company has encountered below 30.72 g/t gold, < 6.14% copper, < 260 g/t silver, < 8.86% lead and < 3.12% zinc at the Yasinski property, which is situated 70 km to the south of the town of Radisson and < 11.7 g/t gold at Chika.

20 Sep 2011

Beaufield Resources Reports Seven Last Drill Hole Results from Tortigny Deposit

Beaufield Resources has released the results of the final seven drill holes, 1,632 m in total, from the Tortigny deposit in its Troilus property, Québec. It commenced drilling at the deposit in 2010 November and completed it in 2011 June.

19 Sep 2011

Strike Action Stops Work at Freeport-McMoRan West Papua Mine

Freeport-McMoRan Copper & Gold Inc. is experiencing a suspension of mining at the Grasberg mine in West Papua, Indonesia as workers commence a strike that could last over a month as per a labor union spokesman, Juli Parrorongan.

18 Sep 2011

Anvil Mining Says No Takeover Talks

Anvil Mining Ltd said that it was not in talks with any other company, Chinese or otherwise, for an exclusive takeover. The company issued the formal statement to dispel the various rumours doing the rounds to this effect after the Australian Financial Review published a story stating this.

18 Sep 2011

Quebec Sees Jump in Mining Revenue

Quebec mining royalties reached a record high of $304 million last year. The Quebec Treasury had expected only about $133 million from the mining royalties in the budget last March. The amount is also higher than the $289 million collected over the last 10 years.

18 Sep 2011