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Xstrata to Expand Operations at Ernest Henry in Queensland

Mining giant Xstrata is hoping to expand its operations at the Ernest Henry mine in Queensland by buying two copper tenements from Exco Resources.

21 Apr 2011

Wayne Swan Says Less Tax Revenue from Mining than Expected

The Australian Treasurer Wayne Swan spoke to the Queensland Media Club and told them that there would be no rivers of gold from the mining industry in the upcoming budget.

21 Apr 2011

Capstone Mining to Acquire Far West Mining and Form JV With Korea Resources

Capstone Mining Corporation (TSX:CS) announced on Sunday that it has decided to acquire the Far West Mining Ltd company.

From Capstone Copper Crop. 20 Apr 2011

International PBX Ventures Updates on Drilling Program at Copaquire Project

International PBX Ventures has updated on the 2011 drilling program at its Copaquire copper-molybdenum project, northern Chile.

20 Apr 2011

GMR Global Mineral Resources Acquires Enterprise Silver Mining Property

GMR Global Mineral Resources has acquired the Enterprise silver mining assets in the Slocan mining region in British Columbia, Canada.

20 Apr 2011

Helio Resources Begins 5,000m Drilling at Damara Gold Project, Namibia

Helio Resource has updated on the exploration at its Damara Gold Project (DGP) in Namibia located 25km-130km east of Navachab gold mine of AngloGold-Ashanti (AGA).

From Winshear Gold Corp 19 Apr 2011

KORES, Capstone to Acquire Canadian Copper Miner

The Korea Resources Corporation also known as KORES has set up a consortium to help it acquire the Far West mining company. The South Korean state run company will be buying the Canadian copper miner, which is based in Vancouver, British Columbia, for approximately US $700 million.

18 Apr 2011