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Anvil Mining Ready to Accept Minmetals Resources‎ Bid

Anvil Mining is ready to accept the Minmetals Resources bid. The copper mining company has managed to reach an agreement with the two key stakeholders in the Democratic Republic of Congo (DRC) for the Canadian $8 per share offer that Minmetals Resources made.

13 Feb 2012

IBC Advanced Alloys Updates on Exploration Progress Report from Utah Properties

IBC Advanced Alloys (IBC) has announced the receipt of the progress report from the 2011 exploration conducted at its properties in Utah.

From IBC Advanced Alloys Corp. 9 Feb 2012

Thiess Wins $1BN Mining Contract at OZ Minerals’ Prominent Hill

The job situation in South Australia has improved in the mining sector with mining contractor Thiess being hired to work on OZ Minerals’ Prominent Hill mine.

From OZ Minerals Limited 8 Feb 2012

Glencore and Xstrata Ink $90 Billion Merger

In a historic decision Xstrata and Glencore International have agreed to a merger forming a new company with a market value of $90 billion.

8 Feb 2012

White Tiger Gold to Restart Long Hole Ore Production

White Tiger Gold has announced the commencement of Long Hole ore production at Lamaque from the North Wall mines.

7 Feb 2012

Xcite Energy Announces Amendment to Rig Contract with British American Offshore

Xcite Energy, a fully owned subsidiary of Xcite Energy Resources, has announced that its existing rig contract with British American Offshore, a subsidiary of Rowan Companies has been amended.

7 Feb 2012

Regal Resources to Fully Acquire Patagonia/Sunnyside Project

Regal Resources has signed a definitive purchase agreement with Minquest based in Reno Nevada to fully acquire the Patagonia/Sunnyside project. As per the agreement, Regal Resources will pay a total sum of $800,000 out of which $100,000 will be paid as a non-refundable deposit within three working days of signing the agreement.

7 Feb 2012

Alhambra Resources Completes Magnetic and Remote Sensing Surveys on Dombraly-Shirotnaia Trend

Canadian explorer and producer of gold, Alhambra Resources has announced that it has completed remote sensing and magnetic surveys on an area covering 1,360 km² on the Dombraly-Shirotnaia trend, which is located at the South eastern section of the Uzboy Project area.

7 Feb 2012

BAEconomics Report Shows Benefits of Automation Technology in Mining Industry

According to the new research, the mining industry gets a world-first technology for the miners’ safety and better health, enhanced ecological benefits and usage of energy, and production efficiencies.

From Rio Tinto plc 7 Feb 2012