Mining Business News

RSS

Ex BHP Boss Don Argus Reluctant to Face Senate Inquiry

Don Argus is reluctant to face a Senate inquiry scheduled for February 7 in Melbourne. The former chairman of BHP Billiton had helped with a policy transition group which advised Wayne Swan about the planned $7.4 billion worth mining tax.

From BHP Billiton Plc 26 Jan 2011

Sterling Group Ventures Uses Private Placement Proceedings to Develop Gaoping Phosphate Deposit, China

Sterling Group Ventures Inc. (OTCBB:SGGV)(FRANKFURT:GD7) advises that it has arranged a private placement of up to 15,000,000 units at a price of $0.10 per unit.

25 Jan 2011

Quebec-Based GENIVAR Receives EPCM Contract from Canada Lithium

Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced today that it has awarded the contract for Engineering, Procurement, Construction and Management of its planned open-pit mine and processing plant to Quebec-based GENIVAR Inc.

25 Jan 2011

Cadillac Ventures Receives Assay Results from Thierry Mine Project in Ontario

Cadillac Ventures Inc. (TSX VENTURE:CDC) has announced the receipt of assays for the third hole (CV-10-04) at the Thierry Mine Project in Northwestern Ontario.

25 Jan 2011

Atna Resources Updates on Briggs Mine in California

Atna Resources Ltd. (TSX: ATN) (OTC Bulletin Board: ATNAF) has reported increased production and reduced unit costs at the Briggs Mine in Inyo County, California for the fourth quarter ending December 31, 2010.

25 Jan 2011

Golden Predator Signs Option Agreement to Buy Nearly 75% Interest in Harlan Property

Golden Predator Corp. (TSX: GPD) has announced that it has signed an option agreement to acquire up to a 75% interest in 75 quartz mineral claims known as the Harlan Property, located 150 km north of the town of Ross River, Yukon Territory, Canada from Alexco Resource Corp.

25 Jan 2011

HTX Minerals, Impala Platinum Enter Strategic Alliance to Focus on PGE-Nickel-Copper Exploration

HTX Minerals Corp has announced that it has entered into a new strategic alliance with Impala Platinum Holdings Limited, the world's second largest primary platinum producer. The alliance will focus on PGE-Nickel-Copper exploration within the Mid Continental Rift area in Ontario, Canada.

25 Jan 2011

Deloitte Says Australia Will Have Mineworker Shortage by 2020

The mining industry may face an acute shortage of manpower in the next few years as per a report from professional services organization Deloitte. The report said that the industry will need 58,000 more workers by 2020 to maintain the production levels that the industry has at present.

24 Jan 2011

JP Morgan to Launch Mining Fund

JP Morgan Asset Management is setting up a new mining based mutual fund. Neil Gregson will manage the new mining sector based fund. Gregson was formerly with Credit Suisse and joined JP Morgan last year. He managed a mining related fund in the previous company and has spent 20 years in the natural resources sector.

24 Jan 2011

Commander Resources Announces Final Property Payment for Tam-Misty Copper-Gold Project

Commander Resources Ltd. (TSX VENTURE:CMD) reports that Teck Resources Limited has made a final property payment on the Tam-Misty porphyry copper-gold property in the Omineca mining district.

From Commander Resources Ltd. 24 Jan 2011