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Rugby Mining to Acquire Majority Share of Copper Gold Project in Colombia from Rio

Canadian explorer Rugby Mining (TSX:RUG) is to acquire up to 60% interest in the Comita porphyry copper gold project in Colombia. The company is entering into an agreement with Rio Tinto, which currently owns the project.

12 Oct 2010

India Looks to Secure Nuclear Energy Supplies Overseas

India is looking abroad to secure its uranium supply by acquiring mines outside the country. With nuclear energy emerging as viable option which could help meets the growing needs of energy for the world it was important for India to be prepared.

12 Oct 2010

Rio Tinto BHP Iron Ore JV Still Alive

The Rio Tinto and BHP Billiton iron ore joint venture in the Pilbara region is still a live issue despite recent claims that Rio Tinto is poised to abandon the project.

From BHP Billiton Plc 12 Oct 2010

Beaconsfield Gold and Bendigo Mining Merger in Doubt

Beaconsfield Gold and Bendigo Mining's merger is in doubt after a potential loan default has come to light. In July the companies had agreed to a potential merger which would reduce risks and enhance growth prospects for both companies.

11 Oct 2010

Fortescue Metals Refinances for Expansion

Fortescue Metals Group (ASX:FMG) has managed to line up a $2.06 billion bank loan facility to help its expansion plans. Shares in the third largest iron ore miner in Australia closed at a high of $6.25, up 7.76% after the announcement on Monday.

From Fortescue Metals Group Ltd 11 Oct 2010

Geophysical Work Started on Belleterre Mine by Conway Resources

Conway Resources Inc. (TSX-V: CWY) has announced the start of geophysical work on an unexplored portion of the Belleterre Mine property located west of highway 382. This work will consist of ground magnetometry, Very Low Frequency and Induced Polarization surveys on 31 line-km of grid. The surveys will be conducted by the Quebec City firm Geosig.

8 Oct 2010

Kiska Metals Agrees to Sell Mexican Unit to Evrim Metals

Kiska Metals Corporation reports that the Company has agreed to sell its Mexican subsidiary, M inera Geoinformatica, to Evrim Metals Corporation. Minera Geoinformatica holds all nine of Kiska's Mexican properties and a geological database for Mexico and parts of the southern United States.

8 Oct 2010

CGA Mining Expands Operations at Masbate with Fleet Upgrade

CGA Mining (ASX:CGX) announced that it was expanding its mining fleet in order to service the expansion of its Masbate Gold Project in Philippines.

8 Oct 2010

Perilya Says Planned Takeover Won't Affect Broken Hill Operation

Perilya Limited (ASX:PEM) Managing Director Paul Arndt has said that the takeover bid for an overseas mining company would not have a negative impact on operations in Broken Hill.

From Perilya Limited 8 Oct 2010

Martin Ferguson in Perth for Damage Control

Martin Ferguson is in Perth with members of the Policy Committee looking into the Mineral Resource Rent Tax (MRRT). The federal resources minister is meeting with lobby groups and individual companies to be more conciliatory in his approach for negotiations with Australian miners over the proposed mining tax.

From BHP Billiton Plc 8 Oct 2010

Mining Business News

Rugby Mining to Acquire Majority Share of Copper Gold Project in Colombia from Rio

India Looks to Secure Nuclear Energy Supplies Overseas

Rio Tinto BHP Iron Ore JV Still Alive

Beaconsfield Gold and Bendigo Mining Merger in Doubt

Fortescue Metals Refinances for Expansion

Geophysical Work Started on Belleterre Mine by Conway Resources

Kiska Metals Agrees to Sell Mexican Unit to Evrim Metals

CGA Mining Expands Operations at Masbate with Fleet Upgrade

Perilya Says Planned Takeover Won't Affect Broken Hill Operation

Martin Ferguson in Perth for Damage Control

American Rare Earths Limited Announces Outstanding Drill Results at Cowboy State Mine Area in Wyoming, USA

Sayona Mining Announces Increase to Mineral Resource Estimate for North American Lithium

Assessing Corrosion Impact on Mining Equipment Using Spectral and Wavelet Analysis

American Pacific Completes Its 2024 Drill Program at Palmer Copper-Zinc VMS Project in Southeast Alaska

Oar Resources Confirms Multiple Uranium Mineralization Occurrences at Amorinópolis Project in Brazil

Enhancing Thermal Management in Deep Mining: A Review of Cooling Technologies

GeoSpec: The Ultimate Benchtop NMR Rock Core Analyzer

BeVision M1 - Automated Static Image Analyzer

SpectrOil 100 for Oil Analysis

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