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.
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.
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.
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.
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.
Australian-based international iron ore company Sundance Resources (ASX:SDL) is finally emerging from the shadow of the tragedy which wiped out its board of directors having appointed a new chief executive.
As the Pennsylvania Senate is poised to return to Harrisburg for its final three session days this year, Jan Jarrett, president and CEO of Citizens for Pennsylvania's Future (PennFuture) warned these public servants that "there's no excuse not to pass a drilling tax."
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company") announces that it has acquired approximately 520 claims 20,800 contiguous acres thru staking in the vicinity of Beaufield Resources Inc.'s ("Beaufield") Tortigny Prospect, approximately 125 kilometres northwest of Chibougamou, Quebec.
Treasurer Wayne Swan refused to release the figures and assumptions relating to the Minerals Resource Rent Tax (MRRT) despite a Senate order. He said that to do so would damage the economy and it would be grossly irresponsible. The Gillard government is standing by the Treasury estimated of the MRRT raising $10 billion from the mining sector.
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has submitted an Application for a Permit to Drill one exploration well in the Beaufort Sea in 2011.
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