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Quebec Sees Jump in Mining Revenue

Quebec mining royalties reached a record high of $304 million last year. The Quebec Treasury had expected only about $133 million from the mining royalties in the budget last March. The amount is also higher than the $289 million collected over the last 10 years.

18 Sep 2011

Southern Silver Exploration Identifies Polymetallic Mineralization at Cerro Las Minitas Project

Southern Silver Exploration has discovered large polymetallic mineralization at its Cerro Las Minitas project in Mexico, through offset drilling.

From Southern Silver Exploration Corp. 17 Sep 2011

Minsud Resources Announces Phase I Drilling Results from Brechas Vacas Property

Minsud Resources has proclaimed phase I drill campaign results from the Brechas Vacas property, located in Chita Valley Project, Argentina.

16 Sep 2011

Blackthorn Resources to Commence Operations at Burkina Faso Zinc Mine

Blackthorn Resources will begin operations at its zinc mine in Burkina Faso in 2012. The mine is the Perkoa zinc mine which it holds in a joint venture with Glencore International Plc. Blackthorn Resources hopes to make the shift from a junior miner to a middle tier miner by 2014.

From AIC Mines Limited 13 Sep 2011

Cartier Resources Announces Further Channel Sampling Results from Cadillac Extension Project

Cartier Resources has declared additional channel sampling results from Cadillac Extension project, which is situated 115 km to the east of Val-d'Or, Quebec.

From Cartier Resources Inc. 3 Sep 2011

Not Everyone Happy with Kimberley Heritage Listing

Nicole Roocke, director of Western Australia's Chamber of Minerals and Energy, is amongst the many people who are apprehensive that a heritage listing for the Kimberley region by the government will lead to restrictions on the region’s mining and exploration development.

1 Sep 2011

Frontline Gold Signs Drilling Agreement for Poly Property

Frontline Gold and Black Hawk Diamond Drilling of Smithers have signed a drilling agreement.

26 Aug 2011

SilverCorp metals Acquire High Grade Silver-Gold-Lead-Zinc Mining Assets in China

Canadian company Silvercorp Metals Inc is hoping to buy a 90% stake in two Chinese mining companies through its subsidiary company Henan Found Mining. The buyout will cost Silvercorp Metals $ 10 million. Silvercorp Metals has a 77.5 % stake in Henan Found Mining Company.

From Silvercorp Metals Inc. 23 Aug 2011

Selwyn Resources to Raise Funds to Re-Open Lead and Zinc Mine

Selwyn Resources is to issue bonds to raise $ 30 million to restart the ScoZinc mine at Gays River in Nova Scotia. The mining at the zinc lead mine was suspended in 2009 as the metal prices fell and made the operations economically unviable.

23 Aug 2011

Driven Capital Starts Shallow Drilling Program at Lyn Silver Project

Driven Capital has obtained the initial analytical results from its trenching and sampling program at the Lyn Silver project, which is located in Yukon’s Whitehorse Mining district.

23 Aug 2011