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Cartier Resources Reports New Assay Results from Cadillac Extension Project

Cartier Resources has reported latest results from the channel samples, which yielded 83.57 g/t silver, 3.03% copper and 1.63% zinc over 10.0 m in a wider interval taken partly across a fold formation grading 31.84 g/t silver, 1.00% copper and 1.11% zinc over 58.0 m at the Cadillac extension project, which is situated 115 km east of Val-d'Or in Quebec.

From Cartier Resources Inc. 16 Aug 2011

Xstrata Looks to Expand Mount Isa with Large Multi-Commodity Open Pit Mine

The Swiss mining company Xstrata has decided to start a $47 million study to transform its Mount Isa mining operation. The firm wishes to develop a large multi-commodity open pit mine at the already present mine in north west Queensland. The study is to begin in August and will be completed by early 2013.

11 Aug 2011

Globex Mining Intersects High Grade Copper and Zinc

Globex Mining Enterprises made a statement on Monday saying that it had intersected high grades of copper and zinc, along with additional gold and silver mineralization, at the Tonnancour property.

From Globex Mining Enterprises Inc. 9 Aug 2011

Full Metal Zinc Proclaims Ongoing Exploration Program at Fortymile Project

Full Metal Zinc has announced the ongoing surface exploration and drilling program at the Fortymile copper-lead-silver-zinc project in east-central Alaska.

6 Aug 2011

High Desert Gold Identifies New Gold-Silver Mineralization at San Antonio Project

High Desert Gold (HDG) has discovered two new excellent gold, silver and base metal mineralization areas, and also a skarn mineralization area at the San Antonio Project in Mexico.

From Gold Rate 6 Aug 2011

New Pacific Metals Releases Assay Results from Tagish Lake Property

New Pacific Metals has proclaimed the assay results of the initial step out hole, Raca11-01, at Tagish Lake gold-silver property’s Raca region in Yukon.

From New Pacific Metals Corp. 4 Aug 2011

Cullen Resources Discovers High-Grade Zinc at TL Property

Cullen Resources has unveiled high-grade zinc discovery, which intercepted 8.98% zinc over 3 m at a huge sulphide zone in the TL property.

2 Aug 2011

Lundin Mining Profit Jumps 36%

The second quarter earnings of Lundin Mining Corporation have shown an increase of 36% from the corresponding period last year. However this was less than what the company expected. The lower earnings were a result of poor ore grades at their Portugal and Sweden based mines.

From Lundin Mining Corporation 1 Aug 2011

Amex Exploration Pronounces Drilling Campaign at Nueva Escondida Property

AMEX Exploration has received all the essential license and permits for the drilling program at the Nueva Escondida property.

27 Jul 2011

Namibia Looks to Increase Mining Taxes

Namibia plans to get a larger slice out of the profits generated by mining by increasing its mining tax by 17%. Namibia is a country rich with mineral resources and a reasonably well established mining industry that already generates 25% of Namibia's revenue, mining is the single most important contributor to the economy.

25 Jul 2011