Corex Gold Corp. has reported continued exploration success achieved through the 2010 drill program on its Santana Property, Sonora State, Mexico.
Claude Resources Inc. (TSX-CRJ; NYSE Amex-CGR) today reported new exploration results from the July, August and September drilling programs at its 100 percent owned and operated Seabee Gold Mine.
Castillian Resources Corporation (TSX VENTURE:CT) has provided an update on its diamond drilling and exploration program at its Hope Brook Gold Project located on the southwest coast of Newfoundland.
Capstone Mining Corp. (CS: TSX) today announced additional high grade intercepts from the last batch of drill holes from 2010 on its high grade Kutcho Copper-Zinc Project.
The South Australian Government has already given the company approval to begin operations. The Iron Chieftain Mine is located 40 km west of Whyalla.
Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) has announced that its fourth drill hole (DDH-13) targeting the Middle Zone discovered substantial gold and copper mineralization starting at a depth of 1.5 m.
Atlas Iron, an Australian iron ore producer, with a number of key projects located within 150 km of the port of Port Hedland in Western Australia is closing in on consolidating a deal which would allow it to use one of BHP Billiton's Pilbara railway lines.
Mining company Gogebic Taconite wants to develop an open pit mine for iron ore in north Wisconsin. The project would cost about $1 billion and the company has bought an option to lease the mineral rights on 22,000 acres in Ashland and Iron counties.
By Joel Scanlon
18 Nov 2010
Brazilian mining giant Vale SA is looking forward to investing about $10 billion in Canadian Mining. Vale had entered Canada by taking over Inco Ltd, a nickel mining company in 2006. The company had paid nearly $20 billion for the investment however things have not gone too smoothly for Vale in Canada.
Indian mining company Vedanta Resources is going to list its Zambian copper arm on the London Stock Exchange in a bid to raise $1.1 billion as per a statement by the firm on Tuesday. The Konkola Copper Mines are owned 79% by Vedanta Resources.
Vallar of Nathaniel Rothschild and the Bakrie family of Indonesia have joined forces to dominate the booming Indonesian coal exports sector. The publicly traded investment vehicle set up by Nathaniel Rothschild is aiming to create an Indonesian resource champion that would be listed on the London Stock Exchange.
By Joel Scanlon
17 Nov 2010
Indian steelmaker Adhunik Metaliks said that it had commenced operations at three mines in the Indian state of Orissa despite not having received all regulatory approvals to begin the development of the iron ore deposits in the state. The three mines in question are Tentulidihi, Sanpatholi and Kusunidihi.
By Joel Scanlon
17 Nov 2010
Brockman Resources has decided to reject the offer made by the Chinese company Wah Nam International. The iron ore producing company chairman Barry Cusack said that the board of directors would be calling unanimously for share holders to refuse the $930 million offer from the Hong Kong listed company.
Mapungubwe World Heritage Site in the northern province of Limpopo, is the reason why UNESCO is sending in a team of environmental experts to South Africa. The experts will be on ground next week to look into the impact of mining at the World Heritage listed site.
African Gold Group, Inc., (TSX VENTURE:AGG) has reported the analytical results for 4 near surface step out, reverse circulation drill holes from AGG's Kobada, Mali gold project.