Alturas Minerals Corp. (TSX VENTURE:ALT)(BVLAC:ALT) announces assay results from the first five diamond drill holes completed as part of the first phase drill program at its La Corina property in northern Chile
In Chile the after effects of the miners rescue can be seen in a bill proposed by President Sebastian Pinera. The bill seeks to raise mining royalties from a range of 4 to 5% as currently paid to a range of 4 to 9% depending upon operating margins. This will eventually be raised to a range of 5 to 14% by the year 2018.
By Joel Scanlon
14 Oct 2010
A Colorado based coal industry group, the Colorado Mining Association, has asked two public utilities commissioner to excuse themselves from considering a plan by Xcel Energy (NYSE:XEL). The plan involves the company switching some power plants to run on natural gas rather than on coal.
By Dr. Cameron Chai
14 Oct 2010
Reserve Bank of Australia board member Warwick McKibbin said that the mining boom in Australia and its economic effects would be better managed if the national policies were sharper. Of the large surge of income into the economy he said that all tools of policy have to be focused on the key issue facing the country, the resources boom.
By Dr. Cameron Chai
14 Oct 2010
Coal & Allied Industries Ltd (ASX:CNA) has scaled down their full year coal production and sales forecasts. The company said that due to the wet weather they anticipated about 25 million tonnes for the calendar year 2010 which is lower than the previous guidance of 27 million tonnes.
The Chief Executive of Woodside, Don Voelte announced that he would be returning to his native US after handing over the responsibilities for the group's two highly complex growth projects Browse and Sunrise. The 57 year old has been at the helm of the company for seven years now.
The Mining Association of BC congratulates the international team of mine rescue workers that successfully rescued all 33 miners trapped underground since August 5th at the San Jose copper and gold mine in Copiapo, Chile.
Kaminak Gold Corporation (TSX VENTURE:KAM) today announced the fourth significant drill discovery on the Company's 100% owned Coffee property, located in the White Gold District, Yukon Territory.
Cayden Resources Inc. (TSX VENTURE:CYD) has announced receipt of ZTEM and magnetic airborne geophysical survey results for the Wildcat property in north-central British Columbia.
Golden Chalice Resources Inc. (TSX VENTURE:GCR) has announced that shareholders of the Company and the TSX Venture Exchange have approved the consolidation of the Company's shares on a 9:1 basis.
Mi-Tech Metals, Inc., a veteran-owned small business, has been presented with Bell Helicopter's most prestigious supplier award—Premier Supplier. Mi-Tech Metals, founded in 1978, is one of the world's leading manufacturers of Tungsten Alloy and Tungsten Composite materials.
LEBOLDUS CAPITAL INC. (TSX VENTURE:LEB) reports that the Phase II exploration program has identified significant gold and silver mineralization on surface and from historic adits from the Santa Rosa East area on its Corongo Au-Ag Property located in the Department of Ancash, Peru.
Mineral Hill Industries Ltd has announced that it has entered into agreements to acquire a 50% Joint Venture participation in the Liberty Hill Gold Mine owned by Mining and Energy International Corp., a private company registered in Denver, CO, USA.
Nanika Resources Inc. (TSX-V: NKA and FSE: C7X) has announced that drilling has started on its Red Cliff East property.
Rare Element Resources Ltd. (TSX-V: RES and AMEX: REE) has announced the completion of a bulk sample collection program at the Company's 100% owned Bear Lodge rare earth element and gold property, located in northeastern Wyoming.