Crusader moves to Borborema BFS
February 15 - 21, 2012
PERTH, Feb 22 – Crusader Resources has begun a bankable feasibility study evaluating a 4Mtpa, 10-year mining operation at its potential company-maker, the 100% owned Borborema gold project in Brazil.
Solid Energy hit by closure
February 15 - 21, 2012
WELLINGTON, Feb 22 – New Zealand’s Mines Inspectorate has ordered the immediate shutdown of Solid Energy's Spring Creek underground coal mine at Greymouth.
Medusa says Co-O doing ok
February 15 - 21, 2012
LONDON, Feb 22 – Medusa Mining is promising shareholders an exciting ride as it emerges from the period of expansion and development at its Co-O gold mine and mill in the Philippines.
Alara confirms Saudi project base
February 15 - 21, 2012
PERTH, Feb 22 – Alara Resources is confident it has a confirmed base for a 10-year mining operation following the announcement of the maiden resource for the Khnaiguiyah zinc-copper project in Saudi Arabia.
AmmLeach may work at Turkey zinc project
February 15 - 21, 2012
LONDON, Feb 22 – Canadian junior explorer/miner Red Crescent Resources is looking at the use of AmmLeach technology for the primary recovery of zinc and copper from oxide mineralisation at several base metals projects in Turkey.
Gindalbie lands 1.48Bt resource
February 15 - 21, 2012
PERTH, Feb 22 – Gindalbie Metals has boosted its hopes of building a regional iron ore presence in the Mid West of Western Australia with the announcement of a maiden mineral resource estimate of 1.48Bt at 27.15% Fe for its 100%-owned Lodestone magnetite project.
Canwealth looks to extend James Bay reach
February 15 - 21, 2012
NEW YORK, Feb 22 – Canadian explorer/miner Canwealth Minerals and its management/funding partner ICBS have filed mineral claims over six new sites showing concentrations of gold and copper in the James Bay area of northern Quebec, Canada.
Ortac to update Sturec model
February 15 - 21, 2012
LONDON, Feb 22 – High grades and encouraging widths continue to encourage explorer/developer Ortac Resources at its Šturec gold-silver project in central Slovakia.
Horseshoe funding to reboot exploration
February 15 - 21, 2012
PERTH, Feb 22 – Drilling and other exploration activities will get a kick along at Horseshoe Metals’ highly prospective Horseshoe Lights copper-gold and Kumarina copper projects in Western Australia from the proceeds of a A$4.1M placement.
Touchstone finds Colombia gold
February 15 - 21, 2012
LONDON, Feb 22 – Explorer Touchstone Gold is reporting a new zone of high-grade gold mineralisation at its 100% owned Rio Pescado property in the highly prospective Segovia Gold Belt of Colombia.
Strategic values magnetite
February 15 - 21, 2012
LONDON, Feb 22 – An independent technical report has given an insitu value of A$140M for the magnetite and silver deposits on Strategic Minerals’ Iron Glen prospect, 40km south of Townsville in Queensland, Australia.
Orvana gold reserve boost
February 15 - 21, 2012
TORONTO, Feb 22 – Orvana Minerals has lifted gold reserve estimates at its El Valle-Boinas/Carles gold-copper mine in northern Spain by 95,000oz to 1.3M oz measured and indicated.
Natasa eyes London listing for Alberta Coal
February 15 - 21, 2012
LONDON, Feb 22 – Natasa Mining is contemplating a London Stock Exchange main board listing of its new subsidiary Alberta Coal Corporation following the acquisition of six coal leases in Alberta, Canada.
Santander potential evident
February 15 - 21, 2012
VANCOUVER, Feb 22 – Intersections of high-grade, polymetallic mineralisation in exploration of the Santander Pipe in west-central Peru are underscoring the significant potential of the historic mining area for zinc-lead-silver-copper deposits.
Steel production down worldwide
February 15 - 21, 2012
BRUSSELS, Feb 22 – Falling production of crude steel in China led a world-wide decline in output last month, the World Steel Association reports.
Landdrill lands orders
February 15 - 21, 2012
MONCTON, New Brunswick, Feb 21 – Canadian driller Landdrill International has secured record drilling commitments from mining companies in Canada and internationally for 2012.
Noble secures final Bibiani funding
February 15 - 21, 2012
PERTH, Feb 21 – Noble Mineral Resources has completed a A$10M placement to fund the final commissioning of the 3Mtpa Bibiani gold mine in Ghana in preparation for the first gold pour next month.
Minas Chanca review starts
February 15 - 21, 2012
VANCOUVER, Feb 21 – Resource estimation of high-grade shoots has begun at the Minas Chanca project in the Central Peru Polymetallic Belt after Compañia de Minas Buenaventura returned bonanza silver grades of up to 9.3kg/t Ag over 35cm in underground diamond drilling.
Paulsens resource lift
February 15 - 21, 2012
PERTH, Feb 21 – Australian gold miner Northern Star Resources has raised the JORC-compliant resource estimate for its flagship Paulsens project in Western Australia by 41% to 318,000oz.
Contractors win nuclear plant work
February 15 - 21, 2012
LONDON, Feb 21 – A joint venture of Keir Group and BAM has been signed up for GBP100M-plus worth of site preparation works for the new Hinkley Point C nuclear power station in Somerset, UK.
