M45 Mining Resources Inc., formerly known as Quantitative Methods, Corp., today begin trading under the new symbol (OTC BB:MRES.OB ).
Management stated, “Trading under this new symbol represents the last step of our Company’s complete transformation into a mining organization that is focused on a concerted and united effort to build comprehensive value for our shareholders.”
The [...]

New Jersey Mining Company announces it will commence a feasibility study for a 5,000 tonnes per day flotation mill in the Murray, Idaho area. The study will investigate the economics of a central mill processing copper-silver ore from the Niagara deposit and gold ore from the Golden Chest mine, and possibly other sources. Currently, the [...]

Thousands of workers at a huge U.S.-owned copper and gold mine are on a sit-down strike demanding a greater role in management, which they say is discriminating against tribespeople in remote Papua province.
Freeport-McMoRan Copper & Gold Inc., based in Phoenix, has been plagued for years by allegations of human-rights abuses and environmental damage at its [...]

A tentative deal has been reached to resolve a strike that idled the Iron Ore Company of Canada mine in Labrador City.
IOC and the United Steelworkers hammered out the deal over the weekend. About 1,000 workers had gone on strike March 9.
“The five-year pact includes base wage increases in each year, increases in pensions, medical [...]

Chhattisgarh has located four new iron ore deposits with an estimated 71 million metric tonnes of finest quality reserves.
The state’s mineral department conducted a widespread survey for a year and located iron ore reserves of over 40 million metric tonnes in Iklama and Sindhari areas in Kawardha district, an official release said Monday.
‘Besides Kawardha, 15 [...]

Anglo American Plc, the world’s second-largest mining company, will pay $1.15 billion for 49 percent of the Brazilian iron-ore project MMX Minas-Rio, the first acquisition by Chief Executive Officer Cynthia Carroll.
Anglo will buy the stake from MMX Mineracao e Metalicos SA, controlled by Brazilian billionaire Eike Batista, and Centennial Asset Mining Fund LLC, the [...]

Stephens Inc.’s private equity firm will make a majority equity investment in an independent directional drilling company and provide subordinated debt financing, the company announced Tuesday.
Terms of the deal between Little Rock-based The Stephens Group LLC and Multi-Shot LLC were not disclosed.
This is Stephens’ third major capital investment in an oil and gas-related company. In [...]

Arian Silver Corporation is pleased to announce the start of a 3,000 metre diamond drilling programme at the Tepal property, Michoacan state, Mexico.
The project was previously explored in the 1970’s and the early 1990’s by a number of companies including International Nickel Company of Canada Ltd (INCO), Teck Resources Inc (Teck) and Minera Hecla [...]

GeoPetro Resources Company (”GeoPetro” or the “Company”) recently announced that its 12% owned Indonesian subsidiary Continental-GeoPetro (Bengara-II) Ltd. (”CGB2″) has called for tenders to provide a second drilling rig to drill the third and fourth wells of the four planned wildcat exploration wells for this year on the Bengara-II PSC, onshore East Kalimantan, Indonesia. Bid [...]

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the recent commencement of drilling services for Gulfsands Petroleum PLC in Syria. Drilling services are being provided with CROSCO’s 2000 HP drilling rig EMSCO 602 (Emsco C-2 II). Currently CROSCO is drilling the Khurbet East exploration well KHE 1. The total drilling depth [...]