Anglo Swiss Resources’ Kenville Gold Mine Underground Rehabilitation Completion
Anglo Swiss Resources Inc. announces that the Company has completed the rehabilitation of the main mine haulage system at its 100% owned Kenville Gold Mine property near Nelson, B.C. This major historical production level, known as the 257 Level, is the lower of two levels and is now entirely operational with the extensive main drifts track repair complete. The Kenville Gold Mine has approximately...
Rio Tinto Alcan successfully completes rehabilitation of Pramont industrial residue disposal site
Rio Tinto Alcan has successfully completed its rehabilitation of the Pramont industrial residue disposal site in the Valais region, which is now integrated into a regional framework for environmental protection on the left bank of the Rhone River between Sierre and Granges, Switzerland. “This rehabilitation is the outcome of eight years of hard work and regional collaboration, of which we are...
Arctic Platinum Project Reverts to Gold Fields
Gold Fields Limited announced that the Arctic Platinum Project (APP) in Finland had reverted to Gold Fields after North American Palladium Limited (NAP), a Canadian platinum metals group producer, had declined to follow its rights in terms of a Letter of Intent entered into between the parties and announced on 18 October 2005 and an Acquisition and Framework Agreement subsequently entered into between...
Anglo Swiss Resources Begins Installation of New Gold Processing Equipment-Kenville Gold Mine
Anglo Swiss Resources Inc. report that it has taken delivery and initiated installation of mineral processing equipment for its 100% owned Kenville Gold Mine and Milling property located near the City of Nelson in South Eastern British Columbia. The newly purchased crushing and milling equipment (the “Equipment”) consists of: 1) 2 ball mills with drives; 2) a classifier; and 3) 3 flotation...
Swiss group takes over mining project in South Cot
A Swiss-backed mining group will takeover by April 2007 the management of the proposed large-scale copper and gold mining project of Australian mining firm Indophil Resources NL in the mountains of Tampakan, South Cotabato. Indophil announced this development Friday after Brisbane, Australia-based Xstrata Queensland Limited (Xstrata Copper) formally exercised its option on Thursday to acquire the 62.5-percent...
Mining merger madness attracts global interest
It all started with Canadian mining company Inco Ltd. saying that it wanted to acquire nickel miner Falconbridge Ltd. Then Teck Cominco stepped in to make a play for Inco and was soon followed by Swiss-based Xstrata with a bid for Falconbridge. Making the scenario more interesting, USbased Phelps Dodge proposed a three-way with Inco and Falconbridge to form a North American mining powerhouse. That...
Falconbridge expands Raglan nickel mine in northern Quebec
Nickel producer Falconbridge Ltd. (TSX:FAL) plans to expand its Raglan mine in northern Quebec with an investment of more than $500 million over the next several years, the company announced Wednesday. The expansion will create about 50 new jobs as the miner launches two key studies to develop new reserves to replace ore mined since the mine opened in 1997 and boost metal output. Falconbridge said...
Australian Mining Investments slumps on copper revision
Upstart explorer Australian Mining Investments Ltd. more than halved its resource estimate for a copper discovery in Queensland state on Monday, slicing 50 percent off the value of its shares. The company, which this week changes its name to CuDeco Ltd., had seen its stock rocket to a high of A$10, from 29 cents, in less than two months after an earlier report dangled the prospect of a giant copper...
US company gets a chunk of Jamaica’s bauxite mining
WASHINGTON GROUP International Inc. (WGII) has been awarded two contracts to take over the entire bauxite mining operations for West Indies Alumina Company (WINDALCO) for the next decade. With the two awards announced last Thursday, Washington Group will be mining and delivering approximately one-third of Jamaica’s annual bauxite production of around 15 million tonnes. The full service contract...
Nickel merger is a mining disaster
What started last fall as a straightforward merger between Sudbury’s two long-time nickel producers threatens to become a sell-off to U.S. interests of a huge chunk of Canada’s mining industry ”” one of our few industries in which Canadians still call most of the shots. The proposed $40 billion (U.S.) mega-merger announced yesterday among the Canadian industrial icons Inco Ltd....
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