Resource Finance & Investment Limited announce receipt of the latest quarterly update from Industrial Minerals (IDM). IDM advised that following completion of the drilling program, the previously stated 1.38 million short tons of probable ore reserve moved to proved ore. This raised the total of proved ore to 8.68 million short tons.
IDM has also confirmed [...]
Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering.
The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore [...]
Coeur d’Alene Mines Corporation announced the appointment of Humberto Rada as the new President of Coeur’s Bolivian subsidiary, Empresa Minera Manquiri, S.A., and of Coeur South America. Mr. Rada will lead all the Company’s activities in South America, including its existing activities in Bolivia, Chile and Argentina. Coeur recently began operations at its new San [...]
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]
AUGYVA MINING RESOURCES INC. is pleased to announce the signing of an option and joint venture agreement (the “Agreement”) with Canadian Century Iron Ore Corporation (”Century”) defining the terms to allow Century to earn up to a 65% interest in the Company’s Duncan Lake Iron Property (”Duncan” or the “Property” or the “Project”) by funding [...]
Coeur d’Alene Mines Corporation said today that the U.S. Forest Service has evaluated public and agency comments submitted on the Draft Supplemental Information Report for the Kensington Gold Mine in Alaska. Based on the responses and agency input, the Forest Service has announced that an Environmental Assessment (EA) is the preferred level of review, which [...]
Coeur d’Alene Mines Corporation said today that the U.S. Forest Service has evaluated public and agency comments submitted on the Draft Supplemental Information Report for the Kensington Gold Mine in Alaska. Based on the responses and agency input, the Forest Service has announced that an Environmental Assessment (EA) is the preferred level of review, which [...]
Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]
Norway’s Norsk Hydro has agreed with Australia’s United Minerals Corporation (UMC) to explore the possibility of bauxite mining and alumina refining in the Kimberley region of Western Australia.
“A final agreement would give Hydro a 75 percent holding in a potential bauxite and alumina project, in line with Hydro’s strategy to grow in primary aluminium production [...]
Under political pressure over climate change, the coal industry has vowed to raise at least $1 billion to develop technology to curb greenhouse gases.
The announcement increases by $700 million the funds producers have committed to clean coal technology.
Both the federal government and Labor have put much store in the technology as a way of reducing [...]
