Roxmark Mines Limited announced that the Technical Qualifying Report for the Northern Empire Gold Mine, in accordance with NI 43-101 regulations and dated November 2008, has been filed on SEDAR and is available at the Company’s website. The updated report was prepared by Peter Bevan, P. Eng., consulting geologist and a qualified person under NI [...]
Peter Mordaunt, Chairman and CEO of Stingray Copper Inc. reports that the Corporation has received independent cost estimate proposals for the construction of a commercial acid plant capable of producing sulfuric acid, a necessary operating requirement at the El Pilar oxide copper project located in Sonora, Mexico. In the metallurgical process being studied for the [...]
Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd. , and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has increased its ownership in the Mamahak Coal Project in East Kalimantan, Indonesia, from 56% to 85%. The original Joint Venture Agreement with Score Resources Ltd. included a provision allowing for [...]
Scorpio Mining Corporation announce that on Tuesday, July 29th, 2008 it started shipping lead concentrate from its 100% owned Nuestra Senora project, Sinaloa State, Mexico.
Peter J. Hawley, Chairman, CEO reports, “Last week was very exciting for the Company as it marks a milestone towards receiving this quarter our first ever cash flow from the project. [...]
Bannerman Resources Ltd, an Australian-based uranium exploration and mine development company, is pleased to present a summary of corporate and project activity for the second quarter of 2008. Please see Bannerman’s “Mining exploration entity quarterly report (Appendix Form 5B)” and “Quarterly Activities Report” filed on SEDAR and available on the Company’s website, www.bannermanresources.com.
Goanikontes Anomaly A [...]
Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, are pleased to announce today that an independent estimate compliant with National Instrument 43-101 has sharply increased resources at the company’s Ovoot Tolgoi coal project in Mongolia.
The new report shows that Ovoot Tolgoi’s West Field now contains [...]
Hana Mining Ltd. “We now have three drill rigs operating in three separate areas; two are in Zone 2 and 4 kilometers apart and the third is 95 kilometers northwest in Zone 6. We are intersecting copper mineralization everywhere the prospective horizon has been drilled,” states Peter Wilson, President of Hana Mining.
Hana is pleased to [...]
Findings of a new study on gold mining operations in the country launched yesterday have revealed that the government lost an estimated USD400m (more than 400bn/-) over the last ten years in low royalties, unpaid corporation tax and tax evasion.
The study, entitled: “A Golden Opportunity - How Tanzania is failing to benefit from gold mining,“ [...]
Fund managers who invest in major mining companies need to make choices as to priorities of investment choices between the various players. A particular case which many fund managers may have been looking at recently is that between Anglo American and BHP Billiton - particularly relevant in South Africa where these two mining giants are [...]
Peter Hambro Mining plc issues this statement as an unaudited update on 2006 trading and in advance of its full year results announcement.
Trading Up-date Highlights for 2006
• Total attributable gold production increased by 5% to c.261,000 ounces
• Pokrovskiy Rudnik gold production increased by c.11%
• Gold recovery rates remained stable, even when treating primary ores, [...]
