Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

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Kat Exploration Announces “Rusty Ridge” Property Ready for Drilling

Kat Exploration announce that exploration on it’s “Rusty Ridge” (IOCG) property was highly successful in identifying coincidental magnetic IP resistivity and soil geochemical anomalies that suggest potential for a body of Iron Oxide +/- Base, Precious and Rare Earth type mineralization, similar in style and setting to the giant Olympic Dam deposit in Australia. Olympic Dam and related... 

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CanAlaska to undertake uranium exploration with Chinese mining partner

CanAlaska Uranium Ltd. announce that it has entered into a Memorandum of Understanding with East Nickel Mining Inc. to undertake joint exploration for uranium on its 100%-owned North East Wollaston Project. As outlined in the MOU, ERI may earn a 40% interest in the Project by undertaking a minimum of 100,000 metres of diamond drilling within 5 years. ERI may earn a 70% interest in the Project by undertaking... 

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12 months after Sago mine explosion, coal industry still changing

Many of the safety measures state legislatures and Congress rushed to adopt to protect the 46,000 people working in the nation’s underground coal mines after the Jan. 2. Sago Mine explosion have yet to take effect. There are still no rescue chambers or wireless tracking and communications equipment in the country’s 606 underground coal mines, and it’s unlikely there will be until... 

South Africa: Mining Licence Delay Costs Sallies R50 Million

THE cost in lost revenue to fluorspar producer Sallies of a nine-month delay in the minerals and energy department granting it a mining licence was about R50m, it emerged from the company’s annual financial results released yesterday. This represented the difference between the 150000 wet metric tons that the company could have produced and the 94885 tons that it was able to produce in the year... 

Minco Mining Cancels the Proposed Distribution of Minco Silver Shares

Minco Mining & Metals Corporation has decided not to proceed with the proposed distribution of up to 6.5 million Minco Silver Corporation (“Minco Silver”) common shares held by the Company (the “Proposed Distribution”). The Proposed Distribution has proven to be a complex and costly process, particularly to the Company’s US shareholder base, and would have subjected... 

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