Australia

News tagged with Australia on Mining Top News

Silver Dragon to Commence Update of NI 43-101 Technical Report for Cerro las Minitas, Mexico

August 14th, 2008
Silver Dragon to Commence Update of NI 43-101 Technical Report for Cerro las Minitas, Mexico

Silver Dragon Resources Inc. announce that the Company has signed an agreement with Vector Engineering Inc. of Grass Valley, California to update a previously prepared National Instrument 43-101 technical report (see new releases dated February 6, 2007 and August 30, 2006).
The updated NI-43-101 technical report will cover five (5) new mineralized zones which were discovered [...]

Coeur Announces Appointment of Humberto Rada as President of Manquiri and of Coeur South America

August 12th, 2008
Coeur Announces Appointment of Humberto Rada as President of Manquiri and of Coeur South America

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 [...]

Sentry Petroleum Initiates Seismic Analysis on ATP 865 and Advances 2008 Exploration Strategy

August 11th, 2008
Sentry Petroleum Initiates Seismic Analysis on ATP 865 and Advances 2008 Exploration Strategy

Oil and gas exploration company Sentry Petroleum Ltd. announced today that it has commenced seismic data analysis on ATP 865 for the Company’s upcoming 2008 exploration program. MBA Petroleum Consultants, a leading independent evaluator, has been retained to provide an assessment of ATP 865 and the Company’s existing leads and prospect. MBA is presently loading [...]

Cameco Completes Kintyre Acquisition

August 11th, 2008
Cameco Completes Kintyre Acquisition

Cameco Corporation announced today that it has completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]

Denham Capital to Invest $165 Million in Multi-Shot LLC

August 11th, 2008
Denham Capital to Invest $165 Million in Multi-Shot LLC

Multi-Shot, LLC and Denham Capital announced that Denham will make a majority equity investment of $165 million in Multi-Shot, a leading independent provider of directional drilling services in the North American oilfield services industry.
Multi-Shot, headquartered in Conroe, Texas, is an independent directional drilling services company. The Company operates throughout the continental United States. It has [...]

Wits Basin Signs Iron Ore Definitive Purchase Contract

August 11th, 2008
Wits Basin Signs Iron Ore Definitive Purchase Contract

Wits Basin Precious Minerals Inc. announce the signing of purchase contracts for the acquisition of a producing iron ore mine, a separate, nearby drill-indicated iron ore resource, and a processing plant located near Maanshan, Anhui Province in the People’s Republic of China.
The producing mine and the drill-indicated resource total more than 94 million tonnes of [...]

Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering

August 8th, 2008
Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering

Rio Tinto announced today that its wholly owned subsidiary, Cloud Peak Energy Inc., has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC) in connection with Cloud Peak Energy’s proposed initial public offering (IPO) of its common stock. Cloud Peak Energy, comprised of most of the North American [...]

Ritchie Bros. Auctioneers achieves over $1 billion of gross auction proceeds in second quarter and increases dividend

August 8th, 2008
Ritchie Bros. Auctioneers achieves over $1 billion of gross auction proceeds in second quarter and increases dividend

Ritchie Bros. Auctioneers Incorporated announces another record-breaking quarter, with quarterly gross auction proceeds exceeding $1 billion for the first time. Net earnings for the six months ended June 30, 2008 reached $62.3 million, or $0.59 per diluted weighted average share. Net earnings for the first half of 2008 would have been $55.0 million, or $0.52 [...]

Xstrata Copper Announces C$121 Million Investment to Extend Kidd Mine

August 6th, 2008
Xstrata Copper Announces C$121 Million Investment to Extend Kidd Mine

Xstrata Copper announces investment of C$121 million to deepen and extend the life of the underground Kidd Mine located in the Timmins area of Northern Ontario, Canada.
Already the world’s deepest copper and zinc mine, the latest project will extend the mining zone at Mine D from 9,100 feet to 9,500 feet, improving the production profile [...]

Strongbow Resources, Inc. Receives Exploration Work Approval to Drill 20 Holes On Cameron’s Corner Exploration License

August 6th, 2008
Strongbow Resources, Inc. Receives Exploration Work Approval to Drill 20 Holes On Cameron’s Corner Exploration License

Strongbow Resources, Inc., a uranium exploration and development company, through its CEO Darren Hayes, today announced that it has received government approval to immediately commence drilling a series of 20 exploratory test holes at Cameron’s Corner. The Cameron’s Corner area, located on the border of Queensland and New South Wales in Southern Australia, is an [...]