As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]

Empire Oil & Gas N.L. is pleased to announce that the Western Australian State Government’s Department of Industry and Resources Petroleum Division provided formal approval on Friday 1 February 2008 for the Operator of the EP 426 Permit, Empire Oil Company (WA) Limited, to drill the Moriary-1 well.
Empire has also settled and received on 1 [...]

Harvest Gold Corporation is pleased to announce that it has begun its exploration program at the Rosebud Mine Project. The Company has reviewed much of the available data and reports from previous operators of the property, and has hired a geologist with previous experience at Rosebud to compile this information. The compilation and review [...]

Columbus Gold Corporation is pleased to announce the results of a reverse circulation drilling program at its Dutch Flat Property in Nevada, where Piedmont Mining Company, Inc., is earning an initial 51% interest by funding US$2 million in exploration expenditures.
Seventeen shallow angle holes, totaling approximately 685 metres (m) (2,550 feet), were drilled in an [...]

Golden Odyssey Mining Inc. announces the results of its follow-up drilling at the Morningstar property, Esmeralda County, Nevada. The target at Morningstar is a “world Class” deposit containing in excess of one million ounces of gold.
Previous work (reported earlier) has identified a large mineral system hosted by a sequence of strongly faulted calcareous and siliceous [...]

Bharat Earth Movers (BEML) has bagged orders valued at Rs 42 crore for supply of mining equipment and spares from Tunisia and Syria.
The orders have been bagged against stiff international competition from global players, according to a statement issued by BEML today.
“The machines, comprising 85 tonne rear dump trucks and motor graders, would be deployed [...]