Posts Tagged ‘Gold’

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Lafayette to resume mining in Rapu Rapu

December 1st, 2006
Lafayette to resume mining in Rapu Rapu

LAFAYETTE Philippines Inc., considered an environmental test case amid resurgent foreign investor interest in Philippine mining, is expected to resume commercial operation of its Rapu Rapu poly-metal mine this month, having so far passed environmental standards set by the Department of Environment and Natural Resources, an official said.
An independent team of experts led by Dr. [...]

Continental Minerals Corporation and Great China Mining Inc.: Completion of Merger With Great China Targeted for December, 2006

December 1st, 2006
Continental Minerals Corporation and Great China Mining Inc.: Completion of Merger With Great China Targeted for December, 2006

Gerald S. Panneton, President and CEO of Continental Minerals Corporation and Anthony Garson, President and CEO of Great China Mining Inc. announce that the Registration Statement on Form F-4 (the “Registration Statement”) filed by Continental and Great China with the United States Securities and Exchange Commission (the “SEC”) has been declared effective. The Registration Statement [...]

Zimbabwe: Mining Stakeholders On Business Trip to Zambia

December 1st, 2006
Zimbabwe: Mining Stakeholders On Business Trip to Zambia

STAKEHOLDERS in the mining sector are in Zambia on a four-day business trip to establish investment opportunities in that country in a move that is set to benefit the country’s mining industry.
The delegation includes officials from the Ministry of Mines and Mining Development, members of the Zimbabwe Miners’ Federation and other stakeholders in the mining [...]

China Coal raising up to $1.7 bln in IPO

November 29th, 2006
China Coal raising up to $1.7 bln in IPO

China’s second-biggest coal group by revenue, China Coal Energy Co., is set to raise up to US$1.7 billion (HK$13.3 billion) in a Hong Kong IPO after setting an indicative price range of HK$3.20 to HK$4.05 a share, a person familiar with the deal said on Wednesday.
China Coal, which kicked off its formal IPO marketing [...]

Mining co’s help fund Australia’s Virax African HIV trial

November 27th, 2006
Mining co’s help fund Australia’s Virax African HIV trial

Australian biotech firm Virax Holdings Ltd. said on Monday eight big mining companies had agreed to pay for trials of its HIV vaccine in South Africa, which is battling one of the world’s worst AIDS crises. Virax applied to South Africa’s drugs regulator in September for approval to conduct a clinical trial of its [...]

India: Gold prices continue to rise ahead of festive season

November 27th, 2006
India: Gold prices continue to rise ahead of festive season

New Delhi, Nov 27: Gold prices continued to rise on the bullion market today on sustained buying by stockists, influenced by a rising overseas trend and closed higher by Rs 10 at Rs 9,390 per ten grams.
The precious metal registered a gain of Rs 205 per ten grams in the last seven trading sessions, on [...]

Bravo Drilling at South Lone Mtn and Signal; Other Projects Updated

November 26th, 2006
Bravo Drilling at South Lone Mtn and Signal; Other Projects Updated

Bravo Venture Group, Inc. said today mud-rotary drilling is underway at the company’s South Lone Mountain project and reverse-circulation drilling continues at its Signal project, after an unanticipated delay. These are two of the company’s 13 projects (approximately 65 sq.mi.) in the Battle-Mountain/Eureka (Cortez) gold trend.
The first of four mud-rotary holes at South Lone Mountain [...]

Aurora Gold Corporation Is Pleased to Announce Drilling Has Begun on the Santa Isabel Property in the Tapajos Gold Province, State of Pará, Brazil

November 26th, 2006
Aurora Gold Corporation Is Pleased to Announce Drilling Has Begun on the Santa Isabel Property in the Tapajos Gold Province, State of Pará, Brazil

Aurora Gold Corporation, a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil, is pleased to announce drilling has begun on the Santa Isabel property in the Tapajos Gold Province, State of Pará, Brazil.
Exploration at the Santa Isabel property has focused on a series of parallel gold [...]