Mechel OAO, one of the leading Russian mining and metals companies, announces that its Yakutugol OAO coal mining subsidiary has entered into a contract to acquire mining equipment for developing the Phase 1 pit to begin development of the Elga coal deposit.
The machinery manufactured by Komatsu was provided by Mining Solutions OOO, which specializes in [...]
Zaruma Resources Inc. provided a further update on the progress of the Luz del Cobre copper project in the State of Sonora, Mexico.
The Company stated that it has not yet been able to arrange additional project financing to finish the development and construction of the mine and production plant. Of the estimated US$37 million capital [...]
Golden Hope Mines announces the transfer of its diamond drill rig from the Timmins gold deposit to its Riviere des Plantes serpentinite target located in Bellechasse - Chaudiere Quebec.
The property was acquired in June of 2008. Subsequently, Golden Hope acquired additional continuous claims around the property.
The Riviere des Plantes property covers the strike extension of [...]
Zaruma Resources Inc. provided an update on the progress of the Luz del Cobre copper project in the State of Sonora, Mexico.
Field activity started in November, 2007, with open pit mining commencing in September, 2008 and the ore being stockpiled for expected crushing and stacking on the leach pad starting at the end of November. [...]
Zaruma Resources Inc., (TSX-ZMR), reports that a 2,000 metre drilling programme has started in the Sapo-Carrizo area located 7 kilometres west of the Luz del Cobre copper project, in the Company’s 11,300 hectare San Antonio property (Sonora, Mexico).
As previously reported, a number of targets with oxide copper mineralization have been identified in the Sapo-Carrizo area. [...]
Mega Uranium Ltd. report the favorable outcome of the Western Australia State election, which has resulted in the incumbent Labor Party government, which opposed uranium mining, being replaced by an alliance of the Liberal Party and National Party. As the two parties forming the new State Government both have policies that favor new uranium mine [...]
Yamiri Gold and Energy Inc. report positive news regarding the exploration and mining situation in La Rioja, Argentina, where the Company holds several excellent projects through its subsidiary, Yamiri S.A.
On August 7th 2008, the “anti-mining” law, previously approved by the La Rioja Provincial Legislature in March 2007, was over-turned and repealed by a vote [...]
Nirek Resources Inc announce the completion of a preliminary National Instrument 43-101 report on its Sarah Lake property in Quebec.
The preliminary 43-101 Technical Report was prepared by Fenton Scott, P.Eng., who is a Qualified Person. Mr. Scott has carried out site examinations on the property. The property is located 85 kilometres south of Wabush, Labrador [...]
Crosshair Exploration & Mining Corp. is pleased to announce the results of the updated independent NI 43-101 resource estimate on the C Zone and two new areas at its Central Mineral Belt (CMB) Uranium Project in Labrador.
The updated estimates include an indicated resource of 5.19 million pounds of uranium (U3O8) and additional inferred resources of [...]
Further to its press release of July 11, Sola Resource Corp. is pleased to announce that its 20,000 tonne bulk sampling and testing program on the diamond-bearing Carolina kimberlite pipe near Espigao d’Oeste in the State of Rondonia, Brazil is continuing to progress extremely well. The bulk-sampling program is currently focusing upon the outcropping saprolitic [...]
