BacTech Mining Corporation has applied for $10 million in government funding to build a pilot bioleach plant in the Cobalt area of Northern Ontario to neutralize the arsenic-laden tailings dumped there in the early 1900s. High grade silver was discovered in the Cobalt area in 1903, which led to a Klondike-like rush. Between 1903 and [...]

Perth-based emerging copper miner Tiger Resources Ltd announce that it has reached agreement with Aurum sprl to restructure the existing joint venture between the two companies.
Tiger’s strategy is to focus on the discovery of copper/cobalt deposits within a radius of 25kms (trucking distance) around its lead Kipoi Project, which is located approximately 75 kms north [...]

Denison Mines Corp. announced the discovery of three new zones of mineralization at its Mutanga uranium project in Zambia. The new zones were discovered during the drilling of the first three targets of Denison’s 2008 exploration program. The most significant hole (DMD77600-03) included 12.5 metres of 1,204 ppm eU3O8 at a depth of only 74 [...]

Rio Tinto and General Electric announced that they are working together on two key strategic technology projects, Rio Tinto’s ‘Mine of the Future™’ and GE’s ‘Ecomagination’”, to develop the most energy efficient and ecologically friendly solutions to support the future of mining.
Combining GE’s expertise in environmental technologies with Rio Tinto’s deep mining knowledge creates a [...]

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 [...]

Bannerman Resources Ltd, an Australian-based uranium exploration and mine development company, is pleased to present a summary of corporate and project activity for the second quarter of 2008. Please see Bannerman’s “Mining exploration entity quarterly report (Appendix Form 5B)” and “Quarterly Activities Report” filed on SEDAR and available on the Company’s website, www.bannermanresources.com.
Goanikontes Anomaly A [...]

This is a 70 per cent jump on the sector’s current employment levels.
The council is forecasting 6 per cent annual employment growth for the sector – double the Federal Government’s forecast of 3 per cent yearly growth.
The greatest demand will be for skilled trades, with the Minerals Council expecting another 31,000 skilled workers will be [...]

Emerging nickel producer Nickelore Limited (ASX: NIO.AX) is pleased to announce completion of the Share Purchase Plan, which raised a total of $0.25 million via the issue of 3,621,467 fully paid ordinary shares. In addition, the Company has raised a further $0.27 million from the sale of listed investments at a profit.
The Company previously announced [...]

Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 [...]

China’s largest nickel producer, Jinchuan Group Ltd, has taken a 11 per cent equity stake in Perth-headquartered nickel explorer and producer Fox Resources Ltd.
The news sent Fox shares north, up 15 cents, or 30.93 per cent, to 63.5 cents at 1229 AEDT on Monday.
Jinchuan secured statutory approvals from the Chinese Government and the Provincial Government [...]