Alamos on verge of derailing Hecla bid for Aurizon as battle builds
(AGI-T) made an unsolicited cash and share bid for Aurizon worth $780 million. Aurizon formed a committee, assessed Alamos' bid, and soon recommended that its shareholders reject the ...
View ArticleDRILLING Oldenburg introduces user friendly face pattern system
, a leading innovator in underground mining equipment, has introduced a new face pattern system with an intuitive display interface that makes it easier for operators to execute drill patterns. ...
View ArticleGOLD New resource numbers for Akasaba
. has filed a 43-101 resource report for its 100% owned Akasaba project near Val d'Or. The current resources is twice as large as the one reported a year ago. The deposit contains an indicated ...
View ArticleTEST Synthetic rutile concentrate produced
) concentrate has been produced in pilot tests on material from the Magpie iron-titanium-vanadium-chromium project east of Sept-Iles. The high grade concentrate has the potential to be used for both ...
View ArticleTAILINGS Newalta to reprocess Shells oil sands tails
to process mature fine tailings from Shell's Jackpine oil sands mine near Fort McMurray. Newalta expects to complete the design and installation of two large bowl centrifuges over the next six ...
View ArticleArtisans slam mining chief on illegal larimar exports
Santo Domingo.- The artisans of the barrios grouped in Frebadeco on Tuesday denounced the illegal export of raw larimar, which in their view threatens the country's handicraft production. ...
View ArticleP.M. Kitco Metals Roundup Comex Gold Ends Weaker in Choppy Trading Stronger...
Gold prices ended a very choppy U.S. trading session with modest losses Wednesday. A stronger U.S. dollar index that hit a fresh 7.5-month Wednesday pressured most commodity markets on the day, ...
View ArticleTwo in court for possessing illegal mining materials
Tarkwa, March 13, GNA- Tarkwa Circuit Court in Tarkwa, has granted GH40,000 bail to Emmanuel Kwofie, driver and Samuel Agormedah, an illegal miner for having in their possession dredging materials ...
View ArticleBotswana advised to turn focus to power generation not exports
JOHANNESBURG (miningweekly.com) - Given Botswana’s vast coal reserves, which were estimated at 200-billion tons, the country’s coal mining industry should seek to encourage investment and ...
View ArticleCommission decision on DRAELB JV expected within 3 months
JOHANNESBURG (miningweekly.com) – Materials handling groups DRA and ELB expected the Competition Comission to approve their proposed ARDBEL joint venture (JV) within three months, DRA said in a ...
View ArticleCanadas Cameco to sell uranium soon to China - Saskatchewan
Canada's Cameco will begin exporting uranium to China soon, according to the premier of the resource-rich province of Saskatchewan. Saskatchewan-based Cameco signed an agreement in 2010 to ...
View ArticlePassport Potash announces low-cost metrics for flagship Arizona project
TORONTO (miningweekly.com) – Canada’s Passport Potash on Wednesday announced results of a preliminary economic assessment (PEA), which placed a $3.25-billion pretax net present value ...
View ArticleDiamcor completes equipment upgrades in anticipation of license
TORONTO (miningweekly.com) – South Africa-focused diamond junior Diamcor has completed upgrading its in-field equipment at the Krone-Endora at Venetia diamond project, in Limpopo, in ...
View ArticleAlacer Gold books full-year loss on Q4 Australian asset impairments
TORONTO (miningweekly.com) – Dual-listed Alacer Gold on Wednesday reported a net loss of $386-million for the 2012 financial year, owing to the company booking a $490-million write-down of its ...
View ArticleChristies to auction perfect diamond
Auction house Christie's says it will put up for auction "one of the world's most perfect diamonds" - a new colourless, pear-shaped gem weighing 101.73 carats.In the rough, the ...
View ArticleMagazines Communities fear eviction following discovery of minerals
By FRANCIS AYIEKO Communities residing in areas targeted for mineral explorations and development of resort cities are living in fear of being displaced, a new survey shows. Land experts ...
View ArticleVista Gold Corp. Announces 2012 Results and Provides Update on Recent Activities
March 13, 2013 /CNW/ - Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its audited financial results and highlights for the ...
View ArticlePrivate equity financing fills mining hole
Private equity interest in mining is surging as Canada's cash-strapped miners look for financing alternatives to fill the hole left by reluctant debt and equity financing markets.In 2012, such ...
View ArticleChinas refined copper output up 10.8 in Feb
China's refined copper output hit 483,000 tonnes in February this year, 10.8% more than in the same month of last year, according to statistics released by the National Bureau of Statistics. In ...
View ArticlePan American Goldfields Ltd. Reports on Results of Metallurgical Testing and...
March 13, 2013 /CNW/ - Pan American Goldfields Ltd. (OTCQB: "MXOM") (the "Company") is pleased to report the results of a comprehensive metallurgical testing program performed on ...
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