Zephyr Minerals Ltd. Awards Drill Contract for Dawson Gold Drill Program
March 15, 2013 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" or the "Company") (TSXV: ZFR) is pleased to announce that it has awarded a diamond drill contract to Godbe Drilling LLC of Montrose, Colorado, to...
View ArticleMetalex partners with Dundee to develop U2 kimberlite pipe
March 15, 2013 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to announce the signing of the earn-in agreement with Dundee Corporation ("Dundee") wherein Dundee or its...
View ArticleZonte Metals Identifies New Targets at Wings Point Gold Project and Re-Prices...
March 15, 2013 /CNW/ - The company is pleased to announce partial results from a 52.5-line kilometre induced polarization survey carried out during the fall of 2012. The survey was completed on 8...
View ArticlePark authority requests further info – Sirius Minerals
JOHANNESBURG (miningweekly.com) – Prior to granting planning approval for Aim-listed Sirius Minerals’ York potash project, in the UK, the North York Moors National Park Authority (NYMNPA) and its...
View ArticleSA Inc. approach required to deal with ‘unsustainable’ labour situationAveng...
South African construction and engineering group Aveng has warned that ongoing labour unrest – which lopped R123-billion, or 23%, off its profits during the interim period to December 31, 2012 – not...
View ArticleStatoil Secures Rig for Angola Exploration
Stena Carron (UDW drillship) vessel for a three-year contract that will see the rig use for exploration drilling in two pre-salt blocks in the Kwanza Basin, offshore Angola. The contract, managed by...
View ArticleSHFE copper balances on inventories US payrolls
Chinese commodity futures stabilized last week on positive unemployment data out of the US, though a projected supply surplus weighed on copper prices. The most traded copper contract on the Shanghai...
View ArticleMetals Stocks Gold edges higher taking cues from dollar
SAN FRANCISCO (MarketWatch) -- Gold prices inched higher Friday, poised for a weekly gain, thanks in part to a dollar that weakened after a bucket of U.S. ...
View ArticleGerman researchers develop mineral as flexible as rubber
German scientists have created a new synthetic hybrid material with a 90% mineral content that is a malleable as rubber. The experts at Johannes Gutenberg University Mainz and the Max Planck Institute...
View ArticleHundreds of workers sacked at BHPs Escondida in Chile
About 600 contract employees at BHP Billiton's (ASX, NYSE: BHP) Escondida copper mine in northern Chile have been fired as a result of their involvement in demonstrations that took place between...
View ArticleINFOGRAPHIC How to become rich by digging gold from landfills
Landfills may soon become a Mecca for gold diggers as millions of dollars worth of this and other precious metals are sitting there, waiting to be found in the components that make up most out-dated ...
View ArticleShell Criticized for Poor Oversight of Arctic Drilling
Interior Department officials, in a report released Thursday, faulted Shell Oil for poor oversight of contractors during a troubled season of exploration in the Arctic last year off Alaska. The...
View ArticleRussian aluminium giant suspends operations at Nigerian smelter
Nigeria due to an on-going ownership dispute.The decision was also influenced by its inability to secure sustainable gas supplies and the falling price of aluminium, said the company. Rusal, the...
View ArticleWesdome Gold Mines Ltd 2012 annual and fourth quarter results
March 15, 2013 /CNW/ - Wesdome Gold Mines Ltd (TSX: WDO) ("Wesdome" or the "Company") reports its financial and operating results from its Canadian operations for the year ...
View ArticleArcelorMittal completes the first instalment of its sale of a 15 interest in...
March 15, 2013 /CNW Telbec/ - ArcelorMittal announces today the completion of the first instalment of the previously announced investment by a consortium led by POSCO ...
View ArticleWorld Bank Reliable Afghan Power Critical to Investment
KABUL Afghanistan must make improving its power infrastructure a top priority to exploit vast mineral deposits and attract more foreign investors, the head of the World Bank said Thursday. Kabul hopes...
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Gold miner Centamin raises production forecast for 2013
LONDON - Gold miner Centamin expects 22 per cent increase in production from its Sukari mine in Egypt in 2013 to reach 320,000 ounces, marking a possible third consecutive year of growth for the...
View ArticleTwo dead during eviction of illegal miners in northern Peru
). The newspaper reports some 500 miners armed with stones and explosives clashed with police in incidents at La Libertad, about 300 km south of the gold-rich Cajamarca region. Locals have been...
View ArticleNisga’a objections no reason to stop Kitsault says mining company
Kitsault, 140 kilometres north of Prince Rupert, was abandoned when molybdenum mine closed because of low prices. Avanti Mining of Vancouver wants to reopen ...
View ArticleMETALS OUTLOOK Gold Market Will Watch Equities FOMC Meeting
The direction of equity markets and a meeting by the U.S. Federal Reserve will be watched by gold market participants next week to see if the yellow metal will finally break above $1,600 an ounce....
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