Australian-American Mining Corporation raises $0.9M in first tranche
(MENAFN - ProactiveInvestors - Australia) Australian-American Mining Corporation (ASX:AIW) has placed 21,558,533 shares at 0.042 per share to raise 905,000 before costs.Funds to be used for continued ...
View ArticleGuinea’s mining review to include all producers
Fofana emphasised that there would be no revision of the 2011 deal, but said the review would incorporate it with the agreement that first allowed Rio to develop the ore ...
View ArticleMetals Stocks Gold futures slip along with euro
SYDNEY (MarketWatch) -- Gold futures slipped on Tuesday, as a ramp-up in pressure on the euro due to renewed concern about Europe outweighed the metal's safe-haven ...
View ArticleIMX appoints advisor for Mt Woods assessment
PERTH (miningweekly.com) - Metals miner IMX Resources has appointed a corporate advisor to assess options for its Mount Woods magnetite project, in South Australia. Azure Capital has been ...
View ArticleSilver superpit given the go - MacPhersons
PERTH (miningweekly.com) - Metals miner MacPhersons Resources has started the tendering process to expand its Nimbus silver-zinc-gold project, in Western Australia, after optimisation studies ...
View ArticleRio Tinto signs land use agreement with traditional leaders
PERTH (miningweekly.com) - Mining giant Rio Tinto sealed a land use partnership with the Yinhawangka traditional owners in the Pilbara, allowing for the expansion of its iron-ore operations. The ...
View ArticleCFI abandons Discovery Metals takeover
PERTH (miningweekly.com) - ASX-listed Discovery Metals on Tuesday told shareholders it would continue to focus on its Boseto copper project, after Chinese bidder Cathay Fortune Investment (CFI) ...
View ArticleGolden Rim declares 185 000 oz maiden resource at Burkina Faso project
PERTH (miningweekly.com) - Junior Golden Rim Resources has reported a maiden mineral resource estimate of 185 000 oz of gold at the Netiana Lodes, which forms part of its Balogo project, in Burkina ...
View ArticleQualified Canadians werent rejected HD Mining
A company criticized for hiring temporary foreign workers for a northern B.C. coal mine is dismissing allegations that it rejected the resumes of several Canadian applicants who were qualified to do ...
View ArticleFocus warns of half year loss CEO quits
taking up the role of acting CEO and executive chairperson, effective immediately. Taig, who has extensive senior management experience, would be supported by the company’s senior leadership ...
View ArticleNortham Platinum expects interim earnings to be lower
JOHANNESBURG (miningweekly.com) – JSE-listed Northam Platinum expected its earnings and headline earnings a share for the six months ended December 31, 2012, to be between 30% and 45% lower ...
View ArticleDeep Yellow gets licence for Namib iron project
PERTH (miningweekly.com) - Namibia-focused Deep Yellow has been awarded a mining licence for its Shiyela iron-ore project, by the Ministry of Mines and Energy. The mining licence covers some 54.02 ...
View ArticleAtlas adds to its Pilbara reserves
PERTH (miningweekly.com) - Iron-ore miner Atlas Iron has increased its total Pilbara iron reserve by some 21%, to 499-million tons, further strengthening its existing operations, and the near-term ...
View ArticleAustralia trade deficit shrinks exports to China rise
SYDNEY - Australia's trade deficit shrank by more than expected in December as the resource-rich nation shipped more iron ore to China, underpinning both mining profits and economic growth. ...
View ArticlePort Hedland Jan iron ore exports to China down 9 after cyclone
SYDNEY - Iron ore exports to China from Australia's Port Hedland, a strong indicator of Chinese industrial activity, decreased by 9% in January, though disruptions caused by a cyclone late in ...
View ArticleNcondenzi strengthens management to drive expansion into power
said the pair would provide expertise in both energy generation and transmission, which would be invaluable as the company transformed from a coal explorer into a power generation company. ...
View ArticleMinerals Technologies to Provide Fulfill High-Filler Technology to Major...
Minerals Technologies Inc., announced today that it has signed a commercial agreement with a major North American paper company to provide Fulfill(TM) E-325, a new, high-filler technology, at a paper ...
View ArticleSenate sets inquiry on Philex mining spill
Sen. Sergio Osmea III. FILE PHOTO MANILA, Philippines--The Senate has set an inquiry into the ';unprecedented'; mine spill that occurred at a mining site of Philex Mining Corporation in the ...
View ArticleMining code change threatening investment – Randgold
CAPE TOWN (miningweekly.com) – Mining code changes proposed by a number of African countries would deter further investment, Randgold Resources chief ...
View ArticleArmour Engages Drilling Contractor for its 2013 Drilling Program
Armour Energy revealed Tuesday that it has entered into a contract with Silver City Drilling for a series of wells in the onshore McArthur, Isa Super and South Nicholson basins. Under the agreement, ...
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