Hainan Mining to reduce connected transaction with Haigang Group
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale ...
View ArticleSilver has four reasons why its heading higher HSBC
HSBC says silver is looking better due to greater demand from jewelers, increased silver coin purchases, bullish investor demand for hard assets and growing need due to industrial applications. ...
View ArticleTullow shares up 5pc over Kenya drilling plan
Peter Flanagan - 14 February 2013 TULLOW Oil tossed shareholders a rare piece of good news when it announced an ambitious exploration and drilling programme in Kenya which could eventually see ...
View ArticleICAC to advise NSW govt on mining licences
ICAC Commissioner David Ipp will respond "as soon as possible" to NSW Premier Barry O'Farrell's request for advice on mining exploration licences in the NSW Hunter region, a ...
View ArticleArizona copper junior trades higher after prefeasibility announcement
positive prefeasibility study for Curis Resources' Florence copper project in central Arizona lifted the company's stock today. Curis Resources (TSE:CUV) jumped to a 52-week high on ...
View ArticleCentral bank bigwigs offered course on how to manage all their gold
looking after their gold reserves . According to the course description, participants will learn supply and demand, economic conditions and how asset prices impact gold in various currencies. ...
View Article4 miners die in central Philippine mining accident
Four coal miners died, while six remained trapped in an open pit mine after a landslide hit the central Philippine province of Antique.According to a statement issued Thursday by Semirara Mining ...
View ArticleBlake International Pens Drilling Gig
Blake International Rigs, LLC and ANKOR Energy LLC have entered into a contract to mobilize the Blake Rig 1505 onto the Vermillion 379 D platform. The contract term is 4 wells, to commence following ...
View Article$195 billion in metal and fuel will just fly past the earth
An asteroid, which is half the size of a football field and will fly past the earth on Friday, contains metal and fuel worth up to $195 billion, says asteroid miner Deep Space Industries. Asteroid ...
View ArticleBRIEF-Papua Mining raises 2.5 mln stg via placing
LONDON | Thu Feb 14, 2013 2:22am EST LONDON Feb 14 (Reuters) - Papua Mining PLC : * has raised 2,496,000 before expenses through the issue of 3,120,000 new Ordinary ...
View Article‘No Blue Skies Opportunities’ in South African Mining
Thapelo Mokhathi, a young South African with a decade of experience in the mining industry, is now finance director of Shumba Coal, a junior coal explorer operating in Botswana. Credit: Gavin du ...
View ArticleImage Resources assays show high grade heavy minerals over 7km strike
(MENAFN - ProactiveInvestors - Australia) Image Resources (ASX: IMA) has received a strong boost to Boonanarring mineral sands project with drill sample assays confirming that a high grade Valuable ...
View ArticleCleveland Mining Company raises A$7M to accelerate Brazilian gold production
(MENAFN - ProactiveInvestors - Australia) Cleveland Mining Company (ASX: CDG) has received firm commitments from institutional and sophisticated investors to raise 7 million.The funds raised will ...
View ArticlePrairie Downs Metals defines maiden 1.57 billion tonne thermal coal resource
(MENAFN - ProactiveInvestors - Australia) Prairie Downs Metals (ASX:PDZ) has identified 1.576 billion tonnes of high quality thermal coal in maiden resource at its Lublin coal project in Poland.The ...
View ArticleWesfarmers Profit Surges on Supermarkets as Mining Struggles
Australian conglomerate Wesfarmers Ltd. (WES.AU) said first-half net profit climbed 9.3% on strong sales at its Coles supermarket chain, even as earnings from its mining division slumped.Wesfarmers, ...
View ArticleMetals Stocks Gold prices struggle near 6-month lows
HONG KONG (MarketWatch) -- Gold futures on Thursday struggled for direction after sliding to six-month lows in the previous session, with a strengthened dollar and subdued demand amid holidays in ...
View ArticleCentral bank gold buying highest since 1964 – World Gold Council
JOHANNESBURG (miningweekly.com) – Gold demand measured on a value basis increased to an all-time record of $236.4-billion in 2012, with official-sector central bank buying rising to its highest ...
View ArticleAngloGold Ashanti holds off on Mali mines expansion
DAKAR - AngloGold Ashanti was to hold off on a $500-million expansion plan for its Sadiola joint venture mine in western Mali until the security situation became clearer, a company executive said on ...
View ArticleIndian Railways CIL to collaborate for additional coal transport capacity
KOLKATA (miningweekly.com)- The government-owned and operated Indian Railways and coal miner Coal India Limited (CIL) would collaborate on beefing-up coal transportation infrastructure within the ...
View ArticleAlumina sells 13 stake to China’s Citic for A$452m
PERTH (miningweekly.com) - China’s Citic group has made a A$452-million investment in aluminium major Alumina, taking a 13.04% stake in the company. Alumina on Thursday announced that Citic ...
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