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Australian Mining Sector Plans To Develop Mine Exploration and Production
Australian miners are famous for outsourcing. It may sound bizarre to some, but a listed mining company doesn’t necessarily need internal expertise in exploration, drilling, metallurgy, construction or mining, due to the wealth of service providers willing to do those tasks.
Australian Mining IPO Index Companies, Australia Fizzle as Losses in Uranium
Australian initial public offerings may lose money for a second straight year in 2008 as investors retreat from unprofitable commodity explorers and financial companies infected by losses from subprime mortgages.
Bloomberg’s Australian IPO index of 243 companies that went public in the past year fell 2.2 percent in 2007 while the S&P/ASX 200 Index rose 17 [...]
Champion Bear announces diamond drill results on its Sudbury area Halcyon property
Champion Bear Resources Ltd. (”Champion Bear”) has received the final assay results from its recently completed drill program at its Halcyon property located in Parkin Township, northeast of Sudbury, Ontario. Anomalous nickel mineralization ranging from 147 to 611 ppm Ni was encountered at shallow depth in sheared mafic volcanics at or near the intersection of [...]
Australian drilling firm plans $2 billion share sale
Boart Longyear, a drilling company controlled by a Macquarie Bank-led group, plans to raise as much as 2.65 billion Australian dollars, or $2.1 billion, in Australia’s largest initial share sale in nine years.
It is offering shares between 1.76 dollars and 2.10 dollars each, the Sydney company said Thursday. The sale will be completed April 3, [...]
Australian drilling firm plans $2 billion share sale
Boart Longyear, a drilling company controlled by a Macquarie Bank-led group, plans to raise as much as 2.65 billion Australian dollars, or $2.1 billion, in Australia’s largest initial share sale in nine years.
It is offering shares between 1.76 dollars and 2.10 dollars each, the Sydney company said Thursday. The sale will be completed April 3, [...]
Denison Mines to Drill Huard-Kirsch Lakes Uranium Property, Athabasca, Saskatchewan
Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) announce that Denison Mines Corp. (TSX: DML) has informed the Company that a diamond drill program on the Huard-Kirsch Lakes property is planned for March 2007. The Huard-Kirsch Lakes property is located in the eastern Athabasca Basin of northern Saskatchewan and is situated approximately 20 km to [...]
Entree Gold Prepares for Drilling Sol Dos Copper Property in Arizona
Entree Gold Inc. (TSX: ETG)(AMEX: EGI)(FWB: EKA) (”Entree” or the “Company”) reports that results from the geophysical survey completed on its Sol Dos Property, Arizona have been received and evaluated. Drill targets have been identified and documentation has been submitted to the Bureau of Land Management (”BLM”) for permitting of the proposed follow-up exploration program. [...]
Entree Gold Prepares for Drilling Sol Dos Copper Property in Arizona
Entree Gold Inc. (TSX: ETG)(AMEX: EGI)(FWB: EKA) (”Entree” or the “Company”) reports that results from the geophysical survey completed on its Sol Dos Property, Arizona have been received and evaluated. Drill targets have been identified and documentation has been submitted to the Bureau of Land Management (”BLM”) for permitting of the proposed follow-up exploration program. [...]
Rockgate Capital Corp.: Falea Uranium Copper Project Drilling Contract Signed, Exploration Program Commencing
Rockgate Capital Corp. (”Rockgate”) is pleased to announce that its joint venture partner Delta Explorations Inc. (”Delta”) has signed a contract with BLY Mali S.A. (”BLY”) a subsidiary of Boart Longyear Inc. to provide diamond drilling services on the Falea Uranium-Copper Property located in western Mali, West Africa.
Mobilization of the drilling equipment and technical team [...]
