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Mine Development by Barrick Gold Temporarily Halt, Waiting Analysis Environments Results
Barrick Gold Corp.’s expansion of a Nevada mine must be halted until the federal government completes an environmental analysis to comply with an appeals court order, American Indian tribes said today.
An appeals court in San Francisco on Dec. 4 ordered U.S. District Judge Larry Hicks in Reno, Nevada, to limit production from the mine pending [...]
Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry
India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.
Rusoro Mining Takeover Gold Reserve Bid Brisa Gold Mine Property in Venezuela
Rusoro Mining said on Tuesday it had withdrawn its hostile takeover offer for Gold Reserve, after a Canadian court granted an injunction halting the bid.
South Africa to Curb Uranium Exports to Ensure Supply
South Africa, which has Africa’s biggest uranium reserves, may limit exports of the metal to ensure sufficient supply of fuel for its existing and planned nuclear power plants.
Minerals and Energy Minister Buyelwa Sonjica should approve the policy within the next few weeks, Bheki Khumalo, spokesman for the Department of Minerals and Energy, said in an [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
RP on cusp of mining boom amid buoyant metals prices
Boosted by soaring ore prices, cheap capital and a more investor-friendly regime, mining companies are rushing in and snapping up tenements in the Philippines seeking to profit from the developing world’s industrial boom, experts say.
From majors like BHP Billiton, Anglo-American and Xstrata to bare-bones exploration outfits, they are betting hundreds of millions of dollars that [...]
Silver Dragon Resources Inc. (OTCBB: SDRG) is pleased to announce that it has commissioned Ausenco International Pty Ltd. of Brisbane, Queensland, Australia to evaluate the current status and prepare a Project Development Plan which will outline the steps for executing a Chinese Feasibility Study for obtaining all necessary permits and the NI 43-101 technical report required for its Erbahuo Silver Mine Project in Northern China.
Silver Dragon Resources Inc. is pleased to announce that it has commissioned Ausenco International Pty Ltd. of Brisbane, Queensland, Australia to evaluate the current status and prepare a Project Development Plan which will outline the steps for executing a Chinese Feasibility Study for obtaining all necessary permits and the NI 43-101 technical report required for [...]
lbidon progresses on nickel and zinc while partner company outlines uranium anomalies
Albidon Ltd listed on both AIM and the ASX in March 2004 with a view to developing its portfolio of nickel-platinum projects in Southern Africa. The ticker symbol is ALD on AIM and ALB on the ASX; market capitalisation is approximately £109 million or US$215 million. The company states that its strategy is threefold: to [...]
Nigeria: Obasanjo Signs New Mining Law
President Olusegun Obasanjo yesterday signed the Mining Bill into law, predicting a new dawn for the country’s mining industry. He said the new mining law was bound to accelerate foreign direct investment in the sector.
The President whose speech was read by the Secretary to the Government of the Federation Chief Ufot Ekaette at the opening [...]
