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Bullion Monarch Mining Income Third Quarter Report : Revenues Increased 49 percent, Increase Volume from Newmont Mining Operation
Precious metals royalty and resource development company, Bullion Monarch Mining announced record quarterly revenue of US$1.5 million for the company’s third quarter ended January 31, 2010, up approximately 49% from the same period in 2009.
The jump in revenues was due to increased grades and volume at the Leeville underground gold mine in Nevada’s Carlin [...]
Gold Canyon Outlines Multi-Phase Exploration Program for Springpole Gold Project
Gold Canyon Resources Inc. is pleased to announce that it has recently completed the comprehensive review of its 100% controlled Springpole Gold Project, located in the Red Lake Mining District of Ontario, Canada.
South Africa Will Open A Coal Mine In Waterberg Coal Basin
South Africa plans new coal mines opening in the Waterberg coal basin. New coal mines will replace the coal mines that have been depleted in the Highveld, Witbank and Ermello coalfields in Mpumalanga. The opening ceremony of this coal mines in order to anticipate increased demand for coal is expected to rise in 2010 until [...]
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
Iron Ore Producer Begins Explore Iron Ore Mine Deposit In Pilbara
The two deposits, Chloe and Willy, are within Atlas’s Olivia target area and contain sought-after direct-shipping ore, which requires no processing. Atlas said the deposits were at or near surface. They required further drilling to define their extent.
The company emphasised very low phosphorus levels within the targets, which bodes well for future blending opportunities to [...]
Gryphon Gold Conference Call Re: Nevada Eagle Resources LLC
Gryphon Gold Corporation : Gryphon Gold will hold a conference call on July 12, 2007 at 10:00am Pacific time to discuss the recent acquisition of Nevada Eagle Resources LLC (”Nevada Eagle”), a privately held Nevada corporation.
To participate in the live conference call please use the following dial in phone numbers:
416-406-6419 / 888-575-8232.
A replay of the [...]
IEA Senior Adviser Gives Insight Into China’s Renewable Energy Development
Francois Nguyen, senior policy adviser with Paris-based International Energy Agency (IEA), gave insight into China’s development of renewable energy during an exclusive interview with Interfax while attending the 2007 Power & Alternative Energy Summit held in Beijing.
Nguyen believes that China has huge growth potential in the renewable energy sector and faces golden opportunities for investment [...]
The price of coal is poised to rebound on demand from China
The price of coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The country gets 78 percent of its electricity [...]
Coal Surge Seen by Mobius as China’s Imports Increase (Update2)
Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]
