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Queenston Mining Reported New Drilling Results Expanding Gold-Copper Mineralization


Queenston Mining Inc. has announced that the new drilling results expand the gold-copper mineralization at their wholly owned Upper Beaver property. The property is located in Kirkland Lake, Ontario.
The ongoing drill program uses 3 rigs which provide infill drilling to upgrade the current NI 43-101 mineral resource as well as expands the deposit along strike [...]

Gold Prices Increase on Falling Supply and Rising Demand


February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]

Gold Producer Riozim Plans Increase Gold Production From 60 Kg To 80 Kg Per Month


Zimbabwean mining company RioZim plans to ramp up gold production to 80 kg a month from the current 60 kg at its Renco mine by the end of the year, the company’s managing director said on Tuesday.
RioZim, previously owned by Rio Tinto , operates Renco gold mine in southern Zimbabwe and is a 22 percent [...]

Queensland Mining Corporation To Drill Morris Creek Copper Prospect, Near Cudeco Deposit


Aspiring copper and gold company Queensland Mining Corporation Ltd will soon put the drill to the hole at its Morris Creek prospect which is immediately adjacent to CuDeco’s Rocklands Copper Project near Cloncurry in northwestern Queensland.

Antioquia Gold Drilling Colombian Assets


Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]

Producers Of Iron Ore And Coal In South Africa Benefit Demand From China


The growth of the industrial sector in China to provide benefits to the mining company in South Africa, especially producers of iron ore and coal. China is a country that has a demand of iron ore and coal the largest at this time.

BHP Reported The Production Of Iron Ore In The Fourth Quarter Decreased 10 Percent


BHP Billiton is the largest companies based in Melbourne. BHP Billiton is one of the largest mining company producing iron ore after Rio Tinto, Vale. The three companies are companies that supply the world supply of iron ore.

Anglogold Started Re-Exploration And Production Of Gold Mines In Guinea


AngloGold Ashanti is a mining company in the largest gold mine exploration in the world. The Company has mining region ekplosrasi gold mine in Guinea. In the year 2008, the exploration of gold mines that come from Guinea and 333,000 ounces in 2009 in the first quarter gold production reached 88,000 ounces.

A Company Will Be Exploring The Mine New Gold Mine In The Livengood


An exploration company plans to spend around $8 million firming up data on a gold deposit near Livengood that it said could prove up on par with Fort Knox.
International Tower Hills president and CEO Jeff Pontius said he expects to release a revised resource estimate at the end of June and the results of an [...]