Search Results
Oyu Tolgoi Copper-Gold Project : Mongolian Delay Approval Copper-Gold Project Investment, Rio Tinto and Chinalco Reconciliation
Mongolian government has delayed approval to invest U.S. $ 6.8 committed to developing exploration projects of copper-gold mining Oyu Tolgoi. Mongolian government refusal to open the opportunity for Rio Tinto and Chinalco to resume reconciliation talks the two mining companies.
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 [...]
Gold Mining Company, Alamos Gold’s Reported Gold Mine Exploration Increase 21 Percent From Sonora Mine, Mexico
In March of this year, Alamos Gold announced an increase of 21 percent in proven and probable reserves at its 100% owned Mulatos gold mine in Sonora Mexico. Coincident with the reserve increase was a decrease in measured and indicated resources of 14 percent (as those moved up into the reserve category), but an increase [...]
Mining Companies Agreement, Aviva Corporation Sign Agreement With Canadian Coal Mine Producer
Aviva Corporation Limited announced that it had agreed to a merger with Canadian coal producer Northern Energy & Mining Inc.
Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
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Rusoro Mining said on Tuesday it had withdrawn its hostile takeover offer for Gold Reserve, after a Canadian court granted an injunction halting the bid.
Mining and Energy Companies Investment Delay by Global Financial Crisis
The deepening of the global financial crisis and the sharp drop in energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.
Canada’s Potash Industry Drawing Both Top Mining Companies
Long dominated by a small group of local players, Canada’s potash industry has become red hot, as soaring prices have begun drawing both top mining companies and small exploration firms to the vast resources buried deep under the western prairies.
Used as a key ingredient in fertilizer, demand for potash has soared along with grain prices, [...]
Canadian Mining Regulation Slowing Conservation Effort
Environmentalists say Canada’s antiquated mining regulations are slowing conservation efforts and aboriginal land claims by allowing prospectors first dibs on Crown land.
A new report by the International Boreal Conservation Campaign says Canada’s 150-year-old system of free-entry access needs to be replaced.
The campaign is a privately funded initiative supporting boreal forest conservation.
“The free-entry system hearkens back [...]
