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Conquest Mining Reported Test a Number Gold, Silver and Copper Mine Project


As detailed in the Company’s announcement dated 26 March 2009, Conquest Mining Limited has been testing a number of possible processes for on-site gold metal recovery from flotation concentrate at its Silver Hill gold-silver-copper mine project.

Lake Victoria Mining Company Update Gold Mine Drilling at Geita Gold Project


Lake Victoria Mining Company is pleased to provide an update on drilling progress at its Geita Gold Project in northern Tanzania, about 80 kilometers west of the city of Mwanza.

Azure Mineral Testwork Copper-Gold-Silver Mine Concentrate in Mexico


Azure Minerals has announced that the initial metallurgical testwork program undertaken on representative mineralised samples from the high grade Promontorio copper-gold-silver deposit has returned very promising results.

Goldcorp Reported Record Gold Production Increase 7% in Fourth Quarter


Goldcorp Inc. today reported record gold production of 691,800 ounces for the quarter ended December 31, 2008. Reported net earnings amounted to $958.1 million in the quarter, or $1.31 per share,

Sumitomo Metal Mining Company Signed Contract With BHP and Freeport Copper Mine Processing Fees


Reuters reported that Sumitomo Metal Mining Company Limited has settled its 2009 copper processing fees at USD 75 per tonne and 7.5 cents per pound with both BHP Billiton and Freeport McMoran Copper & Gold.

Range iron ore projects future; Falls steel prices


Falling steel prices and a softening market weaved their way through an Iron Range Resources Board discussion about a project on Monday, Oct. 27.
Citizen Board Member Jack Ryan briefly questioned the potential impact of falling steel prices upon Iron Range iron ore concentrates production, planned by Magnetation, Inc.

Copper mine gets cash infusion as it tries to secure loans


Atlas Consolidated Mining and Development Corp. and its joint venture partner has agreed to infuse additional funds in Carmen Copper Corp. (CCC), one of Atlas’ subsidiaries.
Atlas and Crescent Asian Special Opportunities Portfolio (Casop) will provide some $48 million to its copper mining unit “until January 2009 on a pro-rata basis,” Atlas said in a disclosure [...]

Aricom Plc Needs $1 billion Funds To Expand and Development Iron Ore Mine Project


Anglo-Russian miner Aricom Plc needs $1 billion in external funds for an iron ore project to supply resource-hungry China, it said on Wednesday, sending its shares lower in a tough global environment for borrowers.
Shares of Aricom, a member of the UK’s FTSE 250 mid-range stocks index, pared losses to 8.8 percent by 1505 GMT after [...]

Bloom Lake Iron Ore Mine Exploration Project Reports


Consolidated Thompson Iron Mines Limited provides the following update on its Bloom Lake iron ore project:

Mine site development is progressing according to budget and is on schedule to meet the end of September 2009 production target.
With a current cash position of approximately C$260 million and based on the current construction schedule, the Company has [...]