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Caza Gold Corp. To Purchase Gold Mining Exploration Property in Chihuahua, Mexico From Exmin Resources
Caza Gold Corp. announces that it has entered into a formal agreement to purchase two gold exploration property packages located in Chihuahua, Mexico from Exmin Resources Inc.
The Company is purchasing Exmin’s 100% interests in 49 mineral properties totalling 47,433 hectares, known as the Moris Exploration properties, in the Moris gold district of western Chihuahua where [...]
India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
British Mining Company, Metal Exploration PLC Begin Mining Exploration in Nueva Vizcaya
British Miner Metals Exploration PLC expects to finish studies on its gold and molybdenum property in northern Luzon to finally start site development, company officials said late last week.
Two Mining Companies Begin Construction New Underground Sage Creek Mine in West Routt
Peabody Energy and Twentymile Coal Co. could begin construction on the new underground Sage Creek Mine in West Routt County as soon as 2010, a company spokesman said last week.
Vietnam Coal and Mineral Industries Reported Coal Export to China Low-Quality
the government allowed Vietnam Coal and Mineral Industries Group (Vinacomin) to resume exports of low-quality coal to China through the province’s Van Gia border.
Rio Tinto Iron Ore Mine Project in Guinea (Updated)
The world’ second largest miner, Rio Tinto is struggling to save the northern part of the Simandou iron ore project in Guinea, as the licence granted to it has been re-allocated and awarded to its lesser known rival, BSG Resources, under the so-called “use-it-or-lose-it” principle.
Mining Exploration Investment, Investors Unhappy With Toll Treatment Costs
Great Basin Gold and its investors are deeply unhappy with the toll treatment costs imposed on it at Newmont’s Midas plant in Nevada, prompting management to actively talk about setting up a dedicated mill and finding another outlet in the interim.
Judging from CEO Ferdi Dippenaar’s comments during Great Basin’s maiden quarterly conference call it would [...]
Mining Exploration Company Greencastle Resources Ltd. Coal Exploration permit on the Saskatchewan
Greencastle Resources Ltd. is pleased to report that in early May, the Company applied to the government of Manitoba for a coal exploration permit on the Manitoba / Saskatchewan border.
The recent coal discovery in Saskatchewan by Goldsource Mines Inc. has resulted in a rush of permit application activity, covering a large area of [...]
Mining Company Exploration and Trade Report : Macarthur Coal’s Profit May Rise as Much as 13%
Macarthur Coal Ltd., in talks with an unidentified suitor, said full-year profit may increase as much as 13 percent on rising prices for pulverized coal and the sale of its stake in a joint venture.
Net income may be between A$67 million ($64 million) and A$75 million in the 12 months ending June 30 from A$66.5 [...]
