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Paramount Mining Corporation Raised AUD 283,500 to Support Ongoing Development Activities

Dec 25, 2012

Paramount Mining Corporation has raised AUD 283,500 to support ongoing development activities at its Gunung Rosa Project in West Java through a share placement to London based investors. The company issued 4.05 million new shares priced ...

Tags: Mining Gold, Price for Gold, Mining Jobs, Coal Mining News

Anglo American Is Unlikely to Seek Compensation for Its Loma De NíQuel Nickel Operation

Dec 25, 2012

Maplecroft principal Latin America analyst James Lockhart-Smith told BNamericas that Anglo American is unlikely to seek compensation from the Venezuelan government following the expiration of the concessions and permits for its Loma de ...

Tags: Stainless Steel, Mining Gold, Bank of America, Nickel

Direct Shipping Ore Found on Nkout Deposit in Cameroon - Afferro

Dec 25, 2012

Afferro Mining said that the quality of the direct shipping ore found on its Nkout deposit in Cameroon further enhances its viability. Culled from 5 tonnes of direct shipping ore material, underlines why potential suitors are interested ...

Tags: Iron Ore Mining, Mining Jobs, Mining Gold, Coal Mining News

PepinNini Minerals Started Drilling The Yagen Prospect in The West Musgrave Province

Dec 14, 2012

PepinNini Minerals has started drilling the Yagen Prospect in the west Musgrave Province, South Australia which hosts electro magnetic conductivity anomalies similar to those at the Byron Prospect. This drilling along with ground ...

Tags: mining gold, mining exploration, scrap gold, copper ore mining

Frontier Resources Has Been Awarded Two Exploration Licences on New Britain Island

Dec 14, 2012

Frontier Resources has been awarded two exploration licences on New Britain Island, Papua New Guinea that are prospective for copper and gold. The two licences cover a total of 2,780 square kilometers and are mostly unexplored though the ...

Tags: scrap gold, mining gold, gold price, gold market

Resources Has Completed Its AUD 1.77 Million Raising to Accelerate Exploration

Dec 14, 2012

Quintessential Resources has completed its AUD 1.77 million raising to accelerate exploration of its Bismarck copper and gold project in Papua New Guinea. The company will start a 1,000 meter diamond drilling program at the Irak Prospect ...

Tags: mining gold, gold price, gold market, gold per gram

Havilah Resources Has an Iron Ore Deposit in Northeastern South Australia

Dec 13, 2012

Havilah Resources has an iron ore deposit in northeastern South Australia so close to the Transcontinental railway line that one can see and hear the trains moving along the line. Dr Bob Johnson chairman of Havilah Resources said that so, ...

Tags: iron ore price news, mining gold, mining exploration, mining industry

The Right to Mine Will Not Be Tied to The Requirement to Build an Alumina Refinery

Dec 13, 2012

The Queensland LNP Government has taken the first concrete step towards its long stated aim of exploiting the Aurukun bauxite resource in western Cape York. This time around however the right to mine will not be tied to the requirement to ...

Tags: mining gold, bauxite, Aurukun Bauxite

Voyager Resources Has Restarted Its Khul Morit Copper Project in Mongolia

Dec 13, 2012

Voyager Resources has restarted its Khul Morit copper project in Mongolia. The re commencement of exploration at the project is buoyed by assay results that demonstrate the strongest indication yet of the Khul Morit project's suitability ...

Tags: mining gold, gold assay, gold, gold refiner

Blackthorn Resources Has Hit More High Grade Copper From Phase 6 Kitumba Drilling Program

Dec 13, 2012

Blackthorn Resources has hit more high grade copper from the Phase 6 Kitumba drilling program at its Mumbwa project in Zambia. Assay results from drill show that mineralization started from 55 meters with best copper intersections ...

Tags: oil&gas drilling, mining gold, copper market, iron ore price news

Catalyst Copper Corporation Saw Its Shares Move Higher

Dec 13, 2012

Catalyst Copper Corporation saw its shares move higher after announcing results from a preliminary economic assessment of its La Verde project in Mexico. The NI 43-101 report, done by AMC Mining Consultants, projected pre tax net present ...

Tags: mining gold, copper recycling, iron ore price news, selling scrap gold

Steel Minister to Discuss Issues Related to Greater Cooperation in Mining and Steel Sector

Dec 13, 2012

Mr Beni Prasad Verma the union minister of Steel met with Mr Martin Ferguson the minister for Resources, Energy and Tourism, Government of Australia, when the latter called upon the Steel Minister to discuss issues related to greater ...

Tags: tourism australia, steel supplies, mining gold, calls to india

How The Balochistan High Court Could Said That The Company Had Vested Rights

Dec 12, 2012

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry quizzed a counsel for Tethyan Copper Company (TCC) for his claims of vested interests in award of mining lease for exploration of precious minerals resources in Reko Diq area of ...

Tags: jobs in mining, mining gold, copper mining news, mining exploration

Thor Mining Has Received Some Encouraging Nickel and Copper Indicators

Dec 12, 2012

Thor Mining has received some encouraging nickel and copper indicators in early sampling work on Dundas gold project which is located in one of Australia's hottest exploration post codes the Albany Fraser Province. The results are from ...

Tags: price for gold, mining gold, copper mining news, jobs in mining

FDI up to 100% Is Permitted Under The Automatic Route in Mining and Exploration of Metal

Dec 12, 2012

As per Consolidated Foreign Direct Investment Policy Circular 1 of 2012 dated 10th April 2012 issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, FDI up to 100% is permitted ...

Tags: jobs in mining, mining gold, copper mining news, mining exploration

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