October 18, 2011 BHP Billiton approves USD 1.2 Billion for First Phase of Olympic Dam Project BHP Billiton has approved USD 1.2 billion in pre-commitment capital for the first phase of the Olympic Dam Project to develop an open pit mine in South Australia. The funding…
October 18, 2011 Greens tying up Olympic Dam with new parliamentary inquiry, $30 billion project faces delays News reports from Australia say BHP Billiton may face delays in getting approvals for its $30 billion Olympic Dam expansion, as Greens and other minor parties holding the balance of…
October 17, 2011 Southern Copper’s burnt fingers worth $1.3 billion says judge Bloomberg reports Grupo Mexico must return $1.3 billion to Southern Copper Corp. for forcing the unit to overpay for Minera México, a Delaware judge ruled. The court found that the…
October 17, 2011 Canasil Discovers More Silver Mineralization at Sandra-Escobar Project in Durango State, Mexico Canasil Resources Inc. (Canasil) (TSX VENTURE:CLZ)(FRANKFURT:3CC) announces that assay results from drill hole SE-11-11, drilled to a depth of 175.6 metres to test the San Francisco vein area at the…
October 17, 2011 Sabotage, deadly clashes shut down Grasberg China's state news agency reports all production at Freeport McMoran's Grasberg mine in a remote province of Indonesia has been halted after a pipeline was sabotaged, access to the pit…
October 17, 2011 Cortez Signs LOI for US$2.5 Million to Operate Gold-Silver Processing Plant VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 17, 2011) - Cortez Gold Corp. (TSX VENTURE:CUT) ("Cortez" or the "Company") announces that it has accepted a letter of intent ("LOI") from Banco Base,…
October 17, 2011 World’s largest mobile sizer for Goldcorp’s Penasquito silver/gold/base metal mine Mineral processing specialist, FL Smidth, has been awarded a contract to supply the world's largest sizer station to Goldcorp's bi Penasquito silver/gold/base metals operation in Mexico. COPENHAGEN - FLSmidth has…
October 17, 2011 New Gold Agrees to acquire Silver Quest Resources Ltd. consolidates ownership of Blackwater project in British Columbia New Gold Inc. ("New Gold") (TSX:NGD)(NYSE Amex:NGD) and Silver Quest Resources Ltd. ("Silver Quest") (TSX VENTURE:SQI) today jointly announce a binding letter agreement whereby New Gold will acquire, through a…
October 16, 2011 SilverCrest Mines says gold and silver production from Mexico mine rises Canada’s SilverCrest Mines said gold and silver production rose for the third straight quarter at its flagship mine in Mexico.
October 16, 2011 Hong Kong starts trading bullion in yuan to tap ‘triple demand’ Hong Kong’s Chinese Gold & Silver Exchange Society, a century-old bullion bourse, will start trading gold quoted in yuan today, boosting the city’s status as an offshore hub for the…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
