September 8, 2011

Extending Neves-Coro adds $100m to NPV: Lundin

Extending the Neves-Coro mine in Portugal will add $100 million to the net present value (NPV) and push the life of the mine into 2026, Lundin Mining (TSX:LUN) said today.…

September 6, 2011

Selwyn significantly expands XY west deposit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2011) - Selwyn Resources Ltd. ("Selwyn") (TSX VENTURE:SWN) is pleased to announce the first drill results from the recent drilling of the XY West…

September 3, 2011

Commodities rocked as US economy creates zero jobs

Commodity markets were hit this week by shock news that the United States created no jobs in August, sparking speculation that the world's biggest economy could be heading for a…

September 1, 2011

Speculators have a field day kicking around Sunridge Gold

Shares of Sunridge Gold rose a brisk 7% in Thursday morning trade after the junior explorer gave an update on drilling at its zinc-gold-copper deposit in the Horn of Africa…

September 1, 2011

Cartier cuts 1.5 % copper and 100 g/t silver over 19 metres on Cadillac extension

VAL-D'OR, QUEBEC--(Marketwire - Sept. 1, 2011) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") is pleased to announce that additional results from channel samples returned 1.5 % copper and 100 g/t…

September 1, 2011

Aviva: initial base metal mineral resource – Bumbo Project West Kenya

Aviva Corporation Ltd is pleased to announce it has recently completed a maiden resource on the Bumbo Base Metal Deposit in West Kenya. "The initial resource has exceeded our expectations…

August 30, 2011

ABB wins contract for new mill drive system at Neves Corvo copper mine in Portugal

ABB, leading power and automation technology group, was recently contracted to supply the drive system for a new semi-autogenous grinding (SAG) mill at Neves Corvo, Portugal.

August 30, 2011

China wants to keep rare mineral export restrictions

China said on Wednesday that it would appeal against a World Trade Organisation ruling that it illegally restricted exports of certain rare and speciality metals and minerals including bauxite, coking…

August 30, 2011

Perilya beats the odds

BASE metals producer Perilya has posted a 15% jump in profit for the first half of the 2011 calendar year, despite the robust Australian dollar and weakening zinc and lead…

August 29, 2011

Nigeria: Mining Sector to Generate Two Million Direct Jobs

Stakeholders in the mining sector said they are targeting to create about two million direct jobs for Nigerians from the sector. Under the Progressive Miners Empowerment Association (PMEA), the miners…