July 30, 2011

Exxaro to take zinc impairment charge of 500 million rand

Bloomberg reports that Exxaro Resources Ltd.(JNB:EXXP) will take an impairment charge of about 500 million rand ($74.5 million) on the closure of its Zincor plant.

July 29, 2011

Lundin hit by production problems, higher costs in Portugal

Lundin Mining Corporation reported on Friday net income of $57.7 million for the second quarter of 2011, up 36% from the same quarter last year. The numbers were below management…

July 29, 2011

Exxaro plans to cease production of zinc

Diversified South African-based resources group Exxaro announced today that the board of directors of Exxaro as well as the board of directors of Exxaro Base Metals (Pty) Ltd have taken…

July 29, 2011

Firestone Ventures Commences Drilling at Black Mountain Zinc-Lead-Silver Project, Nevada

Firestone Ventures Inc. (CVE:FV,FRA:F5V) announced that it has begun a summer drilling program at its Nevada-based Black Mountain zinc-lead-silver property.

July 28, 2011

Lift off for Xstrata underground project

Swiss mining giant Xstrata Zinc has begun construction on its A$246 million Lady Loretta zinc, lead and silver underground mine. The mine, located in 140 kilometres north Xstrata’s Mount Isa…

July 27, 2011

Zinc lozenges can cut common cold duration by 40pc

Sucking on zinc lozenges can cut the duration of common cold episodes by up to 40 percent, according to a new study. Interest in zinc lozenges started in the early…

July 27, 2011

Xstrata to build new zinc mine

Xstrata Zinc has announced construction will begin immediately to develop the $246 million Lady Loretta mineral deposit located 140 kilometres north west of Mount Isa.

July 26, 2011

Uranium exploration hotspots

Uranium exploration may be described as a combination of science and art with many projects designed from geological concepts and broader based reflections involving a variety of field and laboratory…

July 26, 2011

Undersea mining moving forward: DFI releases world’s first marine NI 43-101

The race to mine the seafloor took another step forward today. Diamond Fields International said it has completed the world's first NI 43-101 compliant resource estimate for its Atlantis II…

July 26, 2011

Xstrata Zinc to develop Lady Loretta deposit in AUD246m project

Xstrata Zinc announces the commencement of construction to develop the high grade zinc-lead-silver Lady Loretta deposit in north-west Queensland, Australia, as a new greenfield underground mine.