Lykos Metals finds large gold deposits at Bosnia project
The concentration of gold at some locations was as much as 27.5 g/t in a continuous line of 60 metres.
Iron Ore Holdings: Positive Concept Study for Bungaroo South Project
A Mine Concept Study conducted by Steffen Robertson Kirsten (SRK) on the Bungaroo South project has confirmed both the technical and financial viability of a mine development.
The mine plan supports a 15 million tonnes per year operation with a mine life of 15 years, with production possible by 2015.
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Thungela Resources to buy controlling stake in Australian mine
The coal producer has been searching for assets outside South Africa, where shipments are being curbed by rail bottleneck.
Iron ore price retreats on China demand rethink, price curbs worry
"Iron ore is facing pressure from price control, so pay attention to policy risks," Sinosteel analysts said.
Canada faces pressure to ban deep-sea mining
Scientists and NGOs are asking Ottawa to ban the activity, as the country hosts an international marine conservation summit that kicks off on Friday in Vancouver.