Gold around record high as Arab strife escalates
As the Arab League gathers in Cairo to discuss Libya violence, gold and silver strong with the former close to its record […]
Latest Stories
EMED to start copper production in Spain by H1 2012
EMED Mining’s MD says the group expects to start production at its Spanish copper mine in the first half of next year.
Hunter, hunted? Copper miner Equinox now seen as takeover target itself
Zambian copper miner Equinox Minerals, which has made a hostile bid for Lundin, is now viewed as itself being a takeover target […]
Fresnillo CEO says 2010 best year in company’s history
The combination of increased production, strong cost control and metal prices made 2010 the best year in Fresnillo’s history, says CEO Jamie […]
EnviroGold to invest up to $10M in Novus Gold’s Dominican Republic properties
Australia-listed EnviroGold Limited and Novus Gold Corp., which trades on the TSX, have signed a purchase-option agreement concerning Novus Gold’s properties in […]
West African iron-ore miner completes US$133 million placement
Bellzone Mining announced on Tuesday that it had completed a US$133 million placement of 102 million ordinary shares. Canaccord Genuity Limited was the lead manager.
Bellzone, an AIM-listed company, is developing two iron ore and nickel/copper assets in Guinea, West Africa. The Kalia iron deposit, a 50mtpa iron ore operation, is the company's flagship project.
Ormonde Mining reports final results of infill drilling program at its Tungsten project in Barruecopardo
Fifteen holes have been drilled so far at Ormonde Mining's Tungsten project in Barruecopardo. The company released the final results of the infill drilling program on Wednesday.
Job creation to save SA
Job creation seems to be government’s broad-based, sensible and sustainable solution to the nationalisation issue. Since the beginning of the year the South African government has placed particular emphasis on skills development and job creation. Mining, and its related industries, have been identified as particular growth areas.
During the opening of parliament, president Jacob Zuma said, “We have introduced a New Growth Path that will guide our work in achieving these goals, working within the premise that the creation of decent work is at the centre of our economic policies. We urge every sector and every business entity, regardless of size, to focus on job creation. Every contribution counts in this national effort.”
During the opening of parliament, president Jacob Zuma said, “We have introduced a New Growth Path that will guide our work in achieving these goals, working within the premise that the creation of decent work is at the centre of our economic policies. We urge every sector and every business entity, regardless of size, to focus on job creation. Every contribution counts in this national effort.”
High grade gold discovery at King Brown – Southern Cross
Southern Cross Goldfields says it has picked up high-grade, near-surface gold mineralisation at its King Brown prospect in W. Australia's Yilgarn goldfield
