The Peruvian government has cancelled a billion-dollar copper mining project near Arequipa, Peru, after clashes between police and protesters left three dead […]
Maudore Minerals Ltd. (TSX-V:MAO) reported the highest drilling intercept ever obtained on the Comtois property, along with several other new high-grade gold assays and more broad near surface intervals from ongoing exploration and definition drilling on the property, located north of Val-d’Or, Quebec, Canada.
Thunder Mountain entered into an agreement with Newmont to advance the company’s Trout Creek project in Nevada. The agreement allows Thunder Mountain to conduct exploration activities on Newmont’s land around the company’s Trout Creek claims.
Emgold Mining provides the following update on its Idaho-Maryland Project ("Project"), located in Grass Valley, California. In follow up to the Company's March 7, 2011 press release, Emgold, through its 100 percent owned subsidiary Idaho-Maryland Mining Corporation ("IMMC"), has commenced the filing process for its 2011 Revised Permit Application with the City of Grass Valley ("City"). The City is the Lead Agency and responsible for completing the Environmental Impact Report ("EIR") for the Idaho-Maryland Project, as part of the California Environmental Quality Act ("CEQA") process.
Endeavour Silver Corp's first-quarter revenue nearly doubled as production rose and bullion prices climbed sharply.
For the quarter, revenue was $35.4 million, compared with $18.2 million last year.
TD Securities Head of Commodity Strategy, Bart Melek Monday predicted "gold will trade materially above the $1,500/oz mark sometime in the second half of 2011."
"Despite recent strength and record prices, TDS analysis points to more upside for gold into 2011," Melek advised.
At least four capesize cargoes of South African coal have been sold back to the original sellers by Chinese buyers during the past month and all are coming to Europe, said sources familiar with the deals.
The South African coal is being stockpiled in Amsterdam-Rotterdam-Antwerp and at power plants either for sale into Europe or to be burned at the main buyer's own power plants.
Brazilian mining giant Vale SA is in talks with Liberian government over the reconstruction of a hydro power plant in West African nation's, Liberia president said on Monday.
"The discussions with Vale are still going on. There are too many issues related to this discussions," Ellen Johnson Sirleaf said on the sidelines of a three-day oil, gas and mineral resources conference in the country's capital Monrovia.
Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that drill hole DK-11-13 intersected significant potash mineralization including one metre of 47.81% KCl. Hole DK-11-13 intersected two robust potash zones which appear to correlate with the Sylvinite Zone and Kainitite Zone.
The Sylvinite Zone returned 2.8 metres of sylvinite which graded 45.86 % KCl and includes a one metre interval that returned 47.81% KCl. Further down the hole, 8.7 metres of kainitite was intersected which returned 22.91% KCl.