January 10, 2012

Helio Reports Drill Results from the Tumbili Target, SMP Gold Project, Tanzania

Helio Resource Corp. (TSX-V: HRC) is pleased to report the first results from the 2011 RC drill programme at the Tumbili Target, SMP Gold Project in Tanzania.

January 10, 2012

Coal used in a 3MW wind turbine

Using publicly available figures from Vestas, a large manufacturer of wind turbines, WCA has calculated the amount of coal used in the production of offshore and onshore wind turbines as…

January 10, 2012

Olympus Exceeds Its 2011 Gold Production Target

Olympus Pacific Minerals Inc. (TSX:OYM)(OTCQX:OLYMF)(FRANKFURT:OP6)(ASX:OYM) Chief Executive Officer, John Seton, is pleased to announce production results from its Phuoc Son and Bong Mieu Gold Plants for the period ended December…

January 10, 2012

Mineral Hill copper/silver/gold mine exceeding expectations

KBL Mining, formerly Kimberley Metals reports the Mineral Hill mine has achieved sustained concentrate production, process plant feed rate achieving 16% above design and first production stope outperforms on copper…

January 10, 2012

ABB equipment to power Nautilus ocean mining rigs

ABB’s UK marine services business has won a unique order to supply transformers and switchgear for one of the world’s first commercial deep sea mining projects.

January 9, 2012

Goldcorp Meets 2011 Forecast Gold Production and Cash Costs; Five-Year Gold Production Growth Profile Increases to 70%

GOLDCORP INC. (TSX: G, NYSE: GG) today announced 2011 gold production and provided production and cash cost guidance for 2012 and the five-year period ending 2016.

January 9, 2012

Paulson’s annus horribilis a ‘curse’ on gold says FT

Hedge fund genius John Paulson had the worst year of his career in 2011. The FT wonders if he will start dumping gold onto the market in a dash for…

January 9, 2012

Mahdia Gold Corp.: OMAI Prospecting Licence Approved

Mahdia Gold is very pleased to announce that the company has formally received a notice from the Guyana Geology and Mines Commission approving Mahdia Gold's application for a Prospecting Licence…

January 9, 2012

Diamond exploration concerns abound at Iqaluit project

Some community members are concerned about plans to expand a diamond exploration project on South Baffin Island. Peregrine Diamonds Ltd. owns and operates the Chidliak project near Iqaluit. The company…

January 9, 2012

Banks Island Gold Ltd. Reports Drill Intersection of 21gpt Gold (0.61oz/ton) Over 10.4m (7.4m Estimated True Width)

Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") announces that it has received assay results for ten of nineteen diamond drill holes (2,158m) completed at the Tel Zone in December…