September 23, 2011

Teras to initiate 20,000 meter drill program

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA) Teras is pleased to announce that the Company has engaged Harris Exploration to drill approximately 100 holes totalling over 20,000 meters…

September 23, 2011

Dorato receives final drill results from phase I Cobrecon drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2011) - Dorato Resources Inc. ("Dorato" or the "Company") (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) announces receipt, from Minera Afrodita, of final drill results from the first phase…

September 23, 2011

Potential Randgold Resources (GOLD) Trade Has $96.44 Breakeven

Randgold Resources (NASDAQ:GOLD) closed Thursday's unfavorable trading session at $102.94. In the past year, the stock has hit a 52-week low of $70.18 and 52-week high of $115.00. Randgold Resources…

September 23, 2011

Mining contributes to 21 pct growth in turnover for logistics operator

In a year that was relatively quiet for the logistics industry in general, Cargo Carriers has posted a 21% increase in its turnover. The return of logistics operator Cargo Carriers…

September 23, 2011

Ukraine-based mineral sands operation orders Multotec spiral concentrators

Ukraine-based Velta LLC has placed an order with Multotec for the supply of NHM and SC20 spiral concentrators to process minerals from an opencast operation in the Birzulovo ilmenite deposit…

September 23, 2011

First primary and secondary scraper with one mounting point

Conveying equipment designer and fabricator Superior Industries has released the market’s first primary and secondary belt-cleaning system with a common mounting point. The product will benefit conveying applications on mines…

September 23, 2011

Did China break the iron ore cartel? Maybe not

There is a good deal of doubt on the Iron Ore outlook over the next few years, most of it is predicated on an ongoing downturn in the global economy,…

September 23, 2011

Gold falls to one-month low in commodities sell-off

Gold prices fell to a one-month low on Friday to $1,719.29 a troy ounce, having earlier traded as low as $1,715.94, hit by a sell-off in the commodities complex as…

September 23, 2011

Canada up in arms over dirty oil ad

OTTAWA, Sept. 23 (UPI) -- Using human rights in Saudi Arabia as an argument for tapping into oil sands projects in Canada is "cheap" and "inappropriate," a Canadian union official…

September 23, 2011

NUM wants restrictions on chrome exports to China

JOHANNESBURG (miningweekly.com) - South Africa’s National Union of Mineworkers (NUM) on Friday called for “urgent” restrictions on chrome exports, particularly to China. The union’s national executive committee said in a…