Gold Anomaly Limited (ASX:GOA) Crater Mountain Major Multiple Mineralisation Events Associated with Porphyry System

Gold Anomaly Limited (ASX:GOA) report that the results from NEV027 (except base metal results from 500m - 840m) has now been received and analysed, with the highlight being the pervasive nature of gold mineralisation through the overlying Nevera volcanics and intrusions and down through the entire Chim Formation to its boundary with the deep porphyry at 1046m depth, after which the gold values drop off.

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Australian Coal Seminars on New Guidelines for Managing Fume Events

The Australian Department of Employment, Economic Development and Innovation will host a series of coal seminars on managing fume events during blasting, PSnews reports.

Minister for Mines, Stirling Hinchliffe said the seminars would be held in the regional coal mining centres of Moranbah, Blackwater and Toowoomba through this month and next. He said the series kicked off this week and represented the next step towards improving worker safety during blasting operations. “The seminars will outline new blasting guidelines developed by the Government in partnership with industry and the trade union movement to better manage fume events,” Mr Hinchliffe said.

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Despite recent events gold prices remain a dollar play

The dash from $1425/oz to $1563/oz came to a halt today on news that is perceived to be good for the USD. The technical indicators are firmly in the overbought zone so a breather was on the cards. Note that the RSI had peaked well above the ‘70′ level and has now come back slightly, to sit at 73.50, still oversold, so this correction may continue for a few more days.

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Cost-efficient spillage system prevents production losses

Industrial consumables and engineering firm Bearing Man Group (BMG) reports that equipment manufacturer Oscillating Systems Technology’s (OST’s) range of materials handling, screen […]

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As events around the world continue to change we should use gold to protect our wealth

After having the very fortunate opportunity of living in numerous major cities around the world, and while trying to assimilate with various […]

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MSHA to hold black lung events

THE US Mine Safety and Health Administration has scheduled four public meetings to discuss the agency’s comprehensive strategy for the reduction of […]

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Coupling range prevents bearing failure

Engineering solutions company Renold Crofts says that bearing failure in large machines can often be attributed to the effect of magnetic currents. There are many factors affecting the lifetime of bearings, regular maintenance and correct lubrication

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Steady focus at major mining events – PDAC, SME and Indaba

Editor/publisher John Chadwick and others of the team are just back from the SME meeting in Denver last week and the PDAC this week. Neither were as strong as last year but, importantly, the PDAC was not awash with doom and gloom. It was attended by both optimists and those with a little less joyous view [...]

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