Shear Minerals and Stornoway Diamond announced that processing of the mini bulk sample from the Notch kimberlite at the Churchill Diamond Project in Nunavut is complete with an overall diamond recovery of 0.862 carats per tonne (cpt). A total of 129 diamonds greater than 1.18 mm were recovered from 17.26 dry tonnes of Notch kimberlite. The five largest recovered stones weigh 0.92, 0.81, 0.77, 0.63, 0.63 carats.
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The Rail, Tram and Bus Union says it does not support the proposed sale of Queensland Rail’s (QR) coal network to a consortium of coal companies. The Queensland Resources Council says it wants the State Government to consider an offer by 13 coal
James Steel chief commodities analyst at HSBC has further championed Gold Investment highlighting the fact that market movements are working in favor of the precious metal.
Gold Bullion holdings for the SPDR Gold Trust � the world’s largest Gold ETF � meantime added little more than 0.8% last week reaching the largest level since mid Jan. at 1116 tonnes.
ESRI Canada today announced that Teck Resources Limited (‘Teck’) has selected ESRI as its platform for building a global enterprise geographic information system (GIS). Through a three-year enterprise license agreement (ELA), Teck will deploy ESRI
THE PROPOSED DISPOSAL BY HG METAL PTE. LTD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HG METAL MANUFACTURING LIMITED, OF AN AGGREGATE OF 28,000,000 ISSUED AND PAID UP ORDINARY SHARES IN BRC ASIA LIMITED, REPRESENTING APPROXIMATELY 4.17% OF THE ISSUED AND
9/03/2010 – Sales of coking coal may be changed forever after BHP Billiton Ltd announced many of its customers had agreed to embrace short-term pricing. BHP is the world’s largest seller of coking coal, which is essential for steel making, and has been
The Bligh government is aiming to float Queensland Rail’s coal freight interests by the final quarter of 2010. The government plan involves selling what has been dubbed QR National as a whole, including trains and tracks. But coal companies, in talks
PRODUCT SHOWCASE: Eriez Magnetics Australia has released a range of magnetic materials handling technology, including metal detectors, wet drum separators and flotation equipment. Suspended Electromagnets These are large electro magnets for suspending
An alliance of mid-tier miners is pushing ahead with plans to develop a $2 billion port facility at Port Hedland. The group named the North West Iron Ore Alliance (NWIOA) consists of Atlas Iron, Brockman Resources and FerrAus, and announced that it would
LOS ANGELES — Australian stocks slipped lower out of the open Tuesday, with the market using a fall in some commodities prices as cue to sell some resources stocks after a string of recent gains. Sydney’s benchmark S&P/ASX 200 was 0.2% lower at 4,797.4
At the 1015 AEDT official open the benchmark S&P/ASX200 index slipped 0.25 per cent to 4795.6 points, while the broader All Ordinaries index lost 0.25 per cent to 4807.4 points. The two major miners weighed on the bourse at the open, as BHP Billiton fell
Source: Interviewed by Gordon Holmes, The Gold Report 3/8/10
http://www.theaureport.com/pub/na/5783
The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years. Read about why he thinks [...]
Mining, PDAC 2010 Canada’s mining leadership put up a united front at PDAC Monday to fight a private member’s bill they say will “seriously harm” the industry if passed into law. While most private member’s bills fail to pass, the fact that PDAC has gone
Email a Friend Latest News Releases VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 8, 2010) – Esperanza Silver Corporation (TSX VENTURE:EPZ) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. This news release does not
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 8 /CNW/ – Canada Fluorspar Inc. (TSX-V: CFI.V) (the “Company”), a specialty mineral resource company engaged in the development and production of
CLEVELAND–(BUSINESS WIRE)–Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF.PA) ?We are pleased that Cliffs has been recognized by Maplecroft and Bloomberg for its efforts in addressing the complex issue of climate change,? said Joseph A. Carrabba,
THUNDER BAY, ON, March 8 /CNW/ – PREMIER GOLD MINES LIMITED (TSX: PG.TO) announced today that drilling has discovered two new gold zones at the Company’s Hardrock Project in Northwestern Ontario. The “83″ and “93″ Zones were discovered to the south of
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MUMBAI: L&T Power Development Ltd, a unit of India’s largest engineering and construction firm Larsen and Tubro Ltd, plans to install power plants of 5,000 mega watt capacity by 2015, a top official said. The company expects its first power plant in
Oil has fast become the gleaming jewel in the commodity crown over the past week, as signs of economic recovery in the US serve to spice up investor appetite. Oil prices surged to an eight-week high of above $82 a barrel on Monday – close to its 2010