North Australian Diamonds mobilised a diamond core drilling rig to the Merlin project site in Australia. The drill rig is tasked to further define and explore the deeper portions of the PalSac pipe which previously had a combined JORC compliant indicated and inferred resource of 9.6 million tonnes. This combined resource has now been increased by 39% to 13.46 million tonnes.
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Although a proposed merger between HudBay Minerals and Lundin Mining collapsed a year ago, Lundin has been strengthening its mineral reserves and resource base.
China’s net import volume of coal surged to 103 million tons in 2009, the first time for the country to become a net importer of its staple fuel, the Securities Daily reported today, citing statistics from the China National Energy Administration (NEA).
China’s net import volume of coal surged to 103 million tons in 2009, the first time for the country to become a net importer of its staple fuel, the Securities Daily reported today, citing statistics from the China National Energy Administration (NEA).
THE woman who duped Victor Harbor residents into believing she was dying of cancer, to cash in on a fundraising campaign, was today handed a suspended sentence. Angie Emma Walsh was also given a chance to continue psychiatric treatment after a court
By Rujun Shen and Edmund Klamann SHANGHAI (Reuters) – Shanghai copper fell 1 percent on Tuesday, paring gains seen in the previous session, disappointed by lukewarm Chinese buying interest after a week-long Lunar New Year holiday, while concerns on
NEW DELHI — PTC India Ltd., the country’s largest power trader, plans to form joint ventures to buy stakes in mining projects abroad to help secure fuel supplies for Indian power producers who face coal shortages, its chairman said Monday. New-Delhi
PERTH (miningweekly.com) ? Gold producer Ramelius Resources has sold all its shares in ASX-listed Avoca Resources, which it had received as a script consideration from Dioro Exploration’s acceptance of Avoca?s offer. Earlier this month, Avoca gained
PERTH (miningweekly.com) ? Australia-based gold-miner Troy Resources on Tuesday reported that 2 000 oz of gold dore bars were stolen after a group of armed robber took employees hostage at its Andorinhas mine, in Brazil. Troy CEO Paul Benson said that
Jazz singer Denise Moore’s set Thursday night at the Palladium will be more than a performance – it will be a brief history of jazz.
Home » Workers Struggles » Oceania » Australia and New Zealand » Australia More than 350 workers at the Xstrata-owned Tahmoor colliery in New South Wales ended a three-day strike last Friday and are planning further strike action in the next few
Government minister Murray McCully says he will try to offload a small amount of shares he owns in a mining investment company. The Government is investigating changes to Schedule 4 of the Crown Minerals Act which could see more conservation land opened
China’s major steel mills have not agreed to an interim iron ore price deal with BHP Billiton, state media said, denying earlier reports of such an agreement. According to a source from a major state-owned steel mill, no price has been agreed between
THE share market closed flat with major banks buffering the market against the effect of profit-takers. At 4.15pm (AEDT), the benchmark S&P/ASX200 index was marginally inside positive territory, up 0.8 points, or 0.02 per cent, at 4718.3 points, while
So the primary trend for gold is up it is completely intact and in no danger of being violated and it appears that we could be close to a break out to the upside. So why is everybody so negative? Part of it has to do with ignorance.
Summary Crude prices rose for a fifth-straight session Monday, helped by refinery strikes in France and geopolitical tensions linked to Iran’s uranium enrichment activities.
By Alastair Ford Late last week Geodex chief executive Mark Fields issued an update to the market, detailing the progress his tungsten company has made over the past 12 months or so, and laying out its plans for the coming year. It was a robustly worded
If carbon dioxide gas had an odor, it would smell like money to America’s largest privately held coal company. St. Louis-based Peabody Energy operates mines that produce 600,000 tons of coal per day. Burning it releases millions of tons of carbon dioxide
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DuraClass (Tishomingo, MS) recently introduced an aluminum dump body to its line of Class 5-8 truck bodies.Â