Thursday, September 25th 03:50 PM

Several mines have suspended output in the past one-and-a-half years as producers began to focus on slashing costs and reworking mine plans to extract more profitable,…..Continue

Westhaven Ventures announces assay results from BEN property

  • Drill holes BN14-04 and BN14-08 intersected significant nickel-cobalt values and were designed to test the area around drill hole BN13-03, where last fall the company drilled 70 metres of 0.31% nickel and 0.012% cobalt.

Mining activity declines in August: SNL Metals and Mining

  • In August, the first two PAI constituents improved, there were sharp falls in the latter two, financings and project developments milestones. This resulted in an overall reversal in the index, from a PAI of 64 to only 51 in August.

Sirius Resources continues Nickel exploration program at Nova, Polar Bear projects

  • Taipan results received from follow up reverse circulation (RC) drilling at the Polar Bear project have identified more nickel mineralisation at the Taipan prospect and discovered a thick zone of disseminated nickel mineralisation immediately to the east of, and in the hangingwall to, the original zone

Northern Minerals receives R&D rebate totaling $8.99 mn in 2013-14

  • The rebate will provide funding requirements for completion of the Project Feasibility Study at the end of 2014, and maintains the Project’s pathway to production by 2016.

Commerce Resources Corp. initiates downstream Hydrometallurgical program

  • This hydrometallurgical testing will demonstrate the entire conceptualized flowsheet with a target of producing a mixed rare earth carbonate (REC) product.

NioCorp announces new niobium resource estimate

  • The Company has completed the phase 1, five-hole drill program for a total of 5,011 m, with the phase 2, six-hole drill program now currently underway. Phase 3 will follow, if necessary.

Oceanus Resources Corp releases results of drilling at La Lajita property

  • Oceanus Resources Corporation publicized assay results of its drilling program at the La Lajita property in Durango, Mexico. The program consisted of twenty-one (21) holes of PQ triple tube core (PQ3) diamond drill core measuring 3,002.5 meters at the Santo Nino and Dos Hermanos Prospects.

Aruma Resources starts geological survey at Bulloo Downs

  • The new program will see the Company flying over 1720km2 using HyVista Multispectral Scanning (HyMap), with the data to be combined with data collected from the previous 1050km2 program to define and confirm further mineralisation targets.

Focus on Gold mine developers with resources of atleast 3 mn

  • It is also important to invest in companies in safe jurisdictions sucha s Mexico, Nevada, British Columbia and Ontraio where miners are trading at a premium.
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