Silver Bull Resources Inc. (SVB - TSX, SVBL - Amex - NYSE) has signed a contract with SRK Consulting (Canada) Inc. to produce an updated NI43-101 compliant resource report on the silver mineralization of the "Shallow Silver Zone" at the Sierra Mojada Project in Coahuila, Mexico.
The race to mine the seafloor took another step forward today.
Diamond Fields International said it has completed the world's first NI 43-101 compliant resource estimate for its Atlantis II sea-floor deposit, located about 115 kilometres from Jeddah in the Red Sea. DFI has been exploring the deposit with joint venture partner Manafa International.
The bubble that is keeping iron ore prices at historic highs may be about to burst, and when it does, iron ore giant Fortescue Minerals will still be making money, the company's new CEO predicts.
Ethos Capital Corporation has unearthed an impressive gold sample in the Yukon, as the company continues its summer exploration program in the White Gold District.
RIA Novosti reports that Norilsk Nickel has sold 8.06 percent of its shares to two offshore companies, Delmonico Group and Crelios Investment, for over $2.77 billion, the company said in documents obtained by RIA Novosti on Monday.
Canadian company Northern Graphite Corporation says it has successfully produced graphene from its Bissett Creek project in Northern Ontario. MINING.com recently reported […]
A project by Colombia Clean Power & Fuels Inc. to build a 200,000 tpa coking coal facility in Colombia has been given the green light by a Chinese consultancy firm. Chief Operating Officer Graham Chapman spoke to MINING.com on Wednesday. Listen to the podcast.
In today's operating environment, a mining company is as likely to be judged on its environmental and social performance as its ability to pull minerals out of the ground. Randgold Resources has taken on an ambitious project in the Democratic Republic of the Congo to build one of the largest gold mines in Africa.
The head of the Atomic Energy Commission said a four-year study has indicated that the Tumalapalli mine near the Indian state capital Hyderbad, which is scheduled to begin operating later this year, could produce up to 150,000 tons of uranium. The Daily Telegraph reports:
"It's confirmed that the mine has 49,000 tons and there are indications that the total quantity could be three times that amount," Mr Banerjee said on a visit to a nuclear plant in the western state of Rajasthan on Monday.
If that is the case, it will become the largest uranium mine in the world, he added.
Reuters reports:
Shares of Potash Corp and other fertilizer producers ebbed on Monday despite bullish industry data as a decline in U.S. corn and wheat prices signaled weaker demand for crop nutrients.
PotashCorp said on its website that potash inventories at the end of June fell more than 270,000 tonnes from the previous month, with North American inventories about 26% below the prior 5-year average.
An iron ore project in northeastern Canada whose proponent is calling "the next Consolidated Thompson," has taken an important step forward.
Alderon Iron Ore Corp. (TSE:ADV) has begun filing material to start the federal and provincial environmental assessment process. The application would allow Alderon to double future annual production at its Kami Project in Quebec-Labrador to 16 million tonnes of iron ore concentrate annually.
