South Africa Map Mining

Frontier Rare Earths provides an update on its Zandkopsdrift rare earth element in South Africa

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2011) - Frontier Rare Earths Limited (TSX:FRO)(TSX:FRO.WT) is pleased to provide an update on operational progress at its Zandkopsdrift rare earth element project in South Africa and related corporate activities. "We are very encouraged by the progress of work on the preliminary economic assessment for our flagship Zandkopsdrift project, and expect to announce the results early next year," said Mr. James Kenny, President and CEO of Frontier Rare Earths. "We believe that the PEA will clearly demonstrate the significant economic potential of Zandkopsdrift and this will leave Frontier well positioned to become one of the major producers of rare earths globally commencing in 2015."

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Marketwire - Mining and Metals | November 15, 2011 | 12:00 pm

Triple Point Technology acquires QMASTOR

Triple Point Technology, the leading global provider of software to manage commodities and enterprise risk, announced today that it has acquired QMASTOR Limited, the premier provider of mining software solutions to manage the tonnage, quality, and value of coal and mineral supply chains from "pit" to the point of export, import, or consumption.

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MINING.COM Staff Writer | November 15, 2011 | 12:13 am

Silver Bear provides operational update and announces 2011 third quarter results

TORONTO, ONTARIO--(Marketwire - Nov. 14, 2011) - Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX:SBR) today provides an operational update and announces its financial results for the third quarter ended September 30, 2011. On September 28, 2011, Silver Bear announced a robust Preliminary Economic Analysis ("PEA") on its Mangazeisky project located 400 kilometres north of Yakutsk, Russia (see September 28, 2011 news release). Importantly, the total tonnes of ore projected to be mined over the "life of mine" in the PEA was exclusive of any potential additional Silver mineral resources delineated during the 2011 drill program.

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Marketwire - Mining and Metals | November 14, 2011 | 1:30 pm

China iron ore imports fell to 8-month low in October despite $60 price drop

The Chinese General Administration of Customs reported that the country's iron ore and concentrates imports were 49.94 million tonnes in October, down 17.5% from 60.57 million tonnes in September 2011. The spot price for iron ore arriving at China’s Tianjin port increased to $134.40 a tonne last week from $116.90, the lowest in almost two years, on Oct. 28. Most analysts believe do not expect prices to return to the historic highs above $180 seen just two months ago thanks to the volume-driven market strategy of the big three producers and China's plans to increase its domestic supply by 40% over the next four years and up its investment in mines abroad.

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Frik Els | November 13, 2011 | 11:10 pm