Europe Top Stories

MICROMINE Launches Micromine 2014

MICROMINE, the leading provider of software solutions and services to the international mining sector, is pleased to announce the release of Micromine 2014, the latest version of the company’s industry leading exploration and mine design solution.

Australia’s mining jobs running dry as sector growth slow

The country's mining industry has lost 6,600 workers in the…

South Africa divided over controversial mineral law reforms

The country's ’s new mineral resources law, which is awaiting…

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Nortec (NVT) Signs Agreement for $20.5 Million Option of the LK Project, Finland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Further to the press release dated July 27, 2011, Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) ("Nortec" or the "Company"), is pleased to announce that it has signed an Option and Joint Venture Agreement ("OA") with Otterburn Ventures Inc. (CSNX:OTB) ("Otterburn"). The OA gives Otterburn the option to earn up to an 80% interest in Nortec's Läntinen Koillismaa project, a 100 % owned palladium-platinum–gold–copper-nickel property ("LK Project"), located in north central Finland.

Empire provides progress update on Demirtepe copper-gold project, Turkey

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to provide an update on the Demirtepe Project in western Turkey where drilling by Empire has consistently encountered significant grades and intervals of copper-gold-silver and molybdenum skarn mineralization in the Main Zone, including Discovery Hole DTH-001 which intersected2.02% copper, 0.96 g/t gold and 21.64 g/t silver over 47.35 m from 112.2 m to 159.55 m, including 8.0 m of 9.1% copper, 4.68 g/t gold and 95.3 g/t silver.

Cooper provides update on the thermal coal project in Pakistan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Cooper Minerals Inc. (TSX VENTURE:CQ)(FRANKFURT:JM6) (the "Company" or "Cooper") would like to provide its shareholders with an update on its thermal coal project in Pakistan. Pursuant to the terms of the Option Agreement dated September 3, 2010 between Cooper and Mr. Gul Khan ("Gul"), Cooper and Gul have jointly formed a newly incorporated company, AJK Coal Mining Company (Private) Ltd. ("AJK"), in Pakistan for the exploration and production of coal.

Cornerstone reports 1.34% copper and 58.0 g/t silver over 19.5 m in trenching at La Fortuna copper-silver project, Chile

MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Aug. 30, 2011) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today preliminary results for the ongoing exploration program at the La Fortuna copper-silver project located in the Valparaíso Region of central Chile, approximately 100 km north of Santiago.

North American Nickel initiates exploration on its Maniitsoq project, southwest Greenland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - North American Nickel Inc. ("NAN") (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) is pleased to announce that it has commenced a field campaign to evaluate prospective areas within its 4,841 km2exclusive mineral exploration licence. Electromagnetic anomalies, identified from a recent re-interpretation of a 1995 GeoTEM fixed wing survey, along with other areas of interest derived from compilation of previous work and satellite imagery will be ground checked in order to prioritize areas for helicopter borne time domain electromagnetic (TEM) surveying planned for September and October.

Obama should embrace oil

When it comes to energy, America is lucky to be next to Canada, whose proven oil reserves are estimated by Oil and Gas Journal at 175 billion barrels. This ranks just behind Saudi Arabia (260 billion) and Venezuela (211 billion) and ahead of Iran (137 billion) and Iraq (115 billion).

Macarthur Coal backs sweetened Peabody, Arcelor offer

Australia's Macarthur Coal has backed a slightly sweetened A$4.9 billion ($5.2 billion) takeover offer from Peabody Energy and ArcelorMittal . Peabody and ArcelorMittal raised their offer by 3 percent to A$16 a share and will also add Macarthur's A$0.16 a share dividend, for a total offer value of A$16.16. Macarthur bowed to the higher offer after fending off four takeover attempts over the past three years.

Small Canadian miner’s Tibetan plateau gold mine likely largest in Asia

China Daily reports local land and mineral resource officials in the Qinghai province estimate that the Dachang gold mine in the Tibetan autonomous prefecture of Yushu is likely to become one of the largest gold mines in Asia with 300 tonnes in proven reserves. The geological exploration was conducted jointly by Qinghai mining development bureau and TSX-listed Inter‐Citic Minerals with a total investment of $31.3 million. The project is at an elevation of approximately 4,500 meters and consists of five exploration licenses covering some 279 square kilometers. Tiny Inter-Citic says it allocated $6.3 million in exploration expenses for this year.