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BHP Billiton to suspend at least 2 mega projects to rein in spending
BHP Billiton, the world’s largest mining company, is likely to delay signing off on at least two mega projects after its chairman put the brakes on plans $ 80-billion company growing iron ore, copper and energy operations, analysts said. Declining commodity prices and rising costs have squeezed cash flow, pushing BHP to join rival Rio [...]
Tags: bhp billiton, BHP Billiton mining company, China iron ore demand, copper, iron ore, Rio tinto Filed Under Mining, News May 18 2012
EMED Mining Public Limited Quarterly financial report
EMED Mining Public Limited, the Europe-based minerals development and exploration company, announces its unaudited results for the three months ended 31 March 2012. Period Highlights In March 2012 the Andalucian election was held. All major political parties announced policies committing to full permitting targeted for Q3-12 and the earliest possible re-start of Rio Tinto Copper [...]
Tags: Emed mining, EMED mining company, EMED Mining Public Limited, mineral company exploration, Mining exploration company, mining news, Quarterly financial report Filed Under Mining, News May 14 2012
Hunt Mining Company Signs Exploration Agreement With Eldorado Gold Corporation
Hunt Mining Corp. is pleased to announce the signing of an exploration agreement with Eldorado Gold Corporation (“Eldorado”) for precious metal exploration in Argentina. Under the terms of the agreement, Hunt’s Argentine wholly-owned subsidiary Cerro Cazador S.A. (“CCSA”) will be the initial operator conducting exploration activities on existing Hunt properties including twenty exploration concessions (“Cateos”) [...]
Tags: Eldorado Gold Corporation, eldorado gold exploration, gold company news, gold mining company, Hunt Mining company, Hunt Mining Corp., mining exploration news Filed Under Mining, News May 11 2012
Castle Peak Mining Provides Exploration Update at Akorade Project
Castle Peak Mining Ltd. is pleased to provide an update to its Target Generation exploration activities at the Akorade Project located in the prolific Ashanti Gold Belt, Ghana. The Company has received preliminary results from its ongoing systematic exploration program, which includes: geophysical surveying, channel and chip sampling and grab sampling. The results of an [...]
Tags: akorade project, Castle Peak Mining Ltd, Ghana gold mining, gold company, gold mining company, mining company exploration Filed Under Mining, News May 11 2012
Cadillac Mining Corporation has received approval from the TSX Venture Exchange
Cadillac Mining Corporation, announces that it has received approval from the TSX Venture Exchange for closing of the First Tranche of a non-brokered private placement (the Placement) as announced on April 11, 2012 in respect of 5,000,000 Units of the Company at a price of $0.20 per Unit. As of the date of this release [...]
Tags: Cadillac Mining Corporation, Canada mining company, canada mining exploration, Goldstrike Core Drilling, mining exploration news, TSX Venture Exchange Filed Under Mining, News May 07 2012
Lorraine Copper Provides Corporate Update in the Quesnel Terrane
Lorraine Copper Corp. would like to give an update on the status of its 49% owned Lorraine-Jajay-Jan-Tam-Misty Property (“Lorraine Property”) which is located in the Quesnel Terrane, approximately 260 km northwest of Prince George, BC. The Company has commissioned a NI 43-101 compliant resource estimate for a portion of the property including areas known as [...]
Tags: copper exploration news, Lorraine Copper Corp, Lorraine Copper update, Lorraine project, Lorraine Property, mining exploration news Filed Under Mining, News May 06 2012
Copper North Announces Exploration Program at Redstone Property
Copper North Mining Corp. the Company announces the planned exploration program at the 100% owned Redstone Property (“Redstone”), Northwest Territories, Canada. The Redstone Property is comprised of five mining leases and 13 mineral claims in the Nahanni Mining District, which extend northwest-southeast for approximately 180 kilometres across a district of known sedimentary rock-hosted copper deposits. [...]
Tags: copper deposits, Copper Mining Exploration, Copper North Mining exploration, exploration program, mining exploration news, Nahanni Mining District, Redstone Property Filed Under Mining, News May 06 2012
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