Tiomin Resources has been notified by ATW Venture Corp that ATW will not execute the formal agreement to acquire an option to purchase up to a 50% interest in Tiomin’s Kenyan mineral sand projects. Nevertheless, Tiomin says it believes “in the unrecognized value of the Kwale project and will continue to review its strategic options […]
The Royal Ontario Museum (ROM) has received the largest corporate gift in its history from Teck Cominco to the Renaissance ROM project. This landmark $10 million gift will establish the Teck Cominco Suite of Earth Sciences Galleries, the Teck Cominco Endowed Chair in Mineralogy and the Teck Cominco Digital Education Module in Earth Sciences, as […]
Benton Resources has announced that Michael and Stephen Stares of Benton along with their large family from Benton, Newfoundland have been awarded the 2007 PDAC Bill Dennis Prospector of the Year award. The prestigious award recognizes contributions to the industry over the past 40 years by the Keats, Stares, Crocker and Barrett families, collectively one […]
Outokumpu Technology has agreed the delivery of three TankCell-300 flotation cells to OceanaGold’s Macraes operation in New Zealand. TankCell-300, with an active capacity of over 300 m3, is the largest mechanical flotation cell in the world. The Macraes delivery will be the first such installation and represents a significant development for flotation technology in general. […]
Few signs of a cooling US economy will show up in the nation’s mines this year, according to the National Mining Association (NMA) in its annual Economic Forecast for 2007. US coal production in 2007 is expected to set a record for the third consecutive year, as America’s power plants continue to rely on coal […]
Anatolia Minerals has received an updated mine plan and estimate of direct-leachable (oxide) gold resources for its Çöpler gold deposit, 110 km north of Malatya in Turkey. The study by Independent Mining Consultants (IMC), of Tucson, Arizona, estimates proven and probable in-pit oxide reserves at 18.1 Mt of mill-feed at 2.61 g/t Au, plus 34.2 […]