Straits Asia Resources Ltd (SARL) has completed the agreements to acquire the shares of PT Separi Energi and the offtake rights to coal from its mines. Following completion of the acquisition, the Share Consideration and the Cash Consideration were paid to the Contract Seller and the Share Sellers.
Richard Ong, Chief Executive Officer said “This is […]

UraniumSA has discovered a unique uranium deposit in South Australia. The find, near Whyalla on South Australia’s Eyre Peninsula, is favourable to in-situ leaching extraction of uranium and is in an area never previously explored for uranium.
“The sediment hosted uranium mineralisation is in a geological setting distinctly different to that of conventional sediment-hosted systems worldwide,” UraniumSA’s Managing […]

Cape Breton University (CBU), in collaboration with its industrial partner Cape Breton Development Corporation (CBDC), invites applications for an Industrial Research Chair in Mine Water Remediation and Management. The initial period for the Chair is five years with the possibility of renewal for a second five-year period based on satisfactory performance and
continued funding. […]

Vincent A. Calarco has been elected non-executive Chairman of the Board of Directors of Newmont Mining, effective January 1, 2008. He succeeds Wayne Murdy as Chairman, who will retire from the Board at the end of the year. Calarco first joined Newmont’s Board in 2000 and currently serves as Chairman of the Corporate Governance and Nominating […]

The Environmental Court in Umeå, Sweden, has provided Boliden with the conditions for operating and reclaiming the Hötjärn tailings pond. The Environmental Court has prior to this granted Boliden’s application to build the tailings pond adjacent to the company’s mines and concentrator in the Boliden Area. “We’re obviously delighted that this matter has finally been resolved, […]

At Cigar Lake, Cameco says it is maintaining the previously announced expected production restart date. Construction was about 60% complete when the mine experienced a rockfall causing a flood of the underground development in October 2006. Site crews continue to make progress on the remediation plan and we believe that the water inflow has been […]