UTS Energy Corporation has released preliminary development plans for the new Frontier oil sands mine, which includes Leases 311, 468, 470, 477 and 610 along with the new Equinox oil sands mine, previously referred to as Lease 14.
Perilya and CBH Resources will merge their businesses to create a globally significant producer of both lead and zinc. The merger will be implemented via interdependent schemes of arrangement for the acquisition of all the CBH ordinary shares and CBH convertible notes by Perilya and will result in the Broken Hill line of lode having […]
Nevsun Resources has entered into an agreement for the sale of all of its interests in properties in Mali, including the Tabakoto kine, the Segala property and exploration properties. Avion Resources has agreed to pay Nevsun C$20 million plus a 1% net smelter return royalty on future production, subject to normal regulatory approvals and financing […]
Aricom, the Anglo-Russian developer of mineral resources, announces that it has acquired options to purchase two further licences which would provide significant natural expansion potential to the existing K&S and Garinskoye projects in the Amur Region:
The Garinskoye Flanks licence covers an area of 3,530km² immediately surrounding Aricom’s Garinskoye
the Kostenginskoye licence covers an area located about […]
In Western Australia, Fortescue Metals Group (FMG) is using six modern allflux® fluidised bed separators in its iron ore plant (International Mining, April 2008). Fortescue is relying on allmineral’s technology for efficient sorting and classification of the iron ore. Six of the latest allflux® fluidised bed separators are starting operations this spring at Cloud Break. […]
Atna Resources has acquired all of Canyon Resources’ issued and outstanding shares of common stock, warrants and debentures. Canyon is now a wholly owned US subsidiary of Atna. As a result of the merger, Atna has created a strong platform for gold production growth.