BacTech buys interest in PNG deposits
BacTech Mining (BM-V) is in the process of buying a 33% interest in two gold deposits in Papua New Guinea from Yama…
Australia, NZ & South Pacific
New resource for Brilliant at Lanfranchi
Vancouver – A new estimate has boosted the nickel resource at the Lanfranchi mine in Western Australia for joint ve…
Mirabela Adds To Santa Rita Resource
Mirabela Nickel (MNB-T, MBN-A) likes to describe its Santa Rita project in Brazil as the world’s largest greenfield nickel sulphide discovery in the last 12 years.
Continental Nickel’s Tanzanian results
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N…
Monument loses $10M credit facility, amending Selinsing production plan
Vancouver – Two lenders have backed out of $10 million credit facility earlier promised to Monument Mining (M…
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.
Editorial: Code Red For Rio Tinto
Rio Tinto’s debt pangs grew acute during the week ended Dec. 13, the fiftieth trading week of 2008. They were set off this time around by the late November collapse of BHP Billiton’s drawn-out hostile…
Nautilus delays seafloor mine development
The turmoil in the world markets has prompted Nautilus Minerals (NUS-T) to delay the construction of equipment for …
BHP Maps Olympic Dam Plans
BHP Billiton (BHP-N, BLT-L),the world’s largest mining company, is planning to expand its Olympic Dam copper-uranium-gold mine in Australia, envisioning a sixfold increase in mining and milling capaci…
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.
Intrepid gets top gold grade at Tujuh Bukit; company wants protection status changed
Vancouver – Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines’ (IAU-T, IAU-A) be…
BHP reduces manganese production, adjusts iron production
BHP Billiton (BHP-N, BLT-L), the world’s largest mining company, has approved a capacity expansion at its iro…