News

Vancouver — Great Basin Gold (GBG-T) has started a prefeasibility study of Area 1 of its Burnstone property in South Africa.

European Minerals (EPM.U-T) has completed infill drilling on the periphery of proposed open pits at its Varvarinskoye project, 130 km southwest of Kustanai in northern Kazakhstan.

Minera San Xavier, a unit of Metallica Resources (MR-T), has had its contruction and operating licences renewed for the Cerro San Pedro project in Mexico’s San Luis Potosi state.

Who’s going to take over Newcrest Mining? Is Consolidated Minerals going to absorb Portman?

Fortescue Metals Group is posing a challenge to the dominance of BHP Billiton (BHP-N) and Rio Tinto (RTP-N) in Western Australia’s iron ore sector.

BHP Billiton (BHP-N) and JFE Steel have entered into a joint-venture agreement that includes the proposed sale of 16 million tonnes of iron ore per year from BHP Billiton over the next 11 years.

In a bid to advance some of its non-core assets, De Beers Canada has optioned several properties in the Far North to a couple of juniors under separate deals.

U.S. stock markets rose slightly over the period Aug. 25-31. The S&P 500 index was up eight points, or 0.73%, and the Dow Jones Industrial Average gained 0.74%, or 75.29 points, to close at 10,173.92 points.

Five workers have died in an accident at Anglo American‘s (AAUK-Q) El Soldado copper mine in central Chile.