News
Jinchuan Nickel buys new mine hoist from ABB
Chinese mining giant Jinchuan Group has signed a contract with the Swedish power and automation technology group, ABB, to purchase a mine hoist for its nickel mine near Jinchang.
Metallic Ventures taps SRK for Goldfield feasibility
Nevada-based Metallic Ventures Gold (MVG-T, MTLVF-O) has enlisted SRK Consulting to complete a National Instrument 43-101-compliant feasibility study, and conduct environmental baseline data collectio…
Finning marks 75 years as Caterpillar Dealer
Finning International (FTT-T, FINGF-O), the world’s largest Caterpillar (CAT-N) dealer, is celebrating 75 years in business.
Quaterra expands copper zone at MacArthur (February 25, 2008)
It’s been more than 30 years since the MacArthur porphyry copper system in the world-class copper district of Lyon Cty., in western Nevada, was seriously evaluated.
Hecla buys Rio’s stake in Greens Creek
Hecla Mining (HL-N) has struck a US$750-million deal to buy out its majority partner Rio Tinto (RTP-N, RIO-L) at their co-owned Greens Creek underground silver mine near Juneau, in Alaska’s panhandle.
Newmont sees new woes in Indonesia
Less than a year after being acquitted of pollution charges on Sulawesi Island in Indonesia, Newmont Mining (NMC-T, NEM-N) is back in hot water again at another mine in the Southeast Asian nation.
Mining execs converge at South Africa’s Indaba
CAPE TOWN, SOUTH AFRICA — The keynote session at the recent Mining Indaba conference in Cape Town, South Africa, saw leaders from many of the world’s largest mining houses step to the podium to discu…
New Bonanza resource lifts Premier’s stock
A new National Instrument 43-101 resource estimate for the Rahill- Bonanza property in Red Lake, Ont., has pleased joint-venture partners Premier Gold Mines (PG-T, PIRGF-O) and Goldcorp (G-T, GG-N).
NLT Australia creates wireless connection for mines
NLT Australia, a subsidiary of NL Technologies, has developed a Radio Frequency (RF) reader for tracking personnel and assets underground, wirelessly.
Roca rallies on Max moly
VANCOUVER — Underground drilling at Roca Mines’ (ROK-V, ROCAF-O) Max molybdenum mine, 60 km southeast of Revelstoke, B.C., hints at the depth expansion potential of the deposit.
Gravity West plummets on Voltaire assays (February 25, 2008)
VANCOUVER — Shares of Gravity West Mining (GRW-V, GRWFF-O) fell back to earth in recent trading after the company tabled long-awaited drill assays from its Voltaire Lake project, located 175 km north…