Recent News

Caterpillar produces 1000th 797 ultra-class mining truck

June 07, 2018 / www.mining.com

Caterpillar recently celebrated the manufacture of the 1000th Cat (R) 797 Mining Truck. With 400 tons (363 tonnes) payload capacity, the 797F model is Caterpillar's largest truck and the largest mechanical-drive mining truck in the world.The 797 is the only mining truck in the size class to reach the 1,000 milestone. The first 797 placed in a mining operation was commissioned in 1999 and is stil...Read More

Adamera survey outlines two targets at Overlook

June 07, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsINITIAL IP DATA DELINEATES SIGNIFICANT GOLD TARGETS ON THE OVERLOOK TRENDAdamera Minerals Corp.has provided initial results of an induced polarization (IP) survey on the Overlook gold trend, 200 metres southeast of the historic Overlook mine in Washington State. The survey covers an area drilled earlier by Adamera where drill holes OS17-01 and OS17-03 intersected zones of...Read More

Adamera survey outlines two targets at Overlook

June 07, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsINITIAL IP DATA DELINEATES SIGNIFICANT GOLD TARGETS ON THE OVERLOOK TRENDAdamera Minerals Corp.has provided initial results of an induced polarization (IP) survey on the Overlook gold trend, 200 metres southeast of the historic Overlook mine in Washington State. The survey covers an area drilled earlier by Adamera where drill holes OS17-01 and OS17-03 intersected zones of...Read More

Zincx plans 2,500 m drill program at Akie

June 07, 2018 / www.stockwatch.com

Mr. Peeyush Varshney reportsZINCX RESOURCES ANNOUNCES 2018 EXPLORATION PLANSZincx Resources Corp. has released its plans for the 2018 field season for the 100-per-cent-owned Akie project. The company has outlined a comprehensive 2,500-metre diamond drill program that will focus on its 100-per-cent-owned Akie property. The company also wishes to advise it is in the final stages of its preliminary e...Read More

Zincx plans 2,500 m drill program at Akie

June 07, 2018 / www.stockwatch.com

Mr. Peeyush Varshney reportsZINCX RESOURCES ANNOUNCES 2018 EXPLORATION PLANSZincx Resources Corp. has released its plans for the 2018 field season for the 100-per-cent-owned Akie project. The company has outlined a comprehensive 2,500-metre diamond drill program that will focus on its 100-per-cent-owned Akie property. The company also wishes to advise it is in the final stages of its preliminary e...Read More

Rio Tinto to Establish JV With Minmetals for China Mineral Exploration

June 07, 2018 / www.4-traders.com

By Carlo Martuscelli Rio Tinto PLC (RIO.LN) said Thursday that is has signed an agreement to form a joint venture with Minmetals to explore mineral deposits in China. The joint venture, which is equally split between the two parties, will have capital of 200 million yuan ($31.3 million), with an initial contribution of CNY35 million each within six months of the establishment of the joint venture...Read More

Granada Gold Mine starts exploration program at Aukeko

June 07, 2018 / dlvr.it

Granada Gold Mine has completed an initial trench program at its Aukeko property, immediately adjacent to its flagship gold property, the Granada Mine, in the province of Quebec, Canada.Read full newsRead More

Michigan DEQ grants final permit for controversial gold mine

June 07, 2018 / dlvr.it

On Monday, the Michigan Department of Environmental Quality gave a final permit for the controversial Back Forty gold mine in Menominee CountyRead full newsRead More

Rio Tinto signs JV exploration deal with China's Minmetals

June 07, 2018 / www.mining.com

World's No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world .The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November, when both parties committed to collaborative search for new ore bodies."The formali...Read More

Rio Tinto signs JV exploration deal with China's Minmetals

June 07, 2018 / www.mining.com

World's No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world .The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November, when both parties committed to collaborative search for new ore bodies."The formali...Read More

Rio Tinto signs JV exploration deal with China's Minmetals

June 07, 2018 / www.mining.com

World's No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world .The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November, when both parties committed to collaborative search for new ore bodies."The formali...Read More

Rio Tinto signs JV exploration deal with China's Minmetals

June 07, 2018 / www.mining.com

World's No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world .The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November, when both parties committed to collaborative search for new ore bodies."The formali...Read More

ALROSA enters the Top-5 of sustainability rating <>

June 07, 2018 / www.mining.com

June 07, 2018 - ALROSA, the world's largest diamond mining company, has entered Top-5 of pilot sustainability rating "Polar Index" among Russian companies operating in Arctic. The rating is developed by Project Office of Arctic Development and the environmental economics department of Faculty of Economics of the Lomonosov Moscow State University."Polar Index" became the first specialized rating o...Read More

Gold: Break above 20-day MA remains elusive

June 07, 2018 / www.fxstreet.com

Gold (XAU/USD) remains below 20-day MA despite the falling wedge breakout. Yesterday's doji candle signaled indecisive market. The falling wedge reversal/bullish breakout has failed to put a bid under gold, leaving the yellow metal flatlined below the descending (bearish) 20-day moving average (MA) of $1,297. Also, the dollar (DXY) fell to a two-week low of 93.42 yesterday, still the metal f...Read More

Congo mining regulations to be signed into law on Friday - mines minister

June 07, 2018 / www.mining.com

Democratic Republic of Congo's prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday.The move could set off a legal battle between the government and major mining companies operating in Congo, including Glencore and Randgold, which threatened...Read More

Congo mining regulations to be signed into law on Friday - mines minister

June 07, 2018 / www.mining.com

Democratic Republic of Congo's prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday.The move could set off a legal battle between the government and major mining companies operating in Congo, including Glencore and Randgold, which threatened...Read More

Congo mining regulations to be signed into law on Friday - mines minister

June 07, 2018 / www.mining.com

Democratic Republic of Congo's prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday.The move could set off a legal battle between the government and major mining companies operating in Congo, including Glencore and Randgold, which threatened...Read More

OZ Minerals closer than ever to grabbing Brazil-focused Avanco

June 07, 2018 / www.mining.com

Australian copper-gold miner OZ Minerals (ASX:OZL) moved closer to having control of takeover target Avanco Resources (ASX:AVB) Thursday, as it declared its cash and shares offer for the for Brazil-focused explorer "unconditional."The Adelaide-based company is offering Avanco shareholders 8.5c in cash and 0.009 of its own shares for every Avanco share held, valuing the company at A$418 million (a...Read More

OZ Minerals closer than ever to grabbing Brazil-focused Avanco

June 07, 2018 / www.mining.com

Australian copper-gold miner OZ Minerals (ASX:OZL) moved closer to having control of takeover target Avanco Resources (ASX:AVB) Thursday, as it declared its cash and shares offer for the for Brazil-focused explorer "unconditional."The Adelaide-based company is offering Avanco shareholders 8.5c in cash and 0.009 of its own shares for every Avanco share held, valuing the company at A$418 million (a...Read More

OZ Minerals closer than ever to grabbing Brazil-focused Avanco

June 07, 2018 / www.mining.com

Australian copper-gold miner OZ Minerals (ASX:OZL) moved closer to having control of takeover target Avanco Resources (ASX:AVB) Thursday, as it declared its cash and shares offer for the for Brazil-focused explorer "unconditional."The Adelaide-based company is offering Avanco shareholders 8.5c in cash and 0.009 of its own shares for every Avanco share held, valuing the company at A$418 million (a...Read More

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