Archive for the 'Silver' Category

Gold Mining Exploration: Transoft technology acquires Wellington mining projects

Mining Exploration News:(Gold Mining Exploration)
Markham, ON, John Browne, President of Transoft Technologies, is pleased to announce the acquisition of Wellington Mining Project, from Produelec SA, Ecuador, which is located in South America .
Wellington Mining Project, which consists of alluvial gold mining plant in 3 mining concessions to hard rock deposits contain interesting and the value [...]

Andean American Mining receives excellent report metallurgy Knelson gravity solutions for the project Invicta

VANCOUVER, BRITISH COLUMBIA, Andean American Mining Corp. has received the final report of Knelson Gravity Solutions for recovering of high quality gold and polymetallic ore of the Invicta Project, Peru. The main purpose of the test was to determine the seriousness of recovery using Knelson continuous variable discharge (CVD) technology.
The results of the test sample [...]

State-owned mining revival on the cards in South Africa 9th October 2008

The South African government announced its intention to resurrect a mining company that is owned by the state but has been dormant for about 60 years.
African exploration, Finance and Mines Corporation, which is under the control of the operator Petrosa Central Energy Fund (CEF) does not have a portfolio of the industry at present.
However, Deputy [...]

Fresnillo silver output 4%, warns on rising costs

LONDON, listed Mexican silver miner Fresnillo PLC (FRES.LN) Thursday warned investors against the impact of rising costs and volatile metal prices as it reported an increase of 4% silver production for the third quarter.
The outlook for the mining industry remains a challenge. Increased inflation and pressure on inputs and energy costs expected to impact profitability [...]

Tombstone Exploration Corporation provides update on the drilling of the summer - pending the results of assay

PHOENIX, AZ, Tombstone Exploration Corporation announced today that it has successfully completed 2593 feet of drilling based money its project in Tombstone. AZ. Six surveys (DDH) have been drilled, temC 101,102,103,104,105 and 106, to test the extension of areas of mineralization in the Bonanza and Santa Ana structures, which have historical data on mining in [...]

Mining finance and investment

JOHANNESBURG –
Currently in Jo’burg as excrement hits the fan. Here, described optimism nation rainbow has something to be happy. Exchange controls absorbed most of South Africa against the banking system in the flooding of the overall toxic debt, the near bankruptcy of financial institutions in most parts of the world.
And of course, Johannesburg is Egoli [...]

Gemini Explorations, Inc. receives joint venture proposal to develop the gold mine Tapati

CALGARY, Gemini Explorations, Inc. announced today that it is in discussions to joint venture and develop Tapati The gold mine. Meetings were held in Canada and Colombia with senior geological staff and management of Minera PRIMECAP geological services involved. Geological staff of both companies will work on the site of the Tapati Gemini and provide [...]

Simmers shelf exploration plans

Johannesburg - Simmer & Jack, the South African gold producer, has put on hold an expensive six-year exploration project to develop the resources at its Buffelsfontein mine, but he has good news about low-cost production heap leaching.
The R217m Strathmore conceptual project to put ounces at its deep mine Buffel has been shelved because turbulent financial [...]

Oil rises as traders buy amid speculation OPEC crude Cut

Bloomberg - Crude oil rose as traders took advantage of cheaper prices in eight months to buy oil, amid speculation of OPEC reduced production.
Oil that Libya has increased oil official called for a reduction in output, Qatar and the oil minister said the country has reduced production in line with quotas. OPEC President Chakib Khelil [...]

DEC to carry out the scope of Sullivan County session for Marcellus Shale Drilling

ALBANY - The State Department of Environmental Conservation will conduct a public meeting at Sullivan County Community College to discuss potential environmental impacts of drilling for natural gas in the Marcellus and Utica shale formations.
The meeting will be held at Loch Sheldrake Campus on December 4. This will be one of six hearings throughout affected [...]