NORSEMONT Mining announced a major discovery Constancia project in Peru

TORONTO and LIMA, NORSEMONT MINING INC. today announced that the company made a new discovery to the Company for 100 one hundred controlled Constancia copper, molybdenum, silver project in south-eastern Peru. Pampacancha The anomaly was discovered approximately 2.7 kilometers southeast of the Constancia - San Jose deposit and is located in an area where the [...]

Govt sets to attract new mining projects

MANILA, Philippines - Mining companies lured by attractive prospects in the country, but distrust of local opposition could prevent noise barriers in partnership with government, the country’s natural resources minister said.
The Philippines is located on top of $ 1 trillion worth of unexplored copper, gold, nickel and zinc reserves, and hopes to attract nearly $ [...]

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 [...]

Channel sampling extends the gold mineralization in Houston Lake Mining of the West Cedartree project

SUDBURY, ON, Houston Lake Mining Inc, an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to provide assay results of a portion of a recently completed stripping, washing and channel sampling on its Dogpaw Lake property. Dogpaw is one of eight contiguous property of the Corporation West Cedartree [...]

Dung Quat refinery to use the imported crude oil

The Vietnam Oil and Gas Group (PVN) is negotiating with BP of Britain and Shell in the U.S. to import crude oil to the refinery in Dung Quat, which should begin operation in February the next year.
PVN has said it intends to import oil to meet 30% asked Dung Quat oil estimated at 3.5 million [...]

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 [...]

Kinross Gold, Ivanhoe, RIM, Uranium One: Canada Stock Movers

Bloomberg, The following companies have had little price trends in trade. Stock symbols are in parentheses, and share prices are as of 11:08 am in Toronto.
The Standard & Poor’s / TSX Composite Index fell 0.6 percent to 9997.74 after more than 3.3 percent earlier.
Gold mining companies fell as metal prices fell after three days of [...]

North American mining sectors: a company and Industry Analysis (June 2008) - Prices for primary metal products in Canada increased by 9.2% in the first quarter of 2008

DUBLIN, Ireland has announced the addition of “North American mining sectors: a company and Industry Analysis (June 2008) compared to their offer.This report updates the previous North American mining report, focusing on markets in Canada and the USA
Current environment - Key Points
- During the first quarter of 2008, rising world prices of commodities led the [...]

U.S. precious metals proved announcement of gold, silver and copper reserves found in Mexican mining, road building permits granted

CELEBRATION, USA Precious Metals, Inc.CEO and Chairman of the Board of Directors Mr. Jack Kugler essay published data for some intervals of drill holes 8 and 9 today. Hole No. 8 the intersection of 20 feet in 0206 opt gold, 0.88 opt silver and 1.06% copper. No. 9 hole intersection of 18 feet in 0146 [...]

The drop in oil below $ 90 a Barrel on concern demand will weaken

(Bloomberg) - Crude oil fell below $ 90 a barrel for the first time since February that the credit crisis has worsened in Europe, adding that the concern of global economic growth should slow down and reduce demand for fuels.
Oil fell as low as $ 88.89 a barrel in New York that European leaders have [...]