• PHILIPPINES - Siana go-ahead expected by December

    A mine development decision is expected by December on a US$45 million gold project being developed in the Philippines by ASX-listed Red 5 Limited.

  • CHINA - New joint venture in Golden Triangle for Sino Gold

    Sino Gold Limited has formed a new joint venture covering seven exploration licences in the Golden Triangle region.

    The package of tenements is situated on the boundary of the Guizhou and Yunnan Provinces , about 150km west-northwest of the Jinfeng Mine. Previous work by the partner, Brigade 105, has focussed on shallow gold mineralisation and there are a number of prospective exploration targets identified for follow-up drilling on the tenements.

  • NICKEL - Nickel exploration needs three-fold funding boost

    A Tasmanian nickel producer says the commodity needs up to three times the funds spent on exploration in Australia than is currently budgeted for if the nickel shortfall is to be addressed.

  • ALUMINIUM - Production capacity expanding rapidly in Australia, China, Russia and Middle East

    Aluminium production is an expanding industry in Australia and with added capacity in China , the Middle East and Russia , the provision of energy requirements for increased production is a major issue of consideration.

  • CHINA - Dynasty moving to measured and indicated resource status for Qi-2

    Dynasty"s Hatu Property 2006 drill program has proved successful for the company and it is on target to upgrade the Qi-2 resource to measured and indicated resource status as a result of its infill drilling program.

    Dynasty president and CEO Brian McEwen says that defining additional high grade areas in the deposit has been one of the targets of the infill program to upgrade the Qi-2 resources.

  • PHILIPPINES - First Tambis Banaghilig ore being treated

    Medusa Mining Limited (Medusa) and Philsaga Mining Corporation (Philsaga) report that development of their second mine at the Tambis Banaghilig Mine gold project in the Philippines is progressing rapidly, with the first batch treatment due to occur in late October or early November.

    The first batch treatment of ore from the joint venture partners Medusa Mining and Philsaga Mining Tambis Banaghilig Mine gold project in the Philippines is currently being processed.

  • The SAG (Said and Grab) Mill - Quoteable quotes from around the pits

    "Government and community is important to have on your side when you"re developing a new project because without it, you"re buggered."

    Peter Lester, Oxiana in a presentation to the Asia Pacific Down Under Conference held in Perth recently.

  • MOVERS AND SHAKERS - Marengo pre-feasibility study manager appointed

    Marengo has appointed David Swain of Swain Associates to manage the Yandera pre-feasibility study on the Yandera Project. The study will include preliminary mine design and open pit optimisation, metallurgical testwork, plant flowsheet design and throughput options with capital and operating cost estimates. A number of these activities have started.

  • PRODUCT NEWS - Security Locknut expands metric size range

    Security Locknut has responded to increased global demand for metric sizes of its innovative locknut that is capable of maximum holding power and able to be removed and reused many times over.

  • INDONESIA - Agincourt starts Martabe drilling

    Agincourt has started drilling at its recently acquired Martabe gold and silver project on North Sumatra in Indonesia.

  • CHINA - Golden China shareholders approve Michelago business combination

    Golden China shareholders have approved the planned business combination with Michelago Limited

    Golden China chairman Douglas Betts says: "Not only does approval of the transaction by Golden China shareholders mark a significant milestone in the closing of this deal, but it also validates the transaction. Golden China shareholders have overwhelmingly voted in favour of the Business Combination because it will create value for them.

  • HUMAN RESOURCE ISSUES - Doing more with less labour

    With the ramp up in global minerals demand pushing existing mines to capacity and placing increasing pressure on equipment, infrastructure, services and people, the mine manager of today faces a considerable array of challenges.

  • PHILIPPINES: Mine safety conference showcases industry excellence

    The Philippine Mine Safety and Environment Association will host the 53rd Annual National Mine Safety and Environment Conference on November 15-17 in Baguio City.

    A number of activities will be held in conjunction with the event, including a mining symposium and mine tours of Philex Mining Corporation and Benguet Corporation.

  • PHILIPPINES - Medusa commits $US350,000 per month for drilling

    Medusa Mining Corporation and Philsaga Mining Corporation have completed initial identification of drilling targets, which span 70km of strike length within the richly endowed East Mindanao Ridge in the Philippines.

  • NICKEL - Prices are too high says nickel expert

    The volatility in world nickel prices should be considered extreme but there should be no reason to lament when it returns to more normal levels, according to one of Australia"s most experienced nickel and resources commentators.

  • AUSTRALIA - PMA enters Geraldton iron ore alliance

    Precious Metals Australia Limited has joined the Western Australia-based Geraldton Iron Ore Alliance.

    Membership of the Alliance has grown to seven and further strengthened the participation by Mid West resources companies in developing a coordinated approach to common-user infrastructure in the region.
  • Tiberon comments on recent trading activity

    Recent trading of Tiberon"s shares on the Toronto Stock Exchange has raised a few questions about a possible takeover bid for the company which is developing the Phui Nao tungsten-fluospar-bismuth project in Vietnam.

  • COMPANY NEWS - Coffey RSG acquisition creates largest Australian mining consultancy

    Coffey International Limited"s acquisition of RSG Global Consulting Pty Ltd will create the largest Australian-owned mining consultancy group giving them a presence in Australia, Asia, Africa and the Americas.

  • PHILIPPINES - Dinkidi mills ordered

    Climax Mining Ltd continues to move closer towards production at its copper-gold project at Dinkidi in the Philippines with the announcement of further capital equipment purchases and successful continuation of the planning and construction activities at site.

  • CHINA - Mineralisation for Dynasty at Red Valley project

    Dynasty Gold Corporation"s first drill program at the Red Valley project in China has intersected gold mineralization in several holes, including 8 metres @ 4.19 grams per tonne gold; 3 metres @ 9.96 grams per tonne gold with 1 metre @ 25.85 gram per tonne gold and 12 metres @ 1.33 grams per tonne gold; also a third hole has netted 7 metres @ 1.91 grams per tonne gold.

  • INDIA - Indo Gold expects AIM listing and capital raising next month

    Indo Gold is expected to list on London"s Alternative Investment Market and plans to raise Aus$10 million for its projects in India.

    Indo Gold Mines is drilling the Jagpura project in Rajasthan with the main targets at Bhukia, including the Mahi and Panch Mahuri zones in where a JORC-compliant resource of 1,740,000 ounces of gold up to 150 metres below surface has been delineated.

  • PNG - Yandera JORC estimate planned for year-end

    The first JORC resource estimate for one of Australasia"s largest potential copper-molybdenum projects is expected to be announced by the end of the year, according to ASX-listed Marengo Mining Limited.

  • PHILIPPINES-AUSTRALIA - Medusa shareholders approve AIM listing and capital raising

    Medusa Mining Limited shareholders have approved the company"s plans to list on London"s Alternative Investment Market (AIM) later this year, embark on a $15 million capital raising and merge with Philsaga Mining Corporation (Philsaga).

  • HONG KONG - AUSTRALIA - Noble Group invests in

    HONG KONG - AUSTRALIA - Noble Group invests in Windimurra vanadium project

    Ferro-alloys company Precious Metals Australia Limited has received a significant boost as it advances re-development of the $175 million Windimurra Vanadium mine in Western Australia after Hong Kong-based Noble Group Limited exercised its option to provide $21.7 million in funding and acquire a 10% direct equity stake in the Windimurra Project.

  • VIETNAM - Tiberon project stake increase knocked back

    Tiberon"s Vietnamese investments have received a setback following a knockback on increasing its stake in the Nui Pao tungsten project by 7.5%.

    Tiberon had hoped to increase its ownership of the Nui Phao project to 77.5% by acquiring the 7.5% stake of its joint venture partner Export-Import Investment Company Thai Nguyen (Intraco.)

  • CHINA-AUSTRALIA - Sino enters ASX top 200

    China-focussed, ASX-Listed Sino Gold Limited has been admitted in the Standard and Poors ASX 200 list.

  • MOVERS AND SHAKERS - New CFO at Rusina

    Rusina Mining has appointed Mark Hanlon as chief financial officer and company secretary.

  • PAPUA NEW GUINEA - Marengo starts Yandera prefeasibility

    Diversified metals group Marengo Mining Limited has started a pre-feasibility study on its 100%-owned Yandera copper-molybdenum project in Papua New Guinea after unveiling a preliminary mineral resource estimate for the central portion of the project totalling more than 4 billion pounds of contained copper metal equivalent.

  • PHILIPPINES - Oceana and Climax merger necessary for world-class producer in Pacific rim

    Merger player, OceanaGold Limited, says its proposed marriage with Climax Mining should start delivering increased production of around 555,000 ounces of gold equivalent by 2009 from their combined New Zealand and Philippines assets.

  • LAOS - Progressive year at Phu Kham copper-gold project

    It has been a year of progress for rising Australian mining star Pan Australian Resources with the development of its Phu Kham copper-gold mine in Laos.

  • CHINA - Sino enters new exploration joint venture with Hexi Gold

    This story is published in English and Chinese - see below for Chinese version

    Sino Gold Limited and Zhaoyuan Hexi Gold Limited (Hexi Gold) have formed a new exploration joint venture in Shandong Province - China"s largest gold-producing province.

    The joint-venture tenements cover portions of regional, deep-seated faults along strike from a number of significant gold mines. Gold mineralisation has been identified on two tenement areas as a result of drilling and small-scale mining operations.

  • TIWI ISLANDS - Aerial survey for islands

    Northern Territory geoscientists began a detailed airborne geophysical survey of the Tiwi Islands last week to assess their mineral exploration potential.

    Northern Territory Geological Survey (NTGS) director Richard Brescianini says: "The survey is a great investment, greatly improving our geological understanding of the islands. The data will also assist exploration companies track down potential mineral resources, including mineral sands and diamonds.

  • MALAYSIA-INDONESIA-TAJIKSTAN-CHINA - Lower gold production for Avocet

    Avocet Mining is experiencing temporary lower gold production but is expecting to recover lost production to reach levels of previous years.

    Gold production is down 11% to 92,000 ounces. Avocet has announced its operational issues to September 30 in advance of its interim result release expected on November 15.

  • PHILIPPINES - Balabag drilling halfway and more licences in Tibet, Golden Triangle

    TVI Pacific has reported it is halfway through its drilling program at its Balabag Project in the Philippines. The second phase drilling program at Balabag consists of a 44 hole program with a combined aggregate of 6870 metres.

  • SAG (Said and Grab) Mill - Quoteable quotes from around the pits

    "Molybdenum, as well as being difficult to spell and difficult to pronounce has a wealth of uses. Its substitution is more difficult and it is better to pay more for it than try and find a substitute."

    Les Emery, Marengo Mining managing director. Marengo is developing the Yandera project in Papua New Guinea.

  • PHILIPPINES - Trade mission for companies to explore ASEAN possibilities

    The Australia Philippines Business Council has organised a trade and investment mission to the ASEAN Business Summit being held from December 6-13 in Cebu in the Philippines.

  • MOVERS AND SHAKERS - Astron expands board

    Astron Limited has appointed two additional board directors.

    The appointments increase the Astron Board to five directors including three non-executive directors.

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