• SOLOMON ISLANDS - Australian Solomons works on Gold Ridge feasibility

    Australian Solomons Gold (ASG) is using the Can$18.8 million is raised recently on the Toronto Stock Exchange to complete the feasibility study of its Gold Ridge Project located on Guadalcanal in the Solomon Islands .

  • TIBET - Xietongmen copper-gold project engineering and mineral resource studies updated

    Continental Minerals and Great China Mining are currently working on the engineering and mineral resource estimates for the feasibility study for the Xietongmen copper-gold project. The project is located 240km from the city of Lhasa in Tibet.

  • CHINA - Red Valley property intersections continue to prove up project

    Dynasty Gold Corporation"s Red Valley project has intersected additional significant gold mineralization at its Chauncigou prospect of the Red Valley property in China.

  • PAPUA NEW GUINEA - Frontier to advance Kodu project

    Frontier Resources plans to advance its major Kodu project in Papua New Guinea delineating and expanding the existing resource base.

  • AUSTRALIA - Murchison Metals advances Stage 2 of Jack Hills project

    Murchison Metals Limited will significantly progress the development of its Jack Hills Stage 2 Project in the Mid West region of Western Australia

  • INDONESIA - Woodlark Island scoping study completed

    BDI Mining has completed an internal scoping study, using external consultants, to assess the viability of developing its 100%-owned Woodlark Island gold project in Papua New Guinea.

  • PNG - Porgera getting on top of three year wall failure

    Operators of Porgera - the largest gold mine in Papua New Guinea - say they have now achieved a 60% control position on addressing a major wall failure in 2003 in the mine"s massive open pit.

  • AUSTRALIA - Consolidated Minerals to expand nickel operations

    Consolidated Minerals has set an ambitious target of 15,000 tonnes of nickel per year within the next three to five years as the company ramps up its key Western Australian nickel exploration and mining operations.

  • VANADIUM - New miracle metal

    Vanadium is a 21st century miracle metal. As society strives to make products stronger, lighter, safer and more fuel efficient, there will be ever increasing demand for the metal and the need for gradual increases in sustainable, cost-effective vanadium production,, Precious Metals of Australia managing director Roderick Smith told the Metal Bulletin"s Ferro-Alloys Conference in Prague recently.

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

    "Because we live in a vibrant democracy, you have to make surein the Philippines that you develop your projects to the highest standards. You cannot cut corners, you cannot wait two to three months after an issue has arisen to act, as you will find you will have a tsunami of opposition to deal with. You need to put all the right investments in place first and you also need a good local partner."

    Philip Romuladez, ASEAN Federation of Mining president, presenting at the Mine Exploration and Investment Asia conference held in Singapore recently.

  • PHILIPPINES - Rapu Rapu commissioning progress satisfactory

    Lafayette Mining reports commissioning of the Rapu Rapu base metals plant in the Philippines has progressed satisfactorily with routine production of on-specification copper and zinc concentrates and improved plant availability.

  • LAOS - Pan Australian eyes mid-2008 start for Phu Kham

    Pan Australian Resources Limited says it expects to bring its US$232 million Phu Kham gold and copper mine in Laos into production by mid 2008 in an environment where sustained copper shortages should support sustained higher metal prices.

  • CHINA - Jinshan Gold Mines ready to pour first gold

    In Inner Mongolia, Jinshan Gold Mines" Chang Shan Hao 217 gold project is close to pouring its first gold. It will become the fourth largest gold mine in China.

    The final feasibility study was designed not to exceed the mine permit application and indicated that the mine would be capable of producing 117,000 ounces/year of gold for the first nine years at a cash cost of about $253/ounce.

  • INDONESIA - Mangkaluku prospect trench assays encouraging

    Central and South East Asian gold production and exploration company, Avocet Mining has received positive trenching results from a recent exploration campaign over the Mangkaluku prospect in South Sulawesi, Indonesia.

  • AUSTRALIA - New Pilbara iron ore venture launched

    A significant new iron ore exploration venture targeting substantial channel iron deposits in Western Australia"s East Pilbara region has been unveiled following a three-way agreement to combine the iron ore assets of diversified resources company, Consolidated Minerals Limited, and Alkane Exploration Ltd into a newly established iron ore company, BC Iron Limited. BC Iron has launched a $6 million Initial Public Offering (IPO).

  • PHILIPPINES - New debt financing for Siana plant requirements

    Red 5 has accepted a three year debt facility at competitive margins from Société Générale CIB (Australia) with the funds allocated mainly to re-finance the Siana project long lead time capital items.

  • PAPUA NEW GUINEA - Russian investment in Nautilus Minerals

    NAUTILUS Minerals has raised US$68.5 million from investments by Russian company Metalloinvest Group and through a subsidiary of Anglo American PLC.

  • MANGANESE - Demand to grow 7% per year for next five years

    Manganese demand is expected to grow 7% per year over the next five years according to Australian manganese producer Consolidated Minerals managing director Rod Baxter.

  • NICKEL - Push to encourage more nickel exploration in South Australia

    Promoters of South Australia"s booming minerals resources sector have embarked on a campaign to attract more investment in exploring for nickel in this State.

  • SAFETY - MIRMGate site a global risk management tool

    The University of Queensland"s Minerals Industry Safety and Health Centre (MISHC) developed MIRMGate internet site to assess risk management is allowing leading mining and metals companies to achieve an even greater standard of risk assessment, helping to ensure that there is no excuse for poor health and safety performance.

  • PHILIPPINES - Berong Nickel Project granted priority status

    The Berong Nickel Project (BNC) has been granted priority development status, and is now included among the priority mining development projects monitored by the Mines and Geosciences Bureau (MGB) under the Philippines Mining Revitalization Program.

  • PAPUA NEW GUINEA - Highlands Pacific Kainantu mine production increases

    Highlands Pacific has reported a 37% increase in gold production to 8015 ounces from its Kainantu Gold Mine in Papua New Guinea during the September quarter.

  • KYRGYZ REPUBLIC - Kentor's Akbel drill targets confirmed as valid

    Kentor Gold Ltd"s exploration activities in the Kyrgyz Republic during the northern hemisphere summer have focused on systematic exploration of the Akbel, Bashkol, East Koksu and Z-Alai tenement areas.

  • AUSTRALIA - Fox considering return to nickel lair

    Copper producer, Fox Resources Limited is reassessing the potential of its Radio Hill nickel deposit in Western Australia in light of the current sustained strong prices globally for nickel..

  • PHILIPPINES - Acoje project feasibility study on schedule

    Rusina Mining"s Acoje chromite feasibility study in the Philippines continues on schedule.

    The company is considering a staged approach in the development of the Acoje project, starting with a stand-alone open pit mining project from from which cash flows can be used to fund a later underground mining operation.

  • PHILIPPINES - ASEAN business summit delivering business

    The 4th ASEAN Business and Investment Summit will be held in Cebu City, the Philippines from December 7-10.

    The ASEAN Business and Investment Summit delivers ASEAN business to the world and the world to ASEAN business.
  • AUSTRALIA-CHINA - Shaping China's ‘hot rock' electricity generation

    An Australian company has won the right to help China best determine if, how and where geothermal or "hot rocks" generated power can help service that country"s emergence as the world"s fastest growing market for electricity.

  • AUSTRALIA - Moly Mines dual listing on ASX and TSX

    Australian Stock Exchange listed Moly Mines Limited has now begun trading on the Toronto Stock Exchange raising raising Can$17,325,000 (Aus$20 million) in its Initial Public Offer.

    The ordinary shares began trading on 27 October on the Toronto Stock Exchange under the symbol "MOL."

  • AUSTRALIA - Ceremony marks world's first commercial HIsmelt® plant

    A special ceremony to celebrate the opening of the world"s first commercial HIsmelt® plant, which is operated by Rio Tinto, was held in Kwinana, Western Australia last week.

    HIsmelt is a revolutionary direct smelting technology which smelts iron ore fines and non coking coal to produce a premium grade iron product. It is a more environmentally friendly process replacing traditional ironmaking and removing the need for coke ovens and sinter plants. It is also a new source of low cost iron feed stock for electric arc furnaces.

  • COMPANY NEWS - Michelago shareholders to vote on Golden China business combination

    Michelago Limited will hold its meeting of its shareholders and option holders to approve the Golden China-Michelago business combination on December 6.

  • SINGAPORE - Successful Shared Services Expo held this week

    The Successful Shared Services Expo will be held in Singapore this week on Thursday, November 16 at the Sheraton Hotel.

  • VIETNAM - Asian Mineral Resources still pursuing final licence approvals

    Asian Minerals Resources is continuing progress work on its Ban Phuc Nickel Project in Vietnam while waiting for final approvals from the Vietnamese government for its mining licence.

  • PNG - Share placement to accelerate Yandera development

    Diversified metals company Marengo Mining will undertake an Aus $12.5million capital-raising through a share placement comprising 50 million shares at 25 cents each, to be made in two tranches to both existing and new Australian, and international institutional, and professional investors.

  • NICKEL - Supply gap to widen within decade

    A primary nickel supply gap globally is set to emerge over the next decade as the "phenomenal" demand for stainless steel outpaces production from new and existing mines, according to the Brussels-based Nickel Institute.

  • CHINA - Dynasty intersects additional mineralization at Red Valley

    Dynasty is beginning to get a better understanding of the geology, structure and alteration of its Red Valley Project in China.

  • JAPAN - CSIRO signs international coal research agreement

    A three-way coal research and development joint statement was signed in Tokyo last month.

    The three signatories were the Japan Coal Energy Centre (JCOAL); Australian Coal Research Ltd (ACR), a company established by the Australian coal industry to manage the activities of the Australian Coal Association Research Program (ACARP); and the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

  • CHINA-AUSTRALIA-HONG KONG - Sino Gold seeks to list on HKSE

    Sino Gold Limited is seeking to list on the Hong Kong Stock Exchange and has appointed Morgan Stanley Dean Witter as financial advisor for the proposed listing.

    The application process is expected to take a number of months.

  • PNG - Woodlark Island looking good for 80,000oz/year

    An internal scoping study conducted by independent consultants of BDI Mining Corp"s 100%-owned Woodlark Island Gold Project in Papua New Guinea has demonstrated the feasibility of an 80,000 ounce per year open pit mining operation with an initial mine life of four to five years.

  • AUSTRALIA - Mincor to boost Western Australia nickel output 30% in three years

    Mincor Resources Limited has set itself a goal to boost its annual nickel production by a third to 20,000 tonnes within three years.

  • COMPANY AND PRODUCT NEWS

    Patent pending for underground coal communications and tracking system

    Active Control Technology has filed for patent protection for its new ActiveMine™ technology solution, a 100% wireless communications and locating system for underground miners.

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