• INDONESIA - Dairi zinc project ready for construction start

    The start of construction is imminent on Herald Resources US$133 million Indonesian zinc mine.

    The project is regarded as one of the highest grade undeveloped zinc lead deposits in the world.

    Only one approval is needed ahead of first capital works on the high grade Dairi zinc/lead project on the island of Sumatra . First metal production is currently scheduled for the third quarter of next year.

  • Kyrgyz Republic - Steady progress for Kentor Gold

    Kentor Gold has made steady progress with its exploration activities in the Kyrgyz Republic .

    Three field parties are now deployed on several priority project areas including the flagship Akbel-Bashkol licences following up previously defined attractive gold-copper targets.

  • CHINA - Drilling progresses to 210 metres at Mangnus's Huidong East target

    Magnus Resources started drilling at the Huidong East target area of its Huidong Project in China , which also host the encouraging Dingjiaping target area, in late June.

    The work is being undertaken by two Chinese built XY-2 drill rigs. Hole targeting is based on integrated geophysical and structural (from surface mapping) targets within a coherent and significant soil geochemical anomaly.

  • PAPUA NEW GUINEA - Marengo now owns 100% of Yandera

    Diversified metals company Marengo Mining Limited has completed the acquisition of its former 50% joint venture partner in the Yandera copper-molybdenum project, in Papua New Guinea "s Madang Province , following the receipt of final approvals for the transaction from Papua New Guinea statutory authorities.

  • PHILIPPINES - Medusa lists on Frankfurt stock exchange

    Medusa Mining has started trading its shares on the Frankfurt Stock Exchange in Germany .

    The company"s policy has been to diversify its shareholder base and the listing is being undertaken in conjunction with an awareness program of the company"s activities in the Philippines which includes all German newswires and financial websites, national newspapers and investment press, TV and radio as well as Bloomberg and Reuters screens.

  • Manganese - China and India to keep driving fate of manganese market

    A steep fall in manganese prices has contributed to manganese and nickel miner Consolidated Minerals" $6.5 million loss

    Consolidated Minerals managing director Rod Baxter says that on an operating level the manganese price drop has affected the company"s profit.

  • PRODUCT NEWS - Book launched on women miners in developing countries

    A new book focusing on women miners in developing countries has been released.

    Women Miners in Developing Countries - Pit Women and Others has been edited by Kuntala Lahiri-Dutt, of the Australian National University in Canberra and Martha Macintyre of the University of Melbourne in Australia .

  • China - New project aims to protect environment from metal contaminants

    A new international collaborative research project that seeks to protect the environment from metal contaminants was launched in Beijing last month.

    The project launched at the Society of Environmental Toxicology and Chemistry Asia/Pacific Conference brought together scientists from CSIRO, the Chinese Academy of Sciences (CAS) and the Chinese Academy of Agricultural Sciences (CAAS). It was sponsored by Rio Tinto, the International Copper Association and the Nickel Producers Environmental Research Association.

  • MOVERS AND SHAKERS - Aquila makes senior executive iron ore appointment

    Aquila Resources has appointed Kevin Watters iron ore development manager. He will take up the role from November.

    Kevin Watters formerly Portman Limited general manager projects and engineering.

  • INDIA - New mining law expected by end of year

    The government of India is expected to table its new mining law in parliament by December.

    The new mining law is intended to simplify procedures for exploration and mining licences and spur investment.

  • CHINA - Sino Gold forms North Mountain joint venture in Xingjian Provincev

    One of Australia"s success story in China mining industry, Sino Gold Limited, has announced the formation of the North Mountain Joint Venture in Xinjiang Province in north-westChina.

  • PHILLIPINES - TVI reports increase of Gossan mineral resource

    New technical work at TVI Pacific Gossan Mineral resource at its Canatuan mine has resulted in a substantial increase resource.

    It is now estimated that the Gossan resource hosts 2.55 million tonnes, averaging 2.43 grams per tonne grams per tonne gold and 64 grams per tonne silver.

  • VIETNAM - Olympus doubles strike length of Phuoc Son project

    The latest drilling work at Olympus Pacific Minerals Phuoc Son gold property in Vietnam has almost doubled the strike length of the North Deposit.

    Olympus Pacific Minerals says it is gaining an improved understanding of the ore controls at Phuoc Son, which will have a significant impact on the exploration of the overall tenement.

  • CHINA - Hatu Project continues to encourage Dynasty

    Dynasty Gold Corporation continues to be buoyed by significant mineralization intersects at its Hatu Project in China .

    Drilling is currently being undertaken at the Qi-2 deposit with results to be used to plan a new resource estimate as part of the overall goal of upgrading the Qi-2 resources to reserves.

  • CHINA - Magnus's Dingjiaping target area showing encouraging results

    Magnus Resources Huidong property Dingjiaping target area continues to show encouraging alterations and mineralization.

    Magnus had drilled 1207 metres and completed two holes and has a further hole in progess. Meanwhile at the Huidong East property, the company has drilled 765.5 metres, completing 2 holes and has a further two in progress.

  • PHILIPPINES - BHPB completes Agata nickel laterite drilling

    BHP Billiton has completed a 35 hole drilling and evaluation program at the Mindoro Resources and Panoro Minerals Agata nickel laterite joint venture property in the Surigao Gold District of the Philippines . Drilling has only tested about 25% of the nickel laterite area outlined by surface work to date.

  • VIETNAM - Vinacom commits to upgrades

    THE Vietnam National Coal and Mineral Industries Group will spend US$412,000,000 in technology upgrades and production development this year.

    Vinacomin will focus on automating its coal extraction process and plans to acquire new processing equipment.

  • The SAG Mill - Quoteable quotes from around the pits

    "We are in cyclone alley, there is an unending supply of water and also we have all the government licences in place to access water."

    Michael Beer managing director of Range River Gold was asked a question from the gathered audience recently at the Melbourne Mining Club Cutting Edge Series, about where the company would access its water for the Indee Gold Mine.

  • COMPANY AND PRODUCT NEWS - Coffey acquires RSG Global Consulting

    Coffey International Limited has acquired RSG Global Consulting.

    RSG Global"s 132 employees will be integrated with Coffey Mining Pty creating the largest Australian-owned mining consultancy group. RSG Global"s head office is in Perth Australia, with regional offices in South Africa and Ghana.

  • INDONESIA - Business conference to showcase Indonesian investment opportunities to Australians

    The Festival Indonesia business conference will be held in Melbourne on Thursday and Friday, September 14-15 at the Grand Hyatt Hotel.

    With the theme, "Opportunities Next Door" the Australian state of Victoria"s Treasurer, Minister for State and Regional Development and Minister for Innovation John Brumby will provide the keynote address on Thursday morning.

  • BANGLADESH - Phulbari coal project development unsure

    Development of Asia Energy"s Phulbari coal project hangs in the balance following reports the Bangladesh government decision not to allow the mine to proceed and angry crowd protests of up to 20,000 people protesting the development of the mine.

  • AUSTRALIA - Gold production drops to decade low

    Australia"s gold production fell to 251 tonnes in the 2005-06 year, the lowest production for any financial year in the last decade according to Melbourne-based consultants Surbiton Associates Pty Ltd.

  • CONFERENCE - Mine Haulage Asia showcases global mining operators

    In October, IBC Asia will host the inaugural Mine Haulage Asia conference in Singapore from October 9-11. The focus of the conference is looking at how to eliminate rising haulage costs through increased operational reliability, safety and productivity.

  • MOVERS AND SHAKERS - BHPB executive president retires

    BHP Billiton executive president and member of the Office of the chief executive and the BHP Board of Directors Mike Salamon has retired from the company after 21 years service.

  • CHINA - Neo Alliance to raise Can$3 million to fund exploration

    Neo Alliance Minerals plans to raise Can$3 million through a non-brokered private placement of up to 6 million shares in the company at Can$0.50 each.

    Each share will consist of one common share of the Corporation and a half common share purchase warrant, with each whole warrant entitling the ivnestor to buy one additional common share at a price of $0.65 exercisable for a period of 18 months after the closing date.

  • CHINA - Jinfeng Mine gets go-ahead

    Sino Gold Limited has approved the early start of the underground development at its flagship Jinfeng Mine.

    Pre-production capital to first ore production from the underground mine in early 2008 is estimated at US$20 million.

  • PHILIPPINES - Medusa progresses work on Philippine projects

    Medusa Mining and its Philippine merged company Philsaga Mining have recently gained access to the Sinug-ang Prospect adjacent to and of the Co-O Mine on the Philippine island of Mindanao by executing an agreement with an underlying Small Scale Mining Permit owner in exchange for a 5% NSR royalty from 20 metres below existing underground workings.

  • PAPUA NEW GUINEA - Marengo completes Yandera project acquisition

    Diversified metals company Marengo Mining Limited has formally completed the acquisition of its former 50% joint venture partner in the Yandera Copper-Molybdenum Project, in Papua New Guinea"s Madang Province, following the receipt of final approvals for the transaction from Papua New Guinea statutory authorities.

  • INDONESIA - Cibaliung production aimed for first quarter 2007

    The decline development at Austindo Resources Cibaliung gold project in Java"s Bantan Province in Indonesia has begun, however staffing and equipment issues have put the development behind schedule

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