PRODUCT NEWS - Maptek launches new laser survey technology

Maptek has released its latest I-Site laser scanning technology, impressing mine surveyors with its reliability and accuracy. The global mining software developer launched the new 8810 version of I-Site at the recent MINExpo in Las Vegas.

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SOUTH KOREA - First blast of main portal at Sangdong

Woulfe Mining has achieved several major milestones at its Sangdong tungsten-molybdenum property in South Korea, with the company’s subsidiary signing on to develop the commercial-scale mine and scheduling the initial blast at the main access portal this week. Sangdong Mining was appointed after a competitive tendering process of six contractors.

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SOUTH PACIFIC - Axiom private placement raises $1 million

Axiom Mining has secured $1 million in funding through a private placement of shares, with the majority going to prominent US hedge fund Drake Private Investments. The company says it will use the capital for mineral exploration activities in the Solomon Islands, including preparation of development for the nickel project on Isabel Island.

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