Company Announcement: Maiden Drill Program Commences

Cabral Resources Limited is pleased to advise that overnight its first diamond core drilling campaign at Morro do Gergelim commenced with one diamond drill rig in operation.

Company Announcement: Strengthens Brazilian management team with key appointments

International iron ore company Centaurus Metals Ltd (ASX Code: CTM) is pleased to announce two new appointments, further strengthening its in-country management team in south-eastern Brazil as it moves towards domestic production from its flagship...

Maracás vanadium project, Brazil

The 27 000 ha Maracás vanadium property, located south-west of Salvador, hosts the highest-grade known vanadium deposit in the world.

Chilean copper major plotting its route for the next 40 years

Chile’s State-owned copper miner, the Corporación Nacional del Cobre de Chile (Codelco), the world’s largest producer of the metal, has announced that it is planning a major investment programme over the next decade. “What we ourselves may...

Pacific Rim to buy Panama project, 'similar' to delayed El Salvador mine

Vancouver-based Pacific Rim Mining, which is in the midst of international arbitration brought against the government of El Salvador, has signed a binding letter of intent to buy a gold project in Panama. The Remance project has similar...

El Salvador intends total ban on mining – report

Canadian firm Pacific Rim Mining this week claimed a small victory in its arbitration against the El Salvadorian government, but President Mauricio Funes has been quoted as saying that he plans to stop mining in the country altogether. “Funes...

Hearings under way in Pacific Rim project arbitration

A hearing began on Monday in an arbitration case brought by Pacific Rim Mining against the government of El Salvador, the company reported. The hearing, on the preliminary objection filed by the government in relation to the action brought by...

International furnace company says power crisis is a major challenge

International furnace designer and supplier Tenova Pyromet technical sales and marketing manager Andre Esterhuizen tell Mining Weekly that a major cause for concern in the industry is the current power supply crises in South Africa.

Pacific Rim says arbitration tribunal formed for El Salvador case

An arbitration case brought by Pacific Rim Mining against the government of El Salvador will move ahead, as the arbitration tribunal has now been constituted, the company reported on Thursday. Pacific Rim embarked on arbitration proceedings...

Smelting company kept busy with current projects

Designer and supplier of high-capacity electric submerged-arc smelting furnaces Tenova Pyromet will see the completion of various projects over the coming years.

Condor Resources connects potential offer, shareholder requisition

Aim-listed Condor Resources believes that there is a link between shell company Classdrive plc, which has indicated it may offer to buy Condor, and a requisition received last month for an extraordinary general meeting, the firm said on Monday....

Pacific Rim freezes study on El Salvador gold mine until markets stabilise

Vancouver-based Pacific Rim Mining will defer the completion of a feasibility study for its El Dorado project, because of volatility in the capital cost estimates, as well as permitting uncertainty, the firm announced on Thursday. Pacific Rim...