Quaterra sees 41m lb/y copper mine at MacArthur

Vancouver-based Quaterra Resources on Wednesday announced the results of a scoping study at its MacArthur copper property in Nevada, outlining a potential 41-million-pound yearly operation coming at a capital cost of $232.7-million. The project...

Company Announcement: Rio Tinto sets out track record as Olympics medals provider

Rio Tinto today set out its ethical track record to support its role as the official metal provider for the 4,700 medals for the London 2012 Olympic and Paralympic Games.

Two years after UBB tragedy, Alpha Natural to board up coal mine for good

On the eve of the second anniversary of the Upper Big Branch coal disaster that left 29 miners dead, Alpha Natural Resources, the third-biggest US coal producer by sales, said it will not reopen the operation. Alpha bought the mine, which has...

New Horizon starts PFS on Utah project

Coal hopeful New Horizon Coal would undertake a prefeasibility study on its Kinney coal asset, in Utah. The launch of a prefeasibility study followed the February announcement of a 26.1-million ton Joint Ore Reserves Committee- (Jorc-) compliant...

Products do their bit in Quebec

Diamond drill bits from global mineral exploration company Boart Longyear are having a positive impact on iron-ore drilling operations in the remote area of Schefferville in northern Quebec, Canada.

SA improves in global mining ranking – survey

South Africa ranked 54th out of 93 global mining jurisdictions in this year’s Survey of Mining Companies, compiled by Canada’s Fraser Institute. This compared with South Africa’s 67th place out of 79 jurisdictions last year. South...

Fraser Institute poll names New Brunswick most attractive mining jurisdiction

New Brunswick has snatched the title as the most attractive jurisdiction to explore for minerals and build mines in the Fraser Institute’s yearly survey, jumping from last year’s position of twenty-third to beat Alberta. Of the 93...

Atlas Iron cuts shipping target after cyclone

Iron-ore miner Atlas Iron on Wednesday revised its shipping guidance for the 2012 financial year following damage to the Utah shiploading facility caused by tropical cyclone Heidi. COO Jeremy Sinclair said in a conference call that Atlas Iron’s...

Company Announcement: Views from the Trading Floor

Saints & Sinners
 
Oil & Gas
 
Yesterday we highlighted Red Emperor (LON:RMP) and Range Resources (LON:RRL) as two stocks that were getting a lot of attention. Volumes over the last few trading sessions have been through the roof, ahead of...

Company Announcement: Drilling Continues At Paradox Basin Potash Project in Utah

Potash Minerals is pleased to advise that drilling at State Hole #3 at the Paradox Basin Potash Project, Utah, is still expected to finish at the end of this quarter, despite the challenging weather conditions at site.

Transit changes name to reflect potash focus

ASX-listed Transit Holdings Thursday embarked on a name change to Potash Minerals in order further reinforce the company’s focus on potash. “About 80% of our market capitalisation is attributable to our potash activity and there is a huge...

Bingham Canyon mine, US

A Rio Tinto-controlled mine situated in the US.