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Graystone Announces Project Plan for Its Mining Projects in Peru
February 1, 2012
Graystone Company has announced its project plan for its mining projects in Peru. The company recently announced that preliminary assay results demonstrated approximately 0.7 grams of gold per cubic meter with a high of 1.47 grams per cubic meter on the…
Casablanca Mining Subsidiary Agrees to Sell Equity Interest in Sulfatos Chile to Bluestone Minerals
February 1, 2012
Casablanca Mining subsidiary, Santa Teresa Minerals, has entered into an agreement to sell its 60 percent interest in Sulfatos Chile to Bluestone Minerals. The purchase price will be cash in the amount of $2.2 million, payable $1 million at closing and…
MP Tony Windsor Welcomes Mining Committee Appointments
February 1, 2012
Independent MP Tony Windsor has described the interim appointments to a scientific committee that will advise on new mining and coal seam gas projects as a good “first step”. The New England MP demanded the committee be set up in exchange…
NSW Government Rejects Tinkler’s Coal Loader Proposal
February 1, 2012
The State Government has rejected mining magnate Nathan Tinkler’s multi-billion dollar proposal for a fifth coal loader on the former BHP Steelworks site at Mayfield. Premier Barry O’Farrell has issued a statement saying following an assessment, the Government believes the potential…
Pakistan Mines Workers Call for Effective Safety Measures After Recent Accident
February 1, 2012
Pakistan Mines Workers Association stressed the need for adopting effective precautionary measures for coal-miners so that increasing incident of laborers death working in col mines could be avoided. PMWA Balochistan president Noor Zaman Khan and general secretary Haji Noor Mohammad Khan…
NTPC Uses E-Auction Route for Coal Buy
February 1, 2012
Domestic coal shortage has prompted state-run power producer NTPC to buy coal through e-auction, at rates lower than the market prices. The coal producer would have more than doubled its imported coal consumption by the end of the current financial year…
Mining Firms Continue Relief Operations for Victims of Tropical Storm Sendong, Philippines
February 1, 2012
The association of large-scale mining companies in the Philippines is still up with its relief operations for victims of Tropical Storm Sendong. The Philippine Mine Safety and Environment Association (PMSEA) representatives have been in Cagayan de Oro City since December 21,…
China Plans to Invest $10 Billion in Pakistan’s Energy Sector
February 1, 2012
China’s state owned Three Gorges Corp. plans to invest $10 billion by 2018 in Pakistan’s energy sector and a delegation is scheduled to visit Pakistan on February 7, officials said on Friday. The Hong Kong based United Energy Group Limited of…
Anglo American Lends its Expertise to Business Leadership Council for a Generation Born HIV Free
February 1, 2012
Anglo American’s chief executive joined world business leaders in Davos to launch the Business Leadership Council Generation Born HIV Free. The private sector led initiative aims to end the transmission of HIV from mothers to children by the end of 2015…
Columbus Gold Reports French Gov’t Passes New Legislation Establishing Mining Zones in French Guiana
January 27, 2012
The National Government of France has approved critical new legislation respecting the development of the mining industry in the region of French Guiana where Columbus Gold is advancing its 100 percent owned Paul Isnard gold project, which includes the 43-101 compliant…
