• PHILIPPINES - Discovery of blanket-style gold mineralization

    Medusa Mining has discovered sub-horizontal blanket-style gold mineralization in the Tambis Bananghilig area of the Philippines, including a horizontal drill hole intersection of 98.9 metres at 4.23 grams/tonne gold.

  • CHINA - Expanding a gold Dynasty

    Dynasty Gold"s interim president and CEO Ivy Chong has pledged to continue to work with the company"s stakeholders to seek new opportunities in China and expand the company"s relationships within the investment community.

  • PAPUA NEW GUINEA - High grade assays from Yandera

    Rock chip and float samples from satellite prospects at Marengo Yandera Project in Papua New Guinea have produced significant gold, silver and base metal assays.

  • INDONESIA - Olympia progresses zircon concentrate plant

    Olympia Resources has agreed to buy the land and equipment for a 15,000 tonnes/year zircon concentrate processing plant in Sampit in Central Kalimantan, Indonesia.

  • KAZAKHSTAN - Production target lifted

    Kazatomprom expects to be the world"s largest uranium producer by 2010 from 16 mines, and has projected 18,700 tonnes uranium production in 2015.

  • PHILIPPINES - Further positive Agata drill results

    Mindoro Resources has had further positive drill results from the northern laterite zone on the Agata nickel and iron project in the Philippines.

  • INDONESIA - Promising Blongas II intersections

    Southern Arc Minerals has received promising drill results from its Blongas II porphry copper and gold deposit in Indonesia.

  • CHINA - Sino Gold proceeds with takeover

    Sino Gold"s takeover of Golden China will proceed following unanimous support from Golden China"s directors and shareholders.

  • CHINA - Magnetic alloy plant open

    Showa Denko KK (SDK) has opened its second rare-earth magnetic alloy plant in China.

    The plant, under construction since August 2006 and completed at Ganzhou, Jiangxi Province, has the capacity to produce 2000 tons per year of neodymium-based alloys for high-performance magnets, using SDK"s advanced quick-cooling technology.

  • URANIUM - Uranoz acquires geothermal assets

    Uranoz Limited has added geothermal exploration assets inAustralia and Asia to its suite of uranium projects.

  • PHILIPPINES - Co-O gold resource increases

    New resource and reserve estimations at Medusa Mining"s Co-O mine in the Philippines have significantly increased the contained ounces of gold at the project.


    Wanted to buy:NIOBIUM - It"s most mixed by alloy.
    For Sale: Undecanedioic acid (C11H20O4)

  • MONGOLIA - Ooshiin Govi sale finalized

    East Asia Minerals Corporation has finalized the sale of the Ooshiin Govi uranium property in Mongolia to Compagnie Française de Mines et Metaux, a subsidiary of Areva NC, for Can$83 million.

  • KYRGYZ REPUBLIC - Savoyardy drilling starts

    Kentor Gold has started diamond drilling at the Savoyardy gold project in the Kyrgyz Republic.

  • PAPUA NEW GUINEA - Fieldwork suggests high-grade sea-bed system

    Exploration fieldwork at Nautilus Minerals" Solwara 1 project in the territorial waters of Papua New Guinea suggests an extensive high-grade copper and precious metal sulphide system.

  • MONGOLIA - Drilling begins at Copper Ridge prospect

    QGX has started exploration drilling at the Copper Ridge massive sulphide prospect, about 3km from the Central Valley Zone copper-gold-silver massive sulphide deposit at Golden Hills, western Mongolia.

  • MONGOLIA - Uranium exploration licences acquired

    Uranium 308 Corp has acquired two exploration licences in Mongolia as a result of its acquisition of Mongolia Energy Limited.

  • PHILIPPINES - Crew refutes Mindoro claims

    Crew Minerals has refuted claims made by the Norwegian Broadcasting Company (NRK) about the company"s activities at the Mindoro Nickel Project in the Philippines.

  • IRON ORE - Major projects to proceed

    Western Australian iron ore company Gindalbie Metals has executed a Joint Venture Development Agreement with Chinese steel and iron ore company, Anshan Iron & Steel Group Corporation (Ansteel), to proceed with development of the Karara Magnetite Project and Mungada Hematite Projects in Western Australia.

  • IRON ORE - Mungada resource upgrade

    Gindalbie Metals has announced a further substantial upgrade in mineral resources for the Mungada Hematite Project in Western Australia to 27.1 million tonnes grading 61.7% iron.

  • VIETNAM - Ban Phuc viability confirmed

    The latest financial statements from Asian Minerals Resources" Ban Phuc project in Vietnam confirm the nickel, copper and cobalt project"s potential.

  • INDONESIA - Sangihe prospect a priority target

    East Asia Minerals has confirmed that its Binebase-Bawone gold prospect on Sangihe Island, Indonesia, is a priority exploration target.

    This follows a trench intercept of 7.8 metres grading 15.6 grams/tonne gold and 195 grams/tonne silver from the Brown Sugar Zone at the south end of the prospect.

  • CHINA - Astron sells zirconia business

    Astron Limited will sell its Chinese-based zirconia materials business to Imerys SA, a French multi-national minerals processing company for a total cash payment of about Aus$220 million.

  • PHILIPPINES - Exploration Permit for Batangas

    Mindoro Resources has been granted an Exploration Permit covering five parcels of land within its Batangas gold and copper project area, Luzon Island, Philippines.

  • INDONESIA - Strong half predicted

    Straits Resources expects production increases across all commodities at its Australian and Asian operations during the second half of 2007.

  • PHILIPPINES - Rusina to export first nickel ore

    The first direct ship laterite nickel ores from Perth-based Rusina Mining Limited"s Philippines project will be exported this month.

  • IRON ORE - Study confirms Karara viability

    A Bankable Feasibilty Study has confirmed the financial viability of the Karara Magnetite Project in Western Australia"s Mid West.

  • NICKEL - Record shipment to China

    Fox Resources has made a record shipment of 8216wmt of bulk nickel and copper concentrate to China.

  • GOLD - Australian production begins to rise

    Australian gold production totalled 63 tonnes in the June 2007 quarter, a rise of 4.5% over the previous three month period, according to Melbourne mining consultants Surbiton Associates.

  • TIN - Strong intercepts continue at Doradilla

    YTC Resources has obtained significant tin assay results from aircore drill holes on the 3KEL deposit at its Doradilla Project in New South Wales.

  • MOVERS AND SHAKERS - Sparton appoints chief financial officer

    Sparton Resources has appointed Jocelyn Cote as chief financial officer, bringing more than 20 years of academic and industry experience in the financial sector to the company.

  • MOVERS AND SHAKERS - Project manager for Finders

    Finders Resources has appointed Grant Harding as operations manager, with initial responsibility for project management and completion of the feasibility study and development of the Wetar copper project.

  • PHILIPPINES - Nickel export port ready this month

    Rusina Mining expects to begin nickel laterite ore shipments from its Acoje project in the Philippines next month after DMCI advised that the main pier at the Santa Cruz export port will be ready shortly despite interruptions caused by extended monsoonal conditions.

  • CHINA - Dynasty evaluating Hatu potential

    Dynasty Gold Corp is undertaking an exploration program to further evaluate the potential of the 600sqkm of exploration licences it holds at the Hatu Gold Project in China.

  • MONGOLIA - Strong molybdenum prospects

    An induced polarization (IP) survey at QGX"s Khotgor prospect in southern Mongolia has confirmed a large hydrothermal molybdenum system with the potential for a significant discovery.

  • LAOS - Phu Kham ahead of schedule

    Development of Pan Australian"s Phu Kham copper-gold project in Laos is ahead of the scheduled mid-2008 start-up for first concentrate production, and within the US$241 million capital budget.

  • PHILIPPINES - Delta to advance southern Agata

    Mindoro Resources has reached agreement with Delta Earthmoving to explore and possibly develop a new nickel laterite prospect in the southern part of the Agata project, Surigao District, Mindanao, Philippines.

  • COMPANY AND PRODUCT NEWS - Mining solutions

    Becker Mining Systems, of Friedrichsthal, Germany, offers solutions for underground mining applications focusing on automation and communications, energy distribution, man and material haulage as well as safety and monitoring.

  • MONGOLIA- Lookout Hill shows promise

    Entrée Gold is continuing exploration at its Lookout Hill gold and copper project area in Mongolia.


  • CHINA - Jinshan starts new drilling program

    Jinshan Gold Mines has started Phase II drilling at the Dadiangou gold property in Gansu Province, China, aimed at testing strike extensions where earlier drilling defined gold mineralization over a 2km strike length.

  • IRON ORE - Joint venture with Baosteel

    Fortescue Metals Group has finalized a joint venture agreement with a wholly owned subsidiary of China"s largest steel mill, Shanghai Baosteel Group Corporation, to explore and potentially develop a targeted one billion tonne prospective magnetite deposit within Fortescue"s tenement areas in the Pilbara region of Western Australia.

  • URANIUM - Forum will be part of China Mining 2007

    China is looking for close international cooperation in the construction and management of the country"s nuclear power stations in order to fill the gap between the current technical level in China and internationally. This offers enormous business opportunities for foreign nuclear power companies in China.

  • URANIUM - China's reactor developments move ahead

    Tianwan-2, the second of two 1000 MWe reactors built by Atomstroyexport in China, has started commercial operation.

  • COMPANY AND PRODUCT NEWS - Axiom raises funds

    Axiom Mining aims to raise Aus$4 million to accelerate the company"s exploration and drill programs in Australia and Vietnam. The funds will also be used to acquire new assets and for working capital.

  • PHILIPPINES - Mindoro will be fast tracked

    Crew Minerals intends to fast track its Mindoro project in the Philippines to allow for production of 60,000 tonnes per year of nickel.

    The decision follows an independent technical desk top study, which recommended a staged development with stage one involving establishment of a two-autoclave high pressure acid leach (HPAL) plant for processing of limonite ore while stage two involves the addition of an atmospheric leach facility (ATL) for the processing of saprolite ore.

  • MONGOLIA - QGX takes steps to secure mining licence

    QGX has initiated a drilling program and geotechnical studies at the Central Valley Zone of Golden Hills copper, gold and silver project in western Mongolia, as part of requirements to convert the exploration licence to a mining licence.

  • CHINA - Sentient invests in coal and energy joint venture

    The Sentient Group, a private equity firm focussing on the metals, minerals and energy sectors, has invested US$34m for a 30% stake in SDIC Xiyang Energy, a joint venture that will operate two anthracite coal mines and a 270MW coal-gangue fired power station in Shanxi Province, China.

  • INDONESIA - Copper-gold drill targets identified

    Detailed geological mapping, geochemical sampling, scout drilling and new studies by independent geophysical consultants have defined 15 porphyry copper-gold drill target areas within Southern Arc Minerals" Selodong Intrusive Complex (SIC) in Indonesia.

  • KAZAKHSTAN - Toshiba buys into uranium mine

    Several Japanese companies have bought 40% of the Kharasan uranium mine project in Kazakhstan, entitling them to that share of production which is expected to reach 5000 tonnes uranium/year by about 2014.

  • MONGOLIA - Copper and gold exploration

    Ivanhoe Mines is continuing exploration of its copper and gold projects in Mongolia.

    Primary focus has been on the Kharmagtai project where a 5100-metre diamond-drilling program is continuing. Drill targets were defined by the survey carried out earlier in the year. A program is also under way at the central Kharmagtai deposits.

  • PHILIPPINES - Didipio on schedule

    Progress on the Didipio Gold and Copper Project development remains on schedule and on budget.

    Project development comprises four years of open cut mining, followed by at least 11 years of underground sub-level caving operations.

  • PHILIPPINES - Agata nickel project fast-tracked

    Mindoro Resources reports positive drilling results from a further 13 holes at the Agata nickel laterite project in northern Mindanao, the Philippines, and now intends to fast-track the project.

  • CHINA - Zhaojin begins new Luxi exploration

    Sparton Resources has confirmed that Zhaojin Mining Industry has assumed management and operational responsibility for Yunnan Sparton Minerals Company (YSM) and the Luxi Gold Project in Yunnan Province, China, and has started a new exploration program.

  • MOVERS AND SHAKERS - TVI appoints chief financial officer

    TVI Pacific has appointed Joseph Bronneberg as vice president, finance and chief financial officer.

  • MOVERS AND SHAKERS - Badarinarayan president of Potain India

    TR Badarinarayan is president of the newly formed Potain India. He was previously chief executive of Shirke Construction Equipments, which was acquired by The Manitowoc Company. The new business operates under the name Potain India.

  • COMPANY AND PRODUCT NEWS - Ritchie Bros sets auction records

    A single buyer purchased Aus$16 million worth of equipment at a Ritchie Bros auction in Brisbane on September 18, setting a new single buyer record for the company"s auctions worldwide.

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