News Briefs

Greenpeace co-founder, ‘dropout’ to keynote PDAC workshop

April 25, 2012

Patrick Moore, Greenpeace co-founder and author of Confessions of a Greenpeace Dropout: the Making of a Sensible Environmentalist, will give the keynote address on May 18 at the Prospectors and Developers Association of Canada’s (PDAC) Student-Industry Mineral Exploration Workshop (S-IMEW) in Sudbury. Moore, a leader of the international environmental movement for more than 30...

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Rosemont copper mine gets Aquifer Protection Permit

April 10, 2012

Augusta Resource Corp. said this morning that its Rosemont copper/moly/silver mine south of Tucson has been issued its Aquifer Protection Permit by the Arizona Department of Environmental Quality. The APP establishes the operating standards and controls to ensure the protection of ground water and is effective for the life of the mine. Rosemont has now...

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ITH Mines likes Alaska’s deal for keeping energy costs down

April 4, 2012

International Tower Hill Mines Ltd. said this morning that the State of Alaska has reached a landmark settlement with major oil producers BP PLC, Exxon Mobil Corp. and ConocoPhillips for the study of a major liquefied natural gas pipeline at the Point Thompson gas field on the North Slope of Alaska’s northernmost coast. A...

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Peabody endorses CORESafety, a new program by NMA member companies

April 3, 2012

Peabody Energy has endorsed and will be participating in CORESafety, a new safety and health management system developed by member companies of the National Mining Association for the U.S. mining industry. CORESafety is the result of nearly two years of collaboration among NMA member company safety professionals to achieve an industry goal established in 2010 by...

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Gryphon Gold completes first test-production pour at ADR plant at Borealis

April 3, 2012

Gryphon Gold Corp. has completed a test-production run at its adsorption-desorption-recovery plant at its Borealis property in Nevada, it reported this morning. The test was successful. The test included the pouring of two doré bars from loaded carbon extracted from the oxide heap-leach project. The doré bars have been sent for laboratory testing and...

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Endako moly mill complete, reaches commercial production

February 8, 2012

Thompson Creek Metals Co. Inc. reported yesterday that the commissioning of its new Endako mill near Fraser Lake, BC is complete and that commercial production was achieved on Feb. 1. For the first five days of February, the new mill was running at or above its design capacity of 55,000 tpd, a 77% increase over...

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Wildcat has substantial resource increase at southern Arizona silver mine

February 6, 2012
Wildcat has substantial resource increase at southern Arizona silver mine

Wildcat Silver Corp. has greatly increased — to about 270 million ounces — the silver resouces at its Hermosa project in Santa Cruz County, southern Arizona, it reported this morning. The updated mineral resource comprises an indicated resource of 101.4 million tonnes of 53.18 gpt silver for 171.3 million ounces and an inferred resource of...

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Molycorp says $390 million investment from Molymet will fuel growth, vertical integration

February 1, 2012

Molycorp Inc. said today that a $390 million strategic investment from Santiago-based Molibdenos y Metales S.A. (Molymet), the world’s largest processor of the strategic metals molybdenum and rhenium, will finance its growth and will help the rare-earth processor continue to pursue its vertical supply chain integration business model. The Chilean firm gets 12.5 million...

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U.S. Silver working on reopening of Coeur mine; production targeted for year-end

January 31, 2012

U.S. Silver Corp. is proceeding with development work to support the re-opening of the Coeur silver mine, which is adjacent and connected underground to the company’s operating Galena mine in the prolific Silver Valley near Wallace, Ida., the company said today. First production from the Coeur mine is targeted for the end of this...

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Westmoreland Coal buys Kemmerer mine in southwest Wyoming

December 27, 2011

Westmoreland Coal Co. said this morning that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus about $14 million in working capital. The Englewood,Colo.-based miner said it anticipates that the purchase price will be funded through a combination of cash consideration...

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