The Conga gold/copper mine in Peru — which some area residents feared would hurt local farmers’ water supplies — has now built in a reservoir system that will give the farmers better year-round access to water, Newmont Mining Corp. said this morning. According to the approved environmental impact assessment, upon which Newmont was providing more details,...
In response to public input, the Forest Service has restructured public hearings on the draft environmental impact statement for the Rosemont copper/moly project 30 miles south of Tucson. From the entire length of the hearing, an information area will be staffed by resource specialists to answer questions about the findings documented in the DEIS. For those...
The Battle Mountain, Nev., office of BLM last Friday approved the Mt. Hope Draft Environmental Impact Statement (DEIS) for printing, advancing the document toward publication of a Notice of Availability (NOA) of the DEIS in the Federal Register, General Moly Inc. reported this morning. Once the Mt. Hope DEIS is printed, the NOA will...
Teck Resources Ltd. said this morning that its would be investing C$210 million at its Trail metallurgical operations to significantly increase its capacity to recycle end-of-life electronic waste (e-waste) and another C$475 million in a mill modernization project at Highland Valley Copper. Both operations are in British Columbia. “These projects will improve the long-term...
Augusta Resource Corp. said this morning that the Forest Service has advanced Rosemont Copper‘s draft Environment Impact Statement (EIS) to the final internal review and printing stage and expects issuance to the public in mid-October. The company had said earlier that copies of the preliminary draft EIS were delivered by the Coronado National Forest...
In a decision issued this morning, the U.S. Supreme Court upheld the decision by federal agencies allowing a unit of Coeur d’Alene Mines Corp. to place tailings from its Kensington gold mine near Juneau in a nearby lake. In doing so, the court sorted out some of the confusion arising from conflicting direction in...
The overall contained gold-equivalent ounces at its Hollister in Nevada’s Carlin Trend have increased by 27% from 2.3 million in June 2008 to 2.9 million, Great Basin Gold Ltd. said this morning. At a cut-off grade of 0.25 opt, the combined measured and indicated mineral resources contain 1.45 million gold-equivalent ounces grading 1.167 opt...
Suncor Energy Inc. and Petro-Canada, both major players in oil sands mining and refining, said today they have agreed to merge. The combined company, with about $C63 billion in combined assets, will operate as Suncor, but will maintain the Petro-Canada name is refined products. “This merger creates a made-in-Canada energy leader with the assets,...
The Pebble Ltd. Partnership board has approved a $59 million budget and work plan for 2009, with the potential for spending up to $70 million, to complete a prefeasibility study and to prepare the giant Pebble copper/gold project in Alaska for permitting in 2010, partner Northern Dynasty Minerals Ltd. reports. The other partner is...
Formation Capital Corp. U.S. has been notified by the Forest Service that an appeal has been filed by Xstrata plc to the January Record of Decision for Formation Capital’s Idaho Cobalt Project (ICP) in Lemhi County, east-central Idaho. Xstrata made the filing through its subsidiaries Noranda Mining Inc., Noranda Exploration Inc. and the Blackbird...
