Mining and Exploration

Premier raises Wytch Farm stake

Oil and gas exploration company Premier Oil has raised its interest in the UK onshore oilfield Wytch Farm by 17 per cent.

Rio Tinto succeeds with Riversdale offer

International mining group Rio Tinto has now acquired 99.74 per cent of the shares of Riversdale Mining Limited after Tata Steel today allowed its 26.28 per cent stake into Rio

Arch Coal completes acquisition of International Coal Group

Arch Coal today announced the completion of its acquisition of International Coal Group Inc, for $3.4 billion.

Kazakhmys signs loan agreement with China Development Bank

Copper producer Kazakhmys has announced the signing of a memorandum of understanding with the China Development Bank for a $1.5 billion loan.

Tailings dam a goldmine for Pan African

Gold mining company Pan African Resources has reported “encouraging” results from its drilling programme at a tailings dam at Barberton Mines in South Africa.

Taseko revises project to gain approval

Mid-tier Canadian mining company Taseko Mines Limited has submitted a revised project description to the Federal Government in pursuit of final approval of its New Prosperity go

Aurcana Corporation

The Aurcana Corporation operates the La Negra mine in Mexico and is developing and constructing the Shafter Mine in Texas, which will quadruple the company’s silver output and r

Detour Gold Corporation

The location of Detour Gold Corporation’s Detour Lake project makes it an excellent candidate for relatively inexpensive development, which is coming to fruition at an impressiv

IAMGOLD: Westwood Project

A major investment in IAMGOLD’s Westwood Project in northern Quebec will also benefit from facilities left behind by neighboring mines in the area.

Processing begins at Copper Mountain Mine

Canadian resource company Copper Mountain Mining Corporation announced today that construction of its processing plant is now complete and production has commenced.

Cairn commences drilling in Greenland

UK-based Cairn Energy has commenced drilling operations on two wells offshore West Greenland, it was announced today.

Treaty Energy prepares for Belize

Texas-based Treaty Energy Corp. has acquired its own drilling rig ahead of commencing operations in Belize, it has been announced.

New hope for Desire in Falklands

Desire Petroleum has announced that new data on its acreage offshore the Falklands has pointed to potential new prospects for oil.

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