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Last updated on April 23, 2014 at 15:23 EDT

Latest Economic geology Stories

2014-01-28 12:22:21

Report Outlines Options for Community to Adjust for Loss of 70 Jobs, 6 Percent of Local School Financing; Low Natural Gas Prices, Increased Efficiency Among Factors Behind Average $1 Million Annual Loss. BUFFALO, N.Y., Jan. 28, 2014 /PRNewswire-USNewswire/ -- NRG's Huntley coal-fired power plant in Tonawanda, New York, just outside of Buffalo, is experiencing average annual pre-tax earnings of a negative $1 million and "does not appear to be financially viable," according to a new...

2014-01-27 08:22:14

VANCOUVER, Jan. 27, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that soil geochemistry surveys at its Grand Bassa exploration property in central Liberia have successfully identified several anomalous gold-in-soil trends, the largest of which extends for 14km along strike. The Company's exploration program has also intersected in-situ gold mineralisation in follow-up trenching programs, giving credence to soil geochemistry survey...

2014-01-27 08:21:35

TORONTO, Jan. 27, 2014 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] today announced that Howard Stevenson, the Company's President and Chief Operating Officer, has accepted a Chief Executive Officer position with another company. Mr. Stevenson's last day with the Company has not yet been determined, but Mr. Stevenson will remain with the Company during a transition period and will assist in finalizing the Çöpler sulfide Definitive Feasibility Study...

2014-01-24 12:21:06

THUNDER BAY, ON and VALLENAR, CHILE, Jan. 24, 2014 /PRNewswire/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has received results from its previously announced (News Release Nov. 5(th), 2013) drilling on its Farellon property. The target of the drilling was to expand on the intercept in drill hole FAR-11-001 of 3.95% Cu and 0.53 g/t...

2014-01-23 16:21:36

GRAND RAPIDS, Minn., Jan. 23, 2014 /PRNewswire/ -- Magnetation LLC ("Magnetation") announced that it will hold a conference call on Thursday, February 20, 2014, at 10:00 a.m. Central Time to discuss fourth quarter and full year 2013 financial results. The financial results will be available on https://magnetation.com/financial_reporting/ no later than February 28, 2014. To access the financial results and login information for the conference call, a party must pre-register and...

2014-01-22 20:20:41

MELBOURNE, Australia, Jan. 23, 2014 /CNW/ - Newcrest Mining Limited (ASX: NCM) - Quarterly Report for the three months ending 31 December 2013 (these figures are unaudited) Key Points -- Quarterly gold production of 621,125 ounces (6% higher than September 2013 quarter of 586,573 ounces) -- Quarterly copper production of 22,603 tonnes (15% higher than September 2013 quarter of 19,632 tonnes) -- Average realised gold price for...

2014-01-22 12:21:30

HOUSTON, Jan. 22, 2014 /PRNewswire/ -- Gastar Exploration, Inc. (NYSE MKT: GST) ("Gastar") announced today that its stockholders voted to approve the merger of Gastar with and into its subsidiary, Gastar Exploration USA, Inc., a Delaware corporation ("Gastar USA"), as part of a reorganization to eliminate Gastar's holding company corporate structure. Gastar and Gastar USA anticipate that the merger will be completed on or before January 31, 2014. J. Russell Porter, Gastar's...

2014-01-22 08:23:17

TSX: KOR OTCQX: CORVF Highlights of the New Northern Extension Holes Include: NB13-369: 37m @ 3.2 g/t gold & 30 g/t silver (incl. 12.9m @ 4.1 g/t gold & 60 g/t silver) NB13-370: 42m @ 4.9 g/t gold & 30 g/t silver (incl. 4.9m @ 21 g/t gold & 117 g/t silver) NB13-372: 28m @ 2.9 g/t gold & 7 g/t silver (incl. 3.7m @ 3.9 g/t gold...

2014-01-22 08:23:12

Issued Capital: 150,526,976 LONDON, ON, Jan. 22, 2014 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce the promotion of Adam Jean, H.B.A., C.P.A., C.A. to the position of Vice-President Finance and Chief Financial Officer of the Company. Adam has been with Fortune for six years as the Company's Controller. He replaces Julian Kemp who is no longer with the Company. We thank Julian for his...

2014-01-21 08:23:46

ST. LOUIS, Jan. 21, 2014 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced that lower-than-planned shipment levels in the Powder River Basin and reduced production levels at the Mountain Laurel complex in Appalachia will impact its fourth quarter 2013 financial results. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) In the Powder River Basin ("PRB"), Arch's fourth quarter 2013 shipment levels decreased by more than 15 percent from third quarter levels...


Latest Economic geology Reference Libraries

28_71c4ddf154b94f9ae30fda80d8080e32
2005-05-26 12:03:03

Bornite is a sulfide mineral with chemical composition Cu5FeS4 that crystallizes in the cubic system. It has a brown to copper-red color on fresh surfaces that tarnishes to an iridescent purple surface. Its purple to bronze iridescence gives it the nickname peacock ore. Bornite is an important copper ore mineral and occurs widely in porphyry copper deposits along with more common chalcopyrite. It also is found in pegmatites. It is important for its copper content of about 63 percent by mass...

28_2ed8636e187bcb1f5dad0d65027dc1b5
2005-05-26 11:58:03

Cassiterite is a tin oxide mineral, SnO2. It is generally opaque, but is translucent in thin crystals. Its luster and multiple crystal faces produce a desirable gem. Cassiterite is the chief ore of tin today. Most sources of cassiterite today are found in alluvial or placer deposits containing the resistant weathered grains. The best source of primary cassiterite is the tin mines of Bolivia, where it is found in hydrothermal veins. Cassiterite is a widespread minor constituent of igneous...

28_5f496c15049ba89cd8c43810810e311e
2005-05-26 11:32:33

Chalcocite, copper(I) sulfide (Cu2S), is an important copper mineral ore. It is opaque, being colored dark-gray to black with a metallic luster. It has a hardness of 2½ - 3. It is a sulfide with an orthorhombic crystal system. Chalcocite is sometimes found as a primary vein mineral in hydrothermal veins. However, most chalcocite occurs in the supergene enriched environment below the oxidation zone of copper deposits as a result of the leaching of copper from the oxidized minerals. It is...

28_30e4ecba792d2b734beb4d32901c1f58
2005-05-26 10:41:56

Hematite (AE) or haematite (BE) is the mineral form of Iron (III) oxide, (Fe2O3), one of several iron oxides. The ore sometimes contains slight amounts of titanium. When shaped into ornaments, it is often called black diamond. Hematite is a very common mineral, coloured black to steel or silver-gray, brown to reddish brown, or red. It is mined as the main ore of iron. Varieties include Bloodstone, Iron Rose, Kidney Ore, Martite, Paint Ore, Specularite (Specular Hematite), Rainbow Hematite...

28_0ac371f570a8e0129ff11833b1cf20c7
2005-05-26 09:20:28

Magnetite is a magnetic mineral form of both iron(II) oxide and iron(III) oxide or (iron(II,III) oxide), with chemical formula Fe3O4, one of several iron oxides and a member of the spinel group. Magnetite is the most magnetic of all the minerals on Earth, and these magnetic properties led to lodestone being used as an early form of magnetic compass. Small grains of magnetite occur in almost all igneous rocks and metamorphic rocks as well as many sedimentary rocks. Magnetite is a...

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