Latest Economic geology Stories
New Century Coal has implemented a proactive plan of action to help put Kentucky miners back to work. It will re-open and operate its Whetstone Surface Mining Operations in Kentucky and is estimated to create 25-30 new positions in the organization that will range from Equipment Operators to Surveyors. Johnson City, TN (PRWEB) June 02, 2013 Project: Whetstone New Century Coal has implemented a proactive plan of action to help put Kentucky miners back to work. It will re-open and operate...
MONTREAL, May 31, 2013 /PRNewswire/ -- Solo International, Inc. (OTC: SLIO "Solo International" or the "Company"), wishes to advise that the commissioned NI 43-101 report on its Quebec REE property located 3.6 kilometers northeast of Notre-Dame-de-La-Salette in Portland Township, (the "Property") has recently been received by the Company. The report was based on a due diligence property evaluation undertaken by the authors on April 18, 2013 and their review of available information....
TORONTO, May 31, 2013 /CNW/ - Strata Minerals Inc. (TSXV: SMP) ("Strata" or the "Company") is pleased to announce the latest set of results from the Company's Phase 1 exploration program at its 80% owned Cardabia Phosphate Project (the "Cardabia Project") located near Exmouth in Western Australia. In total, 74 holes were drilled in the Phase I exploration program at the Cardabia Project. The Company submitted 70 of the 74 holes drilled for assaying. Two of the remaining four holes...
TORONTO, May 31, 2013 /PRNewswire/ -- (All figures are in Canadian dollars unless otherwise indicated) New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) and Rainy River Resources Ltd. ("Rainy River") (TSX: RR) today jointly announce that they have entered into a definitive acquisition agreement (the "Agreement"), whereby New Gold will offer to acquire all of the outstanding common shares of Rainy River through a friendly take-over bid. Under the terms of the Agreement,...
TORONTO, May 31, 2013 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) has filed its unaudited interim condensed consolidated financial statements for three months ended March 31, 2013, together with its management's discussion and analysis ("MD&A") for the corresponding period. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. These documents will be posted on the Company's website at www.pacificcoal.ca and under the Company's...
GIG HARBOR, Wash., May 30, 2013 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) announced today that it has engaged C. K. Cooper & Company (MEMBER: FINRA/SiPC) for investment banking services and to develop finance options for expanding the Company's current exploration program at its Golden Wonder mine located near Lake City, CO. According to LKA Chairman, Kye Abraham, "C. K. Cooper has been a valued adviser to LKA over the past three years. Their experience in capital...
HOUSTON, May 30, 2013 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has named RJ Corman and Rosebud Mining as the 2013 winners of its prestigious Win-Win Award. The companies received their award today at the North American Rail Shippers Association conference in Baltimore, which was attended by almost 300 representatives of railroads and their customers. The annual honor is given to railroads, shippers and organizations that develop innovative...
HENDERSON, Nev., May 29, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTC PINK: TRLR) (the "Company" or "Trulan") is pleased to report that it has identified a number of properties in the area of, and directly adjacent to, the IGP Project in central Chile. The IGP Project is currently comprised of 855 hectares of land that hosts four known ore bodies in which a resource calculation has already been determined. The Company has previously reported that the IGP contains 1,764,112 ounces...
NYSE - AG TSX - FR Frankfurt - FMV VANCOUVER, May 28, 2013 /PRNewswire/ - FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or "First Majestic") is pleased to announce an updated NI 43-101 Technical Report (TR), Reserve and Resource estimate at the San Martin Silver Mine and an economic assessment of the current expansion program to 1,300 tpd. All figures are reported in US dollars unless otherwise noted. Reported Highlights -- Proven and Probable...
HENDERSON, Nev., May 28, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTC PINK: TRLR) (the "Company" or "Trulan") is pleased to report on the indicated platinum value contained in four ore bodies that form part of the Company's IGP Iron-Gold-Platinum Project in Chile. According to the geological report based on extensive sampling to determine the size of the Indicated Resource, platinum was encountered throughout the property and that all samples collected were tested for platinum and...
Latest Economic geology Reference Libraries
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...
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...
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...
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...
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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