Latest mining Stories

VANCOUVER, June 19, 2013 /PRNewswire/ - Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the "Company" or "Commerce") is pleased to provide an overview of the pending 2013 field program at its 100% owned Ashram Rare Earth Element (REE) Deposit located in Northern Quebec. A six to eight week field program is anticipated to commence July 15, 2013, which will include 1,000 to 1,500 m of drilling targeted at the Ashram Rare Earth Deposit.  Drilling will focus on infill...

VANCOUVER, June 18, 2013 /PRNewswire/ - Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI | BVL: FVI | Frankfurt: F4S.F) is pleased to release a new production plan for the San Jose Mine in Mexico based on the mill's expansion to be commissioned in the third quarter of this year. San Jose Mine 1,800 tpd plan highlights: -- Mill expansion to 1,800 tpd on track and scheduled to be commissioned in the third quarter of 2013 -- Upgrade to 1,800 tpd does...

Oil and mineral exploration drillers are expected to face a number of structural challenges as the mining boom slows. For this reason, industry research firm IBISWorld has added a report on the Oil and Mineral Exploration Drilling in Australia to its growing industry report collection. Melbourne, Australia (PRWEB) June 18, 2013 In the five years through 2012-13, the Oil and Mineral Exploration Drilling industry has followed a volatile growth path. The industry provides services for mining...

Codelco using Oniqua Analytics Solution to manage costs, control inventory levels and improve critical material availability across operations DENVER, June 17, 2013 /PRNewswire/ -- Oniqua MRO Analytics (www.oniqua.com), the leading provider of analytics-based MRO optimization solutions for asset-intensive industries, today announced that Chilean copper producer Corporacion Nacional del Cobre de Chile (Codelco) - the largest copper producer in the world - has completed its...

Bankable Feasibility Study Delivers Over $1 Billion NPV(8%) (All amounts expressed in US dollars unless otherwise indicated) TORONTO, June 17, 2013 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) is pleased to announce the positive results of a bankable feasibility study ("feasibility study") for its Dumont Nickel Project ("Dumont"), demonstrating a technically and economically sound project with an after-tax $1.1 billion NPV(8%). Dumont Feasibility Study Highlights(1)...

Toronto Stock Exchange: VG VANCOUVER, June 17, 2013 /PRNewswire/ - Veris Gold Corp. (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange: NG6A) is pleased to announce that it has updated its current National Instrument 43-101 Mineral Reserves as of December 31, 2012. The estimated Proven and Probable Mineral Reserves at year-end 2012 for its 100% owned Jerritt Canyon operating gold mine in Elko County, Nevada, have increased to 1,145,000 ounces of gold at a grade of 0.157 ounces...

OTTAWA, June 14, 2013 /CNW/ - The Resource Revenue Transparency Working Group is pleased to release for public comment its draft recommendations on implementing mandatory reporting standards for Canadian mining companies. This release comes on the heels of Prime Minister Stephen Harper's pre-G8 announcement that Canada will establish new transparency standards. This document represents over nine months of collaborative efforts by the Working Group whose members are the Mining...

CLEVELAND, June 13, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it has entered into an agreement with Essar Steel Algoma Inc. to extend the iron ore Pellet Sale and Purchase Agreement between the two companies to 2024. The previous agreement was expected to expire in 2016. The Agreement includes Essar's minimum volume iron ore pellet purchases from Cliffs beyond 2016 and pricing for 2013 through 2024. (Logo:...

South African Mine Development Gains Momentum as Construction Continues EMPANGENI, South Africa, June 13, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has been notified by the KwaZulu-Natal Department of Agriculture and Environmental Affairs, or KZN DAEA, of the dismissal of several appeals against the Environmental Authorisation (EA) for the company's Fairbreeze mine in KwaZulu-Natal, South Africa. (Logo:...

6% Increase in Production Volume is Offset by Softer Prices as Mining Revenue Stays Flat at $731 Billion NEW YORK, June 13, 2013 /PRNewswire/ -- Despite production volume increasing six percent, 2012 marked only the second year over the past decade that global mining revenue did not increase, according to Mine 2013: A Confidence Crisis, the 10(th) edition in PwC's installment on the global mining industry. This publication highlights industry trends based on data from the top 40...