Quantcast

Latest open-pit mining Stories

2011-02-24 05:02:00

DENVER, Feb. 24, 2011 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced it increased attributable gold reserves by 1.7 million ounces to 93.5 million ounces in 2010. Highlights include: Attributable gold reserves of 93.5 million ounces, an increase of 2% from 2009; Average grade of gold reserves unchanged from 2009 at 0.029 ounces per ton; Record attributable copper reserves of 9.4 billion pounds, an increase of 3% from 2009; and Reserves...

2011-02-23 16:23:00

Wardrop completes independent Preliminary Assessment report based on concept, pre-feasibility and feasibility-level study programs completed by Pebble Partnership and Northern Dynasty Preliminary Assessment describes and assigns potential economic value to three mine development cases comprising 25, 45 and 78 years of open pit mining and a nominal processing rate of 200,000 tons per day For the Pebble Project,...

2011-02-03 08:45:00

SPARKS, Nev., Feb. 3, 2011 /PRNewswire/ -- Golden Phoenix Minerals, Inc. (the "Company") (OTC Bulletin Board: GPXM) is pleased to announce its joint venture partner, Scorpio Gold ("Scorpio") has begun a 43,200 foot (13,167 meter) three-phase drill program on the Mineral Ridge gold project in Nevada, in which the Company maintains a thirty percent (30%) interest via its membership interest in Mineral Ridge Gold, LLC; the joint venture entity that owns and operates the Mineral Ridge property...

2010-12-30 17:07:00

KINGMAN, Ariz., Dec. 30, 2010 /PRNewswire-FirstCall/ -- Sierra Resource Group, Inc. (OTC Bulletin Board: SIRG) Sierra Resource Group, Inc. acquired BioGrow, a proprietary phyto-remediation process. BioGrow is a proven method of developing and sustaining plant growth in toxic soils polluted with heavy metal elements and other toxic substances. The use of BioGrow will restore the soil environment for vegetation such as hyperaccumulator plants, or native plants and grasses to grow....

2010-08-30 15:24:00

Interim Update Adds 252 Million Pounds of Copper Outside of Main Deposit; Exploration Continues with Three Drills VANCOUVER, Aug. 30 /PRNewswire-FirstCall/ - Capstone Mining Corp. (CS: TSX) today announced the results of National Instrument 43-101 compliant mineral resource estimates for four separate undeveloped deposits at its high grade Minto copper-gold mine in Yukon, Canada. New mineral resource estimates have been completed for all deposits not currently being mined, including the Area...

2010-02-25 05:01:00

DENVER, Feb. 25 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today reported 2009 equity gold reserves of 91.8 million ounces, an 8% increase over 2008, and equity copper reserves of 9.1 billion pounds, a 17% increase over 2008. Equity gold measured and indicated resources (NRM) for 2009 were 1.1 billion tons at an average grade of 0.020 ounces per ton, up from 0.8 billion tons at a grade of 0.026 ounces per ton for 2008. Equity copper NRM...

2009-12-15 06:45:00

Study Extends Mine Life, Sustains Higher Production and Identifies Focus for Phase V Expansion VANCOUVER, Dec. 15 /PRNewswire-FirstCall/ - Capstone Mining Corporation (CS: TSX) today reported the results of a pre-feasibility study for the Phase IV expansion ("Phase IV PFS") of its high grade Minto copper-gold mine in the Yukon. This study details the basis of ramp up in mill throughput to a nominal 4,100 tonnes per day ("tpd") throughput and 91.3% availability, resulting in 1.37 million...

2009-11-11 07:50:00

VANCOUVER, Nov. 11 /PRNewswire-FirstCall/ - Aurizon Mines Ltd. (TSX:ARZ; AMEX:AZK) is pleased to report that it has received a positive Pre-feasibility Study and is proceeding to final feasibility on its Joanna project. Joanna is expected to create excellent synergies with Aurizon's asset base in the prolific gold producing Abitibi region of Quebec and the proposed open pit operation has the potential in itself to increase Aurizon's gold production by 60% to approximately 260,000 ounces per...

2009-09-22 11:32:00

DENVER, Sept. 22 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) reports that on September 18 and 19, 2009, its affiliate PT Newmont Nusa Tenggara ("PTNNT") experienced a geotechnical failure in the west wall of the Batu Hijau open-pit mine in Indonesia. PTNNT has temporarily suspended operations in the Batu Hijau pit pending a geotechnical review and development of a plan for stabilizing the wall and recommencing mining operations. PTNNT continues to process lower-grade...

2009-09-15 21:17:00

TORONTO, Sept. 15 /PRNewswire-FirstCall/ - Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) is pleased to announce Diavik Diamond Mines Inc.'s decision to cancel a winter production shutdown at the Diavik mine in Canada'sNorthwest Territories. Earlier this year, Diavik had announced a series of actions in response to changes in market conditions, including plans for a summer and winter production shutdown. The summer shutdown was safely and successfully concluded on August 24 and rough...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'