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Latest open-pit mining Stories

2009-04-09 07:00:00

(All figures are in US dollars unless otherwise stated) VANCOUVER, April 9 /PRNewswire-FirstCall/ - New Gold Inc. ("New Gold") (TSX and NYSE:AMEX - NGD) is pleased to announce the results of the first five diamond drill holes from its Cerro San Pedro Sulfide ("CSP Sulfide") exploration project in San Luis Potosi, Mexico, which include an intersection of 51.9 meters of manto-style sulfide mineralization averaging 2.08 g/t gold, 131.8 g/t silver, 6.14% zinc and 2.01% lead, followed by 169...

2009-01-27 15:56:00

DENVER, Jan. 27 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced 2008 equity gold sales of approximately 5.2 million ounces at costs applicable to sales of $440 per ounce. With the start-up of the Boddington project in Australia in mid-2009, the Company expects continued operating performance improvements in 2009, with an equity gold sales outlook of between 5.2 and 5.5 million ounces at costs applicable to sales of between $400...

2009-01-08 08:00:00

COEUR D'ALENE, Idaho, Jan. 8 /PRNewswire-FirstCall/ -- Metalline Mining Company (Amex: MMG) -- The objective of this letter is to provide an update to our shareholders regarding the activity and progress during 2008 at Metalline's Sierra Mojada Project, Coahuila, Mexico. As previously announced the mining method has changed from an underground to an open pit method. The surface dimensions of the baseline model for an open pit to exploit the oxide zinc mineralization is approximately 2000...

2008-10-31 15:00:21

Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to announce that the La Verde Grande Deposit has now been traced on surface for over 200 metres of its strike length -- double what was previously known. The mineralized skarn exposed by trenching is covered by a thin layer of overburden and numerous waste dumps created by the historic mining activity. Following up from the 70 metres of 1.70 % copper, 133.9 g/t silver, and 2.32 % zinc exposed in the La Verde Grande South working...

2008-10-22 21:00:13

Apollo Gold Corporation ("Apollo" or "we") (TSX: APG)(AMEX: AGT), which operates the Montana Tunnels mine ("Mine"), a 50% joint venture with Elkhorn Tunnels, LLC ("Elkhorn Tunnels"), wishes to announce that, as at the end of November 2008, it will have completed mining of ore from the Montana Tunnels open pit operation as permitted by its current "L Pit" permit. Upon completion of ore mining at the Mine, we anticipate that we will have a stockpile of over two million tons of ore, which we...

2008-09-04 21:00:27

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2008) - Dundee Precious Metals Inc. (TSX:DPM)(TSX:DPM.WT) (the "Company" or "DPM") announced that the initial program of diamond drilling results in the 'Vein 5' area in the north western part of the Shahumyan Mine at Kapan, Armenia, continues to confirm the potential for bulk mineable polymetallic open pit mineralization. "We acquired Kapan for its world class polymetallic deposit potential. Our exploration team is working hard to advance this...

2008-08-27 18:00:00

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 27, 2008) - Sherwood Copper Corporation (TSX VENTURE:SWC)(TSX VENTURE:SWC.DB) today announced that exceptionally high rainfall over the past several days, on top of an already wet summer, resulted in the temporary closure of the Klondike Highway to Whitehorse, flooding of its access road to its Minto Mine and excessive water inflows into its water storage pond from the surrounding hills. Despite diverting as much run-off as possible into the...

2008-08-26 12:01:14

FORT FRANCES, ONTARIO--(Marketwire - Aug. 26, 2008) - Q-Gold Resources Ltd. (TSX VENTURE:QAU) (FRANKFURT:QX9) (http:// www.qgoldresources.com) announced today that the de-watering of the historic Foley Gold Mine in Mine Centre, Ontario has reached the 170 foot level, with steel ladders and platforms installed every 20 feet to the 160 foot level by Whelan Mining Contractors. Drifts in the mine have been exposed on the 100 foot and 150 foot levels, both of which are being scaled and washed with...

2008-08-24 09:00:28

By TONY DAVIS When mining engineer Dennis Fischer drives visitors to the site of the proposed Rosemont mine in the Santa Rita Mountains, he talks of jobs and tax benefits. Pointing to the grassy, juniper-topped ridgeline overlooking the site for the 1.2-square-mile open pit, he also talks of how the pit will be shielded so well that outsiders eventually won't see much of it. He describes how the Rosemont Copper Co. has drilled 30 monitoring wells, seven directly under the pit, to keep...

2008-08-12 15:00:50

TORONTO, Canada, August 12 /PRNewswire-FirstCall/ -- Guyana Goldfields Inc. (GUY-TSX) reports the completion of a NI43-101 Preliminary Assessment Report on the Company's 100% owned Aurora Project, Guyana. The independent report was prepared by Snowden Mining Industry Consultants, Brisbane, Australia and is based on an initial resource estimate for the Project published by the Company in November, 2007. The Preliminary Assessment indicates that the Project's economics are very robust, with...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.