Vancouver-based Aurizon Mines now expects to complete a feasibility study on its Joanna gold project in the third quarter of this year, CEO David Hall said on Wednesday. If all goes to plan the company will target its first production from the mine in late 2013, he told analysts on a conference call. ...
Abcourt Mines has acquired the Vendome property, comprising 15 half claims, located in range ten of Fiedmont township and range one of Barraute township in Canada, from Xstrata subsidiary Xstrata Zinc. The transaction includes 400,000 shares of the capital stock of Abcourt, 2% net smelter return royalty on any production originating from the ...
China plans to purchase overseas iron ore assets to obtain half of its iron ore imports from Chinese-invested overseas mines. With this target, the China Iron & Steel Association (CISA) plans to capture an $80bn iron ore import market back from a few global players. CISA vice-chairman Luo Bingsheng said that the company’s ...