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Category archives for: Europe

Orex Announces Sweden, Inferred Mineral Resources Updated to 627,000 Gold Ounces

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VANCOUVER - Orex Minerals Inc. (TSX VENTURE:REX) is a Canadian-based junior exploration company comprised of highly qualified mining professionals. The Company has two current projects: its flagship property, the Barsele Gold Project located in Sweden, and the Coneto Silver-Gold Project situated in Durango, Mexico, currently under option to Fresnillo PLC. The company is pleased to report [...]

Randgold Produces 204,475 Ounces Of Gold(Total Cash Cost Per Ounce At $737/ounce ), During Q3 2012

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LONDON - Randgold Resources is a gold mining and exploration company operating in the prospective gold belts of west and central Africa. The company’s strategy is to create real value for all its stakeholders through the discovery of multi-million ounce gold deposits and their development into profitable mines. Major discoveries to date include the 7.5 million ounce [...]

Price Fluctuations And Reduced Costs Affect Boliden’s

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BOLIDEN – The result of the third quarter was affected by external factors, such as prices, terms and exchange rate effects as well as internal profit eliminations due to increased inventories of internally supplied concentrates. “We have a metals market characterized by large price fluctuations, in a weakened global economic climate. However, the quarter has [...]

Condor Gold plc Resource Update 2.4 Million Oz Gold

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Condor Gold Plc is a UK based AIM listed exploration Company focused on proving a large commercial reserve on its 100% owned La India Project in Nicaragua. At 30th December 2011, La India Project had a JORC Code Resource of 1,620,000 oz gold at 5.6g/t. The corporate objective in 2012 is to increase the resource [...]

Glencore response to the nationalisation of the Colquiri mine in Bolivia

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SWITZERLAND – Glencore International plc (“Glencore”) received a signed Supreme Decree from the Government of Bolivia, nationalising the Colquiri mine in the Bolivian province of La Paz, with immediate effect. Glencore’s immediate focus is to seek an orderly handover of control of Colquiri with the Bolivian authorities and to ensure the well-being of its staff. [...]

Power and Allure Exhibition at Goldsmiths’ Hall in London from 1st June to 28th July 2012

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As the most precious of metals, gold has embodied power and allure throughout history. To celebrate its timeless, universal appeal and the richness of its meanings and messages, the World Gold Council is sponsoring the Power and Allure Exhibition at Goldsmiths’ Hall in London from 1st June to 28th July 2012. British artist-goldsmiths Wright & Teague and Polly [...]

Boliden becomes world leader in electronics recycling

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BOLIDEN–   Boliden’s new electronics recycling facility at the Rönnskär copper smelter is opened today by the Minister for the Environment, Lena Ek. The SEK 1.3 billion investment increases the smelter’s capacity to 120,000 tonnes per year and thereby makes Boliden world leader in electronics recycling. The increased use of electronic products, shorter product lifecycles [...]

Hochschild Mining Annual General Meeting Of Shareholders in London

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Hochschild Mining plc (“Hochschild”) is a leading underground precious metals producer focusing on high grade silver and gold deposits in the Americas. In 2011, they produced 15.0 million attributable ounces of silver and 127.3 thousand attributable ounces of gold, a total of approximately 22.6 million attributable silver equivalent ounces. Hochschild currently operates four underground mines, three located in southern Peru and one [...]

Boliden To Expand Copper Mining

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Boliden — Boliden has launched a pilot study for a new expansion at the Aitik mine and is now also investigating a new copper mineralisation – Laver – in Norrbotten, Sweden. Preliminary estimates have classified the Laver deposit as an Exploration Result, and not – as yet – as a Mineral Resource. The initial focus [...]

Engcon:The Microprop DC2 Experience

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Strömsund– The forever emerging Engcon(Founder Stig Engström)  released it’s latest in product development earlier this week with “The Microprop DC2.” Microprop DC2 meets the relevant safety requirements and incorporates the latest technology for tilt rotators — now with track and wheel control! With the new, stepless proportional control system, Microprop DC2 (Digging Control), your excavator [...]

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