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Breaking News Sat, 19 May 2012
U3O8 Limited Reports 3 Rigs Recommence Drilling on Olary Creek Project
Mineweb
U3O8 Limited | Olary Creek Update | U3O8 Limited is pleased to announce that its Joint Venture partners at Olary Creek in South Australia have commenced drilling after several months delay. | Three reverse circulation drill rigs have been contracted ...
BHP may delay at least 2 mega projects to curb spending
Mineweb
| Analysts reckons the mining group is likely to delay signing off on at least two mega projects after its chairman put the brakes on an $80 billion mega spending plan. RELATED STORIES |   BHP Billiton expects commodity markets to cool further&n...
Mining a key component in Namibia’s economy
Mining Weekly
| Namibia’s mining sector generated $1.6-billion in mining export earnings during 2011, contributing about 11% to the country’s gross domestic product, with the country’s buoyed ura- nium mining sector forecast to be the single largest mining s...
Developments in Namibian mining indicate growth of sector
Mining Weekly
| The Namibian Minister of Environment and Tourism has given environmental clearance to Australia-based uranium explorer Deep Yellow for its 95%-owned Shiyela iron-ore project. | Standard conditions have been attached to the clearance, including loca...
Diamond miner announces $3m financing agreement
Mining Weekly
| TSX-listed diamond miner Afri-Can Marine Minerals, which is involved in the acquisition, exploration and development of major properties in Namibia, says it has entered into a financing agreement with fund manager Trinity Asset Management Internati...
Kootenay Receives New NI 43-101 Resource Calculation on Promontorio Silver Project
Mineweb
Kootenay Silver Inc. | Vancouver, Canada - Kootenay Silver Inc. (TSX VENTURE: KTN.V) is pleased to provide a summary update with respect to its ongoing development activities at its flagship Promontorio Silver Project in Sonora, Mexico.  | ...
MAG Silver Reports Multiple Silver/Lead/Zinc Intercepts in "Bridge Zone"
Mineweb
MAG Silver Corp. | Highlights CM12-411: 314 g/t (9.2 opt) silver with 1.6 g/t gold, 7.6% lead and 14.0% zinc over 4.35 metres CM12-405: 2,367 g/t (69 opt) silver with, 61.7% lead and 0.2% zinc over 1.71 metres CM12-397: 157 g/t (4.6 opt) silver with ...
Tsodilo Receives Excellent Davis Tube Recovery Results for Xaudum Iron Ore Project
Mineweb
Tsodilo Resources | TORONTO, ONTARIO - Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX Venture Exchange: TSD) is pleased to announce Davis Tube Recovery ("DTR") results from magnetite mineralization at its 100% owned Xaudum Iron Ore Proje...
Yellowcake to top $80/lb by ’14 – Forsys boss
Mining Weekly
| JOHANNESBURG (miningweekly.com) – Namibia-focused uranium junior Forsys Metals on Thursday said it was rapidly advancing studies to consolidate its Valencia and Namibplaas landholdings to potentially develop the world’s next significant...
BHP withdraws from silver JV
Mining Weekly
| PERTH (miningweekly.com) - Diversified miner BHP Billiton has withdrawn from a joint venture (JV) with ASX-listed Breakaway Resources at its Altia silver/lead/zinc project, in Queensland. | The decision was based on the results of a commercial and ...
Yukon-Nevada Gold Corp. Announces First Quarter Results for 2012
Mineweb
Yukon-Nevada Gold Corp. | Vancouver, BC - May 16, 2012 - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6)(the "Company") today announced its financial and operational results for the first quarter ended March 31, 2012. This informat...
Sports
India Kolkata Eden Garden Stadium in Kolkata in Eastern India City
(photo: WN / Bhaskar Mallick)
Why Eden is different Mudar Patherya, a former Sportsworld journalist, writes an open letter to ...
The Telegraph India
Why Eden is different | Mudar Patherya, a former Sportsworld journalist, writes an open letter to Shah Rukh Khan | Dear Shah Rukh Khan, | Completely sympathise with you. | When your entourage and you were ordered off the turf of the Wankhede Stadium, you finally came down to our plebian level. To the level of all those cricket-crazy Indians who hav...
Business
A man stops to photograph Nasdaq in Times Square as Facebook has its IPO, Friday, May 18, 2012, in New York.
(photo: AP / Richard Drew)
Facebook stock closes nearly flat in debut
STL Today
| It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday. | One of the most anticipated IPOs in Wall Street history ended on a flat note, with Facebook's stock closing at $38.23, up 23 cents from Thursday night's pricing. | That meant ...



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