lead

LOAN: Ivernia borrows to reopen lead mine

Ivernia Inc. has entered into a $20-million secured load facility with Sprott Resources Lending Partnership. The funds will be used to restart operations at Ivernia’s Paroo Station lead mine in Western Australia. Ivernia has already drawn down $15 million.

The Paroo Station mine was suspended after Ivernia received a stop order from the environment ministry relating Read more

Broken Hill’s mine has 10 more years

By Barry Fitzgerald

Xstrata bolsters Lady Loretta mine

SWISS miner Xstrata will spend an extra $59 million on its Lady Loretta zinc and lead mine in northwest Queensland, bringing the total cost to $362m.

However, it has not revealed the extra metal production the work will bring. Read more

ZINC-LEAD DEVELOPMENT: Canadian Zinc, NWT government advance co-operation for Prairie Creek

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Canadian Zinc Corp. of Vancouver and the Government of the Northwest Territories continue to co-operate, advancing their August 2011 socio-economic agreement for the development of the Prairie Creek zinc-lead mine 200 km west of Fort Simpson.

On Aug. 13, 2012, Canadian Zinc played host to a number of dignitaries at the mine site. The guest list included the premier Bob McLeod; minister of industry, tourism and investment David Ramsey; minister of justice and human resources Glen Abernethy as well as Herb Norwegian, grand chief of the Dehcho First Nations. Read more

Queensland approves MMG’s A$1bn+ Dugald River zinc/lead/silver mine

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By Cole Latimer

Australia’s MMG – a subsidiary of the China Minmetals Group of companies – has been given approval to begin mining one of the world’s largest zinc, lead, silver deposits.

The Queensland state government has granted final environmental approvals Read more

Tamerlane Ventures Live @ PDAC 2012

Tamerlane Ventures Live @ PDAC 2012

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Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru.

Resource Intelligence’s Executive Editor, Doug Hadfield, spoke with CEO Mike Willett at PDAC in March 2012.

In April (following this interview) the company reported that it had filed an updated NI 43-101 Technical Report for its R-190 and five other deposits at the Pine Point project. Investors can find out more about Pine Point and the company’s other resource projects at http://www.tamerlaneventures.com/

View the full TAM chart at Wikinvest

Russia Plans $1 Billion Iranian Mine Project, Kommersant Reports

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By Henry Meyer

Russian Technologies Corp., a state-run holding company, plans to set up a $1 billion joint- venture with Bank Saderat Iran to develop a lead and zinc mine in Iran, Kommersant reported, without citing anyone.

The project may be complicated by the fact that the Iranian bank is under Read more

ZINC-LEAD RESOURCE: More metal at Selwyn project in Yukon

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YUKON – Indicated resources are increasing at the Selwyn zinc-lead project that straddles the Yukon-Northwest Territories border. The project is operated by Selwyn Chihong Mining, a joint venture of Selwyn Resources of Vancouver and Chihong Mining Canada,

The global indicated resource increased totals180.7 million tonnes grading 5.26% Zn and 1.83% Pb, for a total contained metal resource of 20.9 billion lb of zinc and 7.3 billion lb of zinc. Read more