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Northland: organizational Changes

Northland Resources S.A. (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo) announces that the Company and the relevant labor union have reached an understanding concerning employees with collective agreement.

As a part of the new strategy which the Company announced on June 30, 2014, Northland performs organizational changes since the Company’s new strategy includes operations from only one processing line. The organizational changes are also necessary as a component of reaching reduced cost levels.

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G.U.B. finishes successfully courses on „sustainable mining“ in Cambodia

The multi-session event „Sustainable Mining in Cambodia” ended last week with final lectures at the University of Battambang and at the Institute for Technology in Phnom Penh. Upcoming mining activities in Cambodia on gold, corundum, iron, alumina, copper, hard coal and rare earth elements alongside with the expected impacts on environment were again subject of professional exchange.

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Brazil Minerals: New Vice President and Board of Advisors Adds

Brazil Minerals, Inc. (OTCQB: BMIX), a diversified Brazilian mining company with revenues from sales of both polished and rough diamonds, as well as gold, and ownership interests in projects in gold, titanium, vanadium and iron, announced yesterday that Joseph Ramelli has joined the company as Vice President, Finance & Business Development. Moreover, BMIX has added Christopher Hayes and Richard Burnstein to its Board of Advisors.

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IMX Resources Reports Favourable Metallurgical Test Results from Mt Woods Magnetite Project Exploration Targets

Highlights

  • Samples from the Mt Woods Magnetite Project exploration targets have demonstrated similar metallurgical properties to that of the Snaefell deposit
  • Based on the testing of 21 samples of fresh and transitional material from seven exploration targets, high levels of metallurgical consistency are considered likely across the Mt Woods exploration targets
  • Concentrate grade of 68.6% Fe (average of all tests) at a grind size of 80 microns, including an average of 69.3% Fe from the Tomahawk North deposit
  • Mass yield averaged 35.5% across all samples including 41.0% for the Tomahawk North deposit
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EVRAZ Q2 2013 Production Report

EVRAZ plc (LSE: EVR) releases its operational results for the second quarter of 2013.

Q2 2013 OPERATIONAL HIGHLIGHTS:

  • Consolidated crude steel production was flat in Q2 2013 vs. Q1 2013 and the Company’s key steelmaking facilities in Russia and North America continued operating at high utilisation rates
  • Output of steel products increased by 3% mostly driven by strong demand for construction products in Russia and growth of output of rails in Russia at the modernised EVRAZ ZSMK rail mill. Share of finished steel products improved to 77% in Q2 2013 vs. 74% in Q1 2013
  • The PCI project at EVRAZ NTMK became fully operational early in Q2 2013
  • Output of iron ore products was largely flat in Q2 2013 with the main focus on cost-cutting and implementation of operational efficiency initiatives
  • Yuzhkuzbassugol’s raw coking coal output grew by 6% as Yerunakovskaya-VIII and other mines achieved robust performance, while Raspadskaya decreased output by 25% vs. Q1 2013 due to suspension of mining at the Raspadskaya mine and repositioning of longwall at the MUK-96 mine
  • Average selling prices for most key steel product groups softened in line with the global steel market
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Sundance initiates Development Process for the Mbalam-Nabeba Iron Ore Project

Sundance Resources Limited (ASX: SDL) advises that it is taking the next steps in the process to develop its Mbalam‐Nabeba Iron Ore Project in Central Africa.

Sundance has now identified a number of potential interested parties and possible structures for the commercialisation of the Mbalam‐Nabeba Iron Ore Project following constructive meetings with a number of interested parties, both Chinese and non‐Chinese, over the course of the past few months.

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Outotec: January-March 2013 Interim Report

  • Order intake: EUR 491.1 (425.4) million, +15% 
  • Order backlog: EUR 1,938.9 (1,991.8) million, -3% 
  • Sales: EUR 502.9 (410.4) million, +23% 
  • Services sales: EUR 103.8 (89.5) million, +16% 
  • Operating profit from business operations1): EUR 35.0 (30.6) million, +14% 
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Swingplane: Geochemical, Metallurgical and Mineralogical Sampling Underway on Property

Swingplane Ventures, Inc. (OTC-BB: SWVI) update information pertaining to the Algarrobo property.

Swingplane Venture Inc.’s Algarrobo Property is an Iron Oxide-Copper-Gold (IOCG) property located approximately 850 km north of Santiago, in the III Region, Province of Copiapo, Chile. The city of Copiapo is located approximately 43 km to the southeast of the Property, with the small port city of Caldera 25 km to the east. The Property consists of 32 tenures, comprising a total of 6,161 ha (15,224 acres).

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Clarification of Dannemora's mineral reserve

 

An update of Dannemora's mineral reserve as at 25 February shows a total reserve of 34.0 million tonnes with an average grade of 34.5 percent Fe. This is a decline in tonnage compared with the previous estimate in December 2011, which was 35.1 million tonnes and 35.3 percent Fe.

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Swingplane Ventures: Geological Report Confirms Trend of Major Veins

The newly appointed President of Swingplane Ventures Inc. provides detail on the Lindorfer (2012) geological interpretations on the Company's Iron Oxide -Copper-Gold (IOCG) property located approximately 850 km north of Santiago, in the III Region, Province of Copiapo, Chile.

A recent report by Lindorfer (2012), "Geological interpretations on the Algarrobo mining project, Caldera, Chile", presents a clear picture of the structural setting of the Property based on analysis of satellite imagery.

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