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QRC: Opening statement: Senate Standing Committee on Environment and Communications. Environment Protection and Biodiversity Conservation Amendment (Great Barrier Reef) Bill 2013

EXCERPT

Despite more than 30 years of steady growth in population and trade – coupled with prudent environmental management of an area extending along 80 percent of the Queensland coastline – the resources sector is being singled out in an emotive campaign opposing trade development. Furthermore, the persistent use of highly exaggerated forecasts of new coal port capacity and shipping numbers does nothing to ensure the protection of the reef.

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Mumbwa Project Update

Blackthorn Resources Limited (ASX: BTR) provide the following update on activities at the Company’s 100% owned Mumbwa Project in Zambia that hosts the flagship Kitumba deposit, as well as other prospective targets including the Kakozhi prospect.
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Turquoise Hill Resources announces board changes

Turquoise Hill Resources announced that directors Livia Mahler and Peter Meredith will not stand for re-election at the upcoming annual meeting of shareholders on May 10, 2013, as a result of changes in Robert Friedland’s holdings in the company . Additionally, Dan Larsen, a Rio Tinto nominee, will not stand for re-election.

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Medusa: Bananghilig Gold Deposit Scoping Study

Medusa Mining Limited, through its Philippines operating company Philsaga Mining Corporation advises that the positive results of its first pass Bananghilig Gold Deposit Scoping Study¹ to ± 25% accuracy warrant the commencement of a Feasibility Study to be undertaken by external consultants. It is planned to complete the Feasibility Study in the September quarter 2013 which will include financial outcomes.

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Silver Bull Significantly Increases the Size and Grade of the Silver Resource to 167.5 Million Ounces of Indicated Silver at a 72.5G/T Average Grade at the Sierra Mojada Project, Coahuila

Silver Bull Resources, Inc. (TSX: SVB, NYSE MKT: SVBL) ("Silver Bull") is pleased to provide the results that will be reported in the updated NI43-101 Technical Report ("the Technical Report") currently being completed by JDS Energy & Mining Inc. ("JDS") on the silver and zinc mineralization of the "Shallow Silver" and "Zinc" Zones at the Sierra Mojada Project in Coahuila, Mexico. Highlights at various cutoff grades for the silver include;

  • An Indicated silver resource of 71.9 million tonnes at an average grade of 72.5g/t silver totaling 167.5 million troy ounces of silver at a 25g/t silver cutoff grade.
  • An Indicated silver resource of 40.75 million tonnes at an average grade of 102.2g/t silver totaling 134.0 million troy ounces of silver at a 45g/t silver cutoff grade.
  • An Indicated silver resource of 20 million tonnes at an average grade of 147.8g/t silver totaling 94.0 million troy ounces of silver at a 80g/t silver cutoff grade.
  • An Indicated zinc resource of 2.19 billion pounds of zinc at an average grade of 1.38%.
  • An Inferred lead resource of 538 million pounds at an average grade of 0.34%.
  • An Inferred copper resource of 126 million pounds at an average grade of 0.08%.
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Endomines: Exploration during 2012 has successfully replaced almost all the Ore reserve mined

Endomines is making a public announcement of its updated ore reserves and mineral resource estimates. The update represents the Pampalo production situation as at 31stDecember 2012.

"The Pampalo mine gold production in 2012 was 867 kg but the total contained gold in the Pampalo ore reserves was reduced only by 235 kg. This is the result of successful continuous mine site exploration which during 2012 nearly replaced the mined ore reserves" comments Markus Ekberg, CEO of Endomines.  

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