Resource Company News Directory

Construction Delays Reported at Robert Friedland’s South Africa Platinum Mine

Platinum – Ivanhoe Mines (TSX:IVN), lead by billionaire Robert Friedland, has run into delays in construction of its $1.6 billion Platreef mine, according to Bloomberg. The news outlet reported that the roadblock is due to a disagreement between the miner and South Africa's mines ministry regarding benefits of the mine to local communities.

North Arrow Minerals Completes Kimberlite Indicator Mineral Sampling at Pikoo A and B

Diamond – North Arrow Minerals (TSXV:NAR) announced it had completed 11 till samples from the Pikoo Extension A and B properties. The results have been submitted for testing and results are expected in late 2014. North Arrow can earn a 70 percent interest in the properties by discovering kimberlite through drilling and by testing any discovered kimberlite for diamonds by caustic fusion analysis.