function homeNewsContent(){ return '
\n Wednesday, July 23, 2008
\nOne of the most powerful Aborigines in Australia has welcomed moves by a mining giant to "right a historical wrong" with indigenous people.
\n(See Australian Associated Press: NT: Fresh talks on Gove mine marks Rudd&s new framework \n)\n
(July 23, 2008)
\nBHP BILLITON
\n Wednesday, July 23, 2008
\nBHP Billiton Ltd continues to capitalise on the worldwide boom for commodities by delivering record iron ore output and increased petroleum production during a period of record prices in its June quarter.
\n(See Australian Associated Press: BHP delivers record iron ore, copper production, oil output up \n)\n
(July 23, 2008)
\nCBH RESOURCES LIMITED and COBAR CONSOLIDATED RESOURCES LIMITED
\n Tuesday, July 22, 2008
\nCobar Consolidated Resources upgraded its target mineralization estimate to inferred resource status and achieved positive results from preliminary metallurgical testwork and economic modelling at its Wonawinta silver project in New South Wales, Australia. Incorporating the results of both historic drilling and the company’s recent 36 hole aircore drilling program. inferred resources are estimated at 6.5 Mt grading 97 g/t silver and 1.3% lead for 20.3 million contained ounces silver and 87,000 tonnes contained lead at a $27/t cut-off. Mineralization is generally shallow and clay-hosted and could be mined as a series of open pits. Cobar is earning a 70% interest in the project from CBH Resources by spending $700,000 over 4 years.
Property: WONAWINTA / LACHLAN
(Complete Text of Jul 22, 2008 News Release)
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