gold source mining
Hecla Mining Company has approved a revision to its agreement with Rusoro Mining Ltd. (Rusoro) to extend the date to July 8, 2008, for closing the transaction to sell its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro for $25 million. The sale agreement was previously announced on June 19, 2008, […]
Saturday, June 28th, 2008
AmMex Gold Mining Corp. announced that it has decided not to proceed with the acquisition of 100% of the mining rights to the Cold Creek Gold Project, located in Cassia County, Idaho, near the Utah-Nevada border.
Management and the Board of Directors concluded that the Cold Creek property, while being a property of merit, does not […]
Saturday, June 28th, 2008
Pan African Mining Corp. (CDNX:PAF.V) (Other OTC:PAFRF.PK) (Frankfurt:P2A.F) (the “Company”) is pleased to announce the closing today of the Plan of Arrangement and related transactions (the “Plan of Arrangement”) contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008 (the “Amended Arrangement Agreement”), among Asia Thai Mining Co., Ltd. (”ATM”), 0819615 […]
Saturday, June 28th, 2008
Hochschild Mining Plc. increased its stake in Canadian gold producer Lake Shore Gold Corp. to 40 percent after buying 11.8 million shares from a subsidiary of FNX Mining Co. Inc. The shares were acquired for C$1.82 per share or a total of C$21.4 million in cash.
In February, the FTSE-250 precious metals producer, which had focused on […]
Monday, June 23rd, 2008
RAM GOLD & EXPLORATION, INC., announced today that it has launched its website www.ramgold.net. The website has been under development for the last few weeks and the Company now feels confidant that the content and information provided may be helpful to the public in understanding more about the Company now and in the future as […]
Thursday, June 12th, 2008
Liberty Star Uranium & Metals Corp. (the “Company”)(OTCBB:LBSU) is pleased to announce that the CEO/President of the Company, James A. Briscoe, and the CEO/President of Mayo Gold Explorations Ltd. (“Mayo Gold”), Pedro Villagran Garcia, have signed a Letter of Intent to joint venture the El Papago Project (“El Papago”) in Sonora, Mexico and the Tombstone […]
Wednesday, June 11th, 2008
AUSTRALIAN iron ore producers, arguing for a freight premium to be included in this year’s contract prices with reluctant Chinese steelmakers, are expected to shrug off the emergence of a new iron ore exchange market created by Deutsche Bank and Credit Suisse.
The exchange gives smaller Chinese steel producers a chance to hedge their costs in […]
Tuesday, June 10th, 2008
China Shen Zhou Mining & Resources, Inc. (American Stock Exchange: SHZ; “China Shen Zhou”, or “the Company”), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that Ms. Jessica Yu, China Shen Zhou’s Chairwoman and CEO, will ring the American […]
Monday, June 9th, 2008
Galloway Energy Inc., an emerging growth company focused on property exploration and acquisitions in the energy and precious metals sectors, announced today that it has reviewed news releases including assay result of samples taken by other mining companies located near the Company’s recently acquired FraserBend Claim properties located in the Quesnel Trough, in the Cariboo […]
Monday, June 9th, 2008
Mr. Jochen Tilk, President and Chief Operating Officer of Inmet Mining Corporation (IMN-TSX), will be speaking on Wednesday, June 11, 2008 at 9:30 a.m. (Eastern Time) at the RBC Capital Markets’ 2008 Global Mining and Materials Conference being held in Toronto, Ontario, at the Four Seasons Hotel. A webcast link and slides of the presentation […]
Friday, June 6th, 2008
