Platinum Group Metals

Latrobe Specialty Steel’s Vacuum Melted Metals Help Rescue Downed Airman

When the U.S. Marine’s V-22 Osprey tilt-rotor aircraft settled to the Libyan desert to retrieve the ejected U.S. airman, it did so with triple-melted alloys manufactured by Latrobe Specialty Steel. The V-22 Osprey with its unique tilt-rotor mechanism uses many Latrobe premium alloys for such critical components within the transmission gear boxes,... 

Imperial and American Bullion Update on Status of Arrangement

Imperial Metals Corporation, American Bullion Minerals Ltd. (“ABML”) and Red Chris Development Company Ltd. (“RCDC”) (collectively, the “Parties”) announced on February 4, 2011 that they had signed a definitive agreement (the “Agreement”) under which RCDC agreed to acquire all of the issued and outstanding... 

Stronghold Metals Announces Major Drilling Program at Eagle Mountain Gold Project in Guyana

Stronghold Metals Inc. The Company is pleased to announce that final preparations are underway for a major mineral resource outline drilling program at the Eagle Mountain Gold Project (“Eagle Mountain” or the “Project”), located in Guyana, South America. The Project comprises an area of approximately 5050 Ha (12,480 acres) in... 

California Gold Corp. Signs Property Option Agreement to Acquire up to an Eighty Percent Interest in Mexivadas AuroTellurio Gold-Tellurium Property in Sonora, Mexico

California Gold Corp. is pleased to announce it has signed a property option agreement (the “Agreement”) with Mexivada Mining Corp. (“Mexivada”) to acquire up to an 80% interest in Mexivada’s La Viuda and La Viuda-1 concessions comprising its AuroTellurio tellurium-gold-silver property south of the city of Moctezuma, Sonora,... 

MacDonald Mines to Commence Drilling on the Butler and Semple-Hulbert Properties

MacDonald Mines Exploration Ltd. is pleased to announce it will commence a 6,000 meter diamond drill program on its Butler Lake and Semple-Hulbert Properties in the James Bay Lowlands of Northern Ontario. The 3,000 meter Butler Lake program is scheduled to commence in the third week of February, while the 3,000 meter Semple-Hulbert program is scheduled... 

EnviroXtract, Inc. Appoints Mining Executive as Chief Operating Officer to Lead Companys Business Expansion Into Gold, Silver, and Precious Metals Mining

EnviroXtract, Inc. announces that Michael Chaffee has agreed to join the Company’s executive management team as Chief Operating Officer. Mr. Chaffee will oversee the Company’s business expansion into the precious metals mining and processing industry. “We are very excited to welcome Michael Chaffee on board at EnviroXtract. His extensive... 

Coalcorp Announces Agreement for the Prepayment of the Debenture Issued by Formation Metals Inc.

Coalcorp Mining Inc. announces that it has entered into an agreement with Formation Metals Inc. for the prepayment by Formation of the 12% unsecured convertible debenture in the principal amount of $8 million issued by Formation to Coalcorp on May 6, 2010 (the “Debenture”). Currently, the principle amount outstanding on the debenture is... 

Razor Resources Inc. Announces Two Gold Shipments Have Now Been Processed Through Johnson Matthey Inc.

RAZOR RESOURCES INC. announces that their second shipment of gold has now been processed through Johnson Matthey at their facility in Salt Lake City, Utah. Razor Resources is pleased to be among a select group of clients qualified to work with Johnson Matthey. With almost 200 years of experience, Johnson Matthey is the largest global full-service refiner... 

Aurum Advisors President, Marc Lubaszka, Exposes Fraud in Gold Industry

Aurum Advisors President Marc Lubaszka said, “Scam artists are widespread today.” Industry experts agree that many smaller local coin dealers offer to buy coins back from household investors at a greatly reduced price especially if the consumer purchased the coins initially from a larger coin dealer. “Larger firms have the capital... 

White Mountain Receives Progress Report on Titanium Metal Test Work

White Mountain Titanium Corporation reports that it has received its first quarterly progress report since licensing a new titanium metal technology in September, 2010. During the past quarter lab scale test work continued at the University of Cambridge in the UK under the direction of Professor Derek Fray into the refining and electrolytic deposition...