Platinum Group Metals

FNX and Gold Wheaton Renegotiate Terms of $50 Million Deferred Payment

FNX Mining Company Inc. and Gold Wheaton Gold Corp. announced that they have restructured the terms of the deferred $50 million payment from Gold Wheaton to FNX previously due on January 15, 2009, which was to have been satisfied through the issuance of Gold Wheaton share purchase warrants. Under terms of the revised transaction, Gold Wheaton will satisfy... 

East West Resource Corporation-Eva Kitto Platinum Property Optioned

East West Resource Corporation has entered into an option agreement with International Bethlehem Mining Corp. whereby International Bethlehem has been granted an option to earn an initial 30% interest in East Wests Eva Kitto platinum group element (“PGE”) property located north-northeast of Thunder Bay, Ontario (the “Property”).... 

Pacific North West Capital & SOQUEM Announce Completion of Drilling at the Cheneville Property

Pacific North West Capital Corp. and SOQUEM INC. are pleased to announce the completion of drilling at the Cheneville property, located approximately 120 kilometers northwest of Montreal, QC. The property was staked as part of the Taureau reconnaissance program, which is a 50:50 joint venture between PFN and SOQUEM designed to evaluate the Nickel-Copper-Platinum... 

Stillwater Mining Company and United Steel Workers Union Reach Tentative Agreement on Restructuring Plan at East Boulder Mine

Stillwater Mining Company, United Steel Workers and its Local 11-0001, East Boulder Unit announced today that they have reached a tentative agreement on changes to the current Collective Bargaining Agreement that are impacted by the Company’s restructuring plan. Eligible union members will vote on the tentative agreement on Wednesday, November... 

Crowflight Obtains Conditional Approval to Trade on Toronto Stock Exchange

CROWFLIGHT MINERALS INC. announce it has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX). The listing is conditional on the Company providing certain documents to the Exchange. Following graduation, the common shares of the Company will continue to trade under the stock symbol CML. Commented Mike Hoffman,... 

Diamond Discoveries Reports High Chromium Values Intersected Over Several Metres on Caribou Property, Thetford Mines, Quebec

Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the province of Quebec, is pleased to announce that its wholly owned subsidiary, Platinum Discoveries Corp., has received preliminary results from the exploration work done in 2008 field season, on their Caribou Property near Thetford... 

Anooraq announces progress update on empowerment transaction with Anglo Platinum

Anooraq Resources Corporation announces an update on the proposed transaction whereby Anooraq would purchase from Anglo Platinum Limited an effective 51% of the Lebowa Platinum Mine and an effective 1% controlling interest in each of the Ga-Phasha, Boikgantsho and Kwanda joint venture projects located in South Africa, which are currently held by Anooraq... 

U.S. Mine Makers, Inc. Places New Corporate Profile On Website

U.S. Mine Makers, Inc., announced that a newly prepared profile of the company is now posted on the company’s website at http://www.usminemakers.com. Ronald Bell, President and CEO stated, “USMM Management devoted a great deal of time and effort in the preparation of the new profile and we are very pleased with it. We welcome our shareholders... 

Marifil Mines Signs Letter of Intent With Yamana Gold

Marifil Mines Ltd. announces that it has signed a Letter of Intent with Yamana Gold Inc. whereby Yamana can acquire an interest in Marifil’s wholly owned Pedernal gold property, San Juan Province, Argentina. Pedernal comprises 13,287 hectares and is located about 50 km south of San Juan, the capital of the province. San Juan is widely recognized... 

Silvermet Signs Agreement to Acquire Metoks Zinc Processing Facility in Turkey

Silvermet Inc. has entered into an Agreement to acquire Metoks Madencilik Metalurji Tasimacilik Sanayi ve Ticaret A.S. (“Metoks”), the owner of a Waelz kiln in Turkey that processes electric arc furnace dust (“EAFD”) to recover its zinc content. The purchase price is US $9 million. Silvermet will assume the Metoks liabilities...