Zinc Mining

Alaska State Authority Initiates Due Diligence on Road and Port Expansion for Zazus Lik Deposit

Zazu Metals Corporation announce that the Alaska Industrial Development and Export Agency (“AIDEA”) approved a cost reimbursement agreement with Zazu today. This enables AIDEA to initiate due diligence on the proposed expansion of the Delong Mountain Transportation System (“DMTS”). This proposed expansion will facilitate both... 

Golden Minerals Announces the Sale of Platosa Property

Golden Minerals Company announced the sale of the Company’s remaining 49% joint venture interest in the Platosa property to Excellon Resources Inc. (“Excellon”), for US $2.0 million in cash and a 1% net smelter return royalty. Previous agreements between the Company and Excellon, including a 2% net smelter return royalty previously... 

HudBay to Re-Start Chisel North Mine and Snow Lake Concentrator

HudBay Minerals Inc. announced that it will re-start operations at its Chisel North mine and concentrator in Snow Lake, Manitoba effective immediately, with full production expected in the second quarter of 2010. The re-start of operations at Snow Lake is expected to provide approximately 30,000 tonnes of zinc concentrate feed to the company’s... 

Iberian Minerals Declares Commercial Production at Aguas Tenidas

Iberian Minerals Corp., a Canadian listed global base metals company with interests in Spain and Peru announced that it has declared commercial production at the Aguas Tenidas Mine in Spain. As such, for accounting purposes, effective October 1, 2009, all revenue and expenses will be accounted for as part of the income statement of the Corporation. Daniel... 

SLAM Exploration Prospecting Rare Earth Minerals at Nash Creek

SLAM Exploration Ltd. announces it has mobilized a prospecting crew to explore for rare earth elements (“REE”) and follow up high levels of yttrium and phosphorus detected on its Nash Creek property in New Brunswick. SLAM has researched Provincial records and found a REE occurrence located approximately 2 km west of the yttrium-phosphorus... 

Lundin Mining Enters Into Agreement for the Sale of Ozernoe Project

Lundin Mining Corporation a diversified base metals mining company with operations in Portugal, Spain, and Sweden, producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes expansion projects at its Zinkgruvan and Neves-Corvo mines along with its equity stake in the world class Tenke Fungurume... 

EurOmax commences diamond drilling at Ceovishte project, Serbia

EurOmax Resources Limited announce that it has commenced a 13 square kilometre geophysical program and a 2,500 metre diamond drilling program at Ceovishte to test two large gold bearing breccia bodies. During 2008 EurOmax completed a detailed mapping and soil geochemistry program defining a 6 kilometer long zone of strongly altered andesite volcanics... 

North Bay Resources Inc. Completes Coronation Gold Joint-Venture Agreement

North Bay Resources Inc. announce that it has finalized and signed a contract with Lincoln Resources Inc. (“Lincoln”), a private Nevada corporation, to enter into a joint-venture for the development of North Bay’s Coronation Gold Property. Terms of the agreement call for Lincoln to commit up to $1.5 million CDN over three years for... 

Arabian American Development Announces New Contract With LyondellBasell Industries

Arabian American Development Co. announced that its subsidiary, South Hampton Resources, Inc., has signed a new contract with LyondellBasell Industries (LBI), an existing customer, which is estimated at $11 to $15 million per year over the term of the contract running from August 1, 2009 through April 30, 2012 with continuation year to year thereafter.... 

Selwyn Resources Options Vinata Property, Mexico and Plans Drilling

Selwyn Resources Ltd. announce that it has reached agreement with Savant Explorations Ltd. to acquire an interest in its Vinata Property located in the state of Chihuahua in north central Mexico. The acquisition agreement grants Selwyn an option to acquire an initial 50% interest in the Vinata Property, and upon exercising of that option, a second option...