First Quantum Minerals Ltd. Announce Issuance of New First Quantum Shares

February 1, 2010 Filed Under: Mining Investment, Mining Stocks  
First Quantum Minerals Ltd. Announce Issuance of New First Quantum Shares

First Quantum Minerals Ltd. announced that following the successful completion of the acquisition of Kiwara PLC, an application was made on Friday January 29, 2010 to the London Stock Exchange plc for the New First Quantum Shares to be admitted to trading on the Official List. Furthermore, application has been made to the TSX for the New First Quantum Shares to be admitted to trading on the TSX. These... 

Great Western Minerals Group Retains Investor Relations Firm

January 27, 2010 Filed Under: Mining Investment, Mining Stocks  
Great Western Minerals Group Retains Investor Relations Firm

Great Western Minerals Group Ltd. announced today that it has entered into an investor relations agreement with Stone Communication Services Limited (“SCS”) of Toronto, Ontario (the “Agreement”). SCS specializes in the execution of tailored, strategic communication programmes for emerging companies and will introduce GWMG to Stone Communications’ network of brokers, analysts... 

CanAlaska Uranium commences winter drilling program at the Cree East project

January 27, 2010 Filed Under: Uranium Mining  
CanAlaska Uranium commences winter drilling program at the Cree East project

CanAlaska Uranium Ltd. announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising Hanwha Corporation, Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. The Company recently received Cdn$4.12... 

Barkerville Raises $13,054,000 With Equity Issue

January 25, 2010 Filed Under: Mining Stocks  
Barkerville Raises $13,054,000 With Equity Issue

Barkerville Gold Mines Ltd. (formerly International Wayside Gold Mines Ltd.) reports that the previously announced equity financing (News Release 09-35 November 20, 2009) including the overallotment option has been fully subscribed to and the issue has been increased. The proceeds from the private placement will be used for the start up of the QR Mine and Mill, exploration and development on the Company’s... 

Riverstone Completes Acquisition of Seajacks International

January 21, 2010 Filed Under: Mining Services, Mining Stocks, Oil and Gas  
Riverstone Completes Acquisition of Seajacks International

Riverstone Holdings LLC’s most recent renewable energy fund has successfully completed its previously announced acquisition of Seajacks International, for a total cash consideration of US$207 million. Seajacks is now wholly-owned by Riverstone and the management team. Seajacks currently owns and operates two self-propelled jack up vessels out of Great Yarmouth in the United Kingdom: the Seajacks... 

White Mountain Test Work Succeeds in Recovery of Feldspar From Rutile Flotation Tailings

January 21, 2010 Filed Under: Mining Services  
White Mountain Test Work Succeeds in Recovery of Feldspar From Rutile Flotation Tailings

White Mountain Titanium Corporation reports that it has successfully completed flotation test work to recover feldspar from natural rutile (titanium dioxide) flotation tailings. The test work program was carried out at SGS Lakefield (“SGS”) in Ontario, Canada. The aim of the program was to produce a low iron, feldspar concentrate from waste stream tailings acceptable for possible use... 

Blackstone Mobilizes Drill to Uma Cu-Zn-Au Project in Northern Sweden

January 19, 2010 Filed Under: Copper Mining, Precious Metal, Zinc Mining  
Blackstone Mobilizes Drill to Uma Cu-Zn-Au Project in Northern Sweden

Blackstone Ventures Inc. announces that a diamond drill rig has now been mobilized to its 100% owned Uma Volcanogenic Massive Sulphide (VMS) project in northern Sweden and will begin drilling immediately. This first phase drill program at Uma South (southern portion of the 235,000 hectare property) will consist of approximately 12 – 20 holes. Drilling will begin in the Uma South area to test... 

Rockcliff Commences Drill Program at Snow Lake Project

January 19, 2010 Filed Under: Copper Mining, Precious Metal  
Rockcliff Commences Drill Program at Snow Lake Project

Rockcliff Resources Inc. announce that drilling has commenced on its Snow Lake Project located in central Manitoba. A minimum of 5,000 metres (m) of drilling are planned in approximately 30 holes. Drilling is planned on the Rail, Reed, Freebeth, Tramping and Squall properties. The targets include extensions of a known copper-gold rich horizon (Rail), additional testing of DPEM & BHPEM anomalies... 

Hansa Finalizes Agreement for Sale of Swedish Properties

January 19, 2010 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
Hansa Finalizes Agreement for Sale of Swedish Properties

Hansa Resources Ltd. announce that Hansa has finalized a Letter of Intent (“LOI”) with Botnia Exploration Holding AB (“Botnia”), which contains the principal terms for the sale of Hansa’s wholly owned subsidiary Hans A Resources AB (“Hans A”). Botnia is a company incorporated under the laws of Sweden that is publicly traded on the Aktietorget exchange under... 

USCorp Junior Gold and Silver Exploration Company Update on Picacho Drilling

January 19, 2010 Filed Under: Precious Metal  
USCorp Junior Gold and Silver Exploration Company Update on Picacho Drilling

USCorp updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California. Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s Picacho...