Anvil Mining Limited, announced that it had completed an agreement with La Générale des Carrières et des Mines (“Gécamines”) and the Government of the Democratic Republic of Congo (“DRC”) on the terms of its Mutoshi Joint Venture (“JV”) agreement. The Company is also pleased to announce that it has recommenced the engineering and design work for the Kinsevere...
Coeur d’Alene Mines Corporation announce that crushing activities have begun and construction activities are proceeding on schedule and on budget at its major Palmarejo silver and gold project in Mexico. The mine has successfully operated the crusher, an important milestone in completion of the construction of the processing facilities at Palmarejo. In addition, commencement of silver and gold production...
Anvil Mining Limited, reports that in view of the current low copper price, it has begun the process of suspending concentrate production, postponing underground development work and initiating a care and maintenance program at its Dikulushi mine (90%) in the Katanga Province of the Democratic Republic of Congo until the price of copper recovers. The Company estimates that this decision will deliver...
Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,...
Waratah Coal Inc. announce that the Queensland Government has declared the Galilee Coal Project (Northern Export Facility) a ‘Significant Project’ for which an Environmental Impact Statement (EIS) is required. Waratah Coal President and CEO Peter Lynch today said, “This declaration reflects the effort and cooperation that has been achieved between Waratah Coal and the Queensland...
Waratah Coal Inc. advises that a further (fifth) Supplementary Information Memorandum dated November 7, 2008 has been lodged as part of its Listing Application to the Australian Stock Exchange Limited (“ASX”) and can be viewed on the Company’s website www.waratahcoal.com or on www.sedar.com. The additional disclosure summarises the Company’s announcement of an Exploration Target...
Waratah Coal advises that a further Supplementary Information Memorandum dated November 5, 2008 has been lodged as part of its Listing Application to the Australian Stock Exchange Limited (“ASX”) and can be viewed on the Company’s website www.waratahcoal.com or on www.sedar.com. The additional disclosure is in relation to a Notice of Change to the Director’s Circular that was...
Rio Tinto Alcan will be the title sponsor of Montreal’s new BIXI self-service bicycle rental system, supplying funding for the project as well as aluminium for the construction of the bicycles. BIXI will be offered to the public as of April 2009, with 2,400 bikes available at a network of 300 stations covering central Montreal. “It’s a great way to get people out of their cars and...
Samson Oil & Gas Limited announced that the Leonard #1-23H well had reached a depth of 10,137 feet, penetrating the Bluell Formation objective and was logged. The evaluation of these logs suggested that there was insufficient porosity developed in the objective to justify drilling a horizontal lateral. Leonard #1-23H (10% working interest) Bakken objective Following the evaluation of the Bluell...
Rio Tinto is to invest an additional US$300 million in the modernisation of the Kitimat aluminium smelter in British Columbia, Canada, bringing the current project funding total to over US$500 million. “The Kitimat Modernisation Project leverages two of our greatest competitive advantages – clean, self-generated hydropower and internationally renowned AP smelting technology. This investment...