Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

March 3, 2010 Filed Under: Diamond Mining  
Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing the feasibility study for Debswana earlier in 2009, Fluor was awarded the procurement and construction... 

Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

February 2, 2010 Filed Under: Precious Metal  
 Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

Nebu Resources Inc. provides the following update on exploration activities on its Denton Township projects adjacent to properties held by Lakeshore Gold Mines Inc., approximately 30 kilometers southwest of Timmins, Ontario. The Company holds two properties in the area, one of which has been the subject of recent diamond drilling while the other has been the subject of initial exploration and is now... 

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... 

Black Hawk Exploration Incorporates Wholly Owned Gold Exploration Subsidiary ‘Golden Black Hawk’

December 7, 2009 Filed Under: Lithium Mining, Precious Metal  
Black Hawk Exploration Incorporates Wholly Owned Gold Exploration Subsidiary 'Golden Black Hawk'

Black Hawk Exploration incorporates wholly owned Gold Exploration subsidiary “Golden Black Hawk”. Black Hawk Exploration is a diversified energy and metals exploration company focused on identifying, acquiring and exploring strategic high value properties and developing new prospective projects globally. Further to its previous announcement in late September 2009 Black Hawk Exploration... 

Garibaldi’s Exploration Strategy Pays Off-Significant “Gold in Soil” Anomaly Discovered Over Hyperspectral Target

October 29, 2009 Filed Under: Precious Metal  
Garibaldi's Exploration Strategy Pays Off-Significant "Gold in Soil" Anomaly Discovered Over Hyperspectral Target

Further to its news release dated March 03, 2009, Garibaldi Resources Corp. announce that wide spaced soil sampling on the Company’s 100% owned Tonichi Project in Sonora, Mexico has identified a significant “gold in soil” anomaly over one of its high priority hyperspectral target areas. The soil geochemical survey outlined strongly anomalous Au values (112 samples returned gold values... 

Argonaut Gold Seeks to Acquire Castle Gold for a Minimum of C$1.25 Per Share

October 28, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks, Precious Metal  
Argonaut Gold Seeks to Acquire Castle Gold for a Minimum of C$1.25 Per Share

CASTLE GOLD CORPORATION announce today that it has entered into a support agreement with Argonaut Gold Inc. (“Argonaut”) in connection with the proposed acquisition (the “Offer”) by Argonaut of all of the common shares of Castle Gold Corporation (“Castle Gold”). Under the terms of the Support Agreement, Argonaut will offer to acquire, by way of a take-over bid, all... 

USA Uranium Explores Comstock Royalty Plan and Pursues Additional Gold Properties

October 24, 2009 Filed Under: Lithium Mining, Precious Metal  
USA Uranium Explores Comstock Royalty Plan and Pursues Additional Gold Properties

USA Uranium Corp. CEO Ken Berscht announce, “Our recent trip to visit the Comstock Lode in Nevada opens new areas of focus for USA Uranium as we expand our former gold producer and the Net Smelter Royalty (NSR) royalty acquisition model with strategic and early stage gold development projects which fit our business model of exploration and royalty development projects. The Comstock Lode Mining... 

New Dawn Mining to Focus on Zimbabwe Turk Mine Expansion, Exploration and Consolidation Strategy

October 7, 2009 Filed Under: Mining Investment, Precious Metal  
New Dawn Mining to Focus on Zimbabwe Turk Mine Expansion, Exploration and Consolidation Strategy

New Dawn Mining Corp. reports that in light of substantial opportunities now present in Zimbabwe, New Dawn intends to focus exclusively on expanding output at its Turk and Angelus Mine in Zimbabwe, furthering exploration on its options claims in Zimbabwe, and pursuing acquisition opportunities in Zimbabwe that are value accretive. In pursuing its Zimbabwe focused growth strategy, management has determined... 

Coeur Announces Plans to Increase Silver and Gold Production at Its Historic Rochester Mine in Nevada

October 5, 2009 Filed Under: Lithium Mining, Precious Metal  
Coeur Announces Plans to Increase Silver and Gold Production at Its Historic Rochester Mine in Nevada

Coeur d’Alene Mines Corporation announced that it is pursuing an expansion of mining operations at its Rochester silver and gold mine in Nevada. This planned expansion is expected to add an average of 2.9 million ounces of incremental annual silver production and 30,000 ounces of further gold production through 2017. The Bureau of Land Management supports a third-party prepared Environmental Assessment... 

Forsys Prepares for Upgraded Resource / Reserve At Valencia

October 2, 2009 Filed Under: Uranium Mining  
Forsys Prepares for Upgraded Resource / Reserve At Valencia

Forsys Metals Corp, an emerging uranium producer with 100% ownership in the fully permitted Valencia Uranium Project report that the 2009 infill and deposit expansion drill program has been completed at the Company’s wholly-owned Valencia Uranium Deposit located in Namibia, Africa. Results for the 200 percussion drill holes comprising 49,562 m are being compiled. The Company expects that as a...