Mawson focuses on uranium exploration in Scandinavia

December 13, 2009 Filed Under: Uranium Mining  
Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

Agnico-Eagle increases credit lines to over US$900 million

June 16, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
Agnico-Eagle increases credit lines to over US$900 million

Agnico-Eagle Mines Limited, a long established Canadian gold producer with operations located in Quebec and Finland and exploration and development activities in Canada, Finland, Mexico and the United States, announced that it has executed a new non-amortizing US$600 million revolving credit facility, maturing June 2012. The new facility replaces a pre-existing US$300 million tranche of the Company’s... 

Nortec Ventures and Copper Mesa extend agreement

June 4, 2009 Filed Under: Mining Investment, Mining Stocks  
Nortec Ventures and Copper Mesa extend agreement

Further to the press release dated April 1, 2009, Nortec Ventures Corp. and Copper Mesa Mining Corporation have agreed to extend the closing of Nortec’s acquisition of a subsidiary of Copper Mesa until June 30, 2009 to complete due diligence. Under the extended agreement, Nortec will pay immediately to Copper Mesa US$90,000 and an additional US$70,000 on June 16, 2009. The US$1,100,000 payment... 

Northland Files Environmental Permit Application for Tapuli

April 2, 2009 Filed Under: Iron Ore Mining  
Northland Files Environmental Permit Application for Tapuli

Northland Resources Inc. has filed an environmental permit application with the Swedish Environmental Court, for its Tapuli iron ore mining project and related Kaunisvaara mill, located in northern Sweden. The granting of an environmental permit is the last step before mine construction can begin. Northland anticipates a ruling from the Environmental Court in approximately 12-14 months. Mr. Bill Wagener,... 

BE Group Closes Down Its Business in St. Petersburg

December 22, 2008 Filed Under: Mining Investment, Mining Stocks  

BE Group is closing down operations at its facility in St. Petersburg, Russia. The business was launched in 2006. Sales in 2008 so far total SEK 15M. The process of discontinuing the business will take place during the first half of 2009 and will affect 13 employees. The cost of closing down the business is estimated at SEK 10M, which will be posted in the fourth quarter of 2008. HÃ¥kan Jeppsson, BE... 

Northland Resources Inc.: Exploitation (Mining) Concession Granted for Tapuli Iron Ore Project

December 2, 2008 Filed Under: Iron Ore Mining  

Mr. Buck Morrow, President of Northland Resources Inc. announce, as per Northland’s press release of November 20th, that the Chief Mine Inspector of Sweden has granted an exploitation (mining) concession for the Tapuli iron ore project in northern Sweden. Tapuli has the potential to produce up to 3 million tonnes per annum of high grade, high quality, iron concentrate. According to the Swedish... 

Mawson’s Uranium Investigation Permits granted at Don Benito in Spain

December 1, 2008 Filed Under: Uranium Mining  

Mawson Resources Limited, Michael Hudson, President & CEO, advises that Mawson’s Don Benito Uranium exploration Investigation Permits in Spain have been granted. The Don Benito Uranium Investigation Permits lie in the La Haba district, Extremadura region of south-western Spain, in one of two principal historic uranium mining and processing areas in the country. Two “Permisos de Investigación”... 

Chief Mines Inspector of Sweden Grants Exploitation Concession for Northland’s Tapuli Project

November 20, 2008 Filed Under: Iron Ore Mining, Precious Metal  

Northland Resources Inc. announce that the Chief Mines Inspector of Sweden has granted the Exploitation Concessions for Tapuli K1 and Tapuli K2. The granting of the concession has been communicated to the parties involved in the land use of the area and has been released by Mines Inspectorate to Northland and the public today. Northland will publish more details regarding the concession early next... 

Northland Signs MOU with Port Authority of Kemi and City of Kemi

November 20, 2008 Filed Under: Iron Ore Mining, Precious Metal  

Mr. Buck Morrow, President of Northland Resources Inc., to advise that Northland has signed a Memorandum of Understanding with the Port Authority of Kemi in Finland, and its owner, the City of Kemi (Port). In the MOU, Northland commits to ship the full iron ore production from the Tapuli mine via the Port of Kemi. In return, the Port of Kemi and the City of Kemi commit to reserve suitable land and... 

Belvedere extends temporary dismissal notices at Hitura Mine

November 7, 2008 Filed Under: Nickel Mining  

Belvedere Resources Ltd. BEL:TSX-V announces that further to its announcement on 15th October, it will be extending temporary dismissal notices to a further 65 employees at its Hitura Nickel Mine. The notices allow the company to commence temporary dismissals from early December. At any time within 90 days of the notification, the company has the option to request workers to return to work. Contractors...