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... 

Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

December 30, 2009 Filed Under: Mining Investment, Mining Stocks  
 Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

July 17, 2009 Filed Under: Lead Mining, Precious Metal, Zinc Mining  
Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

Canadian Zinc Corporation reports that The Honourable Chuck Strahl, Minister of Indian Affairs and Northern Development and Federal Interlocutor for Metis and Non Status Indians, on July 16, 2009 visited the Company’s Prairie Creek Mine site in the Northwest Territories. Minister Strahl was in the Northwest Territories, accompanied by The Honourable Jim Prentice, Canada’s Environment Minister... 

Omega Commercial Finance Signs Definitive Agreement to Acquire Peruvian Gold Mine

June 17, 2009 Filed Under: Mining Investment, Precious Metal  
Omega Commercial Finance Signs Definitive Agreement to Acquire Peruvian Gold Mine

Omega Commercial Finance Corporation announce that it has signed a Definitive Agreement to acquire from Ruby Trust Mining Company SAC (RTM), a mining operation located in the mountain village of Cusco, Peru. As previously announced, Omega is currently looking to diversify its interests with the gold commodities market by finding undervalued and underdeveloped mines with proven and probable reserves.... 

Freeport Advances towards Feasibility at Hutton Garnet Beaches

June 15, 2009 Filed Under: Precious Metal, Vanadium Mining  
Freeport Advances towards Feasibility at Hutton Garnet Beaches

Freeport Resources Inc., a junior mineral exploration company listed on the TSX Venture Exchange is advancing towards the feasibility study stage at its high grade Hutton Garnet Beaches project in Labrador, Canada. Permitting is in process for the 2009 bulk sample, and several governmental meetings were held in Newfoundland and Labrador last month to explain the proposal. The work is needed to confirm... 

Additional Coal Applications Submitted to Saskatchewan Government

May 21, 2009 Filed Under: Coal Mining  
Additional Coal Applications Submitted to Saskatchewan Government

Micron Enviro Systems, Inc. announce that it has applied for additional coal permits that are contiguous to existing coal permits currently held by the Company. These applications are located within the “Durango Trend” of the coal deposits in Saskatchewan, Canada. This area is the host for the most recent discovery by Goldsource Mines Inc., whose stock price rose from $0.30 to over $19/share... 

American Petro-Hunter Views Recent Gains in Oil Prices as Trend Indicator

May 11, 2009 Filed Under: Oil and Gas  
American Petro-Hunter Views Recent Gains in Oil Prices as Trend Indicator

American Petro-Hunter, Inc. views the recent price increases of crude oil as extremely positive news for both the economy and the Company. Last week, oil prices jumped to almost $58 a barrel thereby extending gains to near six-month highs on investor expectations that the global economic environment is beginning to grow and may begin to rebound before the end of the year. Oil has broken above the... 

North Bay Acquires North Star Silver Property

January 5, 2009 Filed Under: Precious Metal  

North Bay Resources Inc. announce that it has acquired a 100% undivided interest in the North Star Silver Property in southeastern British Columbia, Canada. The North Star Silver Property is situated in the historic Slocan Silver mining camp, and is located 1.5 kilometres east of Slocan Lake and approximately 4 kilomtres south of the village of Silverton. It covers almost 1,000 acres, and encompasses... 

U3O8 Corp. Granted Access to Previously Drilled Core in the Roraima Basin to Accelerate Exploration Strategy

December 12, 2008 Filed Under: Uranium Mining  

U3O8 Corp., a Canadian uranium exploration company, announce that the Guyana Government has granted U3O8 Corp’s wholly-owned subsidiary, Prometheus Resources Inc., access to core from 41 bore holes, totalling approximately 10,000 metres, that were drilled through the Roraima Basin in Guyana in the mid-1990’s. 31 of these 41 holes lie within U3O8 Corp’s exploration permit areas, with... 

CanAlaska to undertake uranium exploration with Chinese mining partner

December 2, 2008 Filed Under: Molybdenum Mining, Uranium Mining  

CanAlaska Uranium Ltd. announce that it has entered into a Memorandum of Understanding with East Nickel Mining Inc. to undertake joint exploration for uranium on its 100%-owned North East Wollaston Project. As outlined in the MOU, ERI may earn a 40% interest in the Project by undertaking a minimum of 100,000 metres of diamond drilling within 5 years. ERI may earn a 70% interest in the Project by undertaking...