Golden Band Resources Inc. announce that the La Ronge Gold Project Surface Lease Agreement 2009 has been signed with the Government of Saskatchewan. The province is represented in the Agreement by the Ministry of First Nations and Métis Relations and by the Ministry of Environment. Golden Band entered into the Agreement via its wholly owned subsidiary, Jolu Development Corporation (JDC). The Surface...
Apogee Minerals Ltd. announce that Micon International Limited has been awarded a contract to complete the scoping study on the Pulacayo deposit, located at Pulacayo, southwest Bolivia. Apogee has reviewed proposals from various engineering firms for the completion of the Study and ultimately selected Micon. The Study will focus on two possible production scenarios to determine the optimal approach...
Pan American Silver Corp. reported that Union workers at its Morococha mine in Peru initiated a strike yesterday after the Company and Union representatives failed to reach an agreement with respect to an increase in base pay and benefits. Contract workers are currently carrying out underground mining operations at a reduced rate while the Company attempts to resolve the matter. Meanwhile, discussions...
Lundin Mining Corporation announce that the first copper cathode has been produced by the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo. Lundin Mining holds a 24.75% equity interest in the project. The project’s initial high-grade oxide ore facilities have been designed to achieve approximately 115,000 metric tonnes of copper cathode and 8,000 tonnes per...
Dana Resources is a US-based precious and base metals exploration company with advanced stage gold properties in Peru. Dana Resources is pleased to announced today they have acquired 100% interest in the claim herein known as the Turmalina Project, in Peru. Turmalina is a copper project located in Northern Peru and is accessible by road with existing infrastructure in the area for power, water and...
WGI Heavy Minerals, Incorporated announced that it has temporarily ceased operations at its Emerald Creek Garnet mine in Fernwood, Idaho. The combination of adverse weather conditions in December 2008 and the recent lower grades of garnet produced in the areas WGI was mining in the past two months at ECG contributed to this decision to shut down the mining effort at ECG for the next three months....
Western Canadian Coal Corp. announces that mining at the Willow Creek Mine has commenced as planned. Commercial production of low-volatile PCI coal should be available for sale early in 2009. Coal markets continue to be strong, with all hard coking coal production from the Wolverine operations currently sold at approximately US$ 300 per tonne and all low-volatile PCI coal at the Brule operation sold...
Happy Creek Minerals Ltd. wishes to provide a general update on the Company’s status. Happy Creek Minerals was designed from the beginning to minimize investment risk and maximize return potential. The Company currently has $1.90 million of cash in the bank, and is taking steps to minimize overhead expenditures while continuing to perform low-cost exploration on its projects. The Company’s...
Uranium One Inc. announced that it has temporarily suspended mine operations at the Dominion Uranium Project in South Africa. Today’s action follows labour disruptions this week at the Project, which culminated in a general illegal strike. Notwithstanding repeated Company directives to end the strike and a court order issued yesterday by the Labour Court of South Africa prohibiting the continuation...
Creston Moly Corp. announce the appointment of Mr. Colin K. Benner, P. Eng. as Chairman of the Board of Directors effective immediately. Mr. Benner is an experienced mining executive with more than 40 years in the mining industry with senior management and executive roles in Canada and internationally. He was most recently Vice Chairman and CEO of Skye Resources and previously Vice Chairman and CEO...