Great Panther Signs New Sales Contracts for Topia Concentrates

GREAT PANTHER RESOURCES LIMITED announce it has signed contracts with Louis Dreyfus Commodities Metals Suisse SA (LDC), part of one of the world’s largest commodities trading companies, for the sale of lead and zinc concentrates from the Company’s wholly owned Topia silver-lead-zinc mine in Durango State, Mexico. The contracts are effective through to December 31, 2010 and will enable Great... 

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Baja Achieves Key Milestone in Development of Manganese Metal Production at Boleo

Baja Mining Corp. announces that a key milestone has been achieved towards manganese metal production at its Boleo project in Baja, Mexico. Staff at the University of British Columbia’s Hydrometallurgy Research Laboratory have successfully demonstrated that manganese metal can be manufactured from Boleo manganese carbonate using conventional hydrometallurgical processing steps. A sample of manganese... 

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Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine

Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note).... 

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Golden River Resources Takes Placement in Canadian Company Acadian Mining Corp

Golden River Resources Corporation announced that it has reached agreement with Acadian Mining Corporation to subscribe in a private placement transaction for up to 338,111,334 common shares in Acadian for aggregate gross investment of up to C$10 million. The Offering is contemplated to close in two or more tranches. Following closing of all tranches, Golden River will hold 68.45% of Acadian. The... 

Western Troy Acquires Gold Claims in Quebec, Delays MacLeod Lake Feasibility Study

Western Troy Capital Resources Inc. announced it has staked 92 claims in the Ashuanipi Lake district approximately 50 kilometers northwest of Schefferville, Quebec. The claims cover the south limb of a folded iron formation with numerous gold values ranging up to 24 g/t over a strike length of 5.5 kilometers. Anomalous values were also detected in silver (30g/t), copper (1.28%), and tungsten (0.17%).... 

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Pacific North West Capital Corp. announces option to acquire the Nixon Fork gold mine in central Alaska

Pacific North West Capital Corp. announce the signing of a letter agreement pursuant to which it has acquired an option, exercisable until February 15, 2009, to purchase a 100% interest in Mystery Creek Resources, Inc. (MCR), a wholly owned Alaskan subsidiary of St Andrews Goldfields Ltd.. MCR’s assets include the Nixon Fork gold mine, located 56 kilometres northeast of McGrath, Alaska. PFN has... 

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Rocmec Provides Commissioning Update of its Underground Mill at Rocmec 1

Rocmec Mining inc., announce that the commissioning process of the underground modular milling plant at its Rocmec 1 mine, located in Rouyn-Noranda, Quebec is well underway and scheduled to be completed within the coming weeks. Programming of the software that runs the fully automated process will be terminated this week, following which, the mill will be ready for preliminary testing. Once management... 

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

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”... 

Mexoro Minerals Enters Into Negotiations for Project Financing

Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the property. Mario Ayub, President of Minera Rio Tinto... 

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Mechel Signs Contract With Minmetals To Construct Rail and Structural Steel Mill

Mechel OAO, one of the leading Russian mining and metals companies, announces that it has signed a contract with Minmetals, one of China’s largest state-owned industrial corporations, to construct a rail and structural steel mill at its Chelyabinsk Metallurgical Plant OAO subsidiary. The commercial agreement, signed today, is the first in accordance with the Memorandum of Intent signed between... 

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