Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property
Franconia Minerals Corporation announces that it has reached an agreement with the South Kawishiwi Association LLC, a group of nearby cabin owners who are exchanging surface lands with the US Forest Service for surface rights over a portion of Franconia’s Maturi mineral deposit. Under the terms of the agreement, Franconia reinforces its right to access the Maturi Cu-Ni-PGM deposit – via...
Great Western Minerals Group Engages Barr Engineering to Update Hoidas Lake Technical Report
Great Western Minerals Group Ltd. announce it has engaged Barr Engineering Company (“Barr”) of Minneapolis Minnesota to update the 43-101 Technical Report for the Company’s Hoidas Lake Project. Barr is an employee-owned engineering and environmental consulting company involved with the development, management, and restoration of natural resources. With more than 40 years of experience...
Wits Basin Completes Share Exchange Transaction and Forms a Stand-Alone Gold Company
Wits Basin Precious Minerals Inc. announce the completion of a share exchange transaction with Princeton Acquisitions, Inc., a Colorado corporation, and Hunter Bates Mining Corporation, a Minnesota corporation, which was previously a wholly-owned subsidiary of Wits Basin, in which all of the Hunter Bates shareholders exchanged their equities for newly issued Princeton equities. As a result of the transaction,...
Minnesota State Building and Construction Trades Council United in Opposition to Anti-Mining Bill
The Minnesota Building and Construction Trades Council, one of the state’s most prominent labor groups, is in agreement with high profile elected officials from both sides of the political isle that there is no need for the non-ferrous mining legislation being pushed by the Friends of the Boundary Waters. Minnesota is facing the largest budget challenge in history and companies across the state...
Ritchie Bros. sells record US$3.57 billion of equipment at 2008 auctions
Vancouver-based Ritchie Bros. Auctioneers conducted its final unreserved auctions of 2008 last week and is pleased to announce a preliminary gross auction proceeds estimate of US$3.57 billion for the year. This represents a 12% increase over 2007 gross auction proceeds, making this the largest year in the Company’s 50-year history. Ritchie Bros., the world’s largest auctioneer of industrial...
Northern Oil and Gas, Inc. Announces Ten Bakken and Three Forks Discoveries
Northern Oil and Gas, Inc. announced the successful drilling and completion of an additional ten oil producing wells in the North Dakota Bakken and Three Forks trend. The ten wells began producing at an average initial production rate of 825 barrels of oil per day. Northern Oil is currently participating in the drilling or completion of an additional 21 Bakken and Three Forks wells. In addition, Northern...
Advanced Explorations Inc. Focuses Plans on an Iron Nugget Plant
Advanced Explorations Inc. announce that it intends to strengthen its Roche Bay Project in Nunavut with the addition of an iron nugget plant. Following the lead of Steel Dynamics Inc. (“SDI”) and others, AEI plans to utilize the MIDREX/Kobe Steel ITmk3® Process to produce “pig iron” nuggets which are higher in grade (~98% Fe) and sell at a price multiple to the traditional...
Cliffs Natural Resources Inc. to Idle Three Iron Ore Pellet Furnaces
Cliffs Natural Resources Inc, a global mining and natural resources company, today reported that it has initiated production curtailments at two of its six North American Iron Ore mines. Cliffs indicated that the curtailments were necessary to bring production levels in line with demand. Cliffs will temporarily idle two small pellet furnaces at Northshore Mining and one small pellet furnace at United...
Cleveland-Cliffs Inc Is Now Cliffs Natural Resources Inc.
Cleveland-Cliffs Inc, an international mining company, announced that it has changed its name to Cliffs Natural Resources Inc. Its ticker symbol will remain the same. In addition to the name change, the Company also announced the formal adoption of “Cliffs,” the one-word name by which it is commonly known, and introduced a new visual identity, including a new corporate logo. The new blue and green...
Intermountain Gas Company Acquisition Completed; Company Joins MDU Resources Group
MDU Resources Group, Inc. announced that its acquisition of Intermountain Gas Company, a wholly-owned subsidiary of privately held Intermountain Industries, Inc., has been finalized. The enterprise value of the transaction, including indebtedness, is approximately $328 million. Intermountain Gas, headquartered in Boise, Idaho, serves more than 300,000 customers in 74 communities in Idaho, including...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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