Gentor Resources Inc. closes acquisition of APM Mining Limited

March 9, 2010 Filed Under: Mining Investment, Mining Stocks  
Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

The Marcellus Shale Coalition Issues Statement Regarding Support for Responsible Natural Gas Development in Pennsylvania

December 14, 2009 Filed Under: Oil and Gas  
The Marcellus Shale Coalition Issues Statement Regarding Support for Responsible Natural Gas Development in Pennsylvania

The Marcellus Shale Coalition (MSC) today underscored its commitment to economic development, environmental protection, and best management practices in the responsible development of Pennsylvania’s vast natural gas resources. “There are a lot of groups and organizations interested in learning more about the Marcellus Shale — beyond the vast economic opportunities, to include an understanding... 

Brett Receives Necessary Permits and Licences for the Reconstruction of the Sawbill North Road

December 14, 2009 Filed Under: Precious Metal  
Brett Receives Necessary Permits and Licences for the Reconstruction of the Sawbill North Road

Brett Resources Inc. announce that it has received all necessary permits and licences for the reconstruction of the Sawbill North Road. This road will provide a link between the mineral properties in the Hammond Reef Area and the community of Atikokan. The road will also provide access for other resource related activities in the area. This road construction is a collaborative process between the Seine... 

Denarii Resources Enters Negotiations to Acquire Production-Ready Gold and Silver Mine

November 16, 2009 Filed Under: Precious Metal  
Denarii Resources Enters Negotiations to Acquire Production-Ready Gold and Silver Mine

Denarii Resources Inc., a mining company focused on acquiring gold, silver and other resource properties worldwide, announced today that it has entered into negotiations to acquire a production-ready gold, silver and copper project located in South America. Denarii Resources employs a world-class mining team of advisors, geologists and consultants who are uniquely qualified to identify favorable acquisition... 

North Bay Resources Goes Green With Vanadium Acquisition

October 30, 2009 Filed Under: Vanadium Mining  
North Bay Resources Goes Green With Vanadium Acquisition

North Bay Resources Inc. announce that it has acquired the Pine River Vanadium deposit in northeastern British Columbia. Vanadium is a strategic metal that is irreplaceable in a number of applications, including alternative energy storage, where its environmentally friendly attributes have led many to now refer to it as the “green” metal. Pine River Vanadium covers 1,810 acres and is located... 

Southwest Resources Announces Closing of Transaction With Duke Mining Company

October 30, 2009 Filed Under: Mining Investment, Oil and Gas  
Southwest Resources Announces Closing of Transaction With Duke Mining Company

Southwest Resources, Inc. announced that the Company has completed its purchase of the assets of Duke Mining Company Inc., (“Duke”) for the assumption of $823,706 of Duke’s outstanding debt and obligations. The assets purchased include the lease arrangement for the 640 acre mining claim in Utah and the respective equipment, fixtures and furniture associated with the claim. Southwest... 

Powertech Submits BLM Application Dewey-Burdock Project

October 26, 2009 Filed Under: Uranium Mining  
Powertech Submits BLM Application Dewey-Burdock Project

Powertech Uranium Corp. announce that it has submitted the required Plan of Operation to the U.S. Department of Interior’s Bureau of Land Management (BLM) for its Dewey-Burdock uranium in situ project. The project, which is located in Fall River and Custer Counties, South Dakota (SD), consists of 10,580 surface and mineral acres controlled by the Company through active mining leases, purchases... 

Great Western Minerals Group Engages Barr Engineering to Update Hoidas Lake Technical Report

October 22, 2009 Filed Under: Lithium Mining, Mining Services  
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... 

Cliffs Natural Resources to Exercise Right of First Refusal and Acquire Partners’ 73.2% Interest in Wabush Mines

October 12, 2009 Filed Under: Iron Ore Mining, Mining Investment, Mining Stocks  
Cliffs Natural Resources to Exercise Right of First Refusal and Acquire Partners' 73.2% Interest in Wabush Mines

Cliffs Natural Resources Inc. announced that it plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture. On Oct. 9, Consolidated Thompson Iron Mines Ltd. announced an agreement with Wabush Mines’ other two joint venture partners, U.S. Steel Canada (44.6%) and ArcelorMittal Dofasco... 

ProspEx Resources Announces Kakwa Horizontal Well Results and Establishment of New Operating Area in West Central Alberta

September 28, 2009 Filed Under: Oil and Gas  
ProspEx Resources Announces Kakwa Horizontal Well Results and Establishment of New Operating Area in West Central Alberta

ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program. “Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive Officer. “I am also excited to announce that...