Robex is starting its drilling campaign on Nampala

Robex Resources Inc. announce that it has completed the preparatory phase of the drilling campaign planned for the Nampala gold deposit located on the Mininko permit, in the Republic of Mali. Robex is now preparing to commence its drilling campaign with the intent of increasing the quality of the resources contained within a portion of the Nampala deposit. This past October, the engineering-consulting... 

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SLAM Exploration Prospecting Rare Earth Minerals at Nash Creek

SLAM Exploration Ltd. announces it has mobilized a prospecting crew to explore for rare earth elements (“REE”) and follow up high levels of yttrium and phosphorus detected on its Nash Creek property in New Brunswick. SLAM has researched Provincial records and found a REE occurrence located approximately 2 km west of the yttrium-phosphorus soil anomalies within its extensive Nash Creek claim... 

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Wallbridge Mining Initiates $1.6 million 2009 Exploration Program on Parkin Offset Dyke

Wallbridge Mining Company Limited announced that its joint venture partner Impala Platinum Holdings Limited (“Impala”), the world’s second largest primary platinum producer, has allocated $1.6 million dollars for the 2009 exploration program on the Parkin Offset dyke properties in Sudbury. The program includes 6,300 metres of diamond drilling. “We appreciate the support of our... 

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Alluvial Diamond Mining Expert Wants Changes to Rockwell Board

Hennie Van Wyk, the former owner and operator of the majority of the assets of Rockwell Diamonds Inc., and a holder of approximately 4.3% of Rockwell, today commented on Pala Investments Holdings’ proposed slate of directors for Rockwell. “As a shareholder of Rockwell, I have grave concerns about the current mismanagement of the company I helped create. I left Rockwell because of management’s... 

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Ressources Appalaches acquire Dufferin Resources

With the acquisition of 100% of Dufferin Resources Inc., Ressources Appalaches has become the sole owner of the Dufferin Mine, located in Nova Scotia. The transaction comprised the acquisition of the ramp-access Dufferin Mine, along with its processing plant (mill), mining lease, environmental permits and all infrastructure required for production. Ressources Appalaches proceeded with the verification... 

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Foundation Coal Announces Idling of the Laurel Creek Mining Complex

Foundation Coal Holdings, Inc. said that the Laurel Creek mining complex operated by Foundation Coal affiliates will be idled effective immediately. The Laurel Creek complex, which produced approximately 1 million clean tons of coal in 2008, consists of three active underground mines and an associated preparation plant. The decision to idle the Laurel Creek complex is based on its high cost structure,... 

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Patriot Coal Announces Closure of Jupiter Mine

Patriot Coal Corporation announced the closure of its Jupiter mining complex. The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. In connection with the closing of the facility, the Company gave notice today, in compliance with the Worker Adjustment and Retraining Notification Act, that employees will be laid off from employment between March 12 and... 

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Ressources Appalaches: Appointment of an Engineering Team for the Dufferin Mine

Ressources Appalaches announce the appointment of Mr. Andre de Guise, a mining engineer, for the reopening of the Dufferin Gold Mine, in Nova Scotia. The engineering supervision for restarting the mine will now be under the management of this mining engineer, in association with Mr. Alain Hupe, Senior Geologist, who will be responsible for exploration matters. Andre de Guise, the Director of Operations,... 

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A$17.8 Million Recommended Takeover Offer by Paladin Energy Ltd for Fusion Resources Limited

Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,... 

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Appalaches Buys a Gold Producer in Nova Scotia

Ressources Appalaches has just signed an agreement to acquire the gold producer Dufferin Resources, located in Nova Scotia. The transaction comprises the acquisition of the ramp-access Dufferin Mine, together with its processing plant (mill), mining lease, environmental permits, and all the other infrastructure required for production. The cost of the transaction was established at $4,000,000, payable...