Closing Financing of $9 Million and Listing of Candente Gold Corp.

Candente Resource Corp. and Candente Gold Corp. has announce the closing on December 30th of three tranches totalling $9,028,130 in the previously announced private placement offering of common shares of Candente Gold (the “Financing”). Exploration will commence in January on the El Oro property in Mexico. A program of underground drifting and drilling will target extensions to high-grade... 

Tag: candente mining, candente gold cp, candente gold corp, candente gold

Jinchuan Purports to Terminate Purchase of Tiomin Kenya

Tiomin Resources Inc. reports that Jinchuan Group Limited (‘Jinchuan’) of China, purports to have terminated the Investment Agreement to purchase 70% of Tiomin Kenya Limited (‘TKL’) and the Kwale project. Tiomin seeks clarification from Jinchuan concerning its notice of intent to terminate the transaction, which was scheduled to close on October 29, 2009. Bob Jackson, CEO, said... 

Tag: jinchuan tiomin kenya, jinchuan resource, jinchuan investment, tiomin kenya, kenya mining news

Iberian Minerals Declares Commercial Production at Aguas Tenidas

Iberian Minerals Corp., a Canadian listed global base metals company with interests in Spain and Peru announced that it has declared commercial production at the Aguas Tenidas Mine in Spain. As such, for accounting purposes, effective October 1, 2009, all revenue and expenses will be accounted for as part of the income statement of the Corporation. Daniel Vanin, President, commented: “This is... 

Tag: iberian minerals platinum, mining commercial production, daniel vanin, copper zinc mine circuits, aguas tenidas mine project spain contractor

Vena Resources Provides Update on Uranium Discovery and Drilling and Announces Private Placement

Vena Resources Inc. announce that as the drill permitting process is in the final stages, Minergia Resources SAC, a company jointly owned by Vena and Cameco Corp., expects drilling to commence mid-November on the Macusani uranium project located in Peru’s southeastern Puno Department. The total program encompasses 11,000 meters of drilling in 71 drill holes and the first phase of this year’s... 

Tag: peru uranum discoveries, calvario real uranium, how has iron ore impacted canada environmentally, drilling projects in peru, pxd loc us

AndeanGold Completes Phase 1 Drill Program on Rio Seco Project, Peru

AndeanGold Ltd. report that the contract driller, A.K. Drilling International S.A., has completed the Phase 1 drill program (the “Program”) at the Company’s Rio Seco Project in Peru. The Program entailed the drilling of eleven (11) reverse circulation holes, for a total of 1,400 metres. All holes were successfully drilled as planned. The holes ranged from 100m to 158m in inclined... 

Tag: italpreziosi, software ak drilling international, lively grove power plant address

Gold Hawk Signs a Share Purchase Agreement With Nyrstar for the Sale of an 85 Per Cent Interest in the Coricancha Mine

Gold Hawk Resources Inc. announced today that the Company has entered into a Share Purchase Agreement (the “Agreement”) with Nyrstar (“Nyrstar”) (NYSE Euronext Brussels: NYR), whereby Nyrstar will acquire an 85 per cent interest in Compania Minera San Juan (Peru) S.A. (CMSJ), Gold Hawk’s Peruvian operating subsidiary, for US$15 million. Nyrstar is a leading, well-financed,... 

Tag: nyrstar minning news today, coricancha mine nyrstar, nyrstar mining job, lithium mining public companies, publicly traded lithium mining companies

Lara Exploration Ltd.: Independent Review and Technical Report Completed on the Sao Lourenco Tin Project

Lara Exploration Ltd. to report that Anglo Latina Consultores S.A.C., of Lima, Peru (“Anglo Latina”) has completed a positive and independent review of the Company’s Sao Lourenco tin project in Rondonia State, northwest Brazil. Anglo Latina has also prepared a Technical Report on the project to NI 43-101 standards, entitled “THE SAO LOURENCO TIN PROJECT, RONDONIA STATE, BRAZIL”,... 

Tag: lara project mining, tin rondonia, technical exploration report, lara exploration ltd, how to review a technical paper

Report Shows Long Term Benefits of Gold Mining to Developing Economies

Large-scale gold production has been found to be a major factor in bolstering the economies of developing countries, according to a key report issued today by the World Gold Council (WGC) in partnership with the International Council on Mining & Metals (ICMM) and Oxford Policy Management. The new report, ‘The Golden Building Block: gold mining and the transformation of developing economies’,... 

Tag: developing countries that benefit from economies of scale, benefits of mining in developing countries, benefits in gold investment, advantages of mining, long benefited from

La Cortez Energy Update of the Drilling Operations for the Mirto-1 Well in the Maranta Block in the Putumayo Basin in Colombia

La Cortez Energy, Inc. announce the following operational update: Emerald Energy Plc. , the operator of the Maranta Block where La Cortez will hold a 20% working interest, reached the intended total depth of 11,578 ft on the Mirto-1 exploration well, with oil and gas shows recorded across the four target reservoirs. Three of the four potentially hydrocarbon bearing intervals have been flow tested with... 

Tag: putumayo villeta u sand, putumayo basin u sand, la cortez columbia, cortez and colombia and, mirto putumayo

Minera IRL Limited: New Joint Venture, Veca Project, Peru

Minera IRL announce that a Letter of Intent (“LOI”) has been signed with Collingwood Peru S.A.C. (“Collingwood”) to form a Joint Venture to explore the Veca Exploration Lease. Veca is located approximately 30km south east of Huamachuco, La Libertad in north central Peru. Under the terms of the LOI, MIRL will initially manage and hold 60% of the JV with Collingwood holding the... 

Tag: cardero, pampa pongo minera