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... 

Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

March 3, 2010 Filed Under: Diamond Mining  
Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing the feasibility study for Debswana earlier in 2009, Fluor was awarded the procurement and construction... 

Tasman drilling update from Norra Karr REE project, Sweden

February 24, 2010 Filed Under: Rare Earth Elements  
Tasman drilling update from Norra Karr REE project, Sweden

Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert... 

Manas Petroleum Reports Drilling Activity in Huday Nazar Prospect Is On Track

September 17, 2009 Filed Under: Oil and Gas  
Manas Petroleum Reports Drilling Activity in Huday Nazar Prospect Is On Track

Manas Petroleum an international oil and gas company, focusing on activities in South-Eastern Europe, Central Asia and South America reports on the drilling progress of its second, deeper exploration well at the Huday Nazar SPC-1 (Soh License) Prospect with Santos International Pty. Ltd its Australian-based fellow Shareholders of SPC. Drilling activity has reached currently a depth of 1970m and drilling... 

Banro acquires refurbished process plant to fast track gold production at its Twangiza project

August 13, 2009 Filed Under: Precious Metal  
Banro acquires refurbished process plant to fast track gold production at its Twangiza project

Banro Corporation announce that it has entered into an agreement to purchase a refurbished gold processing plant (the “plant”) capable of achieving a throughput capacity of 1.3 million tonnes per annum. The closing of the purchase of the plant is expected to occur on or about September 21, 2009. This acquisition supports the Company’s strategy of advancing production through a staged... 

Kilo Strengthens Management Ahead of Accelerating Exploration

July 17, 2009 Filed Under: Precious Metal  
Kilo Strengthens Management Ahead of Accelerating Exploration

Kilo Goldmines Ltd. announce a strengthened management team in preparation for a significant increase in corporate and exploration activity. The Company is well advanced on its exploration program at its core gold project in the Democratic Republic of the Congo (DRC). The Board of Directors has recently appointed Klaus Eckhof President and CEO of the Company and Peter Hooper has been appointed Executive... 

Uranium One Announces Extension of Subscription Agreement with Japanese Consortium

June 11, 2009 Filed Under: Mining Investment, Mining Stocks, Uranium Mining  
Uranium One Announces Extension of Subscription Agreement with Japanese Consortium

Uranium One Inc., one of the world’s largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States, South Africa and Australia announced the extension to December 15, 2009 of its subscription agreement of February 9, 2009 with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The... 

Nevada Gold Holdings Inc. Provides Overview of Nevada Exploration

June 11, 2009 Filed Under: Oil and Gas  
Nevada Gold Holdings Inc. Provides Overview of Nevada Exploration

Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to provide an overview of the current state of gold exploration in Nevada. Nevada is a world-famous, mining-friendly state and the leading gold-producing state in the United States. According to the January 2008 U.S. Geological Survey, in 2007, approximately... 

Golden Chalice Resources Discovers New W3 Target Area at Langmuir

May 28, 2009 Filed Under: Nickel Mining  
Golden Chalice Resources Discovers New W3 Target Area at Langmuir

Golden Chalice Resources announce the discovery of new nickel mineralization approximately 500 meters east of the Langmuir Nickel Discovery Zone at its Langmuir Property, 35 km southeast of Timmins, Ont. Hole GCL09-11, the last hole of the 2009 winter drilling program, returned elevated nickel mineralization grading up to 0.34% nickel over a 2.4-meter drilled width from 372.50 to 374.90 meters, which... 

Asia Now Continues Drilling at Beiya and Habo

May 20, 2009 Filed Under: Precious Metal  
Asia Now Continues Drilling at Beiya and Habo

Asia Now Resources Corp. a mineral exploration company active in China since 2002 announce that the Company continues drilling and tunneling its main mineralization zones at Beiya and Habo in Yunnan Province of China. Drilling at Beiya focuses on the northeast section of the 13km-long by 2km-wide gold zone that includes the adjacent Beiya Gold Mine with production capacity of up to 100,000 ounces of...