Apex Silver Mines Limited reported that the Joint Plan of Reorganization filed by the Company and its wholly owned subsidiary, Apex Silver Mines Corporation became effective on March 24, 2009 and that the Company and ASMC have emerged from Chapter 11 proceedings. Under the Plan, Golden Minerals Company, a newly-formed Delaware corporation, is the successor to the Company’s assets. The Company’s...
President Evo Morales said Thursday he would nationalize a mineral processing plant owned by the Swiss mining company Glencore International AG, the first step of his plan to take control over a larger share of Bolivia’s mineral wealth. Morales did not state the terms under which his government would take over the Vinto plant on the outskirts of the city of Oruro, 110 miles southeast of La Paz. But...
Crew Gold Corporation (“Crew” or the “Company”) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF). Crew is pleased to announce it has signed an option agreement with Plethora Mining Corporation of the Philippines to earn into the Tandic Gold Project in San Mariano Municipality, Compostela Valley Province in southeastern Mindanao, the Philippines. Under the terms of the...