Atna Receives Approval for Development of Reward Gold Mine

Atna Resources Ltd. announce that the US Bureau of Land Management has signed the Record of Decision and Finding of No Significant Impact to approve development of the Reward Gold Project located near Beatty, Nevada. “This decision is a major milestone and a positive outcome for the development of Reward. We look forward to breaking ground on the project and have initiated discussions with various... 

Tag: mojave desert gold mining stocks, gold companies and mojave desert project, gold mining stock mojave

Dana Resources Extends Collota Gold Deposit to Exceed 8,000 Acres

Dana Resources announce that it has successfully acquired the Collota One Gold Prospect in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota One Gold Prospect is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera Negra, (Black Range Mountains). It is 45km south of the city of Huarez.... 

Tag: dana gold mines, dana resources gold, collota gold deposit, collota, dana gold mine

Dana Resources Acquires 1.17 Million Ounce Advanced Stage Collota Gold Deposit in Peru

Dana Resources, a US-based precious metals exploration and development company, is pleased to announce that it has successfully acquired the advanced stage Collota Gold Deposit in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota Gold Project is located in Northern Peru in the region of Ancash on the eastern side... 

Tag: dana resources, acquisition deposit gold, collota mining, dana gold peru, deposit pierina

Gilla Acquiring Terra Merchant Resources Corporation

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately... 

Tag: terra marchant, method of bleg and sediment stream sampling for gold exploration

Sherwood Reports Further High Grade Intercepts From Its Kutcho Copper Project

Sherwood Copper Corporation announced the third batch of assay results from its 2008 drill program at the high grade Kutcho Copper Project, located in north-western British Columbia. This program is defining high grade mineralization in the “Main” deposit, one of three massive sulphide deposits identified at Kutcho, which Sherwood controls through its wholly owned subsidiary, Kutcho Copper... 

Sterlite Industries (India) Limited to Purchase Operating Assets of ASARCO LLC for $2.6 billion

Sterlite Industries (India) Limited (“Sterlite”), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC (“Asarco”), a Tucson based mining, smelting and refining company, announced today that they have signed a definitive agreement for the sale to Sterlite of substantially all the operating assets of Asarco for $2.6 billion in cash. The agreement... 

Tag: world copper reserves

Khan Resources Announces Offer for Western Prospector

Khan Resources Inc. announced that it will make an offer to acquire all of the outstanding common shares of Western Prospector Group Ltd. (CDNX:WNP.V – News) in order to consolidate its position in the Saddle Hills district of Mongolia and achieve significant synergies from the joint development of Khan Resources’ Dornod uranium deposit and Western Prospector’s Gurvanbulag uranium... 

Alcan and Ma’aden Sign Heads of Agreement for Proposed US$7 Billion ‘Mine-to-Metal’ Joint Venture

Alcan announced that it has signed a Heads of Agreement with Saudi Arabian mining company Ma’aden to develop a proposed US$7-billion integrated aluminum “mine-to-metal” project including bauxite mining, alumina refining, power generation and aluminum smelting. Alcan would hold a 49-percent stake in the project and would provide technology and operating management support, with Ma’aden... 

Tag: ras az zawr port facilities for power station, maaden aluminium smelter project, steps to signing a joint venture agreement, new project in maaden, ma aden holding

Mining and exploration company acquires Bibiani gold mine

Aim-listed gold-mining and exploration company Central African Gold (CAG) announced its acquisition of the Bibiani gold mine and related assets and liabilities ”“ including a prospecting licence in Ghana from Anglo- Gold Ashanti (AGA) ”“ in December, 2006. The acquisition, which immediately provided the company with production and revenue generation, is part of CAG’s growth strategy,... 

Tag: bibiani gold mines ghana, gold exploration business plan, gold mining and exploration cost, bibiani investec, mining company in bibiani

Scandinavian Minerals Applies for Mining Permit for Kevitsa, Finland Nickel-Copper-PGE Property

Scandinavian Minerals Limited is pleased to announce that it has applied for the mining permit for its 100%-owned Kevitsa nickel-copper-PGE property in Finland. The permit has been submitted to the Finnish Ministry of Trade & Industry, which is the responsible authority for mine permitting in Finland. In the meantime, following the submission of its Environmental Impact Assessment in the summer...