Golden Band Resources Inc. (GBN: TSXV) reports that it has signed a Memorandum of Understanding (MoU) with the Bureau of Geology and Mineral Exploration of Anhui Province, Peoples Republic of China (Anhui Geology). Contemplated under the MoU are exploration-stage gold projects that Anhui Geology may elect to participate in under business relationships that would be [...]
Newport Gold Inc. announce that the Company has been informed by its consulting geologist, Daniel Huang, that two diamond drill holes on the TJYZ property were completed on October 28th, 2008. The first hole was spotted 7m south of the central part of the open pit and drilled to a depth of 129 m. The [...]
Galway Resources Ltd. announce that it has entered into an option agreement with Rio Tinto Mining and Exploration Corporation (Rio Tinto) to acquire 100% interest in nine coal concessions totaling 7,500 hectares, roughly 50% of the previously drilled San Louis Coal basin located in Santander, Colombia. The project will be known as Carboluis.
“We are pleased [...]
Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the [...]
GobiMin Inc. announced that it will start a strategic review on the development of Yellow Mountain nickel/ copper project due to the recent dramatic decline of nickel and copper price. At this time, it is uncertain how long metal price will remain depressed therefore the Company believes that it is a prudent course of action [...]
Happy Creek Minerals Ltd. wishes to provide a general update on the Company’s status. Happy Creek Minerals was designed from the beginning to minimize investment risk and maximize return potential.
The Company currently has $1.90 million of cash in the bank, and is taking steps to minimize overhead expenditures while continuing to perform low-cost exploration on [...]
To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development.
“We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar [...]
Dumas Contracting Ltd, one of Canada’s largest underground mining contractors, and Pala Investments Holdings Limited, an international investment company focused on the mining sector, announced today that they have reached an agreement whereby Pala will acquire a controlling interest in Dumas. Daniel Dumas will remain a significant shareholder, and President and CEO of the company.
Commenting [...]
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 [...]
Magnus International Resources, Inc. announce that all of the conditions for the completion of the sale of its Huidong project to a Chinese mining group have now been met. The exploration license underlying the property has been renewed by the relevant Chinese authorities and 100% of the ownership interest in the company that possesses the [...]
