Canadian Mining reports completion of the 3D IP Survey conducted by SJ Geophysics on the Company’s San Bernardo Project, Sonora, Mexico. The survey was conducted over the past producer El Gochico Mine which was operated by Penoles during the 1980s.
The Company would like to take this opportunity to thank project management Minerock Group, Civil Engineer [...]
Marathon Oil Corporation announced that its Board of Directors has sanctioned two Gulf of Mexico development projects, Droshky and Ozona. The Board approved a total project cost of $1.3 billion for the Droshky development and $300 million for the Ozona development.
“As we continue to strengthen Marathon’s Gulf of Mexico portfolio, the Droshky development will add [...]
Selwyn Resources Ltd. updates shareholders on its 2008 exploration activities. The 2008 drilling program is now complete with 3,857 metres drilled in 13 drill holes. The discovery of high-grade mineralization in the XY West Zone and success in the deep drilling in the Don East deposit are the highlights of the program. The later has [...]
Ireland Inc., a mineral exploration and development company focused on the extraction of precious and base metals from mineral deposits in the Southwestern United States, today announced that the pilot plant located at its Columbus Project, near Tonopah Nevada, has commenced operations. Operating the pilot plant forms part of Ireland’s pre-feasibility program to determine the [...]
BacTech Mining Corporation has applied for $10 million in government funding to build a pilot bioleach plant in the Cobalt area of Northern Ontario to neutralize the arsenic-laden tailings dumped there in the early 1900s. High grade silver was discovered in the Cobalt area in 1903, which led to a Klondike-like rush. Between 1903 and [...]
Liberty Star Uranium & Metals Corp. announces that it has signed an agreement to sell its option land at the Providence Project to NPX Metals Inc (“NPX”). The option land, adjacent to land already held by NPX, is believed to host commercially relevant quantities of disseminated gold and silver in Nevada’s historic Beatty Mining District.
The [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces that its Yakutugol OAO coal mining subsidiary has entered into a contract to acquire mining equipment for developing the Phase 1 pit to begin development of the Elga coal deposit.
The machinery manufactured by Komatsu was provided by Mining Solutions OOO, which specializes in [...]
The latest shipment of gold concentrates to Metals Research, the offsite facility has resulted in the production of 257 ounces of dore’. This current shipment of dore’ and the previous shipment that resulted in the production of 149.01 ounces dore’ are currently stored at the processing facility for safe storage. Upon the accumulation of at [...]
Sterling Mining Company’s board of directors has submitted a written request to the Toronto Stock Exchange to voluntarily delist its common shares from TSX.
After careful consideration of the Company’s business needs, Sterling’s board of directors has unanimously decided to voluntarily delist its shares from the TSX. Sterling Mining Company’s Common shares (Toronto:SMQ.TO) will be delisted [...]
USCorp announced the addition of ten 20-acre lode mining claims at its Twin Peaks Project in Yavapai County, Arizona. USCorp’s Twin Peaks project now consists of 151 lode claims on 3,020 acres.
These 10 additional claims have filled in the “holes” in the otherwise contiguous Twin Peaks claims group in the northeast Crosby section and added [...]
