Global Crossing, a leading global IP solutions provider, today announced that Minera Chinalco Peru, a subsidiary of the Aluminum Corporation of China (Chinalco) — a multinational polymetallic mining company — has acquired an extensive portfolio of technology and telecommunications solutions for the development of its copper megaproject Toromocho.
Minera Chinalco Peru is developing one of the [...]

Wits Basin Precious Minerals Inc. announced today that London Mining Plc and Wits Basin have entered into definitive terms for the formation and operation of a 50/50 joint venture company which will own all the issued shares in China Global Mining Resources Ltd. (“CGMR”). CGMR, currently a wholly-owned subsidiary of Wits Basin, holds the rights [...]

International Beryllium Corporation announce that Mr. Denis Brady has been appointed as a non-executive director of International Beryllium Corporation. Mr. Brady brings manufacturing operating experience to the board as the Company expands its production capacity and, as someone with recognized financial expertise, will chair the audit committee.
Until its recent acquisition by IB, Mr. Brady was [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today that it has finalized and signed a contract with North Bay Resources Inc. to engage in a joint-venture for the development of North Bay’s Silver Leaf Property.
With the signing of the Agreement, Hidalgo now has a 50% undivided interest in the [...]

TRI-STAR HOLDINGS, INC. announced the company has executed purchase agreements for metals recovery and processing equipment for its COS #1, 2 and Wickenburg mines in Arizona. The company negotiated the purchase to acquire several necessary pieces of equipment to be installed and operated on location by Azrock Mining. This equipment is valued at over $200,000.00 [...]

AVEVA, the leading supplier of engineering IT systems for the plant and marine industries, today announced further expansion into Latin America with the opening of AVEVA do Brasil in Rio de Janeiro. This office, the latest in AVEVA’s expanding global platform, will provide premium product solutions and support for its growing customer base in Brazil, [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., addresses production and status of expansion plans.
Mark Daniel Klok, President of HMIT, stated: “The Company anticipates production to start in January of this year and we look forward to generating a substantial amount of gold while operating the Fifa project. Regardless of unforeseen [...]

Out-of-state bidders from as far away as Russia, Saudi Arabia and Canada purchased US$23 million of equipment from the US$24 million unreserved public auction conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA - News News) in Las Vegas, Nevada last week. More than 1,100 heavy equipment items and trucks were sold in the November [...]

U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced plans to build a small pipeline to lower production costs.
President Mark Daniel Klok stated: “In light of the extraordinarily high fuel costs, management has been evaluating ways to effectively increase profitability with mining and production expected to begin on the Fifa Land [...]