Panamanian Government Authorizes Commercial Production at Molejon

Petaquilla Minerals Ltd. an emerging gold producer commissioning the operation of its gold processing plant at its 100% owned Molejon Gold Project announce that the Government of the Republic of Panama has granted approval for Petaquilla’s Molejon gold mine to advance to the commercial production stage. In accordance with Contract Law No. 9 of February 26, 1997, the Ministry of Commerce and Industry... 

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Cliffs Natural Resources to Exercise Right of First Refusal and Acquire Partners’ 73.2% Interest in Wabush Mines

Cliffs Natural Resources Inc. announced that it plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture. On Oct. 9, Consolidated Thompson Iron Mines Ltd. announced an agreement with Wabush Mines’ other two joint venture partners, U.S. Steel Canada (44.6%) and ArcelorMittal Dofasco... 

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Santa Fe Gold Proceeding with Construction of Summit Silver-Gold Project

Santa Fe Gold Corporation announced that the New Mexico Office of the State Engineer has issued a permit required to proceed with construction of the tailings dam impoundment at the Banner Mill located near Lordsburg, New Mexico. The company expects to complete construction of the tailings impoundment during the current quarter and to begin processing operations shortly thereafter. “With this important... 

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Alix Acquires Two Claim Groups in Stewart BC Adjoining Canasia and in Vicinity of Decade Resources

ALIX RESOURCES CORP. announce it has entered into an agreement with Blair Naughty dated Sept. 23, 2009, whereby the vendor has granted Alix an option to acquire a 100-per-cent interest in seven claim blocks comprising a total of approximately 2800 hectares located in the Stewart mining camp. Six claims are in the vicinity of the new Montrose gold discovery announced by Decade Resources Ltd. on its... 

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Yellowjacket Mine Achieves Full Commercial Production, New Gold Zone Discovered

Yellowjacket Joint Venture (“Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V)”) jointly announce completion of final commissioning and permit compliance requirements to allow for commencement of full production at their Yellowjacket Gold Mine, located in northwestern British Columbia. On July 10, 2009, the Yellowjacket Gold Mine received its BC Mines Act Permit for the... 

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Trueclaim Completes Assignment of Option to Acquire Up to a 100% Interest in the Scadding Gold Property

Trueclaim Exploration Inc. announce that it has completed the assignment (the “Assignment”) of an option and joint venture agreement between MPE International Inc. (“MPE”) and Currie Rose Resources Inc., pursuant to which the Company can acquire up to a 100% interest in certain provincial mining leases and mineral claims located in the district of Sudbury in the Province of... 

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Caterpillar Moves Forward with New Large Mining Trucks

Caterpillar is moving rapidly forward with the new large mining trucks showcased at MINExpo last year and representing the company’s largest investment ever in new mining technology. The Cat® 793F and 797F mechanical drive trucks and the 795F AC electric drive truck are all achieving milestones. The 793F and the 797F have accumulated more than 75, 000 hours of field testing and have proven their... 

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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... 

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Baja Achieves Key Milestone in Development of Manganese Metal Production at Boleo

Baja Mining Corp. announces that a key milestone has been achieved towards manganese metal production at its Boleo project in Baja, Mexico. Staff at the University of British Columbia’s Hydrometallurgy Research Laboratory have successfully demonstrated that manganese metal can be manufactured from Boleo manganese carbonate using conventional hydrometallurgical processing steps. A sample of manganese... 

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Omega Commercial Finance Signs Definitive Agreement to Acquire Peruvian Gold Mine

Omega Commercial Finance Corporation announce that it has signed a Definitive Agreement to acquire from Ruby Trust Mining Company SAC (RTM), a mining operation located in the mountain village of Cusco, Peru. As previously announced, Omega is currently looking to diversify its interests with the gold commodities market by finding undervalued and underdeveloped mines with proven and probable reserves.... 

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