Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

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Great Panther Signs New Sales Contracts for Topia Concentrates

GREAT PANTHER RESOURCES LIMITED announce it has signed contracts with Louis Dreyfus Commodities Metals Suisse SA (LDC), part of one of the world’s largest commodities trading companies, for the sale of lead and zinc concentrates from the Company’s wholly owned Topia silver-lead-zinc mine in Durango State, Mexico. The contracts are effective through to December 31, 2010 and will enable Great... 

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Breakwater Sells Interest in Coulon JV Property to Virginia

Breakwater Resources Ltd. has entered into an agreement to sell its interest in the Coulon JV Property to Virginia Mines Inc. The Coulon JV Property, which the Company owns 50% of through a joint venture agreement with Virginia, is located in the James Bay region of Quebec. Virginia will purchase the interest by issuing 1,666,666 common shares of Virginia. Virginia has undertaken to secure, at closing,... 

Sherwood Raises US$37.5 Million From Minto Precious Metal Production

Sherwood Copper Corporation announced that it and its wholly owned subsidiaries, Minto Explorations Ltd. and Kutcho Copper Corp., have entered into a letter of intent with Silverstone Resources Corp. whereby Silverstone will purchase, subject to certain terms and conditions, all of the payable gold and silver from the Minto Mine in the Yukon, over the life of the mine starting December 1, 2008. Silverstone... 

Sherwood Sets Shareholder Meeting Date for Capstone Combination

Sherwood Copper Corporation announced that it has set November 14, 2008 as the date for a special meeting of its shareholders to vote in respect of the business combination with Capstone Mining Corp., details of which were announced on September 8, 2008. Since the date of the announcement, Sherwood’s management has had discussions with the majority of its shareholders, who have indicated that... 

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Virgin Metals Files Technical Reports on Los Verdes and Cuatro Hermanos

Virgin Metals Inc. has filed technical reports on SEDAR on both of its 100% owned molybdenum/copper projects in northern Mexico, Los Verdes and Cuatro Hermanos. The Los Verdes report, entitled Pre Feasibility Study, Los Verdes Project reveals a project that demonstrates robust economics at metal prices well below current prices. The reserve demonstrated in the study of 7.05 million tonnes at grades... 

Breakwater Exercises Its 20% Property Conversion Option on Caribou

Breakwater Resources Ltd. Effective today, Breakwater exercised its right pursuant to the terms of the Unsecured Subordinated Convertible Debenture issued by Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) dated August 1, 2006 to convert the Debenture in exchange for a twenty percent (20%) interest in the mineral properties and mine facilities which comprise the Caribou and Restigouche mines... 

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Xstrata Copper Announces C$121 Million Investment to Extend Kidd Mine

Xstrata Copper announces investment of C$121 million to deepen and extend the life of the underground Kidd Mine located in the Timmins area of Northern Ontario, Canada. Already the world’s deepest copper and zinc mine, the latest project will extend the mining zone at Mine D from 9,100 feet to 9,500 feet, improving the production profile from the mine through the addition of 3.4 million tonnes... 

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Iron Ore Company of Canada Selects Rajant Corporation for Mine Wide Wireless Communications

Rajant Corporation, a leading provider of portable, reliable, and adaptable wireless networking solutions, announced today that it has been selected by the Iron Ore Company of Canada (IOC), to supply the primary communications platform for mining operations at the IOC mine located in Labrador City, Labrador, Canada. The mine-wide Rajant BreadCrumb® wireless mesh network will enable IOC to run multiple... 

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Freeport-McMoRan Copper & Gold and Phelps Dodge Set Special Meeting Date of March 14, 2007 for Shareholder Votes on Merger Agreement

Freeport-McMoRan Copper & Gold Inc. and Phelps Dodge Corp. announced each company will hold a special meeting of its stockholders on March 14, 2007, to vote on the proposed acquisition of Phelps Dodge by FCX. Stockholders who hold shares of FCX and Phelps Dodge common stock at the close of business on February 12, 2007, the record date of each special meeting, will be entitled to vote on the...