Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property

Franconia Minerals Corporation announces that it has reached an agreement with the South Kawishiwi Association LLC, a group of nearby cabin owners who are exchanging surface lands with the US Forest Service for surface rights over a portion of Franconia’s Maturi mineral deposit. Under the terms of the agreement, Franconia reinforces its right to access the Maturi Cu-Ni-PGM deposit – via... 

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Lundin Mining Enters Into Agreement for the Sale of Ozernoe Project

Lundin Mining Corporation a diversified base metals mining company with operations in Portugal, Spain, and Sweden, producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes expansion projects at its Zinkgruvan and Neves-Corvo mines along with its equity stake in the world class Tenke Fungurume copper/cobalt project in the Democratic Republic... 

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Terrane Metals Corp.: Mt. Milligan Receives Mines Act Permit From British Columbia Government

Robert Pease, President and CEO of Terrane Metals Corp. announce that the Company has received a Mines Act Permit from the Province of British Columbia for its Mt. Milligan Copper-Gold Project. Receipt of the Permit followed a comprehensive and detailed review led by the Mining and Minerals Division of the BC Ministry of Energy, Mines and Petroleum Resources. Robert Pease, President and CEO of Terrane,... 

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Geo Minerals Acquires Two Additional Copper Porphyry Prospects in Arizona

GEO MINERALS LTD. announce that it has executed a lease-option agreement with Bronco Creek Exploration Inc. (“BCE”) to earn a 100% interest on the Copper Springs and Silver Bell West porphyry copper projects, both located in south-central Arizona. The Copper Springs property, located approximately 90 miles east of Phoenix, consists of 216 mining claims and 640 acres of fee land for a total... 

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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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Nord Resources Issues Progress Report on Johnson Camp Mine

Nord Resources Corporation, which is ramping up copper mining and processing operations at its Johnson Camp Mine in Arizona, today issued a progress report on its success at increasing production to the targeted production rate of 25 million pounds of copper per year. Nord Resources focused during 2008 on executing its plan to reactivate the Johnson Camp Mine, while it continued to extract copper by... 

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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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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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Santa Fe Gold Options Pilar Gold Exploration Property, Sonora, Mexico

Santa Fe Gold Corp, a U.S. based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced that its Mexican subsidiary, Minera Sandia S.A. de C.V., had entered into a purchase option contract on the Pilar Gold Property consisting of two mineral exploitation concessions located 165 kilometers east-southeast of Hermosillo, Sonora State, Mexico. The company... 

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