Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

Tag: unicredit mining, banks the finance mining, northland mining, banks financing iron ore mine

Mechel Announces Signing a Coking Coal Supply Contract

Mechel OAO, one of the leading Russian mining and metals companies, announces that its Mechel Trading AG subsidiary has signed a long-term coking coal supply contract with South Korean Hyundai Steel. In February 2009, visiting South Korea as a member of the Russian delegation headed by the Russian Federation Deputy Prime Minister Igor Sechin, Mechel OAO Chief Executive Officer Igor Zyuzin signed the... 

Tag: long term supply contract coking coal, mechel coking coal mines, mechel 5 year contract, igor zyuzin, coking coal supplied by mechel

Great Panther Develops Gold Rich Vein at Topia Mine

GREAT PANTHER RESOURCES LIMITED announce that continuing development along the Recompensa vein, at the Topia Mine, Durango, Mexico, is yielding exceptionally high gold grades in addition to silver, lead and zinc. The Recompensa Mine was one of many of the Topia mines that were reopened in January under new mining contracts. It contributed to the successful first quarter at Topia when record highs were... 

Tag: in mining a rich vein of precious ore, rich vein of precious ore, rich vein of precious metal, rich vein precious, rich vein precious ore

Wits Gold increases indicated mineral resources in the Southern Free State

Wits Gold announce the completion of an independent review of the mineral resources in the company’s De Bron project, situated immediately south of Harmony Gold Mine in the Free State Goldfield. This review was undertaken on 30th April 2009 by Snowden Mining Industry Consultants (‘Snowden’) following the completion of Wits Gold’s recent drilling programme in the area. Using... 

High Probability of Potash-Bearing Beds Underlying the Eyehill Creek Property

Canasia Industries Corporation has engaged Boyd PetroSearch of Calgary, Alberta for the analysis of the pre-existing seismic data on lands presently within the Eyehill Creek Property. Boyd PetroSearch is a national leader in seismic analysis, specializing in mapping potash zones for risk analysis and mine planning. The interpretation of the data is expected to be completed in the Second Quarter of... 

Tag: ethiopias potash and its future, jocelyn klarenbach, canasia eyehill creek, bearing beds, sask potash royalty structure

Eagle Plains and Prize Mining to Produce Gold at Yellowjacket

Eagle Plains Resources Ltd. jointly announce that the companies have executed a formal agreement whereby the two parties will form a joint-venture to immediately facilitate the production of gold and conduct further exploration and development of the Yellowjacket Zone on the Atlin Gold Property, located 9 kilometers east of Atlin, in north-western British Columbia. Under terms of the agreement, Eagle... 

Arehada Updates on Operations and Related Party Loan

Arehada Mining Limited wishes to update on the operations of its wholly owned Chinese operating subsidiary, Arehada Mining Corporation . Currently, all personnel have returned to work and Arehada China is in the process of pumping water out of the mining wells. Arehada China expects to start mining and processing ore by the end of March 2009 and to produce products in April of 2009. Arehada China plans... 

Samarco Mineracao S.A. Implements Meridium for Asset Performance Management Solution

Meridium Inc., the global leader in asset performance management software and consulting solutions, announced that Samarco Mineracao S.A has implemented Meridium software to ensure the stability of its operations and industrial processes with practices that reconcile the best possible availability, with a guarantee of high reliability. Founded in 1977, Samarco is a pioneer in the processing of low-grade... 

Tag: transocean arctic solutions, transocean rigs for refurbishment

Resource Estimate Confirms Pebble As One of the World’s Most Important Copper-Gold-Molybdenum Deposits

Northern Dynasty Minerals Ltd. announces an updated mineral resource estimate for the Pebble deposit at the Pebble Limited Partnership’s project site in southwest Alaska. Drilling during 2008 has substantiated the volume, grade and continuity of mineralization in the Pebble East area, leading to an overall estimate based on a database of results from 476 holes across the Pebble deposit. The deposit... 

Tag: world s most important mineral locations

Roxmark files Technical Report updating resources at Northern Empire Gold Mine

Roxmark Mines Limited announced that the Technical Qualifying Report for the Northern Empire Gold Mine, in accordance with NI 43-101 regulations and dated November 2008, has been filed on SEDAR and is available at the Company’s website. The updated report was prepared by Peter Bevan, P. Eng., consulting geologist and a qualified person under NI 43-101. The Report includes a renewed assessment...