Gentor Resources Inc. closes acquisition of APM Mining Limited

March 9, 2010 Filed Under: Mining Investment, Mining Stocks  
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... 

Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

August 28, 2009 Filed Under: Copper Mining, Lithium Mining, Mining Investment, Precious Metal  
Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

Dana Resources, a US-based precious metals exploration and development company, is pleased to announce it is meeting with joint venture candidates about Dana Resources’ base metals projects. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. Dana Resources owns two advanced staged base metal projects, Las Horquetas and Turmalina.... 

Dana Resources Technical Update on Collota 1.17 Million Ounce Gold Deposit

August 26, 2009 Filed Under: Precious Metal  
Dana Resources Technical Update on Collota 1.17 Million Ounce Gold Deposit

Dana Resources a US-based precious metals exploration and development company, is pleased to announce the initiation of the production program at its Collota gold deposit. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota Gold Deposit is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera... 

Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction

March 21, 2009 Filed Under: Mining Equipment  
Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction

Ritchie Bros. is conducting the Company’s first public unreserved auction in Bakersfield, California in 16 years on March 27, 2009 starting at 8:00 a.m. The last multi-million dollar unreserved auction Ritchie Bros. held in Bakersfield was in 1993 when the Company sold over 450 items to more than 500 bidders. The upcoming unreserved auction on March 27th will provide local and international bidders... 

Sierra Gold Corporation Announces Property Acquisition in Region Known for Coloured Diamonds and Gold

November 12, 2008 Filed Under: Diamond Mining, Precious Metal  

Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the original source of the gold vein. The property is now being cleared... 

Sierra Gold Corporation Announces Discovery of Diamonds On Sewa River From Dredge Operation

October 21, 2008 Filed Under: Diamond Mining, Precious Metal  

Sierra Gold Corporation announced discovery of diamonds on the Sewa River with the 8“ dredge purchased from a South African company. The dredging operation produced over 10 carats of diamonds valued at US$110 per carat from its initial test run. Gold has also been collected and its values are presently being assessed. This equipment has the capability to process up to 50 tons per hour. Sierra... 

Gold Reserve Announces Sale of Certain Equipment

October 11, 2008 Filed Under: Copper Mining, Mining Equipment, Precious Metal  

Gold Reserve Inc. announced it has agreed to sell one SAG mill, two ball mills (35,000 tonne per day through-put) and related motors currently being manufactured for the Company’s Brisas Project. The total value of this transaction is approximately $43 million. The Company will recover approximately $18 million of progress payments and the purchaser will assume the Company’s remaining payment obligations... 

Rocmec Receives its New Generation Thermal Fragmentation Unit

September 27, 2008 Filed Under: Mining Equipment, Mining Stocks, Precious Metal  

Rocmec Mining inc. announce that it has received its new generation thermal fragmentation unit from Pro-Ab Equipments (2003) Inc., an official Kubota distributor, located in Val d’Or, Quebec. This first new generation thermal fragmentation unit was designed and built according to Rocmec’s own specifications. Preparations are underway to have it shipped to Nevada as it will be employed at... 

Development Forecast Report for Mining and Mineral Extraction Machinery in Russia 2008-2011

Research and Markets has announced the addition of the “Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011″ report to their offering. This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, gas... 

Tri-Star Holdings, Inc., Formerly Rapid Fitness, Inc., Announces Company Has Signed Purchase Agreement for ERHU Manufacturing Facility

August 21, 2008 Filed Under: Mining Contractors, Precious Metal  

TRI-STAR HOLDINGS, INC., formerly RAPID FITNESS, INC., a publicly traded company currently on the Over the Counter, announced the company has signed a purchase agreement for a new 4000 ft. warehouse facility for the manufacturing of ERHU, Inc. The facility, less than two miles from Tri-Star’s corporate headquarters, also has an additional office unit which the company will lease out. Victor Adams...