Nuinsco Acquires Gold Project in Lake of the Woods Region
Nuinsco Resources Limited announced it has optioned a claim package, collectively referred to as the Olympian Project, that hosts numerous previously identified gold occurrences. The project area lies 5 km northeast along strike from the Kenora region’s most significant past producer, the Wendigo Mine. “Adding the Olympian Project to our portfolio allows Nuinsco to draw upon its considerable...
Goldcorp Has the Right to Match Competing Proposal to Acquire Canplats Resources
Goldcorp Inc. announced that it has received a notice from Canplats Resources Corporation that Minera Penmont S. de R.L. de C.V. (“Penmont”) has made a proposal to acquire all of the issued and outstanding shares of Canplats (the “Penmont Proposal”) for cash consideration of $4.20 per share plus shares of a newly-formed company which will hold Canplats’ exploration properties...
Silver Shield Further Increases Exposure to Gold in West Timmins Area
Silver Shield Resources announce that it has signed a Letter of Intent, to enter into an Option and Joint Venture located in what continues to be Canada’s hottest Gold exploration play, the West Timmins Area. The Company and a private company, Mhakari Gold, will each acquire 50% of four groups of strategically located mining claims, totalling 17 mining claim units, from an individual, and carry...
Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government
ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia. Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State....
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...
Uruguay Mineral Exploration Inc.: Reschedule of Definitive Agreement with Fortune Valley
Uruguay Mineral Exploration Inc., a South American gold production and exploration company, announced today that the signature with Fortune Valley Resources Inc. (“Fortune Valley”) of the definitive agreement to combine their respective businesses has been rescheduled for November 6, 2009, extending the deadline from October 30. Due diligence is still being undertaken by both parties and...
USA Uranium Explores Comstock Royalty Plan and Pursues Additional Gold Properties
USA Uranium Corp. CEO Ken Berscht announce, “Our recent trip to visit the Comstock Lode in Nevada opens new areas of focus for USA Uranium as we expand our former gold producer and the Net Smelter Royalty (NSR) royalty acquisition model with strategic and early stage gold development projects which fit our business model of exploration and royalty development projects. The Comstock Lode Mining...
Fortune Minerals engages BNP Paribas to arrange NICO Project debt facility
Fortune Minerals Limited announce that it has retained BNP Paribas to provide advice and financial services in connection with the arrangement of a US$ 200-250 million debt facility to finance the construction, start-up and operation of the Company’s NICO Gold-Cobalt-Bismuth-Copper development in the Northwest Territories. Based in Paris, France, BNP Paribas is a world class financial institution...
Fleming Gulf’s Global Mining Technology Forum 1st -2nd March 2010, Dubai -UAE
There is a real need of a highly modified technology for the mining industry today. Being an informational economy, we recognize the increasing availability of information given to us through various resources. On the other hand, we now have tools to enable us to garner great value from that information quite readily. New information products can better inform decision processes. As businesses are...
Lake Shore Gold Reports Extension to High Grade Mineralization at Bell Creek, Including 12.67 gpt Gold Over 14.40 Metres
Lake Shore Gold Corp. announced encouraging results from 25 new holes, 6 wedge holes and one hole extension (12,085 m) at the Company’s 100% owned Bell Creek property. The most significant results being reported are from Hole BC-09-53, which intersected 12.67 gpt Au over 14.40 m, including higher grade zones of 16.73 gpt Au over 10.0 m (including 29.90 gpt over 2.0 m and 18.48 gpt over 2 m). BC-09-53...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
