UC Hub Group, Inc. announces the signing of a binding letter of intent agreement to mine the gold and sapphire mine near Helena, Montana in exchange for shared revenue. Formal contracts are being prepared this week by counsel for execution. The Montana mine will produce revenue from gold and sapphires and will allow UC HUB to place the UC HUB Gold Wash Plant on the private property to begin mining...
Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced plans to build a small pipeline to lower production costs. President Mark Daniel Klok stated: “In light of the extraordinarily high fuel costs, management has been evaluating ways to effectively increase profitability with mining and production expected to begin on the Fifa Land Prospecting...
TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company has negotiated an agreement with Autter Augers, an Arizona mining and security contractor, to man and outfit its mining operation at the Lucky Linda claim in Nevada. As a result of the negotiations, Autter Augers will provide equipment and manpower including two dump bucket cats, two 6 yard dump...
Hidalgo Mining International, an innovative mining company headquartered in Port Washington, NY, announced today that despite harsh weather conditions the Company has now completed the setup of its 50 yard per hour processing plant and has begun processing material in order to determine the initial average grade content in the immediate area. Mark Daniel Klok, President of HMIT, stated: “During...
GOLDCORP INC. is pleased to declare its fourth monthly dividend payment for 2008 of $0.015 per share. Shareholders of record at the close of business on Thursday, April 17, 2008 will be entitled to receive payment of this dividend on Friday, April 25, 2008. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005...
Glencairn Gold Corp. announced that it has initiated a CDN$2.5 million exploration program at its Nicaraguan gold properties. The program will focus on the Limon Mine and the Mestiza Project as well as the Libertad Mine, where there has been no exploration since 1998. “We are pleased to be starting the exploration program for all three properties,” said Peter Tagliamonte, Glencairn President...
Peter Hambro Mining plc issues this statement as an unaudited update on 2006 trading and in advance of its full year results announcement. Trading Up-date Highlights for 2006 Ӣ Total attributable gold production increased by 5% to c.261,000 ounces Ӣ Pokrovskiy Rudnik gold production increased by c.11% Ӣ Gold recovery rates remained stable, even when treating primary ores, thanks...
Meetings begin Thursday for people interested in investing in Charleston’s Diamond Ethanol plant, announced Green Lion Bio-Fuels, the bio-fuels developer. Green Lion also has ethanol plants under way in Streator (Emerald Ethanol) and Beardstown (Prairie Breeze Ethanol). The meetings will offer interested farmers, landlords and off-farm investors an opportunity to buy shares in the Diamond Ethanol...
Goldcorp Inc. and Glamis Gold Ltd. announced today that they have agreed to combine in a US$21.3 billion transaction to create one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc. Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis’ common shareholders will exchange each Glamis share for 1.69 common...
Microsoft is pouring concrete in a bean field on the west end of town. Yahoo is digging up a field of alfalfa out on the east end. Google, which declines to comment, is said to be sniffing around for its own field of dreams here in the semi-desert outback of eastern Washington. This small farm town, population 5,300, has become the Klondike of the wildly competitive Internet era. The gold in Quincy...