Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

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USA Uranium Joint Ventures Gold Property with Mariposa Resources

USA Uranium announce that it is has negotiated the acquisition of an option on a 100% interest in the Jack Creek property. Concurrently, USA Uranium has entered into a joint venture with Mariposa Resources Ltd. whereby Mariposa will acquire a 60% interest in the property upon payment of 6,000,000 shares and completion of a $400,000 Phase One work program. The property vendor has retained a 3% Net Smelter... 

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Golden Harp Resources appoints Mr. Alec Peck as Chief Financial Officer

Golden Harp Resources Inc. (TSXV:GHR) today announced the appointment of Mr. Alec Peck to the position of Chief Financial Officer (CFO) effective immediately. Mr. Peck completed his Chartered Accountant requirements with Deloitte & Touche Chartered Accountants in Vancouver. He then practiced in Alberta prior to moving to Toronto. From 1986 until 1993, he was a partner with member offices of the... 

RSC Equipment Rental to Showcase New Integrated Services Group at MINExpo

RSC Equipment Rental, one of the largest equipment rental providers in North America, announced that it will host a case study to spotlight a leading international mining company and exhibit at MINExpo International 2008 September 22-24 in Las Vegas. Both events will showcase RSC’s people, services and equipment while highlighting innovative programs that set RSC apart from the competition. The case... 

Minco Silver Commenced Drilling on Fuwan Silver Belt

Minco Silver Corporation announce that it has initiated a 10,000 metre drill program on top showings along the Fuwan Silver Belt. Geosan, LLC, of Ulaanbatar, Mongolia, recently completed a detailed ground magnetic survey covering approximately 155 line kilometres as well as 21 line kilometres of dipole-dipole induced polarization survey. Combined with previous geochemical surveys consisting of 50,000... 

Sacre-Coeur Minerals, Ltd. Closes $3.625 Million Private Placement

SACRE-COEUR MINERALS, LTD. is pleased to announce the closing of its previously announced non-brokered private placement which has now raised gross proceeds of CAD $3,625,000. Under the terms of the private placement, the Company has issued 2,500,000 Units (the “Units”) at CAD $1.45 per Unit to two institutional investors, including RAB Special Situations (Master) Fund Limited. The transaction... 

Majescor Outlines Two Significant Uranium-Bearing Outcrop Zones Within 30 km-Long Prospective Corridor at South Rae, Nunavik, Quebec

Majescor Resources Inc. is pleased to report that detailed ground radiometric surveying within the 30 km-long prospective corridor identified in 2007 on the South Rae property, under option from Azimut Exploration Inc. (“Azimut”) (CDNX:AZM.V), has outlined two uranium-bearing outcropping zones greater than 4 km long by up to 400 m wide. At the Qairajutait Zone, located at the north end... 

Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering

Rio Tinto announced today that its wholly owned subsidiary, Cloud Peak Energy Inc., has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC) in connection with Cloud Peak Energy’s proposed initial public offering (IPO) of its common stock. Cloud Peak Energy, comprised of most of the North American coal assets of Rio Tinto Energy America, is the... 

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James Bay Resources Closes $9.3 Million IPO Financing and Commences Trading on the TSX Venture Exchange

James Bay Resources Limited announced the successful closing of its IPO financing on July 24, 2008 and the listing today of its common stock on the TSX Venture Exchange under the symbol “JBR”. James Bay has accumulated 95 royalty-free, 100-percent owned claims totaling 19,700 hectares in the James Bay Lowlands of Northern Ontario (the “Property”) near significant discoveries... 

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Maaden launches biggest mining IPO

State-owned Saudi Arabian Mining Company (Maaden) yesterday launched an initial public offering to raise 9.25 billion riyals ($2.47bn) in the Middle East’s biggest mining IPO, valuing the firm at $4.9bn. Maaden plans to sell 462.5 million of stock – equivalent to 50 per cent of its share capital – at 20 riyals each with subscriptions closing on July 14, according to the bourse regulator,... 

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