American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

March 11, 2010 Filed Under: Mining Investment, Precious Metal  
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 into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

March 3, 2010 Filed Under: Diamond Mining  
Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing the feasibility study for Debswana earlier in 2009, Fluor was awarded the procurement and construction... 

Northland Appoints Banks for Project Financing

March 1, 2010 Filed Under: Iron Ore Mining, Mining Investment  
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,... 

Great Western Minerals Group Retains Investor Relations Firm

January 27, 2010 Filed Under: Mining Investment, Mining Stocks  
Great Western Minerals Group Retains Investor Relations Firm

Great Western Minerals Group Ltd. announced today that it has entered into an investor relations agreement with Stone Communication Services Limited (“SCS”) of Toronto, Ontario (the “Agreement”). SCS specializes in the execution of tailored, strategic communication programmes for emerging companies and will introduce GWMG to Stone Communications’ network of brokers, analysts... 

Exploration for Rubies, Gold and Marble in Cambodia

December 8, 2009 Filed Under: Mining Investment, Mining Services, Precious Metal  
Exploration for Rubies, Gold and Marble in Cambodia

Terra Energy & Resource Technologies, Inc., a natural resource exploration services technology company, announces that the Company completed two projects for gold, rubies and marble exploration in Cambodia utilizing its innovative proprietary technology STeP®. Both service contracts were awarded to Terra by The Millennium International Group, LLC, which has subsequently requested the Company... 

J-Pacific Receives British Columbia Mining Exploration Tax Credit Refund

November 6, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks  
J-Pacific Receives British Columbia Mining Exploration Tax Credit Refund

J-Pacific Gold Inc. announced today it has received Mining Exploration Tax Credit refunds totalling $634,323 from the Government of British Columbia, for exploration work conducted from 2006 to 2008 at the Company’s Blackdome Gold Mine and Elizabeth Gold Property. Over the past two months, J-Pacific has added $1,812,104 to its working capital from the B.C. and Quebec mineral exploration tax credit... 

Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

November 3, 2009 Filed Under: Mining Equipment  
Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it has released Gemcom MineSched™ 6.1, the latest version of its next generation scheduling software for surface and underground mines of all sizes and types, improving productivity and profits beyond what could be achieved by manual scheduling. MineSched incorporates... 

Uruguay Mineral Exploration Inc.: Reschedule of Definitive Agreement with Fortune Valley

November 2, 2009 Filed Under: Precious Metal  
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... 

Fortune Minerals engages BNP Paribas to arrange NICO Project debt facility

October 21, 2009 Filed Under: Mining Investment, Mining Stocks, Nickel 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... 

Petro America Backs Shares With Gold Mine Interest

October 13, 2009 Filed Under: Mining Stocks, Precious Metal  
Petro America Backs Shares With Gold Mine Interest

Petro America Corp (PTRZ) announced that it will adopt a gold standard from its Gold Mine acquisition interest to create greater share value for its shares. With the consistently high prices of Gold, this is an excellent way to hedge and maintain share value. The company is preparing to file the necessary financial information with the SEC, and is excited about its gold mine acquisition interest and...