Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., addresses production and status of expansion plans.
Mark Daniel Klok, President of HMIT, stated: “The Company anticipates production to start in January of this year and we look forward to generating a substantial amount of gold while operating the Fifa project. Regardless of unforeseen [...]
Navasota Resources Ltd. is pleased to report that aircore drilling on the Telimele and Gaoual (”AMIG”) permits of its Koba Bauxite Project located in the Boke Bauxite Belt of northwestern Guinea, West Africa, continues to progress well.
As of May 29, 2008, a total of 28,722 metres in 1,630 drill holes have been completed on [...]
U Mining Resources Inc. (Other OTC:UMNG.PK - News) today provided updates on the impending agreement in the Republic of Guinea. Comitrag S.A., the majority-owned subsidiary of U Mining, has been preparing the necessary additional documentation to satisfy the requirements of the Company’s official application for the BOOT Agreement.
When U Mining and Comitrag met with Guinea’s [...]
Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]
BHP Billiton on Friday announced the acquisition of a 33.3% interest in Global Alumina’s Sangaredi Refinery Project in Guinea, West Africa, for a consideration of $140m.
The project comprises the design, construction and operation of a 3Mtpa alumina refinery, 9Mtpa bauxite mine, and associated infrastructure.
A mining concession covering 690km has been secured and a mineral resource [...]
Global Alumina Corporation announced that its board of directors will meet within this week to approve the establishment of a joint venture among an affiliate of BHP Billiton, Dubai Aluminium Company Limited (”DUBAL”), Mubadala Development Company PJSC (”Mubadala”) and the Company to develop and operate the Company’s alumina refinery project in the Republic of Guinea. [...]
Global Alumina Corporation announced that the Company has been informed that the proposed joint venture with an affiliate of BHP Billiton, Dubai Aluminium Company Limited (”DUBAL”) and Mubadala Development Company PJSC (”Mubadala”) to develop and operate the Company’s alumina refinery project in the Republic of Guinea has received board approvals from two joint venture partners, [...]
Buffalo Gold Ltd. is pleased to announce additional assay results from the diamond drilling program at the Mt. Kare Gold Project in Papua New Guinea. Specific highlights of the drill results include:
North-Western Roscoelite Zone
- 30.0 metres of 19.2 g/t gold in hole MK06-58
- Including 6.5 meters of 41.8 g/t gold
- 25.0 metres of 22.6 g/t [...]
Aurelio Resource Corporation (”Aurelio”) (OTCBB: AULO) is pleased to announce that it has completed, pursuant to an agreement entered into with Aurelio Resources Inc. (”ARI”) and its shareholders dated April 27, 2006, the acquisition of all of the issued and outstanding common stock of ARI, a privately-owned Colorado corporation engaged in mineral development, expansion and [...]
Australian gold stocks such as Newcrest Mining Ltd. and Lihir Gold Ltd. rose along with the price of the precious metal after North Korea fired missiles over the Sea of Japan.
Ansell Ltd., the world’s biggest maker of surgical gloves, slumped after the company told analysts to cut their earnings forecasts for the second day in [...]
