Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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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... 

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Santa Fe Gold Proceeding with Construction of Summit Silver-Gold Project

Santa Fe Gold Corporation announced that the New Mexico Office of the State Engineer has issued a permit required to proceed with construction of the tailings dam impoundment at the Banner Mill located near Lordsburg, New Mexico. The company expects to complete construction of the tailings impoundment during the current quarter and to begin processing operations shortly thereafter. “With this important... 

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ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries

ECU Silver Mining Inc. provides an update on recoveries attained on its mineral resource. ECU Silver’s mineral resource is primarily contained in sulphide mineralization plus additional oxide mineralization. The Company has been testing various methods to improve metallurgical recoveries within both these environments and has attained excellent results. Metallurgical recoveries are very important... 

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Trilliant Exploration Acquires Minority Stake in Global Diamond Resources, Plc

Trilliant Exploration Corp., a fully operational gold mining company with concessions in southern Ecuador, announced today that it has acquired a minority stake in privately held, Global Diamond Resources (GDR). The ?£1.5 million ($2.42 Million USD) investment was made by Trilliant Exploration’s wholly owned UK subsidiary, Trilliant Diamonds Ltd. Global Diamond Resources maintains a 93% interest... 

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Silver Falcon Mining, Inc. Purchases Land for Mill Site

Silver Falcon Mining, Inc., an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America acquires 20 acres of property at the base of War Eagle Mountain, Idaho. Management purchased this land parcel, located in the City of Murphy, Owyhee County, Idaho, on Ridge Road, the main road to Silver City, Idaho. The Company paid a total of $200,000US with... 

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Omega Commercial Finance Signs Definitive Agreement to Acquire Peruvian Gold Mine

Omega Commercial Finance Corporation announce that it has signed a Definitive Agreement to acquire from Ruby Trust Mining Company SAC (RTM), a mining operation located in the mountain village of Cusco, Peru. As previously announced, Omega is currently looking to diversify its interests with the gold commodities market by finding undervalued and underdeveloped mines with proven and probable reserves.... 

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Farallon Announces Corporate Name Change

Farallon Resources Ltd. announces that it has changed its name to Farallon Mining Ltd. Farallon’s President Mr. Dick Whittington made the announcement at the Company’s Annual General Meeting held on May 22, 2009 in Vancouver. Farallon has successfully made the transition from an exploration company to a fully operational mining company in an extremely short period of time. It has taken... 

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Minefinders Achieves Commercial Production at Its Dolores Mine

Minefinders Corporation Ltd. a precious metals mining and exploration company announced that it has achieved commercial production effective May 1, 2009 at its 100% owned Dolores gold and silver mine in the state of Chihuahua, Mexico. The advance to commercial production status is based on the operational and financial performance of the mine to date. Production of gold and silver at the Dolores Mine... 

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Golden River Resources Takes Placement in Canadian Company Acadian Mining Corp

Golden River Resources Corporation announced that it has reached agreement with Acadian Mining Corporation to subscribe in a private placement transaction for up to 338,111,334 common shares in Acadian for aggregate gross investment of up to C$10 million. The Offering is contemplated to close in two or more tranches. Following closing of all tranches, Golden River will hold 68.45% of Acadian. The...