Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

January 9, 2009 Filed Under: Rare Earth Elements, Uranium Mining  
Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

Great Western Minerals Group Ltd. announce that it has entered into an option agreement with a third party to acquire a 100% working interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the city of Bathurst. The agreement is subject to regulatory approval. This property is located in a mining-friendly jurisdiction, with excellent infrastructure... 

ICL Announces Record Share Repurchase Program

September 4, 2008 Filed Under: Mining Stocks, Phosphate Mining, Potash Mining  

Israel Chemicals Ltd., a multinational fertilizer and specialty chemicals company, today announced that its Board of Directors has approved its intention to commence a stock repurchase program of up to five percent of its outstanding Ordinary Shares over a ten month period through June 30, 2009. The share purchase program, which could amount to NIS 3.5 billion ($971 million) according to yesterday’s... 

Vena Acquires 100% of Coal Company in Peru and Provides Development Plans for Peruvian Anthracite Coal Market

August 13, 2008 Filed Under: Coal Mining, Lithium Mining, Phosphate Mining  

Vena Resources Inc.announces it has now acquired 100% of Sudamericana de Carbon (SDC), a Peruvian company focused on the exploration, development and mining of anthracite coal. As previously announced on February 26, 2008, Vena had entered into an agreement with SDC whereby Vena could earn a 70% interest in SDC by spending US$2.5 million in exploration costs. To acquire 100% of SDC, Vena has agreed... 

Lateegra Forms Joint Venture on Phosphate Project in East-Central British Columbia

Lateegra Gold Corp. continues to advance its portfolio of phosphate projects with the signing of a Letter of Understanding (“LOI”) to joint-venture its 100% owned Wapiti Property with Pacific Ridge Exploration Ltd. (“Pacific Ridge”). The property, first reported in a news release on June 10, 2008, is located south of Tumbler Ridge in east-central British Columbia, and is road... 

Magnus International Resources Acquiring African Mineral Fields to Explore Mineral Opportunities in Africa

Magnus International Resources, Inc. announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio into Africa, which holds 55% of the known global gold resource and is experiencing... 

Magnus Acquiring African Mineral Fields to Explore Mineral Opportunities in Africa

Magnus International Resources (“Magnus”) ”the Company”) NASD OTC-BB: ”˜MGNU’) announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio... 

AnorMed gets $3 million from Shire

September 18, 2006 Filed Under: Mining Services, Phosphate Mining, Precious Metal  

AnorMed sold to Shire in 2004 the global patent rights for Forsenol, which lowers phosphate levels in the blood. High blood phosphate levels are seen in patients undergoing dialysis for chronic kidney failure. AnorMed, which has received $19 million in royalty payments from Shire, said it is eligible for $3 million more if the drug is approved in one of four additional European Union countries. AnorMed...