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... 

USA Uranium Joint Ventures Gold Property with Mariposa Resources

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... 

Gold Resource Corporation and Hochschild Mining plc Form Strategic Alliance

December 10, 2008 Filed Under: Mining Investment, Mining Stocks, Precious Metal  

Gold Resource Corporation announce that it has formed a strategic alliance with Hochschild Mining plc (Hochschild) through a $5 million private placement of 1.67 million shares of GRC’s restricted common stock at $3.00 per share (no warrants). Hochschild is a world leading precious metals producer listed on the London Stock Exchange. Based in Lima, Peru, Hochschild is a mid-tier gold producer... 

Sage Closes Private Placement With MineralFields

October 26, 2008 Filed Under: Mining Stocks, Precious Metal  

Sage Gold announce that it has closed a further non-brokered private placement of Cdn $250,000 through the sale of 2,000,000 flow-through units at $0.125 per unit to MineralFields Group. This placement is in addition to the previously announced placement of $1,950,000 with several institutional investors and the $1,250,000 placement with MineralFields Group under the same terms and conditions, for... 

White Mountain Completes $2.13 Million Financing and Advances Pilot Plant Program at the Cerro Blanco Project

October 9, 2008 Filed Under: Mining Stocks  

White Mountain Titanium Corporation reports that it has completed a private placement financing and raised $2.13 million. The Company issued 2.84 million common shares at a price of $0.75 per share. Third party advisory fees related to the financing total $131,946. The Company will use the funds for general treasury purposes, as well as advancing the Pilot Plant program at its Cerro Blanco titanium... 

Infinito Awards Project Financing Mandate to BNP Paribas

September 19, 2008 Filed Under: Mining Stocks, Precious Metal  

Infinito Gold Ltd. announce that it has signed an engagement letter under which it has given BNP Paribas an exclusive mandate to act as lead arranger of a $US 66 million debt financing facility to complete the construction and start-up of Infinito Gold’s 100% owned Crucitas Gold Mine Project located in north central Costa Rica. The financing is subject to BNP Paribas completing its due diligence... 

Haber Inc. Agrees to a Joint Venture on Arizona Precious Metals Property

September 10, 2008 Filed Under: Precious Metal  

Haber, Inc.,, a Delaware corporation headquartered in Arlington, Mass., with proprietary technologies for the environmentally friendly processing of gold-bearing ores, announced today that it has agreed to enter into a joint venture with a private party (hereinafter referred to as “Owner”) to acquire certain patented claims in southern Arizona which will then be conveyed to a new joint venture... 

Fortress Financial Group, Inc. – Potential Sale of Hunt Gold Corporation Stock

August 13, 2008 Filed Under: Mining Stocks  

Fortress Financial Group, Inc. confirms that it is in advanced discussions to dispose of its 483,000,000 “free trading” shares of Hunt Gold Corporation Common Stock, with the Private Equity Group currently bidding for control of Hunt Gold Corporation with another unrelated party. Should the Company obtain a price of US$0.03 per share for these shares, that being the current bid price for... 

Abitex announces first closings of private placement raising $6,346,500

August 2, 2008 Filed Under: Lead Mining, Mining Stocks  

Abitex Resources Inc. announces that it has completed the first closings of the private placement for a total of $6,346,500. The Company is also pleased to update its previously announced proposed acquisition of Central Uranium Corporation (“Central”). The Company has proposed to acquire all the issued and outstanding common shares of Central in exchange for common shares of the Company,... 

Castle Harlan Agrees to Sell AmeriCast for US$288 Million to Bradken

July 29, 2008 Filed Under: Lead Mining, Mining Services, Mining Stocks  

Castle Harlan, Inc., the New York private equity investment firm, announced that it had agreed to sell AmeriCast Technologies, Inc., a North American leader in the design and manufacture of large, complex steel castings, to Bradken Ltd., a leading publicly-traded Australian manufacturer of cast steel and other products, primarily for the mining and railroad industries, in a transaction valued at approximately...