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... 

Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

February 2, 2010 Filed Under: Precious Metal  
 Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

Nebu Resources Inc. provides the following update on exploration activities on its Denton Township projects adjacent to properties held by Lakeshore Gold Mines Inc., approximately 30 kilometers southwest of Timmins, Ontario. The Company holds two properties in the area, one of which has been the subject of recent diamond drilling while the other has been the subject of initial exploration and is now... 

Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property

January 19, 2010 Filed Under: Copper Mining, Nickel Mining, Platinum Group Metals  
Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property

Franconia Minerals Corporation announces that it has reached an agreement with the South Kawishiwi Association LLC, a group of nearby cabin owners who are exchanging surface lands with the US Forest Service for surface rights over a portion of Franconia’s Maturi mineral deposit. Under the terms of the agreement, Franconia reinforces its right to access the Maturi Cu-Ni-PGM deposit – via... 

Pele Mountain Begins Drilling at East Highland Gold Project

January 18, 2010 Filed Under: Precious Metal  
Pele Mountain Begins Drilling at East Highland Gold Project

Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999.... 

Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government

November 23, 2009 Filed Under: Lithium Mining, Precious Metal  
Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government

ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia. Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State.... 

Robex is starting its drilling campaign on Nampala

November 12, 2009 Filed Under: Precious Metal  
Robex is starting its drilling campaign on Nampala

Robex Resources Inc. announce that it has completed the preparatory phase of the drilling campaign planned for the Nampala gold deposit located on the Mininko permit, in the Republic of Mali. Robex is now preparing to commence its drilling campaign with the intent of increasing the quality of the resources contained within a portion of the Nampala deposit. This past October, the engineering-consulting... 

Wallbridge Mining To Expand Drill Program on Rogers Creek Copper-Gold-Molybdenum Property

November 6, 2009 Filed Under: Copper Mining, Molybdenum Mining, Precious Metal  
Wallbridge Mining To Expand Drill Program on Rogers Creek Copper-Gold-Molybdenum Property

Wallbridge Mining Company Limited announced today that the Company will expand its drilling program on the Rogers Creek property to 2,500 metres on the basis of copper and molybdenum mineralization observed in diamond drill hole WRC-001. The distribution of mineralization and alteration intersected in WRC-001 is consistent with many porphyry-style mineral deposits in South America and will be used... 

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... 

Timberline Expands Land Position at Its Butte Highlands Gold Project

October 29, 2009 Filed Under: Precious Metal  
Timberline Expands Land Position at Its Butte Highlands Gold Project

Timberline Resources Corporation announced that it has acquired the mineral and surface rights to additional mineral claims adjacent to and nearby its Butte Highlands Gold Project joint venture. Timberline executed a lease agreement with an option to purchase four patented claims at its Butte Highlands Gold Project. The additional claims are contiguous to the company’s existing claims and along...