Iberian Minerals to Issue Shares to Insersa

Iberian Minerals Corp. announced today that in connection with the previously announced purchase of the underground mining division of Insersa at Aguas Tenidas, which closed on July 31, 2009, the Company will issue a total of 1,459,073 registered shares (the “Insersa Shares”) on or about September 4, 2009. Failure to issue renders the Company liable to return to Insersa Euros 480,000, being... 

International Minerals to be Included in Swiss Performance Index (SPI) on Swiss Stock Exchange

International Minerals Corporation announce that it has been accepted for inclusion in the Swiss Stock Exchange (“SIX”) prestigious Swiss Performance Index (the “SPI”), effective August 24, 2009. IMZ is currently the only precious metal mining company listed on the Swiss Stock Exchange and the first ever gold company to be included in the SPI. In addition, IMZ is one of only 11 foreign companies... 

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Anglo Swiss Resources’ Kenville Gold Mine Underground Rehabilitation Completion

Anglo Swiss Resources Inc. announces that the Company has completed the rehabilitation of the main mine haulage system at its 100% owned Kenville Gold Mine property near Nelson, B.C. This major historical production level, known as the 257 Level, is the lower of two levels and is now entirely operational with the extensive main drifts track repair complete. The Kenville Gold Mine has approximately... 

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Constitution Mining Appoints New Chairman

Constitution Mining Corp. announces the appointment of Dr. Michael Stocker to serve as the company’s Chairman of the Board. The Board of Directors appointed Dr. Michael Stocker to serve as a member and Chairman of the board of directors. Dr. Stocker replaces Patrick Gorman as Chairman of the board of directors and Mr. Gorman will continue to serve as a member of the board of directors. Constitution... 

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Rio Tinto Alcan successfully completes rehabilitation of Pramont industrial residue disposal site

Rio Tinto Alcan has successfully completed its rehabilitation of the Pramont industrial residue disposal site in the Valais region, which is now integrated into a regional framework for environmental protection on the left bank of the Rhone River between Sierre and Granges, Switzerland. “This rehabilitation is the outcome of eight years of hard work and regional collaboration, of which we are... 

Arctic Platinum Project Reverts to Gold Fields

Gold Fields Limited announced that the Arctic Platinum Project (APP) in Finland had reverted to Gold Fields after North American Palladium Limited (NAP), a Canadian platinum metals group producer, had declined to follow its rights in terms of a Letter of Intent entered into between the parties and announced on 18 October 2005 and an Acquisition and Framework Agreement subsequently entered into between... 

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Anglo Swiss Resources Begins Installation of New Gold Processing Equipment-Kenville Gold Mine

Anglo Swiss Resources Inc. report that it has taken delivery and initiated installation of mineral processing equipment for its 100% owned Kenville Gold Mine and Milling property located near the City of Nelson in South Eastern British Columbia. The newly purchased crushing and milling equipment (the “Equipment”) consists of: 1) 2 ball mills with drives; 2) a classifier; and 3) 3 flotation... 

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Alba seeking $1bn payout from Alcoa

ALBA is seeking more than $1 billion (BD378 million) in damages from a US corporation it has accused of corruption, it has emerged. Court documents obtained by the GDN allege the company paid exorbitant prices for alumina, amounting to hundreds of millions of dollars and which continue to accumulate today. They state the ‘outrageous’ 15-year fraud was not discovered until last year because... 

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Russia’s UC RusAl may build plant in Indonesia

Russian aluminum giant United Company RusAl said Monday it was considering establishing a bauxite and alumina processing complex in Indonesia. Media quoted representatives of Indonesian mining company Antam as saying earlier Monday that there were plans for a joint project with UC RusAl to set up a plant in the southeast Asian country at a cost of $220 million, and with capacity of 300,000 metric tons... 

Xstrata sees chance for zinc mine revamp to proceed

Xstrata Plc said on Wednesday a government bill being introduced in Australia would validate its proposed redevelopment of the McArthur River zinc mine. An Australian court on Monday ruled against a A$110 million ($92 million) redevelopment of the mine over a glitch in the approval process after a challenge by local landowners. Swiss-based Xstrata said it had welcomed a move by the Northern Territory...