Kaminak Gold Corporation announced that project partner Solomon Resources Ltd. completed a diamond drill program on Kaminak’s 100% owned Cry Lake Gold-Silver Project located in north western British Columbia, Canada. The program was funded by Kaminak’s partner who completed two diamond drill holes totalling 416 metres as well as geological mapping and sampling of an [...]
Harry Winston Diamond Corporation (TSX: HW; NYSE: HWD) announced that the operator of the Diavik Diamond Mine has provided the following update on work during the second quarter of 2008 at the Diavik Diamond Mine: Ore production accelerated in the second quarter in line with plan due to improved operating conditions. Ore was mined predominantly [...]
Silver Falcon Mining, Inc. announces the signing of a memorandum of agreement to purchase all of the assets of Mineral Extraction Company (Minex).
Part of those assets, namely the SINKER TUNNEL complex, will give us access to the workings of all of our tunnels and shafts on a year round basis, as well as allowing us [...]
Ohio’s troubles with coal mines could become a big headache for the state’s next governor, Ted Strickland.
When Strickland takes office next month, he might have to deal with a threatened federal takeover of Ohio’s coal programs.
But the governor-elect says that if Ohio needs to raise more money to clean up bankrupt mines, he will present [...]
Adex Mining Inc. announce the completion of a mineralogy characterization test program for the recovery and extraction of tungsten, molybdenum, tin and indium at the Company’s Mount Pleasant Mine Property located in southwestern New Brunswick. The Property hosts two mineralized zones: the tungsten-molybdenum bearing Fire Tower Zone and the tin-indium bearing North Zone.
The mineralogy [...]
Stillwater Mining Co. said late Thursday it will resume operations at its East Boulder mine in Montana Friday now that fire officials have granted public access to roads in the area of the mine.
The mine was shut from Wednesday evening to Thursday after a wildfire spread through the area. The mine facilities themselves were not [...]
Votorantim Metais (VM), Brasil’s biggest nickel producer, will extend the life of its Minas Gerais state nickel plant.
“We have struck a partnership with a Goias state nickel miner, Americano do Brasil, that will supply nickel sulfide ore to our Fortaleza de Minas nickel matte operation,” company superintendent Joao Bosco said late Thursday.
“This will allow [...]
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 [...]
A recent surge in steel prices continued Wednesday with ArcelorMittal saying it will increase prices by $250 a ton on some steel shipments — a move that will benefit steel companies such as U.S. Steel Corp., analysts said.
Strong global demand has increased prices for hot-rolled coiled steel from $529 a ton in October to $845 [...]
Aurizon Mines Ltd. announce that it has entered into a letter agreement with Alexandria Minerals Corporation (“Alexandria”) whereby Alexandria has granted the Company an option to earn an undivided 100% interest in nineteen (19) mineral claims, subject to an existing 2% net smelter return and a 2% gross overriding receipts royalty on any diamonds extracted [...]