Peregrine Diamonds Ltd. and Peregrine Metals Ltd. announce that their respective Boards of Directors have mutually agreed to terminate discussions to effect a business combination between the two companies.
On June 3, 2008, Peregrine and Metals announced that they had entered into a letter of intent for the purpose of effecting a business combination whereby the [...]
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the “Project”), announced that it has received the aggregate first deferred subscription payment from its joint venture partners of approximately $42.2 million. The payment has been placed [...]
Kalimantan Gold Corporation Limited announce the appointment of Arif Hadian as Manager of its Coal Division. Arif Hadian, who is a geologist, has worked in the East Kalimantan region for a number of years and has extensive experience in the coal sector, working for large international companies such as BHP Billiton, Essar and Sumitomo Corporation. [...]
Allana Resources Inc., update its previously announced acquisition of three mineral concessions in Ethiopia’s northeastern Danakil Depression totaling approximately 150 square kilometers (please refer to Allana’s September 17, 2008 press release). The project area is approximately 100 km from the Red Sea coast and 600 km via good roads from the deep water port of [...]
Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange.
Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over [...]
Caterpillar Inc. opened MINExpo International 2008 today with the largest and most comprehensive state-of-the-art indoor exhibit in the history of the exposition. The event, which runs September 22-24 at the Las Vegas Convention Center, will highlight Caterpillar’s mining products, services, technology and people. With over 40,000 square feet of floor space, the Caterpillar exhibit is [...]
Geocom Resources Inc. and TNR Gold Corp announce the transfer of ownership of Iliamna from BHP Billiton such that Geocom and TNR shall hold 100% legal title to the Property.
In 2003 TNR granted an option to Geocom and the Company subsequently earned its 51% interest in the Iliamna Project’s D Claims block and a 75% [...]
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the “Project”), announced that the joint venture has approved an extension and increase to the interim Project budget through September of $30.9 million (including $5 million in [...]
Raytec Metals Corp. along with its joint venture partner Triex Minerals Corp., announce the commencement of the 2008 summer diamond drill program at the Riverlake & Highrock properties located in the Athabasca Basin of Saskatchewan. Approximately 2,500 metres of diamond drilling is planned to test three main areas. The targets are near-surface, basement-hosted uranium deposits [...]
Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today provided an update on growing Gemcom Minex(TM) sales momentum in Asia Pacific. Strong demand for the software is being fuelled by booming commodity demand and mining companies seeking improved tools for geology and mine planning.
Minex is a comprehensive geological modelling and [...]
