NovaGold Resources Inc. announced that it has obtained a secured bridge loan in the amount of US$20 million from Auramet Trading, LLC. Auramet, based in Fort Lee, New Jersey, is a leading merchant banking and advisory firm specializing in the global resource sector. The proceeds of the Loan will be used by NovaGold for general [...]

HTX Minerals Corp announce that it has entered into a strategic alliance with Impala Platinum Holdings Limited, the world’s second largest primary platinum producer. The alliance will focus on PGE-Nickel exploration in Ontario, Canada.
Under the terms of the strategic alliance agreement, Implats will fund $900,000 towards HTX’s Nickel-Copper-PGE Ontario project generation activities over three years. [...]

Cannon Exploration Inc. announces that the initial reconnaissance program undertaken on the Queen Alexandra Gold Mine, located outside of Dryden in Northern Ontario, Canada, has been completed.
A limited ground geophysical survey conducted by Major Management Exploration Services (MMES) indicated a conductive zone in the immediate shaft area located on the property.
The survey also reconciles with [...]

Supreme Resources Ltd. announce that drilling continues on its Ample-Goldmax property, near Lillooet, British Columbia. A total of seven drill holes have been completed on the property this fall, with a total of 438m drilled.
Of particular interest, in the drilling to date, is drill hole AG-08-38, which encountered 6.05m of strongly quartz-veined greenstone and graphite [...]

Goldcorp Inc. and Gold Eagle Mines Ltd. announced today that the acquisition of Gold Eagle by Goldcorp has been completed.
Under the Plan of Arrangement, shareholders of Gold Eagle were entitled to receive at their election and subject to proration either C$13.60 in cash; 0.292 of a common share of Goldcorp and $0.0001 in cash; or [...]

The U2009 Global Uranium Symposium will be held May 9-13, 2009 at the Keystone, Colorado Resort & Conference located in the scenic Rocky Mountains, a two-hour drive from Denver International Airport and near several other ski resorts, lakes and snowcapped mountains.
The symposium will bring together uranium industry professionals and students representing the beginning of the [...]

Portrush Petroleum Corporation has been granted a licence to drill a well on its Waubuno property in Moore (St. Clair) Township, Lambton County, Southwestern Ontario. The Company expects to begin drilling in early October.
In early August the Company received a favorable geophysical report and interpretation from its consultants in Calgary. A good Niagaran pinnacle reef [...]

Austral Pacific Energy Ltd. today announced that it has decided to initiate a strategic alternatives review of its business.
Austral CEO and President Thompson Jewell said, “In light of the low share price, Austral Pacific has initiated a strategic review to consider all options available to the company to maximise value for its shareholders”.
In conjunction with [...]

Newmont Mining Corporation announced the selection of Brian Hill as Executive Vice President, Operations and other executive management appointments, effective October 1, 2008.
Richard O’Brien, Newmont’s President and CEO, said, “Our Executive Leadership Team is now established and well positioned to drive further improvement in our operational and project execution. As we continue to develop our [...]

Iberian Minerals Corp. Iberian Minerals Corp. announces assay results from an additional underground and surface drilling as part of its 2008 copper stockworks drilling program on the Agua Tenidas mining project.
The stockwork program from the existing underground infrastructure is focused at the East end of the deposit between sections 690.790E and 690.960E. It will be [...]