Silvermet Inc. has entered into an Agreement to acquire Metoks Madencilik Metalurji Tasimacilik Sanayi ve Ticaret A.S. (”Metoks”), the owner of a Waelz kiln in Turkey that processes electric arc furnace dust (”EAFD”) to recover its zinc content. The purchase price is US $9 million. Silvermet will assume the Metoks liabilities of US $4.9 million [...]

Canadian Zinc Corporation announce that it has entered into a Memorandum of Understanding (”MOU”) with the Nahanni Butte Dene Band (”NBDB”), of Nahanni Butte, Northwest Territories, to establish a mutually beneficial, co-operative and productive relationship with regard to the exploration and development of the Prairie Creek Mine. Furthermore NBDB and CZN intend to work together, [...]

VMS Ventures Inc. announce that it has signed a Letter of Intent (”LOI”) outlining terms and conditions to acquire a 100% interest in the Dunlop Reed Lake Claims from W. Bruce Dunlop Ltd..
The Dunlop Reed Lake claims are currently subject to an Option Agreement between the Company and the Vendor dated August 1, 2006 and [...]

U3O8 Corp., a Canadian uranium exploration company, regrets to report that an aircraft that was undertaking a geophysical survey for Prometheus Resources Limited, a wholly owned subsidiary of U3O8 Corp., has been reported missing with three people on board in Guyana. The last communication from the aircraft was on the afternoon of Saturday, November 1, [...]

Bearclaw Capital Corp. announce the results of its summer 2008 exploration program on its Wakeham Basin and James Bay prospective uranium properties in Quebec. The programs were carried out under the supervision of some of the foremost specialists in Quebec uranium geology and exploration: Emilien Seguin, a director of Bearclaw, Benoit Magrina, Ramin Salkhi, and [...]

George H. Read, P. Geo., Senior Vice President Exploration and Development, is pleased to announce that a project proposal for a joint Star-Orion South Diamond Project has been submitted to the Environmental Assessment Branch of the Saskatchewan Ministry of Environment, in addition to the following Federal agencies: Fisheries and Oceans Canada, Health Canada, Indian and [...]

Golden Dory Resources announce that is has acquired 376 additional claims at its 100% owned (3135 claim, 78,375 ha) Burin Project in southern Newfoundland, and that Phase 2 airborne radiometric, magnetic and electromagnetic surveys have commenced. The Burin project is host to newly discovered uranium mineralization hosted within the St. Lawrence Granite and includes recently [...]

Lakeside Steel Inc. announced that it reached a tentative agreement with the Canadian Auto Workers, Local 523 (”CAW Local Union”) representing about 400 employees of Lakeside Steel Corporation (”Lakeside”), the wholly-owned subsidiary of Lakeside Steel, for a three year term ending October 31, 2011.
The agreement is subject to approval by members of the CAW Local [...]

Reece Energy Exploration Corp. to announce that it has participated in the drilling and completion of three (0.5 net) Bakken wells in the Forget field in south east Saskatchewan. The operator, Crescent Point Energy Trust, has finished drilling three of four gross wells that Reece will have an interest in. Drilling of the fourth well [...]

Marathon Oil Corporation announced the completion of the sale of its non-operated interests in the Heimdal infrastructure, related producing fields and associated undeveloped acreage offshore Norway. Centrica plc, the parent company of British Gas, acquired the interests for a total value of $416 million, which includes a $375 million purchase price and $41 million in [...]