Kinross Gold Corporation announced that it has entered into separate agreements with Teck Cominco Limited and certain subsidiaries of Anglo American plc pursuant to which Kinross will acquire a 100% interest in Minera Santa Rosa SCM for an aggregate purchase price of approximately US$250 million, plus a royalty. Minera owns 100% of the Lobo-Marte [...]
AVEVA, the leading supplier of engineering IT systems for the plant and marine industries, today announced further expansion into Latin America with the opening of AVEVA do Brasil in Rio de Janeiro. This office, the latest in AVEVA’s expanding global platform, will provide premium product solutions and support for its growing customer base in Brazil, [...]
Xstrata Copper Canada is pleased to announce it has reached a tentative agreement with the Union Executives of CAW-Local 599 for the renewal of the collective agreement at the Kidd Metallurgical site.
Kidd Metallurgical employees are expected to vote on the agreement on November 6, 2008. The collective agreement expired on September 30, 2008 at midnight [...]
MMX Mineração e Metálicos S.A., pursuant to article 157 of Law 6404/76, and CVM Instruction No. 358/02, hereby makes the following announcement:
Minera MMX de Chile, a wholly-owned subsidiary of MMX, has concluded (i) the acquisition of two mining rights in which the Company has identified promising iron ore deposits and (ii) two Option Agreements whereby [...]
Great Basin Gold Ltd. announces the appointment of Chris Knoetze as General Manager of the Burnstone Management team, located in Mpumalanga, South Africa.
Chris Knoetze will head up the team bringing the Burnstone mine into production early next year. He is a qualified Mine Overseer and holds a Mine Managers certificate.
Chris joined the mining industry in [...]
Copper Mountain Mining Corporation announce that the Company’s Board of Directors have authorized management to proceed with the development of the Copper Mountain Project subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work [...]
CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit.
The Property was flown by a [...]
Los Andes Copper Ltd. announces results from the latest four holes of the drilling program at the Vizcachitas Project in Chile.
Highlights of the results include Hole LAV-121A that intersected 0.53% Cu and 0.011% Mo (0.61% Cu eq(i)) over 86 metres, including 0.60% Cu and 0.007% Mo over 42 metres.
A summary of results from the four [...]
Anaconda Mining Inc. announce results for a further ten diamond drill holes from the Inca de Oro Sur Joint Venture (”Inca de Oro Sur” or the “Project”). Inca de Oro Sur is located within the historic Inca de Oro mining district in northern Chile, approximately 100 kilometres north of Copiapo.
Exploration Program Overview
A diamond drill program [...]
Valencia Ventures Inc. announce that it has entered into an agreement with Yamana Gold Inc. regarding the release of the respective liabilities and obligations of Valencia and Yamana to each other in relation to the Jacobina mine. Valencia previously held an interest in the Jacobina mine that it sold to Desert Sun Mining Corp. [...]
