Castle Resources Inc. announces that it has terminated the share purchase agreement with Legends of Cobalt (’LOC’) to acquire a majority control of the historic silver camp in Cobalt, Ontario.
Castle Resources Inc. is a Toronto-based junior mineral exploration focuses on a high-quality advanced exploration project in Mexico. The Company’s initial focus is on the San [...]

BacTech Mining Corporation announced that it has signed a Memorandum of Understanding with Gold Bullion Development Corp. of Cobalt, Ontario. The basis of the agreement entails BacTech investigating the use of its proprietary bioleaching technology to treat certain tailings in the Cobalt Camp in northeastern Ontario for the recovery of cobalt and silver. In addition, [...]

Albidon Ltd. said its first nickel-copper-cobalt-PGM concentrate has been produced at Munali Nickel Project located near south of Zambia’s capital city Lusaka.
The mining company said saleable nickel-copper-cobalt-PGM concentrate is currently being stockpiled ahead of collection for smelting by Jinchuan Group.
It also added its focus is now to complete commissioning of the concentrator and increase concentrate [...]

Great Western Minerals Group Ltd. is pleased to announce that it has signed a non-binding Letter of Intent to acquire all of the issued and outstanding shares of Less Common Metals Ltd. (”LCM”) of Birkenhead, United Kingdom, subject to the required regulatory approvals in the UK and Canada. The purchase price of this acquisition is [...]

Vangold Resources Ltd. (CDNX:VAN.V) (Other OTC:VNGRF.PK) (”Vangold”), further to a news release of May 21, 2008 announcing the drill program, drilling commenced at the Kafunjo concession on May 25th. Mr. Locke Goldsmith, P.Eng., P.Geo., reports that as of June 1, the drilling was going well and that the first hole, logged to 288 meters, showed [...]

Lundin Mining Corporation (”Lundin Mining” or the “Company”) would like to cordially invite all to attend the Company’s Annual General Meeting of Shareholders to be held on June 5, 2008 in Toronto. Mr. Phil Wright, President and CEO, will present a corporate update on the Company. We hope you can join us!
Lundin Mining Corporation
Annual General [...]

Emerging nickel producer Nickelore Limited (ASX: NIO.AX) is pleased to announce completion of the Share Purchase Plan, which raised a total of $0.25 million via the issue of 3,621,467 fully paid ordinary shares. In addition, the Company has raised a further $0.27 million from the sale of listed investments at a profit.
The Company previously announced [...]

Cabo Drilling Corp., Ontario Division, has signed a drilling contract with International Millennium Mining Corp. (IMMC) for an initial 2,500 meters of diamond drilling near the Waldman mine on IMMC’s Cobalt Area Property in Ontario. The purpose of the program is to test several strong targets identified by a MMI (mobile metal ion) sampling program [...]

Norilsk Nickel made a net loss of $916.4 million calculated to Russian Accounting Standards (RAS) in the first quarter of 2008, the world’s largest nickel and palladium company has said in a statement.
Norilsk Nickel posted on Wednesday a preliminary output report saying its nickel production increased 22% to 74,572 metric tons in the first quarter [...]