Adanac Molybdenum Corp. is pleased to announce, effective August 01, 2008 that the Board of Directors has approved the appointments of:
Peter R. Jones - Chairman, President and Chief Executive Officer
Christopher C. Kirby - Vice President and Chief Financial Officer
Kenneth W. Calligar - Vice President Finance
Mr. Jones P. Eng., has 38 years of extensive experience in [...]

On July 6, 2008, Inmet Mining Corporation announced that it intends to make an all-cash offer (the “Offer”) for all of the outstanding common shares of Petaquilla Copper Ltd. (the “Company”) (Toronto:PTC.TO) at a price of $2.00 per share.
Until the Offer is formally commenced and has been reviewed, the Board of Directors is unable to [...]

High Ridge Resources Inc. announced that its recently incorporated Peruvian subsidiary, “Minera High Ridge Del Peru S.A.C.” has entered into a Memorandum of Understanding (MOU) to acquire an option on certain mineral claims located in central Peru.
The MOU grants Minera High Ridge Del Peru S.A.C.M the right to purchase 100% title to the [...]

Five months after it launched a failed bid to buy two of Canada’s largest metals producers, Arizona’s Phelps Dodge Corp. was itself swallowed by smaller rival Freeport-McMoRan Copper & Gold Inc., a $26-billion (U.S.) takeover that was driven in part by a promising African venture between Phelps Dodge and a small Vancouver company.
The cash and [...]

Canadian stocks may struggle to build on this month’s rally as energy producers such as Petro-Canada may fall along with oil prices.
Losses in the market may be limited after Alcan Inc. and Rogers Communications Inc. reported earnings that exceeded analysts’ estimates.
The Standard & Poor’s/TSX Composite Index may also be supported by higher prices for industrial [...]

Virgin Metals Inc. has received assay results for drill holes LVRC0406 through LVRC1006 from its drill program currently underway at its Los Verdes copper, molybdenum, tungsten project in the State of Sonora, northern Mexico. The drill program, designed to replicate the drill pattern completed by Cominco Ltd. and Industriales Penoles some 35 years ago, is [...]

Virgin Metals Inc. (”Virgin Metals”) (VGM TSX-V) announces that drilling is under way at its 100% controlled Los Verdes project in Sonora State, northern Mexico. The objective of the drill program is to replicate drilling carried out some thirty five years ago by a joint venture of Cominco Ltd and Industriales Penoles. That drilling led [...]

Diamonds North Resources Ltd. (TSX VENTURE:DDN ) announces that Stuart (Tookie) Angus, Geir Liland, Maynard Brown and Mark Kolebaba have been appointed to the Board of Uranium North Resources Corp. Terry Lyons has been appointed as an advisor to the Board.
The first tasks of the Board will be to complete the property portfolio, finalize selection [...]