GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of [...]

Banro Corporation announce that following publication on July 7, 2008 of the results of the Pre-Feasibility Study on its wholly-owned Twangiza gold project, the Company has filed on SEDAR (www.sedar.com) the accompanying technical report. The report is dated August 13, 2008 and entitled “Pre-Feasibility Study NI 43-101 Technical Report, Twangiza Gold Project, South Kivu Province, [...]

At the request of Market Surveillance on behalf of the Toronto Stock Exchange, Banro Corporation is providing an update to investors on the recent trading activity in the Company’s shares. There have been no material developments at the Company which the Company believes would explain the recent decline in the Company’s share price.
Banro is a [...]

INTERNATIONAL BARYTEX RESOURCES LTD. advises that in regard to the contract review process the Democratic Republic of Congo (”DRC”) is undertaking, East China Capital Holdings Ltd (”ECCH”), a subsidiary controlled by the Company, has received a proposal from Generale des Carrieres et des Mines (Gecamines) to revise the Gecamines-ECCH agreement in regard to the Shituru [...]

DMC Mining released the findings of the scoping study completed by GRD Minproc on its 80% owned Mayoko Iron Ore Project in The Republic of the Congo, reporting that the Mayoko Iron Ore Project is at an early stage of development. Preliminary economics appear attractive and justify advancing to a more detailed level of assessment. [...]

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 [...]

Uranium explorer Brinkley Mining saw its shares rise sharply as it confirmed it had received an early stage bid approach.
“The company notes the movement in its share price today and confirms that it has received an approach which might lead to an offer being made for its shares,” it said in a brief statement.

Japan is feeling the heat over sharply rising prices for non-ferrous metals, especially rare metals, which are used in a wide range of high-technology products.
Global competition is intensifying for non-ferrous metals, including copper and lead, as well as for such energy resources as oil, natural gas and uranium. Prices have risen sharply in recent years [...]

The Democratic Republic of the Congo aims to not only revive its traditional copper sector, but diversify by exploiting potentially huge iron ore and bauxite deposits, Mining Minister Martin Kabwelulu said on Monday.
“Diversification of production is a key strategy,” he told a base-metals conference in Namibia.
The Democratic Republic of the Congo was once one of [...]