Coeur d’Alene Mines Corporation announced the appointment of Humberto Rada as the new President of Coeur’s Bolivian subsidiary, Empresa Minera Manquiri, S.A., and of Coeur South America. Mr. Rada will lead all the Company’s activities in South America, including its existing activities in Bolivia, Chile and Argentina. Coeur recently began operations at its new San [...]

Yukon-Nevada Gold Corp. announces its termination of Investec’s mandate to arrange and underwrite financing for mine expansion at the Jerritt Canyon Project, Nevada.
In the face of continuing operating cost pressure in the mining industry worldwide Yukon-Nevada Gold Corp. has decided to suspend its underground operations at its Jerritt Canyon mines and focus solely on operating [...]

Agnico-Eagle Mines Limited announced that it purchased 12,222,222 common shares of Stornoway Diamond Corporation (”Stornoway”) at a price of C$0.90 per common share from treasury. Stornoway used the proceeds of the private placement to redeem the C$10 million principal amount of convertible debentures held by Agnico-Eagle and to pay to Agnico-Eagle a C$1 million amendment [...]

Yukon-Nevada Gold Corp. is pleased to announce that it has engaged the Commodities and Resource Finance Division of Investec Bank (UK) Limited (”Investec”) to arrange project finance and hedging facilities for the expansion of the Company’s Jerritt Canyon Mine in Nevada.
The facilities are comprised of a term loan of US$40 million and a partial gold [...]

Hans Boge, P.Eng., President of Klondike Star Mineral Corporation, reported on the determination of probable mineral reserves sufficient to support a mining decision by the Board of Directors.
The probable mineral reserve identified to date, based on drilling of over 600 holes on 60% of the Indian River property, calibrated by bulk sampling, is in the [...]

Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]

Hochschild Mining Plc. increased its stake in Canadian gold producer Lake Shore Gold Corp. to 40 percent after buying 11.8 million shares from a subsidiary of FNX Mining Co. Inc.
The shares were acquired for C$1.82 per share or a total of C$21.4 million in cash.
In February, the FTSE-250 precious metals producer, which had focused on [...]

Radisson Mining announced it had entered into a Conditional Sale/Purchase Agreement for the purchase of 48 mining claims located in the township of Beauchastel in the Province of Quebec. This property was identified as the RM Nickel Property. Results of metallurgical tests recently received from SGS Lakefield Research Limited of samples generated from Radisson’s drill [...]

Houston Lake Mining Inc. is pleased to report it has completed the second half of a 5,008 metre (16,426 ft.) diamond drill program on its West Cedartree Gold Project. As the Company awaits assay results, it has begun a new summer exploration program at West Cedartree.
The second half of the spring 2008 program was initiated [...]

Zijin Mining Group Co. Ltd. has completed its initial feasibility study on a gold-copper mine in Benguet province owned by Far Southeast Gold Resources Inc. (FSGRI).
China’s second largest gold miner is in the process of negotiating a final agreement, it said in a disclosure filed with the Shanghai Stock Exchange.
Listed local miner Lepanto Consolidated Mining [...]