Wits Basin Completes Share Exchange Transaction and Forms a Stand-Alone Gold Company
Wits Basin Precious Minerals Inc. announce the completion of a share exchange transaction with Princeton Acquisitions, Inc., a Colorado corporation, and Hunter Bates Mining Corporation, a Minnesota corporation, which was previously a wholly-owned subsidiary of Wits Basin, in which all of the Hunter Bates...
Hidalgo Mining International Issues Update on Gold Hill Project Joint Venture
Hidalgo Mining International, Inc. announce that its Joint Venture partner, North Bay Resources Inc., has staked additional strategic claims adjacent to the Gold Hill Project currently under joint-venture with Hidalgo. The new claims are now included within the scope of the ongoing joint-venture and...
Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick
Great Western Minerals Group Ltd. announce that it has entered into an option agreement with a third party to acquire a 100% working interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the city of Bathurst. The agreement is subject to regulatory...
Colorado Goldfields Earns Validation of Clean Water Technology at Gold King Mine
Colorado Goldfields Inc. in conjunction with Blue Sky Water Technologies, Inc., of Folsom, California, has proven its ability to treat water issues at its Gold King Mine. Results from Alpha Analytical, a nationally certified third-party testing laboratory in Sparks, Nevada, showed that Blue Sky’s...
Cadiscor: New Terms for the Acquisition of the Sleeping Giant Mine and Mill
Cadiscor Resources Inc. announce amendments to the formal agreement with IAMGOLD Corporation granting Cadiscor the option to acquire a 100% interest in the Sleeping Giant Mine and its related milling facilities. Cadiscor will take possession of the Mine at the end of October 2008. The Mine is located...
LINE-X Industrial Coatings to Launch New Flame Retardant Mining Products at 2008 MINExpo INTERNATIONAL
LINE-X Industrial Coatings Division (LICD), a strategic business unit of LINE-X Protective Coatings (LINE-X), is pleased to announce that it will be exhibiting at MINExpo INTERNATIONAL® 2008 in Las Vegas, Nev., September 22-24, 2008 (booth #02343). During the exposition, LICD will be launching their...
New LINE-X XS-252 Spray-On Lining to Receive MSHA Acceptance for Sealants Applied to Underground Ventilation Controls for the Mining Industry
LINE-X® Industrial Coatings Division (LICD) announce that its new fire retardant product, LINE-X XS-252, has met the requirements of the Mine, Safety and Health Administration (MSHA) Standard Application Procedures for Sealants Applied to Underground Ventilation Controls (ASAP 5005). “This is...
Colorado Goldfields Commences Drilling at Mogul Mine
Colorado Goldfields Inc. commenced drilling at its Mogul Mine Project in San Juan County, Colorado. CGFI will drill multiple holes into various geologic zones to verify potentially recoverable gold and silver and to determine exactly where mining will yield the highest production. Colorado Goldfields...
Shares of Schlumberger Ltd profit rises 13 percent
Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading. The Houston-based company...
Nabors rating will be reviewed by Moody’s Investors
Responding the Nabors’ offering worth $750M, Moody’s investors had it reviewed. It is also said that it placed its “A3″ senior unsecured rating for Nabors Industries Ltd. under review for a possible downgrade after the oil and gas driller announced a senior notes offering. The...
Latest Mining News
Ritchie Bros. to sell large multi-component crushing plant in unreserved Dubai auction
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, will sell a 2004 SBM...
Mineral Invest concludes agreement on gold deposits in north-eastern Democratic Republic of Congo (DRC)
Mineral Invest International MII AB (publ) has today through its local subsidiary, Mineral...
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