Guyana Gold Corp. is pleased to report that it has received a joint venture proposal to develop the Port Kaituma Gold Project. The proposal would expand the company’s land position and increase the scale of the Port Kaituma project. Guyana Gold Corp. had received a number of joint processing proposals and has now expanded those [...]
Pinnacle Mines Ltd. (”Pinnacle”) and Tenajon Resources Corp (TSX-V:TJS; “Tenajon”) are pleased to announce that they have closed the transaction announced on April 21, 2008 and Pinnacle has now purchased Tenajon’s wholly owned subsidiary, 0781639 B.C. Ltd. (the “Corporation”). The Corporation holds an undivided 40% ownership interest in and to the Kansas Claim and a [...]
Liberty Star Uranium & Metals Corp. (the “Company”)(OTCBB:LBSU) is pleased to announce that the CEO/President of the Company, James A. Briscoe, and the CEO/President of Mayo Gold Explorations Ltd. (“Mayo Gold”), Pedro Villagran Garcia, have signed a Letter of Intent to joint venture the El Papago Project (“El Papago”) in Sonora, Mexico and the Tombstone [...]
Argonaut Resources announced the highest nickel grade intercepts to date at the Company’s Century tenement in Laos. The latest results include trenching intercepts of up to 22m at 1.0% Nickel across disseminated nickel sulphide mineralisation at the Nam Hone East prospect on the Century tenement. The Company is planning a concentrated drilling program on the [...]
ArcelorMittal welcomes the allocation of a mining lease in respect of the Karampada iron ore deposit to the Company by the Governments of India and Jharkhand for its integrated steel plant to be based in Jharkhand.
The Karampada iron ore deposit is located in West Singhbhum district of Jharkhand with estimated reserves of 65 million tons [...]
AUSTRALIAN iron ore producers, arguing for a freight premium to be included in this year’s contract prices with reluctant Chinese steelmakers, are expected to shrug off the emergence of a new iron ore exchange market created by Deutsche Bank and Credit Suisse.
The exchange gives smaller Chinese steel producers a chance to hedge their costs in [...]
WA’s $16 billion iron ore industry could be in for a shake-up, with a Government committee outlining a controversial new regime which obliges BHP-Billiton and Rio Tinto to haul smaller miner’s iron ore to port.
After taking two years to draft the ABC understands the long awaited Rail Haulage Regime will be released today for public [...]
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 [...]
China Shen Zhou Mining & Resources, Inc. (American Stock Exchange: SHZ; “China Shen Zhou”, or “the Company”), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that Ms. Jessica Yu, China Shen Zhou’s Chairwoman and CEO, will ring the American [...]
Galloway Energy Inc., an emerging growth company focused on property exploration and acquisitions in the energy and precious metals sectors, announced today that it has reviewed news releases including assay result of samples taken by other mining companies located near the Company’s recently acquired FraserBend Claim properties located in the Quesnel Trough, in the Cariboo [...]
