Mines

News tagged with Mines on Mining Top News

Latin American Minerals Retains Consultants and Expands Exploration Program to Include Drill-Testing a Resource at Paso Yobai, Paraguay

September 4th, 2008
Latin American Minerals Retains Consultants and Expands Exploration Program to Include Drill-Testing a Resource at Paso Yobai, Paraguay

Latin American Minerals Inc. announces that it has retained Hedenquist Consulting, Inc. and Smee & Associates Consulting Ltd. to provide advise in the Paso Yobai Gold Project in Paraguay.
Dr. Jeffrey W. Hedenquist, Ph.D., President of Hedenquist Consulting, Inc., provided advice on the exploration model, the nature of the epithermal system and the ongoing exploration and [...]

Radisson Mining Confirms Issuance of Shares for Debt

July 19th, 2008
Radisson Mining Confirms Issuance of Shares for Debt

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. [...]

Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

July 19th, 2008
Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

Oriental Minerals Inc. is pleased to announce it has amended payment terms for the acquisition of the Sangdong tungsten-molybdenum project in South Korea. The Company has also secured a $3 million interim loan financing from Longview Capital Partners, its largest shareholder.
Payment terms for the current installment due for the Sangdong acquisition have been amended to [...]

Montanore Hard Rock Mine Exploration Impact Plan is Approved

July 17th, 2008
Montanore Hard Rock Mine Exploration Impact Plan is Approved

Mine Management, Inc told the press on Monday that the Montana State Department of Commerce approved the Hard Rock Mining Impact plan which was proposed for the montanore Silver-Copper Project near the town of Libby, Montana.
Mr. Glenn Dobbs, Mines management’s president and CEO, said that We are appreciative for the recent approval of the [...]

Hecla Mining Company completed the transaction with $25 million

July 17th, 2008
Hecla Mining Company completed the transaction with $25 million

Hecla Mining company has just completed the transaction. The company sold its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro Mining Ltd. (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. A 117-year-old company, Hecla has long been well known in the mining [...]

Cleveland-Cliffs and Alpha Natural Resources to Merge, Creating Cliffs Natural Resources, a Leading Diversified Mining and Natural Resources Company

July 16th, 2008
Cleveland-Cliffs and Alpha Natural Resources to Merge, Creating Cliffs Natural Resources, a Leading Diversified Mining and Natural Resources Company

Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]

United Uranium Corp. Announces Land Acquisition

July 16th, 2008
United Uranium Corp. Announces Land Acquisition

United Uranium Corp. announced that it has completed a property acquisition on the eastern side of the Athabasca Basin, Saskatchewan. The Cleveland Island property is located approximately 30 miles east - northeast of Hathor’s Roughrider zone. This most recent acquisition covers 987 ha of land in the Wollaston Lake area. The Company holds a [...]

Cloudbreak Resources Makes Submissions in Saskatchewan for an Additional 102,000 Acres

July 15th, 2008
Cloudbreak Resources Makes Submissions in Saskatchewan for an Additional 102,000 Acres

CLOUDBREAK RESOURCES LTD. President Blair Naughty is pleased to report Cloudbreak Resources Ltd. has applied for a 100% interest in a further 108 Coal Dispositions located on the east side of the Pasquia Hills of East-Central Saskatchewan. This acquisition is in addition to the 246 Dispositions already pending in the system. These Coal Dispositions are [...]

State of Montana Approves Montanore Hard Rock Mining Impact Plan

July 14th, 2008
State of Montana Approves Montanore Hard Rock Mining Impact Plan

MINES MANAGEMENT, INC. is pleased to announce that the Montana State Department of Commerce has approved the Hard Rock Mining Impact Plan proposed for the Montanore Silver-Copper Project near the town of Libby, Montana.
In accordance with the Montana Hard-Rock Mining Impact Act, the Plan is based on a study of the socio-economic impact to the [...]

Tres-Or Resources Ltd.: Lapointe Pipe, Ontario-Macro-Diamond Processing Underway

July 13th, 2008
Tres-Or Resources Ltd.: Lapointe Pipe, Ontario-Macro-Diamond Processing Underway

Tres-Or Resources Ltd. is pleased to announce that macro-diamond processing has commenced on the large sample extracted from the Lapointe kimberlite pipe, located about 80 km southeast of Timmins, Ontario. More than 50 tonnes of kimberlite was extracted (see February 11, 2008 news release) and has been shipped to the Stornoway Diamond Corporation (Toronto:SWY.TO) [...]