Nuinsco Acquires Gold Project in Lake of the Woods Region

Nuinsco Resources Limited announced it has optioned a claim package, collectively referred to as the Olympian Project, that hosts numerous previously identified gold occurrences. The project area lies 5 km northeast along strike from the Kenora region’s most significant past producer, the Wendigo... 

Tags: Economy of Alaska, Mining, Nuinsco Resources Limited, Occupational safety and health, Temagami Ontario, The Toronto Stock Exchange, Wendigo Mine

Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary,... 

Tags: Actis LLP, Al Fairuz Mining Company LLC, Al Zuhra Mining Company LLC, APM Mining Limited, Arabian Peninsula Projects Ltd., Asia, Auzex Resources Limited, Banro Corporation, BHP Billiton

True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue... 

Tags: Chemical elements, Chemistry, geochemistry, Great Western Minerals Group Ltd., GWGM, Ketza River, Lanthanides, Matter, Mining

Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing... 

Tags: Botswana, construction management, De Beers, Debswana, Debswana Diamond Company Ltd, Diamond Mining, diamond processing plant, economic geology, EPCM

Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project.... 

Tags: active mining finance house, attractive mining project, banking, corporate and structured finance, corporate and structured finance products, finance sector, finance transactions, investment banking professionals, KPMG Corporate Finance LLC

B.C. Provincial Government halts mineral exploration in Flathead Valley

Max Resource Corp. has learned that the Government of British Columbia intends to halt all ongoing mineral exploration work and prohibit any future mine development in the Flathead Valley in Southeastern B.C. In his Throne Speech of February 9, 2010, which outlines the B.C. Government’s legislative... 

Tags: B.C. Government, British Columbia, Business Partnership, Coalbed methane, East Kootenay, Environment, Flathead, Flathead County Montana, Flathead River

Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties,... 

Tags: Decisional Diffie-Hellman assumption, economic geology, Geology, Gold, Golden Dawn Minerals Inc., Kirkland Lake, Larder Lake Mining Division of the Province of Ontario, Mining, Nass Valley Gateway Ltd.

Alexis Completes Offer for Garson Gold Corp.

ALEXIS MINERALS CORPORATION announces that its bid to acquire Garson Gold Corp. has now resulted in over 90% of Garson shares being tendered to the Offer. This result confirms that Garson Gold shareholders are overwhelmingly in favour of the acquisition and the opportunity now present for growth in the... 

Tags: Alexis Minerals Corporation, Garson Gold Corp., gold shares, Mining, Mining Camp

Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property

Franconia Minerals Corporation announces that it has reached an agreement with the South Kawishiwi Association LLC, a group of nearby cabin owners who are exchanging surface lands with the US Forest Service for surface rights over a portion of Franconia’s Maturi mineral deposit. Under the terms... 

Tags: Birch Lake, copper nickel, deep exploration, franconia minerals, Franconia Minerals Corporation, initial cash, mineral deposit, minerals corporation, Mining

Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined... 

Tags: exploration licences, Mawson Resources Limited, Mineral exploration, Mining, mining conference, nuclear power reactor, uranium assets, uranium exploration, uranium resources