Advanced Explorations Inc. announce that it intends to strengthen its Roche Bay Project in Nunavut with the addition of an iron nugget plant. Following the lead of Steel Dynamics Inc. (”SDI”) and others, AEI plans to utilize the MIDREX/Kobe Steel ITmk3® Process to produce “pig iron” nuggets which are higher in grade (~98% Fe) and [...]
Cliffs Natural Resources Inc, a global mining and natural resources company, today reported that it has initiated production curtailments at two of its six North American Iron Ore mines.
Cliffs indicated that the curtailments were necessary to bring production levels in line with demand. Cliffs will temporarily idle two small pellet furnaces at Northshore Mining and [...]
Cleveland-Cliffs Inc, an international mining company, announced that it has changed its name to Cliffs Natural Resources Inc. Its ticker symbol will remain the same.
In addition to the name change, the Company also announced the formal adoption of “Cliffs,” the one-word name by which it is commonly known, and introduced a new visual identity, including [...]
MDU Resources Group, Inc. announced that its acquisition of Intermountain Gas Company, a wholly-owned subsidiary of privately held Intermountain Industries, Inc., has been finalized. The enterprise value of the transaction, including indebtedness, is approximately $328 million.
Intermountain Gas, headquartered in Boise, Idaho, serves more than 300,000 customers in 74 communities in Idaho, including the Boise metropolitan [...]
Wallbridge Mining Company Limited announced that its $5 million joint venture with Impala Platinum Holdings Limited has received the necessary South African Reserve Bank approvals and drilling has been initiated on the Parkin Offset Dyke Properties in Sudbury, Ontario.
Drilling has been started with two drills, and a total of over 8,000 metres of diamond drilling [...]
Duluth Metals Limited announce that Dean M. Peterson, Ph.D. is joining Duluth Metals as Senior Vice President of Exploration effective October 1, 2008. Dr. Peterson has over 20 years of experience in mineral exploration, geological consulting, and developing economic geology programs. Dr. Peterson is one of the pre- eminent authorities on Duluth Complex mineralization and [...]
Wallbridge Mining Company Limited has discovered mineralization within three target areas on their Rogers Creek copper-gold-molybdenum property, in south-western British Columbia approximately 40 kilometres south of Pemberton. The first two targets are defined within a 6 by 2 kilometre area of alteration and gold-copper mineralization with samples in quartz-sulphide veins returning up to 23.1 [...]
Northern Oil and Gas, Inc. announced the company recently participated in the successful drilling and completion of an additional eight oil producing wells in the emerging Bakken trend of North Dakota. The eight wells began producing at an average initial rate of 768 BOPD.
– The EN-Person-1102H-1 well, located in Mountrail County, ND was operated by [...]
Duluth Metals Limited provide a progress report on activities currently underway and planned for the Fourth Quarter, 2008. The Company’s cash position remains strong with approximately CAD$16 million cash on hand.
The Company is currently in the process of final bid selection for choosing the engineering consultants to complete the Nokomis Deposit Pre-Feasibility Study. The Company [...]
Wallbridge Mining Company Limited announced that it signed a joint venture agreement with Impala Platinum Holdings Limited (”Impala”), the world’s second largest primary platinum producer, on its Parkin Offset Dyke Properties in Sudbury, Ontario.
Under the terms of the joint venture agreement, Impala will spend $5M over three years to earn a 50% interest in the [...]
