Ritchie Bros. Auctioneers, the world’s largest auctioneer of industrial equipment, attracted thousands of on-site and online bidders to nine unreserved public auctions in four countries last week, including the largest Reno, Nevada auction in Company history. The October 3, 2008 Reno auction generated US$20 million in gross auction proceeds. Ritchie Bros. also conducted a US$33 [...]

Goldex Resources Corporation is pleased to announce that initial fieldwork, consisting of geologic mapping and surface sampling, has been completed and assay results received from its Arco property in Durango, Mexico.
The bulk of the surface outcrop sampling was completed in June, during the first work period. Since then, the mapping has progressed outward from the [...]

NEVADA SUNRISE GOLD CORPORATION has completed its Initial Public Offering (IPO) and commenced trading on Tier 1 of the TSX Venture Exchange on September 22, 2008, under the symbol (CDNX:NEV.V). The Company issued 10 million shares of stock at a price of $0.25 per share for gross proceeds of $2.5 million. Bolder Investment Partners, Ltd. [...]

Genco Resources Ltd. announced that its independent mining consultant, Kappes Cassidy & Associates of Reno, Nevada, is nearing completion of the feasibility study respecting expansion of Genco’s La Guitarra Mine. The study is now anticipated to be completed and announced in mid-October.
In anticipation of receipt of the finished study, Genco continues to explore several financial [...]

Saxon Oil Company Ltd. announced today that its wholly owned subsidiary, Central Kansas Gas Gathering (”CKGG”), signed a joint venture agreement with Mid Kansas Gas Gathering LLP (”MKG”) of Wichita, Kansas. The 50-50 joint venture, called Mid Kansas Gas Gathering JV (”MKGG”), will be headquartered in Wichita, Kansas, with American Energies Pipeline, LLC (AEP) acting [...]

General Metals Corporation management is excited about the results reported in the Interim Report prepared by Samuel G. Nunnemaker, Reg. Geo., B.Sc., consulting geologist to the Company. Nunnemaker is a Qualified Person who has supervised the entire development drilling program discussed in the report and continues to do so throughout 2008 thus far. Mr. Nunnemaker [...]

Nevoro Inc. is pleased to announce that it has completed its acquisition of 100% of the issued and outstanding shares of Sheffield Resources Ltd., (CDNX:SLD.V) (”Sheffield”) through a court-approved plan of arrangement (the “Arrangement”) pursuant to s.288 of the Business Corporations Act (British Columbia), as previously announced in a press release dated June 10, 2008.
Sheffield [...]

Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, today announced a U.S. $30 million initial investment in Salt Investment S.A. (SI). The company is a new Djibouti-based salt production and export company that will harvest, wash and export salt extracted from Lake Assal, the largest undeveloped salt [...]

Western Uranium Corporation is pleased to announce drilling has started on the regional uranium targets: Bull Basin and Old Man Springs on the Kings Valley Project, Nevada. To expedite the program and accommodate permitting of a large number of drill sites, the core drill program is being helicopter assisted. One core rig is currently on-site [...]

Sabah’s controversial coal-fired power plant project is back on track but will be moved to a more “suitable” location in the east coast.
The state government, which scrapped the RM1.3bil coal plant project targeted for Lahad Datu for environmental reasons, has agreed in principle that the 300MW plant be relocated, Energy, Water and Communications Minister Datuk [...]