First Uranium Corporation announced that an exclusive agency agreement has been entered into with the Traxys Group, a global metals, minerals and energy marketing company. As per the agreement, Traxys will market, on an exclusive basis, all of the uranium production from First Uranium’s underground Ezulwini Mine and its tailings re-treatment operation at Mine Waste [...]

Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, [...]

Resource Finance & Investment Limited announce receipt of the latest quarterly update from Industrial Minerals (IDM). IDM advised that following completion of the drilling program, the previously stated 1.38 million short tons of probable ore reserve moved to proved ore. This raised the total of proved ore to 8.68 million short tons.
IDM has also confirmed [...]

Anooraq Resources Corporation announces that it has received key approvals required for implementation of its transaction with Anglo Platinum Limited for the acquisition of an effective 51% equity interest in the Lebowa Platinum Mine, together with an additional 1% controlling interest in the parties’ current joint venture projects, namely the Ga-Phasha Project, the Boikgantsho [...]

Homeland Energy Group Ltd. announce that Nedbank Capital, the Investment Banking division of Nedbank Limited, one of South Africa’s largest banks, has approved a Debt Finance Facility for Homeland’s Kendal Colliery. Following a thorough due diligence and review of Homeland’s Kendal Colliery, Nedbank Capital has approved the 5 and a half -year facility, which is [...]

Wits Basin Precious Minerals Inc. announced that London Mining Plc, a leading international mining and development company for the steel industry, has agreed in principle, subject to due diligence and finalization of definitive documentation, to become a 50/50 joint venture partner for the Company’s iron ore project located near Maanshan, Anhui Province in the People’s [...]

Sierra Gold Corporation announced that it will begin initial gold operation tomorrow on the Sewa River with the 8-inch dredge purchased last month from a South African company. This equipment has the capability to process up to 50 tons per hour. An experienced, highly qualified operator from South Africa will be running the operations. The [...]

Beartooth Platinum Corporation announce the start up of the 2008 drilling program at their Stillwater property, located in south central Montana, USA.
The program will consist of multiple core holes located perpendicular to the 15 km soil geochemical anomaly identified during the 2006 field program.
Preliminary results are expected in the fourth quarter of the year.
Beartooth Platinum [...]

Uranium Hunter Corporation announce that the geophysical interpretation of the aeromagnetic and radiometric surveys conducted over its Ruhuhu Prospect have delineated up to 8 outcropping zones of enhanced uranium activity.
The 1,100 line km of airborne radiometric and magnetic data acquired by airborne contractor NRG over the Ruhuhu Prospect was interpreted by GAP Geophysics of South [...]

Diamcor Mining Inc., announces it plans to proceed with the disposition of certain of the Company’s So Ver mining assets. The Company will begin considering and evaluating various proposals from interested parties. The transaction may take the form of an asset sale or a sale of the Company’s subsidiary, So Ver (Pty) Ltd. The disposition [...]