Northern Shield Resources Inc. is pleased to announce that Peter Walker has been appointed as a director of Northern Shield.
Mr. Walker was the founder, President and CEO of Scandinavian Minerals Ltd., a public mineral exploration and development company listed on the Toronto Stock Exchange, from 1996 until its acquisition this summer by First Quantum Minerals [...]
The Army Corps of Engineers has reinstated a permit that will allow construction of the Rock Creek Mine near Nome.
The permit was issued Aug. 21. The corps suspended the permit Dec. 6 in response to a lawsuit filed in U.S. District Court by Trustees for Alaska and the Western Mining Action Project.
The plaintiffs took issue [...]
VentureNet Capital Group, Inc. (VNTN) announced the purchase in the open market of 1,892,000 shares of Cotton & Western Mining, Inc. (CWRN) stock. Cotton & Western is structured to produce and sell iron ore on a global scale. Currently, the company is engaged in mining activities to provide the Asia Pacific steel manufacturing sector with [...]
Maxy Gold Corp. announced that Maxy and China’s Western Mining Group (”Western Mining”) have entered into a formal Joint Venture (JV) Agreement on the “HUANGNAN” Copper-Gold Project, located in Qinghai Province, China. This is the first Property incorporated under their Strategic Exploration Alliance Agreement announced on October 4th 2006. Maxy has signed four letters of [...]
Australian outback miner Mincor Resources N.L. said on Monday it has paid A$30 million ($23.6 million) to peg new ground in the hopes of finding more nickel.
The move pushed Mincor shares up more than 6 percent at one point. At 0350 GMT, the stock was 3.2 percent firmer at A$2.23. In January shares were A$0.64.
Nickel [...]
Arizona’s mining industry is helping to fuel the building boom throughout the Southwest.
Gypsum mines around the state, including one in Winkelman, indirectly are supplying contractors in Tucson, Phoenix, Las Vegas and other hot building markets with wallboard and cement, two essential building products.
Demand for the building materials has resulted in the expansion of gypsum [...]
