Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a variety of body panels or structural parts. “While sales of our auto sheet have been impacted...
Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver Coin property hosts a NI 43-101 compliant resource of 423,002 ozs. of gold and 3,423,531 ozs. of...
Cameco Corporation announced that the company and Centerra Gold Inc. have signed an agreement with the Kyrgyz government that resolves all outstanding issues with respect to the Kumtor gold mine. The agreement is expected to further align the parties’ business interests and provide additional certainty for continuing operations and future development of the Kumtor project. The Kyrgyz government...
TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department of La Libertad in Northern Peru. The anomaly is interpreted to indicate the presence of a body...
Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination (the “Transaction”) whereby Carlisle is to acquire all of the issued and outstanding...
Fronteer Development Group Inc. announced today that it has acquired all of the remaining common shares of Aurora Energy Resources Inc. (”Aurora”) pursuant to a going private transaction involving the amalgamation (the “Amalgamation”) of Aurora and a direct wholly-owned subsidiary of Fronteer. The Amalgamation was approved and adopted at a special meeting of Aurora shareholders...
Abitex Resources Inc. announce a significant new Uranium-Gold discovery on its 100% owned Epsilon property in the Otish Mountains region of Quebec. The new surface outcrop discovery is located approximately 15 km West of Abitex’s Lavoie property under option from AREVA Resources Canada (”ARC”) and SOQUEM Inc. where the Company has an all-weather camp and is engaged in a definition...
SearchGold Resources Inc. provide additional technical details on the 400 km2 Arae-Gassel Gold Property located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL. Recent compilation has highlighted the Inata-Kerboule shear as a major regional structure over 30 km in strike length which is host to Wega Mining’s 1.4 million oz Au Inata deposit(i)...
CityView Corporation Limited announces that Canzar Resources Limited, the Operator of the Nhefo and Luachisse diamond concessions in Angola, has engaged International Progress & Design of South Africa to supply Dense Medium Separator (DMS) mobile plants for installation at Nhefo. The combined plants should be capable of processing 400 tonnes of feed per hour. CityView CEO Mark Smyth commented:...
Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received its Water Use Concession for general water use at the Mirador camp on February 26, 2009 and will update...