Great Basin Gold Ltd. announces that it has signed an agreement with Metallic Ventures Gold Inc, whereby the Company will purchase the Esmeralda processing plant (”Mill”) in Nevada, inclusive of the Esmeralda mine and infrastructure for US$2 million.
The Company’s decision to purchase the Esmeralda Mill follows an extensive evaluation process whereby various milling options for [...]
Pacific Gold Corp. announced that its subsidiary, Nevada Rae Gold has begun and completed the first phase of the plant modifications that were previously approved by the local governing agency, the Nevada Department of Environmental Protection (NDEP) for the Black Rock Canyon Mine.
The trommel, conveyors, centrifugal bowls and new plumbing have all been reconfigured to [...]
Clifton Star Resources Inc. Vice President of Exploration, Fred Archibald P. Geo, OGQ, is pleased to provide newly acquired assay results completed December 1st, 2008 and to announce the upcoming drilling strategy.
Drilling on the Beattie-Donchester properties has been continuing to outline three mineralized zones at approximately 50 metre spacing and down to depths between 300 [...]
BACE, a leading manufacturer of heavy duty balers and compactors for use in the recycling and waste management industry, announces that effective immediately it has reduced its prices on all products to reflect the current reduction in steel costs.
“BACE has always placed our customers first. As steel prices increased dramatically over the past three years, [...]
General Steel Holdings, Inc., one of China’s leading non-state-owned producers of steel products and aggregator of domestic steel companies, today announced the opening of its Longmen joint venture subsidiary branch office in Chengdu, Sichuan.
The Chengdu Longmen branch will primarily be focused on sales and marketing efforts to meet increased demand for steel building materials generated [...]
Noranda Aluminum Holding Corporation today announced a company-wide workforce and business process restructuring that will reduce Noranda’s operating costs, conserve liquidity and improve operating efficiencies. This restructuring is expected to generate cash cost savings and operating efficiencies through the work force reduction of approximately $23 million annually.
“Noranda remains committed to its strategy to improve productivity [...]
Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada.
Financing
In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers (the “Banks”) and underwriters for the Black Fox project finance facility. [...]
Yorbeau Resources Inc. report that it has intersected a 3 m interval along core axis of silicified Piche Group rocks showing disseminated visible gold (see photos attached and on web site) within a broader zone of silicified Piche rocks, in hole 08-CI-467, on the Cinderella block of its Rouyn property.
Hole 08-CI-467 is approximately 390 m [...]
Duluth Metals Limited announced significant new assays for 15 holes drilled in the Nokomis Deposit located near Ely, Minnesota. Of particular interest, Hole MEX-141, has expanded the Eastern High Grade Corridor (see October 27, 2008 press release) to the south-west, intersecting a 35.0 foot section of 1.201% copper, 0.436% nickel, and 1.468 grams per tonne [...]
Ventura Gold Corp. has completed a fourth phase drilling program on the Angela Vein of the Inmaculada gold-silver project in Peru comprised of 18 core holes and totaling approximately 4,646 meters (”m”).
The Company has now completed over 15,000m of drilling since inception of exploration on Inmaculada and, as a result, has completed the exploration work [...]
