As part of the strategic focus developed under its Plan to Win program, Metaldyne Corporation, an Asahi Tec company, today announced it will seek to divest its Middleville, Mich., and Niles, Ill., facilities.
The decision is the result of a comprehensive product review conducted as part of the Plan to Win, an action-oriented plan to create [...]
Dynamite Resources Ltd. announced that an additional drill rig will be placed on the Mike Lake gold-copper property, located in the Yukon Territory, which brings the total number of drills operating at Mike Lake to three. The 2008 drill program at Mike Lake will now comprise 10,000 metres of drilling with a total exploration budget [...]
Happy Creek Minerals Ltd. is pleased to announce an update of the 2008 diamond drilling program on its Rateria copper property in B.C., Canada. The Company’s website has recently been updated at http://www.happycreekminerals.com/s/Rateria.asp?ReportID=163646, where additional photos and images from the Rateria project have also been posted.
The Rateria copper property is located 10 kilometres southeast of [...]
Vista Gold Corp as it is reported has provided an update news on its activities underway at its Mt. Todd Project in the Northern Territory, Australia. The Company is currently conducting technical programs that management expects will lead to the completion of a preliminary feasibility study by the end of the year.
Part of this year’s [...]
Cardero Resource Corp told the press that the company is to provide an update on the Pampa de Pongo Iron Deposit metallurgical assessment, currently in progress at the Natural Resources Research Institute (NRRI), Minnesota. Preliminary results have been extremely positive: Grinding tests indicate that a high grade concentrate can be produced with high iron content [...]
Golden Eagle International, Inc earlier today reported that its C Zone gold mill in eastern Bolivia is operating and hit its processing goal of 200 tonnes per day (tpd) during one 24-hour period. (The Company is striving to maintain this daily production level, but cannot yet assure that it will be met on a daily [...]
NovaGold Resources Inc said that great sadness that Cole McFarland, a long-time member of NovaGold’s Board of Directors, has passed away after a courageous battle with cancer. “With deep sorrow I announce that Cole McFarland has passed away,” said Rick Van Nieuwenhuyse, President & CEO of NovaGold. “Cole played an integral role in the development [...]
Pacific Rim Mining Corp has just released a report on its financial and operating results for the twelve months ended April 30, 2008. Details of the Company’s financial results are provided in its fiscal 2008 audited consolidated financial statements and Management’s Discussion and Analysis (”MD&A”) that will be mailed to shareholders shortly. All monetary amounts [...]
Claude Resources Inc told the press that the dewatering of the shaft at the Madsen mine at Red Lake, Ontario passed the 11th Level on July 14, 2008. The dewatering process remains on track to enable Claude Resources to commence underground drilling from the 12th Level, as previously announced, in the 4th Quarter 2008.
It is [...]
Canadian miner Barrick Gold Corp told the press that the oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. Previously, the company made an unsolicited all-cash offer of [...]
