Barrick Gold Corporation on its cash offer

Barrick Gold Corporation told the press that it has entered into a support agreement with Cadence Energy Inc. (”Cadence”) for the all cash offer of $6.75 per share submitted to the Board of Cadence on July 17, 2008. The Board of Directors of Cadence has unanimously determined that Barrick’s offer is in the best interests [...]

July 22nd, 2008

The Silver Recycling Company to hire a new Chief Financial Officer

The Silver Recycling Company Inc has recently published a report to the press saying that the company is pleased to announce the hiring of Mr. Kevin Leong and his appointment as Chief Financial Officer for Silver Recycling. As part of his compensation, Silver Recycling has granted Mr. Leong incentive stock options to purchase 150,000 shares [...]

July 22nd, 2008

Gold and Silver Gain About 1%

The unstable global economic condition influence all aspects of economic, However there are also some significant increase in particular sectors. Despite the high price of oil recently has shocked most countries, the business in Gold and silver mining and exploration gain at least 1%.
As it is reported by the news.goldseek.com that Gold rose [...]

July 22nd, 2008

Mirasol Upgrades Libanesa and Identifies new Silver - Gold Target adjacent to Cerro Plomo

Mirasol Resources Ltd. is pleased to announce it has identified additional silver/gold-base metal targets through an MMI soil survey at its 100% owned Libanesa project, located in the prolifically mineralized province of Santa Cruz, Southern Argentina.
Mirasol recently completed a detailed MMI (Mobile Metal Ion) soil survey covering approximately a 2 square kilometre area centered on [...]

July 21st, 2008

Redcorp Ventures Ltd.: Appointment of Mill Superintendent

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd. (”Redfern”) are pleased to announce the appointment of Mr. Peter Nelega to the position of Mill Superintendent for the developing Tulsequah Chief Mine operations, owned and operated by Redfern. Mr. Nelega will assume his duties commencing September 15, 2008.
Once in operation, Peter will be responsible [...]

July 21st, 2008

Golden Eagle Updates Report on C Zone Gold Mill Operation

Golden Eagle International, Inc. 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 basis.)
The [...]

July 21st, 2008

Barrick Cash Offer Supported by Cadence

Barrick Gold Corporation announced it has entered into a support agreement with Cadence Energy Inc. (”Cadence”) for the all cash offer of $6.75 per share submitted to the Board of Cadence on July 17, 2008.
The Board of Directors of Cadence has unanimously determined that Barrick’s offer is in the best interests of Cadence and its [...]

July 21st, 2008

Timmins Gold Corp.: Appointment of Lee Graber as Director

Timmins Gold Corp. is pleased to announce the appointment of Lee Graber as a director.
Mr. Graber is currently an Investment Director for Pacific Road Capital Management (”PRCM”), a Sydney, Australia based private equity manager investing in the global mining industry. Mr. Graber has over 30 years relevant experience in the mining industry, including 23 years [...]

July 21st, 2008

El Nino Ventures Inc. makes new Acquisition in the DRC

El Nino Ventures Inc. is pleased to announce that it has signed a Letter of Intent with Phoenix Mining Corporation (PMC), a Congolese mining company, to earn into a 70 percent interest on Research Permit (PR) 9316 in the DRC Copperbelt.
PMC was granted exclusive rights to explore this area under a contract, signed with the [...]

July 21st, 2008

Trade Winds Proceeds With NI 43-101 Compliant Mineral Resource Estimate Update for Block A Joint Venture, Ontario

Trade Winds Ventures Inc. is pleased to announce that it has retained Watts, Griffis and McOuat (”WGM”), Consulting Geologists and Engineers, of Toronto, Ontario to audit the mineral resource estimate to be completed by Thon Consulting (”Thon”) of Smithers, British Columbia and prepare an NI 43-101 compliant mineral resource estimate report for the Block A [...]

July 21st, 2008