Baja Mining Receives $90 Million & Ramps Up Construction Activities

Baja Mining Corp. provides the following update on the development of the El Boleo Project, Mexico. Korean Consortium Transaction The Company closed the sale of a 30% interest in the El Boleo Project on May 30th 2008 and received the initial payment of approximately US$90 million from the Korean Consortium... Read more..

Premier – Sutter Drilling Expands High Grade Gold Mineralization at Santa Teresa Including 24.40 gpt (0.71 opt) Across 2.0 Metres

PREMIER GOLD MINES LTD release full assay results, including several new values, from the initial 23 holes drilled at the Santa Teresa Concession in Baja California, Mexico. These new results, with intercepts as high as 24.40 grams per tonne (g/t) or 0.71 ounces per ton (opt) gold across 2.0 metres (m),... Read more..

Alcoa Supplies Spaceframe for Ferrari California

Alcoa Wheel and Transportation Products announced today that it has been selected by Ferrari S.p.A. to supply the all-aluminum spaceframe for the upcoming Ferrari California. The California, recently unveiled at the Paris International Motor Show, is the latest performance vehicle from Ferrari. The strength... Read more..

Beeston Delays Exploration on Ruth Lake Property

Beeston Enterprises Ltd. announces that is has delayed its 2008 exploration program planned for the Ruth Lake property near 100 Mile House, British Columbia, Canada into 2009. The property is favourably situated along the Quesnel Trough, a renowned geologic belt that hosts numerous base and precious... Read more..

Ventana Gold to Commence Trading on Toronto Stock Exchange

Ventana Gold Corp. announce that its common shares have been approved for listing on the Toronto Stock Exchange (”TSX”) and will commence trading on November 7, 2008 under the symbol “VEN”. Richard Warke, Chief Executive Officer, said, “We are pleased to bring Ventana to... Read more..

Atna Reports Third Quarter Progress at Pinson Gold Project, Nevada

Atna Resources Ltd., report activity at the Pinson Gold Mine in Humboldt County, Nevada. Pinson Mining Company, a subsidiary of Barrick Gold, spent US$5.0 million on drilling and development activities at Pinson in the third quarter of 2008 bringing their total project-to-date expenditures to US$18.2... Read more..

Cardero Agrees to Sell Pampa de Pongo Iron Ore Deposit to Nanjinzhao Group Co., Ltd. for USD 200 Million

Cardero Resource Corp. announce that it has entered into an agreement with Nanjinzhao Group Co., Ltd., a private Chinese enterprise located in Zibo City, Shandong Province, PRC, whereby Cardero Hierro del Peru, S.A.C., the holder of the Pampa de Pongo Iron Property, will sell its 100% interest to Nanjinzhao... Read more..

Gold Resource Corporation Updates Mineralized Material Estimate for El Aguila Project

Gold Resource Corporation (GRC) announce results from an internal analysis of delineation drilling at its Arista deposit. The Arista deposit is part of GRC’s 100% owned El Aguila Project in Oaxaca, Mexico. Estimates of in-place mineralized material at the Arista deposit, from Arista and Baja veins... Read more..

SmartTCP Chosen by Kern Steel Fabrication to Automate Structural Steel Welding Processes

SmartTCP a leading supplier of automatic welding solutions, today announced it has been selected by Kern Steel Fabrication, of Bakersfield, California to automate its structural steel welding process. The robotic welding solution, which is designed for fabrications in small batch production, combines... Read more..

Gold Resource Corporation Intercepts 1.1M of 26.89G/T Gold and 1323G/T Silver (2.15 Oz/T Gold Equivalent) Within 3.4M of 36.07G/T (1.16 Oz/T Gold Equivalent) at El Aguila Project

Gold Resource Corporation reports two greater that 2 ounce gold equivalent (AuEq) intercepts including 1 meter of 26.89 g/t gold and 1323 g/t silver (2.15 oz/t AuEq) within 3.4 meters of 36.07 g/t (1.16 oz /tonne) AuEq in a possible third vein at its Arista deposit. The Arista deposit is part of GRC’s... Read more..