The Silver Recycling Company on Acquisition Target

The Silver Recycling Company Inc. is reported to have released a report saying that it has entered into a non-binding letter of intent (”LOI”) to acquire a silver scrap refining company. The target has been in business in the United States for over 22 years and is the second target that Silver... Read more..

IAMGOLD Announces Acquisition of Doyon Royalty

IAMGOLD Corporation announced that the Company has acquired the participation royalty on the Doyon/Westwood property, located in the Abitibi region in Northern Quebec, from Barrick Gold Corporation for US$13MM in cash. The transaction eliminates the royalty obligation on the Doyon mine, which is 24.75%... Read more..

Fish and Game deputy commissioner Ken Taylor to work to promote Pebble

The Pebble Partnership told the press that its deputy commissioner at the Alaska Department of Fish and Game, is going to work for them. Taylor will be the partnership’s vice president for the environment. He begins his new job Aug. 1. A partnership pushing development of a huge copper and gold... Read more..

Igor A. Kovarsky, Kola Mining’s President and Director, Appointed as CEO

Kola Mining Corporation is pleased to announce the appointment of Mr. Igor A. Kovarsky, President and Director, as Chief Executive Officer of Kola Mining effective retroactively as of June 1, 2008. Mr. Pinkowski will remain Chairman of the Board of Directors. “Igor is ideally suited to lead this... Read more..

Nirek Signs a Letter of Intent to Acquire 45% of a Gold Producing Property in Peru

Nirek Resources Inc. is pleased to announce it has signed a Letter of Intent to become a joint venture partner with a 45% working interest in the AMR Project Peru S.A.C. The AMR Project Peru is 500 leased hectares in the district of Ayapata, in the province of Carabaya in the department of Puno, Peru.... Read more..

Change of Management for Golden Dawn Minerals Inc

Golden Dawn Minerals Inc. is pleased to announce the appointment of David Dobson as the Company’s Chief Financial Officer, on the resignation of Roger Dowker. Additionally, Mr. Frank Wright will be joining the Company’s Advisory Board. David Dobson, C.A., operates a public practice in Timmins,... Read more..

Lake Shore Gold Corp on West Exploration

Lake Shore Gold Corp has recently announced that it has just igned an Exploration Agreement with the Flying Post First Nation (”FPFN”) and Mattagami First Nation (”MFN”) in order to promote a cooperative and mutually respectful relationship between the FPFN and MFN and the Company... Read more..

Lake Shore Gold Corp. Announces Timmins West Exploration Agreement With Flying Post and Mattagami First Nations

Lake Shore Gold Corp. is pleased to announce that it has signed an Exploration Agreement with the Flying Post First Nation (”FPFN”) and Mattagami First Nation (”MFN”) in order to promote a cooperative and mutually respectful relationship between the FPFN and MFN and the Company... Read more..

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Harmony Gold Mining Co.Ltd cuts costs

Harmony is focused on reducing its overall operating costs through its continuous operations agreement and the shutdown of loss-making shafts. The company is also reducing its headcount to control costs. As a result, we rate the shares a Hold with a target of $11.50. It is also reported that The company... Read more..

Essakane gold project has been signed

Orezone Resources Inc. told the press that the mining convention for the Essakane gold project has been signed by His Excellence Abdoulaye Abdoulkader, Minister of Mines and Energy for Burkina Faso. The signing of the convention was the last stage required in the Burkina Faso mining approval process.... Read more..