Cameco Corporation announced that the company and Centerra Gold Inc. have signed an agreement with the Kyrgyz government that resolves all outstanding issues with respect to the Kumtor gold mine. The agreement is expected to further align the parties’ business interests and provide additional certainty... Read more..
Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received... Read more..
EXPLORATION ORBITE V.S.P.A. INC. announce that it will receive financial support of over $2.1 million from the Department of Economic Development, Innovation and Export Trade, and the Department of Municipal Affairs and Regions. This contribution will support the first two phases of the Corporation’s... Read more..
Archangel Diamond Corporation announces that, in connection with its proposed acquisition of a 49.99% equity interest in OAO Arkhangelskoe Geologodobychnoe Predpriyatie from OAO LUKOIL described in the Corporation’s news release dated April 16, 2008, the Russian Federal Anti-Monopoly Service (”FAS”)... Read more..
Rusoro Mining announce that it has formally completed landmark agreements with MIBAM to custom mill ore from various MINERVEN operations in the El Callao District and to officially begin processing the ore being developed at the Isidora Mine. - A series of contracts will allow Rusoro to process ore at... Read more..
Kinross Gold Corporation and Aurelian Resources Inc. announced that their respective Boards of Directors have approved a business combination by way of a friendly offer by Kinross to acquire 100% of the outstanding common shares of Aurelian, and that they have signed a Support Agreement pursuant to which... Read more..
Aurelian Resources Inc. provided an update regarding Ecuador’s draft mining law and expected political milestones over the coming months in response to shareholder requests. On June 27, 2008 the Ministry of Mines and Petroleum (MMP) announced completion of work on a draft law. Preparation of the... Read more..
Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..
Schnitzer Steel Industries Inc. announced that it has acquired Ponce Resources Inc., of Salinas, Puerto Rico. Ponce is engaged in the business of collecting, processing, and selling ferrous and nonferrous scrap metal and operates at four locations in the Commonwealth of Puerto Rico. Commenting on the... Read more..
Gold Canyon Resources Inc. announce that the Company and its wholly owned subsidiary, Gold Canyon Resources USA Inc., have entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established under the Japanese Ministry... Read more..