Fronteer Announces Intention to Acquire Aurora Energy Resources Inc.

Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own. Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The... Read more..

Yale and Enviro Energy Start Work Program at Zacatecas

Yale Resources Ltd. announce that its partner Enviro Energy Capital Corp. has started its first phase work program on the Mina San Jose, Zacatecas and Salvador claims that form the Zacatecas Venture. Yale owns 65% of the Zacatecas Venture with IMPACT Silver Corp. owning the remaining 35%. Enviro has... Read more..

Tag: zacatecas and salvador project, enviro energy capital, enviro energy capital, zacatecas gold, zacatecas gold mining

NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

Tag: mineral electrum, copper creek gold warrants value, tsx warrant rules, mining funding sources, 60 gold company stock price

Alcoa Chairman Alain Belda Honored By Asia Society for Environmental Leadership

Alcoa announced that Alcoa Chairman Alain Belda was honored by the Asia Society this week for his environmental leadership, including Alcoa’s progress to reduce GHG emissions and address global warming. In accepting the award, Mr. Belda said, “At Alcoa, we see global warming as the sustainability... Read more..

Tag: alcoa

Fronteer Hits More Wide Intervals of High-Grade Gold at Long Canyon, Nevada

Fronteer Development Group Inc. announce that ongoing drilling continues to intersect wide intervals of high-grade, oxide gold mineralization at Long Canyon, Nevada. Drill results continue to both expand and further define this growing deposit, demonstrating encouraging consistency and continuity of... Read more..

Vena Resources Discovers High-Grade Coarse Gold at Pucara-Gold/Copper Project in Peru and Expands Development Program

Vena Resources Inc. announce the expansion of the underground and surface development program at the Pucara gold, copper and silver property located 80 kilometres north of Juliaca in the Puno District of southeastern Peru. Pucara is 100% owned by Vena where extensive core drilling has indicated a very... Read more..

Dutch Gold Resources Announces Strategic Acquisition

Dutch Gold Resources, Inc., a developer and operator of proven gold mines and a regional mill in North America, today announced that it has entered in a Memorandum of Understanding to merge with Aultra Gold Resources, Inc. (OTC BB:AGDI.OB – News), a junior gold mining and exploration company with... Read more..

Afri-Can and Deep South Receive Approval From the Ministry of Mines and Energy of Namibia for the Option With Teck Cominco on the Haib Copper Project, Namibia

Afri-Can Marine Minerals Corporation and Deep South Mining (PTY) Ltd. announce that the option and joint venture agreement with Teck Cominco Namibia Ltd., has been approved by the Ministry of Mines and Energy of Namibia. The Agreement is effective on July 28, 2008. The Haib Copper Project in southern... Read more..

WorldAutoSteel Releases Preliminary Styling for Future Steel Vehicle

Future Steel Vehicle (FSV) Programme has produced early styling sketches based on the packaging studies initiated in the Phase I research, which are released today by WorldAutoSteel member companies. FSV’s technical team, which includes EDAG, Quantum Technologies, Inc., SFCV/Tongji and WorldAutoSteel... Read more..

NovaGold Resources Inc. to sell NovaGreenPower for $40 Million

NovaGold Resources Inc has published a report saying that it has reached a binding agreement to sell 100% of its NovaGreenPower subsidiary for up to $40 million to AltaGas Ltd., a Calgary based energy infrastructure company. NovaGreenPower owns several development-stage run-of-river hydroelectric projects... Read more..