IAMGOLD Corporation; Significant Drill Results Reported from Boto, Senegal

July 31, 2008 Category: Gold, Mining Companies

IAMGOLD Corporation as reported by the media that the discovery of multiple zones of significant gold mineralization at its wholly-owned Boto Property in Senegal, West Africa. The Company controls an extensive land package of 630 square kilometres in southeast Senegal covering an important segment of... Read more..

IAMGOLD Corporation on Tanzania Resource Update

July 25, 2008 Category: Gold, Mining Companies

IAMGOLD Corporation has recently published a report saying that an increase in the mineral resources at the Company’s Buckreef Project, located in the Lake Victoria Goldfields of northern Tanzania. Buckreef is an advanced exploration gold project containing 1 million ounces of gold in 16 million... Read more..

IAMGOLD Options Merrex Gold’s Siribaya Gold Project in Mali and Confirms Equity Position in Merrex Gold

December 23, 2008 Category: Gold, Mining Companies, Mining Stock

IAMGOLD Corporation has entered into a definitive Option Agreement to earn a 50% interest in the Siribaya Gold project in Mali, West Africa, which is 100% controlled by Merrex Gold Inc. . IAMGOLD can earn its interest by spending Cdn$10.5 million over four years. As part of the Agreement, IAMGOLD completed... Read more..

Merrex Increases Ownership of Siribaya to 100% and Closes $12,000,000 Option and Private Placement With IAMGOLD

December 23, 2008 Category: Gold, Mining Companies, Zinc

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex has closed its Private Placement and Option Agreement with IAMGOLD Corporation for 50% of Merrex’s Siribaya Gold Project in West Mali, Africa. “We are pleased to have increased our control of Siribaya to 100%... Read more..

IAMGOLD and Orezone Announce Business Combination

December 11, 2008 Category: Mining Companies, Mining Stock

IAMGOLD Corporation and Orezone Resources Inc. jointly announced that they have entered into a definitive arrangement agreement whereby IAMGOLD would acquire, via a plan of arrangement, all of the outstanding common shares of Orezone in a supported, all-share transaction. Total consideration is valued... Read more..

Merrex Reaches $12,000,000 Deal with IAMGOLD for Siribaya

October 21, 2008 Category: Gold, Mining Companies, Zinc

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex and IAMGOLD Corporation have agreed on the commercial terms of an option for 50% of Merrex’s Siribaya Gold Project in West Mali, Africa. $12,000,000 Option and Private Placement The commercial terms of a $12,000,000... Read more..

IAMGOLD on its Acquisition of Doyon Royalty

July 24, 2008 Category: Gold, Mining Companies

IAMGOLD Corporation told the press 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... Read more..

IAMGOLD Announces Acquisition of Doyon Royalty

July 23, 2008 Category: Gold, Gold Prices, Mining Companies, Mining Stock

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..

Canasia Industries Corporation: Reed Lake Work Program Now Underway

January 21, 2009 Category: Copper
Canasia Industries Corporation

Canasia Industries Corporation wishes to announce that it has been notified by the operator that the permit for two grids totaling 24 line kilometres has now been received from the Manitoba government. Line cutting and a surface geophysical survey will commence immediately. The survey will consist of... Read more..

Daleco Resources Corporation Updates Sierra Kaolin Open Pit Clay Mine Project

January 20, 2009 Category: Mining Companies

Gary J. Novinskie, President of Daleco Resources Corporation, announced that Tecumseh Professional Associates, Inc. (Tecumseh), joint venture partner and project manager in conjunction with Daleco’s wholly owned subsidiary, Clean Age Minerals, Inc., has submitted its Environmental Assessment (EA) for... Read more..

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