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Random News from Gold Mining News

Silverado Announces Results of Preliminary Feasibility Study on Workman’s Bench Gold and Antimony Deposit at Nolan Creek

…  Gold Mines Ltd. SLGLF OTCBB, SLGL Frankfurt, www.silverado.com, is pleased to …  2008, and was performed by Thomas K. Bundtzen (”Bundtzen”) of Pacific Rim Geological Consulting Inc., an independent mining consultant. …  a lode gold and antimony deposit in the southwestern part of the Solomon Shear Zone, which is located on the Company’s Nolan Creek …

January 5th, 2009

NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

…  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 …  that it will, in the ordinary course, commence a de-listing review. The Company believes that, upon completion of the offering, it …

January 3rd, 2009

China Fire Signs New Contracts with Anshan Iron & Steel Group Corporation

…  has signed two total solution contracts with Anshan Iron & Steel Group Corporation, for a total value of approximately USD$4.4 million. Anshan Iron & Steel Group Corporation is …

January 2nd, 2009

Entrenched Gold Reserve Management Continues to Attempt to Disenfranchise Its Own Shareholders

…  Mining Ltd. has learned by way of Gold Reserve Inc. press release issued on or …  not disenfranchised.” As of December 12, 2008 (the last trading day before the Bid was announced), the Bid represented a value of …

December 29th, 2008

Ateba Resources Inc. Announces Revocation of Cease Trade Orders

…  periods ended March 31, June 30, and September 30 for each of the fiscal periods 1999 through 2001. The Company has now met its …  shares of the Company (the “Shares”) are currently not listed or quoted on any exchange or market in Canada or elsewhere. The Shares …

December 24th, 2008

Nirek Reduces Bid for Century by 10%

…  Resources Inc. Nirek as of today’s date, after analysis, has amended its offer to reduce the percentage of shares it is seeking to acquire in Century. …

December 24th, 2008

Fronteer Development Group Inc.: Regional Drilling at Halilaga Intersects New Areas of Copper-Gold Mineralization

…  copper-gold mineralization, reinforcing the prospectivity of this emerging mineral belt. Teck Cominco Limited’s Turkish subsidiary, …  Halilaga and two gold deposits (Agi Dagi and Kirazli). The companies have first-mover status in the region, having collectively …

December 23rd, 2008

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

…  Corporation has entered into a definitive Option Agreement to earn a 50% interest in the Siribaya Gold …  by spending Cdn$10.5 million over four years. As part of the Agreement, IAMGOLD completed a private placement of Cdn$1.5 million in Merrex by subscribing for 4,285,714 units at $0.35 per …

December 23rd, 2008

Sutor Enters into Exclusive Sales Agent Agreement with Ukraine-China Communication Ltd.

…  Technology Group Limited, a leading provider of steel finishing fabrication products in China, announced that …

December 23rd, 2008

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

…  Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex has closed its Private Placement and …  exploration project, IAMGOLD was at the top of our list of potential partners. IAMGOLD is making a financial investment in …  of the difficult financial times facing junior exploration companies. We expect that IAMGOLD will be a terrific partner and we are looking …

December 23rd, 2008