MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..
Maya Gold & Silver Inc. announce Guy Goulet nomination as President of the company. In 1986, Guy Goulet graduated with an engineering degree in geology from l’Ecole Polytechnique de Montreal. Mr. Goulet has sat on several boards of directors for both public and private companies over the past... Read more..
Silverstone Resources Corp. announce that it has agreed to acquire 100% of the life-of-mine payable gold and silver production from Sherwood Copper Corporation’s (”Sherwood”) Minto mine located in the Yukon, Canada effective December 1, 2008. With this acquisition, together with Silverstone’s... Read more..
Böhler Uddeholm AG has acquired Kent, Wash.-based Summerville Steel Company, a privately-held distributor of specialty steel products. Transaction terms were not disclosed. McGladrey Capital Markets LLC (www.mcgladreycm.com) initiated the transaction, led the negotiations and acted as the exclusive... Read more..
Honeywell’s Process Solutions business has been selected to upgrade and expand process control systems at Rio Tinto Alcan’s Yarwun alumina refinery in Queensland, Australia. This project is part of the Yarwun Refinery expansion, which will increase smelter-grade alumina production at the... Read more..
Capital Gold Group, Inc. announced today that the number of affiliate radio stations carrying “The Gold Show”, a nationally syndicated radio program featuring its President and CEO, Jonathan C. Rose, RFC, has doubled in the last twelve months. Mr. Rose, an internationally recognized advisor... Read more..
Eaglecrest Explorations Ltd. announced it has completed two gold concentrate shipments from its San Simon project in Bolivia, including bulk sample grades that averaged 4.7 to 6.3 grams per tonne gold in the L463 gold shoot. The gold shipments, Eaglecrest’s eighth and ninth respectively, were received... Read more..
Minera Andes Inc. announced details of production cash costs (in US dollars) at the San Jose mine for the second quarter of 2008. The San Jose project is operated by Minera Santa Cruz S.A. (”MSC”) and is owned 49% by Minera Andes and 51% by Hochschild Mining plc (”Hochschild”)... Read more..
Tornado Gold International Corp. announce it has engaged Canaccord Capital to assist in the listing of the company on the Toronto Stock Exchange and future underwriting of Tornado Gold. Through its principal subsidiaries, Canaccord Capital Inc. is a leading independent full service investment dealer... Read more..
Avnel Gold Mining Ltd. is pleased to announce the appointment of Mr. Firdaus (Fred) Abbasi as Chief Financial Officer with immediate effect. Mr. Abbasi will also act as Avnel’s Corporate Secretary. Mr. Abbasi will be based in London at Avnel’s representative corporate office and undertake... Read more..