Cardero Agrees to Sell Pampa de Pongo Iron Ore Deposit to Nanjinzhao Group Co., Ltd. for USD 200 Million

Cardero Resource Corp. announce that it has entered into an agreement with Nanjinzhao Group Co., Ltd., a private Chinese enterprise located in Zibo City, Shandong Province, PRC, whereby Cardero Hierro del Peru, S.A.C., the holder of the Pampa de Pongo Iron Property, will sell its 100% interest to Nanjinzhao... Read more..

Pinnacle Mines Ltd. Launches Scoping Review at its Silver Coin Gold Deposit near Stewart, B.C.

Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver... Read more..

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Trinity Comes Up With a Large Copper-Gold-Silver Play at its Manarsa Tres Property, Northern Peru

TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department... Read more..

Tag: parcoy mine peru, gold mining, silver mining, goldmining, trinity copper mine

Ameron International Appoints Richard Mueller President of Water Transmission Group

Ameron International Corporation announced the appointment of Richard I. Mueller as Group President of the Water Transmission Group effective January 19, 2009. In his new position, Mueller will report to Gary Wagner, Ameron’s President and Chief Operating Officer. Mueller had been Senior Vice President... Read more..

Tag: gold ameron

UC Hub Group, Inc. Acquires Mining Assets From Tri-Star Holdings, Inc.

UC Hub Group, Inc. announce the companies have executed a formal asset acquisition and assignment agreement whereby UC Hub Group, Inc. will acquire certain mining assets from Tri-Star Holdings for stock in UC Hub Group, Inc. These mining contracts and assets include those in Arizona referred to as COS... Read more..

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

China Fire & Security Group, Inc., a leading industrial fire protection product and solution provider in China, announced today that the Company has signed two total solution contracts with Anshan Iron & Steel Group Corporation, for a total value of approximately USD$4.4 million. Anshan Iron... Read more..

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

Fronteer Development Group Inc. announce that widely spaced regional drilling at its Halilaga Project in northwestern Turkey has intersected encouraging new copper-gold mineralization, reinforcing the prospectivity of this emerging mineral belt. Teck Cominco Limited’s Turkish subsidiary, Fronteer’s... Read more..

Pacific North West Capital Corp. Options Fiedmont Platinum Group Metals (PGM) Property

Pacific North West Capital Corp. announce that the Company has entered into an Option Agreement with Kinbauri Gold Corp. whereby PFN may earn a 60% interest in Kinbauri’s Fiedmont Property subject to a 2% NSR held by the original vendors; the vendor’s NSR is subject to a one percent, $900,000... Read more..

BE Group AB: Be Group Implements Savings Programme to Meet Rapidly Falling Demand

On account of reduced demand and uncertain market prospects, BE Group is implementing a cost saving programme. The aim is to reduce total annual costs by approximately SEK 100 million over a two-year period. The number of employees is expected to be reduced by around 120 and the reduction will be implemented... Read more..

Matamec Closes a Private Placement With the MineralFields Group

Matamec Explorations Inc. announce the completion of a private placement with the MineralFields Group for gross proceeds of $175,000 consisting of a total of 2,500,000 flow-through units at a price of $0.07 per unit. The private placement closed on October 27, 2008. Each flow-through unit consists of... Read more..