Pershimco Announces Closing of First Tranche of Private Placement

PERSHIMCO RESOURCES INC. announce the closing of the first tranche of a non brokered flow-through private placement for a total of C$ 250,000 to a number of individual investors for a subscription price of C$ 1,000 per unit, that is C$ 0,25 per common shares, subject to the final approval of the TSX... Read more..

Endeavour Silver Production Jumps as Forecast in 3rd Quarter, 2008; Produces 625,924 oz Silver, up 21% Over Q2, 2008

Endeavour Silver Corp. announces that the Company’s silver production jumped as forecast in the Third Quarter, 2008, totalling 625,924 oz silver, up 21% over Q2, 2008. Gold production also rose in the 3rd Quarter, up 40% to 2,465 oz compared to Q2, 2008, resulting in silver equivalent production... Read more..

Capital Gold Announces Record Gold Production at Its El Chanate Mine

Capital Gold announced that the Company produced 4,350 ounces of gold in September at its El Chanate mine in Sonora, Mexico, bringing the combined production for August and September to a record two month total of 9,100 ounces, over 1,000 ounces more than any previous two months. Meanwhile cash costs... Read more..

Tube City IMS, LLC Opens Trading Office in Vietnam

Tube City IMS, LLC, a service provider to steel mills and foundries throughout the world, today announced that it has opened its first representative trading office in Ho Chi Minh City, Vietnam. J. David Aronson, President – Raw Materials and Optimization Group, said Vietnam is an increasingly... Read more..

Tag: iron city ims, gold tube, david aronson tube city, gold tube c ty, tube 08 viet nam

Pershimco Initiates Bulk Sampling at Courville Gold Project for Metallurgical Study and Announces a Private Placement

PERSHIMCO RESOURCES INC. report that the Corporation has initiated surface work to extract a minimum 2,500 tons bulk sample from the Thibodeau Intrusive Complex (the “TIC”) on its wholly owned Courville Gold Project, in the Val-d’Or-Malartic Mining Camp. The excavation work follows... Read more..

Gammon Gold Announces Appointment of Senior Vice President of Exploration and Business Development

Gammon Gold Inc. announce the appointment of Mr. Peter Drobeck, as Senior Vice President of Exploration & Business Development. Mr. Peter Drobeck will assume the role of Senior Vice President of Exploration & Business Development effective October 15, 2008. Mr. Drobeck brings with him over... Read more..

Elray Resources Appoints Project Consultants for Gold Mining Ventures

Elray Resources, Inc., a technically driven gold and precious mineral exploration company, announced today that it has appointed a project team responsible for its ventures in Cambodia and worldwide to be led by Mr. Grant Roberts and Mr. Tony McDougal. Mr. Grant Roberts is a geologist with 28 years experience... Read more..

Tag: elray resources

Gold Resource Corporation Intercepts 1.1M of 26.89G/T Gold and 1323G/T Silver (2.15 Oz/T Gold Equivalent) Within 3.4M of 36.07G/T (1.16 Oz/T Gold Equivalent) at El Aguila Project

Gold Resource Corporation reports two greater that 2 ounce gold equivalent (AuEq) intercepts including 1 meter of 26.89 g/t gold and 1323 g/t silver (2.15 oz/t AuEq) within 3.4 meters of 36.07 g/t (1.16 oz /tonne) AuEq in a possible third vein at its Arista deposit. The Arista deposit is part of GRC’s... Read more..

First Majestic Silver Corp.: Many Positive Developments Underway

President and CEO Keith Neumeyer commented at the Denver Gold Show in Colorado and the Hard Asset Conference in Las Vegas this week that with the shares now trading at close to three year lows that the fundamentals of our business are not being recognized. He further commented that, “Severe market... Read more..

Paramount Gold and Silver Corp. Remains Positive on Underlying Asset Value of Properties

Paramount Gold and Silver Corp. President and CEO, Christopher Crupi, commented today that despite overall market declines in mining stocks, that he remains encouraged with the success of the Company’s exploration program and the overall strength of the mining sector. “Day to day fluctuations... Read more..