Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... Read more..

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Mexivada starts diamond mining at Kono, Sierra Leone; Larger diamond found at Lepandza, ROC Congo

Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..

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Gold Canyon Signs Joint Exploration Agreement With JOGMEC

Gold Canyon Resources Inc. announce that the Company and its wholly owned subsidiary, Gold Canyon Resources USA Inc., have entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established under the Japanese Ministry... Read more..

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NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing 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 gross proceeds of US$60 million. Each Unit... Read more..

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Alcoa and ORKLA ASA Agree to Exchange Equity Stakes

Alcoa announced it has agreed with ORKLA ASA to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla... Read more..

Rio Tinto Alcan alters role in Ma’aden aluminium project

Rio Tinto Alcan is revising its participation from an equity partner in the integrated aluminum “mine-to-metal” project in Saudi Arabia to the role of working with Saudi Arabian Mining Company (Ma’aden) towards project development through a smelter technology transfer agreement and... Read more..

BacTech Partners With University of Toronto Researchers to Advance Its Bioleaching Technology

BacTech Mining Corporation announce that is has begun working with University of Toronto researchers, Dr. Grant Ferris and Dr. Chris Kennedy. Dr. Ferris, a Professor in the University’s Department of Geology, is also the Director of the Microbial Geochemistry Laboratory (”MGL”), with... Read more..

Alcoa Chairman Alain Belda Honored By Asia Society for Environmental Leadership

Alcoa announced that Alcoa Chairman Alain Belda was honored by the Asia Society this week for his environmental leadership, including Alcoa’s progress to reduce GHG emissions and address global warming. In accepting the award, Mr. Belda said, “At Alcoa, we see global warming as the sustainability... Read more..

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Marathon Project Receives Support from Pic River First Nation

Marathon PGM Corporation together with Pic River First Nation (”PRFN”) are pleased to announce the signing of mutual letters of support and a Consultation Protocol for the proposed Marathon platinum group metals and copper project. Highlights: – PRFN offers letter of support... Read more..

Discovery of Two New Gold Bearing Structures on Maritime Cadillac Property

Midland Exploration Inc. announce the discovery of two new gold-bearing structures as well as the extension of the Maritime Contact East Horizon on its 100%-owned Maritime Cadillac Property which is currently under an option agreement with Agnico-Eagle Mines Limited (”Agnico-Eagle”). The... Read more..