Apex Silver Announces Letter of Intent for Sale of San Cristobal Mine to Sumitomo

Apex Silver Mines Limited announced that it has entered into a non-binding letter of intent with Sumitomo Corporation providing for the sale of Apex Silver’s interest in the San Cristóbal mine to Sumitomo for a cash purchase price of $22.5 million. Apex Silver would continue to manage the mine... Read more..

Golden Share Starts Drilling on Elwood Property and Initiates Stripping Program on Pistol Lake Property

Golden Share Mining Corporation provide an update on the recent developments of its 2008 exploration program in Ontario, Canada. Elwood property Diamond drilling was initiated on November 2nd on the Elwood property. This first drilling program targets the U Zone, a massive quartz vein structure hosted... Read more..

Luna Gold announces private placement of C$2 million and reorganization and cost cutting measures

The Company has arranged a non-brokered private placement of Units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000, subject to the approval of the TSX Venture Exchange. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the... Read more..

Golden Share Options the Pistol Lake Gold Property in the Shebandowan Belt, Ontario, Canada

Golden Share Mining Corporation announce that it has entered into an option agreement dated October 9th 2008 with a local property owner to acquire a 100% interest in the 29 claim (122 claim unit), 26.9 km2 Pistol Lake Gold Property located in Northwestern Ontario, Canada. The Pistol Lake property is... Read more..

Golden Share Mining Corporation: Drilling Campaign Underway and Scoping Study Initiated on Forsan Property

Golden Share Mining Corporation provide an update on its on-going development program of the Forsan property. A 2,000 m diamond drilling campaign was initiated at the end of September and is presently underway. The drilling will investigate: - The new mineralized Forsan Southwest Zone (”FSZ”),... Read more..

Golden Share Reports Results of Summer 2008 Program on Elwood and Acquisition of a New 15 Km2 Claim Bloc by Staking

Golden Share Mining Corporation announce the results of the summer 2008 work surface program on its Elwood property. A first surface reconnaissance program was carried out between mid-July and early August 2008. The work consisted in re-localization of previous work, surface follow-up on new IP anomalies,... Read more..

Golden Share Starts Drilling on Malartic Lakeshore Property and Advances Development of Its Mining Properties

Golden Share Mining Corporation announce the start-up of drilling activities on its Malartic Lakeshore property as well as the continued development of its other mining properties Malartic Lakeshore property The stripping program is now completed and the exposed areas have been channel sampled and mapped... Read more..

Industrial conglomerate Siemens says 3Q profit falls 31 percent as sales increase

Industrial conglomerate Siemens AG has recently told the press that its third-quarter profit fell 31 percent from the same period a year ago, but was buoyed by better orders for power plants. The company, which makes a wide range of products including trains, light bulbs, medical equipment and power... Read more..