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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Midway Gold Announces Project Updates and Plans for 2009

Midway Gold Corp. announce 2009 work plans will primarily be focused on the Golden Eagle project in Washington and the Midway project in Nevada. Exploration at the Spring Valley project is expected to continue under a proposed earn-in agreement, previously announced (PR October 20, 2008). The Thunder... Read more..

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Nirek Reduces Bid for Century by 10%

Nirek Resources Inc. Nirek as of today’s date, after analysis, has amended its offer to reduce the percentage of shares it is seeking to acquire in Century. Nirek is now offering to purchase 18% of the outstanding shares of Century Mining Corporation , a 10% reduction from its original offer. All... Read more..

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Beeston Delays Exploration on Ruth Lake Property

Beeston Enterprises Ltd. announces that is has delayed its 2008 exploration program planned for the Ruth Lake property near 100 Mile House, British Columbia, Canada into 2009. The property is favourably situated along the Quesnel Trough, a renowned geologic belt that hosts numerous base and precious... 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..

Kimber’s F-3 shelf registration statement becomes effective for future financings in the United States

Kimber Resources Inc. received confirmation from the United States Securities and Exchange Commission that the registration statement on Form F-3, previously filed in June 2008, has become effective as of November 18, 2008. This effective registration statement allows the Company to make public offerings... Read more..

Silverstone Purchases Life of Mine Gold and Silver From Sherwood Copper Corporation’s Minto Mine

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..

McGladrey Capital Markets Leads Negotiations as Böhler Uddeholm AG Acquires Summerville Steel Company

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..

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..

Augusta Announces Corporate Initiatives-Retains TD Securities as Advisor

Augusta Resource Corporation announces that it has received significant strategic interest regarding the Company’s 100% owned Rosemont Copper/Molybdenum project in southern Arizona. As such, the Company has retained TD Securities Inc. as its financial advisor to assist in assessing the various... Read more..