Cardero Commences Metallurgical Program for Pampa El Toro Iron Sand Project, Marcona District, Southern Peru

Cardero Resource Corp. to the world-class Pampa De Pongo iron deposit which the Company has recently sold to a Chinese group for USD 200 million. The Company is currently undertaking a pilot-scale pig iron production program using Pampa El Toro (PET) iron ore concentrate produced from Cardero’s... Read more..

Tag: gold plant flow sheet, cardero resources pampa el torro peru, cardero flow sheet, flow sheet marcona

Alexis Pours Additional 5,860 Ounces Gold & Achieves Commercial Production at Lac Herbin Mine, Val d’Or, Quebec

ALEXIS MINERALS COPORATION announces that its first gold mine at Lac Herbin, Val d’Or, Quebec, has achieved Commercial Production effective October 1, 2008. As previously reported, the Lac Herbin Gold Mine is on schedule to be at Full Production this quarter and meet its previous guidance of 17,000... Read more..

MacMillan Gold and Duran Ventures Report Aguila Hole 11 604.3 Metres Averaging 0.718% Copper Equivalence

George A. Brown, CEO of both Duran Ventures Inc. and MacMillan Gold Corp. , is pleased to provide the following update on exploration activities at the Aguila Cu-Mo Target and the Pasacancha Ag-Pb Zn Target. Cary Pothorin, P.Geo., President of Duran Ventures and Minera Aguila de Oro SAC is a Qualified... Read more..

PC Gold Clarifies Disclosure Regarding Gold Zones in October 7, 2008 News Release

As a result of a review by the Ontario Securities Commission is issuing the following news release to clarify its previous disclosure in its news release dated October 7, 2008 relating to the completion of a preliminary 3D model of gold zones in the Shaft 1 area of the past producing Pickle Crow Gold... Read more..

Fortress Financial Group, Inc. Confirms It Is Taking a Stand on the Company’s Investments in Hunt Gold Corporation

Fortress Financial Group, Inc. notes that Hunt Gold Corporation has issued a Press Release today which states that Fortress Financial Group, Inc. is playing “hard ball” with them and that they are very likely subject to a takeover bid. Alan Santini, the CEO of the Company, confirms that “the... Read more..

Carpenter Completes Sale of Metal Shapes Business

Carpenter Technology Corporation announced the completion of the sale of its Rathbone Precision Metals business to Treci S.r.l., controlling company of Calvi Holdings, S.r.l. The sale occurred on June 30, 2008 on a cash and debt-free basis for a price of $17.5 million. Rathbone is engaged in the business... Read more..

Aultra Gold Inc. Announces Corporate Actions to Secure First Round of Financing

Aultra Gold Inc. (OTC BB:AGDI.OB) is pleased to announce that the Company has initiated the process of securing funding to advance the Company’s gold projects. Negotiations have been initiated, and the Company expects to be able to disclose the completion of this funding within the next 45 days.... Read more..

Unico, Inc. Announces Reverse Stock Split and New Trading Symbol

Unico, Incorporated (OTC BB:UCOI.OB), a natural resource company in the precious metals mining sector, today announced a reverse split of its issued and outstanding common stock on the basis of one share of common stock to be issued for each 500 shares issued and outstanding. Unico has been assigned... Read more..

Tag: reverse stock splits gold, reverse stock split, unico inc reverse split, unico reverse split

Lake Victoria Mining Company, Inc.: Exploring for Gold in Tanzania-New International Board Appointed

Lake Victoria Mining Company, Inc. (OTC BB:LVCA.OB) is recruiting a new team with international business, geology and finance experience. Joining the board of directors is Ahmed A. Magoma and Heidi Kalenuik who has also been appointed and accepted as Secretary and Treasurer, effective immediately. Mr.... Read more..

Cardero Intersects Significant Near-Surface Silver Mineralization at La Poma Project, NW Argentina

Golden Star Resources Ltd. announced that the cost of power from the national grid in Ghana will be increased as a result of higher world oil prices. A decision of the Public Utilities Regulatory Committee (PURC) has been made public announcing an increase of power rates to high voltage customers, particularly... Read more..