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..
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..
UC Hub Group, Inc. announce the companies have executed a formal asset acquisition and assignment agreement whereby UC Hub Group, Inc. will acquire certain mining assets from Tri-Star Holdings for stock in UC Hub Group, Inc. These mining contracts and assets include those in Arizona referred to as COS... Read more..
CHAMPION MINERALS INC. announce that a diamond drill rig has been mobilized to the Company’s Gullbridge and Powderhorn Base Metals Properties in the Buchans Mining Camp of central Newfoundland. Drilling will consist of a three hole 1,600m program. The planned drill holes are targeting three of... Read more..
Jasper Mining Corporation has reviewed metal prices used for the purposes of a copper equivalency (”Cu. EQ.”) calculation. To date, prices from the September 8 – 14, 2008 issue of The Northern Miner were utilized, however, the prices of both copper and molybdenum have since fallen markedly.... Read more..
Wallbridge Mining Company Limited announced that Wallbridge and its joint venture partner major platinum producer Lonmin Plc, have approved C$1.5 million of funding to carry out the 2009 work program on the Wallbridge/Lonmin Sudbury Camp Joint Venture (”SCJV”) properties. The funding provides... Read more..
STILLWATER MINING COMPANY announced immediate plans to restructure its operations and reduce and redeploy portions of its workforce. The move is largely focused on the Company’s East Boulder Mine operations south of Big Timber, although the Company’s Stillwater Mine at Nye, Columbus Metallurgical... Read more..
Hidalgo Mining International (Other OTC:HMIT.PK – News), an innovative mining company headquartered in Port Washington, N.Y., announced that it has signed a Letter of Intent with North Bay Resources Inc. to enter into a joint venture for the development of North Bay’s Silver Leaf Property.... Read more..
Southern Hemisphere Mining announce that the company has identified a manganese opportunity located 170 km inland from the Port of Arica, Northern Chile. The company believes that this opportunity has the potential to be a significant manganese resource. Los Pumas Project – Background This manganese... Read more..
Constitution Mining Corp announces the initial results from its property-wide grab sampling program covering the Cajon Grande prospect within the 14,222 hectare Cerro Amarillo property. The property contains two precious metal-rich porphyry systems (Cerro Amarillo and Cajon Grande) and four colour anomalies... Read more..