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

February 17, 2009 Category: Mining Companies
Mexivada starts diamond mining at Kono

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 Announces Project Updates and Plans for 2009

January 26, 2009 Category: Gold, Mining Companies
Midway Gold

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. Acquires Mining Assets From Tri-Star Holdings, Inc.

January 7, 2009 Category: Mining Equipment

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 Commences Diamond Drilling to Test New Combined Gravity-Magnetic Anomalies at Gullbridge and Powderhorn Properties in Buchans Mining Camp

January 7, 2009 Category: Gold, Mining Companies, Silver

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 – Significant high grade results from diamond drill program on Isintok property

December 13, 2008 Category: Copper, Gold, Gold Prices, Mining Companies, Silver

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 and Lonmin Approve $1.5 million for 2009 Sudbury Camp Joint Venture Exploration Program

December 8, 2008 Category: Copper, Nickel, Platinum

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 Completes Review of Operations: Will Restructure Operations and Reduce Workforce

November 18, 2008 Category: Palladium, Platinum

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 Announces an LOI to Joint Venture North Bay Resources Inc.’s Silver Leaf Property

November 7, 2008 Category: Mining Stock, Silver

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 Identifies Manganese Opportunities in Northern Chile

November 5, 2008 Category: Copper

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 Receives More Positive Results From Its Cerro Amarillo Property, Mendoza Province, Argentina

October 30, 2008 Category: Gold, Mining Companies, Silver

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..

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