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..

Eldorado Gold Corporation Announces Sale of Sao Bento Mine

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation announced that Eldorado has entered into a letter agreement (the “Agreement”) with AngloGold Ashanti (”AngloGold”) for the sale of all the shares of Sao Bento Gold Limited (”SBGL”) together... Read more..

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Eldorado Gold Corporation on Sale of Sao Bento Mine

President and Chief Executive Officer of Eldorado Gold Corporation, Paul N. Wright, has recently told the press that Eldorado has entered into a letter agreement (the “Agreement”) with AngloGold Ashanti (”AngloGold”) for the sale of all the shares of Sao Bento Gold Limited (”SBGL”)... Read more..

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NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

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Tournigan Arranges Sale of Non-Core Assets in Northern Ireland and the USA

Tournigan Energy Ltd. has arranged to sell its wholly-owned subsidiaries Dalradian Gold Limited (”Dalradian”) and Tournigan USA Inc. (”TVC-USA”). Tournigan has signed a letter agreement with C3 Resources Inc. (”C3″) whereby C3 will acquire Dalradian for C$13 million... Read more..

Buffalo Gold Receives Resource Estimate for Furtei Mine

Brian McEwen, President and CEO of Buffalo Gold Ltd. announce the first NI 43-101 compliant resource estimate at the Furtei gold mine in Sardinia, Italy. The resource estimate includes Measured and Indicated sulphide resources of 425,800 ounces gold, including 5.73 million tonnes at 2.3 g/t gold, 0.24%... Read more..

Hunt Gold Corporation – Exploration Update on Mockingbird Gold Mine

Hunt Gold Corporation confirms that is commencing further exploration work on its Mockingbird Gold Mine, in early September of 2008. – Immediate further exploration work to identify drill sites – Actual Drilling to commence by January of 2009 – Intention is to substantially increase... Read more..

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Buffalo Gold Sells Concentrate for Life of Furtei Mine

Brian McEwen, President and CEO of Buffalo Gold Ltd., is pleased to report that Buffalo is extending its concentrate sales agreement with MRI Trading AG (”MRI”) of Zug, Switzerland to include all concentrates for the life of the Furtei Mine in Sardinia. As previously reported in Buffalo News... Read more..

Cameco Reaches Agreement With Kyrgyz Government

Cameco Corporation announced that the company and Centerra Gold Inc. have signed an agreement with the Kyrgyz government that resolves all outstanding issues with respect to the Kumtor gold mine. The agreement is expected to further align the parties’ business interests and provide additional certainty... Read more..

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Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... Read more..

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