Klondike Gold Corp.-2008 Exploration Update: Precious Metal Projects

Klondike Gold Corp. announced its updated 2008 exploration program on several precious metal projects in the Kootenays of southeastern British Columbia. These include the Clubine, a past-producing polymetallic silver vein camp just north of Salmo, the gold-copper Red Point property just east of the Rossland... Read more..

South Africa; ‘Mined Out’

As it reported by the street.com wondering whether South Africa is mine out or not. it is also said that Diamonds aren’t forever. Just ask John J. Teeling, executive chairman of Dublin-based exploration company African Diamonds. During a panel discussion on mining and natural resources at the recent... Read more..

Verena Minerals Corporation Retains Renmark Financial Communications Inc.

Verena Minerals Corporation is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. “We are pleased to announce that we have selected Renmark to reinforce Verena Minerals’ profile in the financial community... Read more..

Alcan Packaging to acquire cosmetic tubes facility in Russia

Alcan Packaging, part of Rio Tinto Alcan, announced that its Global Beauty division has signed a Share Purchase Agreement to acquire the Tubapak cosmetic tubes manufacturing facility in Russia. “This acquisition illustrates our growth strategy”, said Ilene S. Gordon, president and CEO, Alcan... Read more..

Rio Tinto Alcan initiates CDN$200 million Canada fund

Rio Tinto Alcan has initiated formation of the previously announced CDN$200 million fund to support communities in Canada. Named the Rio Tinto Alcan Canada Fund, this is a major step in the fulfilment of Rio Tinto’s promise to continue the former Alcan’s commitments to communities in which... Read more..

Rio Tinto Reaches Agreement to Sell Its Kintyre Uranium Project For US$495 Million

Rio Tinto has signed an agreement to sell the Kintyre uranium project located in Western Australia to a joint venture consortium comprising subsidiaries of Cameco Corporation and Mitsubishi Development Pty Ltd for US$495 million. Guy Elliott, chief financial officer of Rio Tinto, said, “This sale brings... Read more..

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..