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..
Gary J. Novinskie, President of Daleco Resources Corporation, announced that Tecumseh Professional Associates, Inc. (Tecumseh), joint venture partner and project manager in conjunction with Daleco’s wholly owned subsidiary, Clean Age Minerals, Inc., has submitted its Environmental Assessment (EA) for... Read more..
Western Sierra Mining Corp. released preliminary ore refining data from production sites at the Gold Basin Mine currently being processed. Specifically, the initial production results from its “Site 76″ at the Gold Basin Mine are producing .75 grams gold per yard of processed ore. Michael... Read more..
Metalline Mining Company is pleased to announce that a new resource model has been completed on the Sierra Mojada, Coahuila, Mexico Oxide Zinc mineralization. The new model was completed by world-recognized Pincock, Allen, and Holt, and more than doubles the amount of zinc present in the deposit. The... Read more..
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..
Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers... Read more..
Maya Gold & Silver Inc. announce Guy Goulet nomination as President of the company. In 1986, Guy Goulet graduated with an engineering degree in geology from l’Ecole Polytechnique de Montreal. Mr. Goulet has sat on several boards of directors for both public and private companies over the past... Read more..
Dia Bras Exploration announce that it has received an updated Resource Evaluation for the Bolivar Cu-Zn Project, effective September 25th, 2008 and dated October 31st, 2008 that was conducted by Yann Camus, P. Eng. Geo., from SGS Geostat Ltd., independent Qualified Person under NI 43-101 standards. “The... Read more..
Apollo Gold Corporation give an update on the status of activities related to commencement of mining at its 100% owned Black Fox Project (“Black Fox”) located near Timmins, Ontario, Canada. Since April 2008, when Apollo completed the feasibility study on the Black Fox mine, it has made progress on... Read more..
Apollo Gold Corporation announces that it has prepaid US$1,952,000 of the US$4,789,000 balance outstanding under the facilities agreement with RMB Australia Holding Limited (“RMB”) from proceeds of unwinding part of its hedge position as more fully described below. On October 12, 2007, Apollo entered... Read more..