Radisson Mining Extends Due Diligence Period Under Its Letter of Intent With Aurizon Mines

July 3, 2008 Category: Gold, Mining Companies

On April 14, 2008, Radisson Mining Resources Inc. (CDNX:RDS.V) announced that it had entered into a Letter of Intent (”LOI”) with Aurizon Mines Ltd. (Toronto:ARZ.TO)(AMEX:AZK) which would permit Aurizon to effect its due diligence over a period of 60 days on the O’Brien/Kewagama Property... Read more..

Buenaventura’s Uchucchacua Mine Labor Strike

July 1, 2008 Category: Copper, Gold, Mining Companies

Compania de Minas Buenaventura S.A.A., Peru’s largest publicly-traded precious metals mining company announced today that the National Federation of Mining Unions began a strike today at 00.00 hours. The duration of the strike is undefined and is related to the modification of the workers’... Read more..

Unico, Inc. Announces Reverse Stock Split and New Trading Symbol

July 1, 2008 Category: Copper, Gold, Lead, Mining Companies, Silver, Zinc

Unico, Incorporated (OTC BB:UCOI.OB), a natural resource company in the precious metals mining sector, today announced a reverse split of its issued and outstanding common stock on the basis of one share of common stock to be issued for each 500 shares issued and outstanding. Unico has been assigned... Read more..

Coeur Announces U.S. Supreme Court Agrees to Review Ninth Circuit Court Ruling on Kensington Tailings Permit

June 29, 2008 Category: Gold, Lead, Mining Companies, Silver

Coeur d’Alene Mines Corporation announced that the U.S. Supreme Court has granted the State of Alaska and Coeur Alaska’s Petitions for a writ of certiorari to review a Ninth Circuit Court of Appeals decision relating to the Kensington 404 tailings permit. The announcement came after the State of... Read more..

Cardero Intersects Significant Near-Surface Silver Mineralization at La Poma Project, NW Argentina

June 28, 2008 Category: Gold, Mining Companies

Golden Star Resources Ltd. announced that the cost of power from the national grid in Ghana will be increased as a result of higher world oil prices. A decision of the Public Utilities Regulatory Committee (PURC) has been made public announcing an increase of power rates to high voltage customers, particularly... Read more..

Minera Andes Exploration program increases the size of the Los Azules porphyry copper target

June 28, 2008 Category: Copper, Gold, Mining Companies

Minera Andes Inc. is pleased to report that the final results from core holes drilled during the 2007-2008 exploration field season at the Los Azules porphyry copper project confirm that the copper target is open to the north. Several positive indicators including hole AZ-08-37A drilled at the northern... Read more..

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June 28, 2008 Category: Gold

Gold Mining News – Precious Metal and Base Metal Mining Exploration Industry.  Read More →

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