Scorpio Gold Corporation signs letter of intent with Cincoro Capital Corp. for qualifying transaction

Scorpio Mining Corporation is pleased to announce that Scorpio Gold Corporation (”Scorpio Gold”) a 93.5% owned private subsidiary of Scorpio Mining, which holds certain gold assets in Nova Scotia and Quebec, has signed a Letter of Intent (”LOI”) with Cincoro Gold Corp. (”Cincoro”,... Read more..

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Atna Reports 2nd Quarter Progress at Pinson Gold Project, Nevada

Atna Resources Ltd., report on activity at the Pinson Gold Mine in Humboldt County, Nevada. Pinson Mining Company (”PMC”), a subsidiary of Barrick Gold, spent US$5.2 million on drilling and development activities at Pinson in the second quarter of 2008 bringing their total project-to-date... Read more..

VIPR Industries Appoints Senior Geologist to Lead Gold and Uranium Exploration

VIPR Industries Inc. announced the appointment of geologist and geophysicist Mr. Jonas Mwano as Chief Senior Geological Consultant. Mr. Mwano will apply his extensive mineral exploration expertise and in-depth regional knowledge to lead the exploration and development of VIPR’s gold and uranium... Read more..

Gold Fields Limited Improves Operational Performance Due to Stabilization of Power Supplies in South Africa

Gold Fields Limited just published a report saying that net earnings for the June 2008 quarter of R843 million, compared with earnings of R1,248 million and R528 million for the March 2008 and the June 2007 quarters respectively. In US dollar terms net earnings for the June 2008 quarter were US$105 million,... Read more..

Skyharbour and Cypress Provide Update on their Red Lake/Bruce Channel Drill Program, NW Ontario

Skyharbour Resources Ltd. and Cypress Development Corp. are pleased to issue an update on their Red Lake/Bruce Channel drill program. The plan for this ongoing drill program is to explore the southern extension of the Bruce Channel deposit, which is being developed by Gold Eagle Mines Ltd. The Bruce... Read more..

NovaGold Resources Inc. to sell NovaGreenPower for $40 Million

NovaGold Resources Inc has published a report saying that it has reached a binding agreement to sell 100% of its NovaGreenPower subsidiary for up to $40 million to AltaGas Ltd., a Calgary based energy infrastructure company. NovaGreenPower owns several development-stage run-of-river hydroelectric projects... Read more..

Tamerlane Receives Land Use Permit For Its Pine Point Project

Tamerlane Ventures Inc. announced today that it has been issued a Type A Land Use Permit by the Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Mackenzie Valley Resource Management Act. The MVLWB approved the Land Use Permit for a period of five years commencing July 29, 2008 and... Read more..

Goldcorp Consolidates Red Lake District With $1.5 Billion Acquisition of Gold Eagle

Goldcorp Inc. announced an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle. Gold Eagle’s principal asset is the world class Bruce Channel gold discovery which is situated along the prolific Red Lake Trend, adjacent to Goldcorp’s... Read more..

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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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