A Worthless Dollar in 2009 Predicts Expert Kevin DeMeritt, President of Lear Capital

In 2009, investors can look forward to a worthless dollar, according to Kevin DeMeritt, president of Lear Capital. The Fed is going to print more and more money while spending trillions on stimulus packages. Interest rates are at their lowest in history. This will all add up to a worthless dollar with... Read more..

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Standard & Poor’s Initiates Factual Stock Report Coverage on VG Gold Corp.

Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on VG Gold Corp. VG Gold Corp. (TS:VG), in the exploration stage as of June 30, 2008, explores and develops gold properties in Timmins, Ontario, Canada and seeks to acquire additional gold properties in the Timmins... Read more..

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Unico, Incorporated; Purchase More Than Doubles Common Stock Position for Chairman Ray C. Brown

Unico, Incorporated, a natural resource company in the precious metals mining sector, told the press that the company has just announced that on July 21, 2008, chairman Ray C. Brown purchased 39,768 shares of Unico common stock at a price of $0.096 per share. The purchase brings the total number of common... Read more..

Cleveland-Cliffs Declares Regular Cash Dividend on Common Stock

Cleveland-Cliffs Inc announced that its Board of Directors has declared a regular quarterly cash dividend of $0.0875 per common share. The cash dividend will be payable on Sept. 2, 2008, to shareholders of record as of the close of business on Aug. 15, 2008. The cash dividend has been adjusted pursuant... Read more..

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

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..

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Zaruma Resources reports TSX reviewing Listing

Zaruma Resources Inc., announced that it has been advised by the Toronto Stock Exchange that the TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company. It is the Company’s understanding that the TSX is primarily concerned with the Company’s... 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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Infill drilling program completed at Joanna – 116 grams of gold per tonne over 2.7 metres intersected

Aurizon Mines Ltd. announce the completion of an important infill drill program at its Joanna project, located 20 kilometres from Rouyn-Noranda, in north-western, Quebec. Four hundred sixty-three (463) holes totalling 134,489 metres have been completed by Aurizon at Joanna, with the objective of confirming... Read more..

Cardero Commences Metallurgical Program for Pampa El Toro Iron Sand Project, Marcona District, Southern Peru

Cardero Resource Corp. to the world-class Pampa De Pongo iron deposit which the Company has recently sold to a Chinese group for USD 200 million. The Company is currently undertaking a pilot-scale pig iron production program using Pampa El Toro (PET) iron ore concentrate produced from Cardero’s... Read more..

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Cardero Provides Update on the Pampa El Toro Iron Sand Project, Marcona District, Southern Peru

Cardero Resource Corp. provide an update on the Pampa El Toro (PET) iron sands project, located in the Marcona district, Peru. Cardero is currently focusing on two production scenarios for PET iron concentrate, involving near-term iron concentrate production and medium-term pig iron production. The first... Read more..