TIN PRICE CRASHED DOWN TO US$22,540 PER TONNE

As reported by the media that the Tin price on the Kuala Lumpur Tin Market (KLTM) fell sharply by US$655 to US$22,540 per tonne today following a steep downtrend on the London Metal Exchange (LME), dealers said. They said expectations of a weaker economic growth has reduced demand for industrial metals,... Read more..

Brazauro Resources Corporation: Amendment to the Expiry Date and the Exercise Price of Warrants

Brazauro Resources Corporation will seek approval from the TSX Venture Exchange to amend the 9,026,666 outstanding share purchase warrants of the Company (the “Warrants”) originally issued pursuant to private placements of Units of the Company. A total of 4,626,666 Warrants originally issued on March... Read more..

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Nirek Reduces Bid for Century by 10%

Nirek Resources Inc. Nirek as of today’s date, after analysis, has amended its offer to reduce the percentage of shares it is seeking to acquire in Century. Nirek is now offering to purchase 18% of the outstanding shares of Century Mining Corporation , a 10% reduction from its original offer. All... Read more..

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Shoreham Farms Out Black Banana Gold Project in Guyana

Shoreham Resources Ltd., a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce that the company has signed a Letter of Intent (”LOI”) with Mulgravian Ventures Corporation (a... Read more..

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Beeston Delays Exploration on Ruth Lake Property

Beeston Enterprises Ltd. announces that is has delayed its 2008 exploration program planned for the Ruth Lake property near 100 Mile House, British Columbia, Canada into 2009. The property is favourably situated along the Quesnel Trough, a renowned geologic belt that hosts numerous base and precious... Read more..

Fronteer Announces Intention to Acquire Aurora Energy Resources Inc.

Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own. Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The... Read more..

Cogitore Resources Inc. Files Estrades Project Feasibility Study

COGITORE Resources Inc. announces that it has filed on SEDAR the feasibility study by engineering firm GENIVAR on the company’s 100% owned Estrades Mining Lease in northwestern Quebec. The study is in the form of a NI43-101 compliant Technical Report and consists of an exhaustive evaluation of... 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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Duluth Metals Continues to Receive Wide Significant Mineralized Intersections on Nokomis Deposit Drilling

Duluth Metals Limited announced significant new assays for 15 holes drilled in the Nokomis Deposit located near Ely, Minnesota. Of particular interest, Hole MEX-141, has expanded the Eastern High Grade Corridor (see October 27, 2008 press release) to the south-west, intersecting a 35.0 foot section of... Read more..

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Stillwater Mining Company Completes Review of Operations: Will Restructure Operations and Reduce Workforce

STILLWATER MINING COMPANY announced immediate plans to restructure its operations and reduce and redeploy portions of its workforce. The move is largely focused on the Company’s East Boulder Mine operations south of Big Timber, although the Company’s Stillwater Mine at Nye, Columbus Metallurgical... Read more..