North American Palladium Announces Temporary Closure of Lac Des Iles Mine Due to Depressed Metal Prices

North American Palladium Ltd. announced that due to declining metal prices it will temporarily place its Lac des Iles Mine (LDI) in Thunder Bay, Ontario on a care and maintenance basis effective October 29, 2008. The closure will result in the layoff of approximately 350 employees. Details for a conference... Read more..

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Klondike Gold Corp.-2008 Exploration Update: Precious Metal Projects

Klondike Gold Corp. announced its updated 2008 exploration program on several precious metal projects in the Kootenays of southeastern British Columbia. These include the Clubine, a past-producing polymetallic silver vein camp just north of Salmo, the gold-copper Red Point property just east of the Rossland... 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..

Jasper Mining Corporation – Significant high grade results from diamond drill program on Isintok property

Jasper Mining Corporation has reviewed metal prices used for the purposes of a copper equivalency (”Cu. EQ.”) calculation. To date, prices from the September 8 – 14, 2008 issue of The Northern Miner were utilized, however, the prices of both copper and molybdenum have since fallen markedly.... Read more..

BACE Leads the Way – Reduces Prices to Customers Following Steel Trends

BACE, a leading manufacturer of heavy duty balers and compactors for use in the recycling and waste management industry, announces that effective immediately it has reduced its prices on all products to reflect the current reduction in steel costs. “BACE has always placed our customers first. As steel... Read more..

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..

Dia Bras Increases Resources at its Bolivar Cu-Zn Project and Plans New Mill on Site

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..

Aura Silver Reports High Grade Copper, Zinc and Precious Metal Samples from Greyhound Lake Project

Aura Silver Resources Inc. announce results of a field program undertaken in August on the Greyhound Lake project in Nunavut. Samples collected during the field work contained up to 4.1% copper (Cu), 13.4% zinc (Zn), 8% lead (Pb), 2800 grams per tonne (g/t) silver (Ag) and 28g/t gold (Au). The mineralization... Read more..