Blue Note Makes Significant Gold Discovery in N.B

Blue Note Mining Inc. reports discovering a significant gold occurrence on its Williams Brook property located close to its Caribou Mine near Bathurst, New Brunswick. Drill hole WB-08-11 returned 2.8 meters assaying 11.2 grams of gold per tonne including a half meter section assaying 24.1 grams of gold... Read more..

Tag: blue note caribou goldmine, n b gold mines, caribou mine nb dec

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..

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..

Allied Nevada Gold Corp. to begin Operational Activities at Hycroft Mine

Allied Nevada Gold Corp has recently published a report saying that mining and leaching activities at the Company’s Hycroft Mine have commenced. Ore is being loaded on existing pads, with new pad construction scheduled for completion in the third quarter of 2008. Construction of a new site refinery... Read more..

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..

Allied Nevada Gold Corp on Operational Activities Begin at Hycroft Mine

Allied Nevada Gold Corp has told the press that the company has announce mining and leaching activities at the Company’s Hycroft Mine have commenced. Ore is being loaded on existing pads, with new pad construction scheduled for completion in the third quarter of 2008. Construction of a new site... Read more..

Great Basin Gold Acquires Mill, Updates Operations and Finances

Great Basin Gold Ltd. announces that it has signed an agreement with Metallic Ventures Gold Inc, whereby the Company will purchase the Esmeralda processing plant (”Mill”) in Nevada, inclusive of the Esmeralda mine and infrastructure for US$2 million. The Company’s decision to purchase... Read more..

Firstgold Begins Crushing at Relief Canyon

Firstgold Corp. announced that it has begun crushing and laying overliner material at the Relief Canyon Mine. The overliner is a layer of crushed rock that covers the primary HDPE liner and perforated piping. It allows for fluid flow and is an essential part of the heap leach process. Founder/COO Scott... Read more..

Petaquilla Minerals Ltd.: Appointment of New Mine Manager at Molejon

Petaquilla Minerals Ltd. announced that Ricardo V. Rojas has been appointed as the mine manager of its 100% owned Molejon gold mine in central Panama. Mr. Rojas has numerous professional specializations including mine engineering and management of both open pit and underground operations. His knowledge... Read more..

AngloGold Ashanti Agrees to Acquire 100% of Sao Bento

AngloGold Ashanti Limited announced that it has entered into a letter agreement with Eldorado Gold Corporation (”Eldorado”) to acquire 100% of Eldorado’s wholly owned subsidiary, São Bento Gold Limited (”SBG”), which company in turn wholly owns São Bento Mineração S.A.... Read more..