Searchlight Minerals Corp. Receives Certificate of Occupancy for Electrowinning Building at Clarkdale Slag Project

Searchlight Minerals Corp. announce that the Company received a Certificate of Occupancy from the Town of Clarkdale, Arizona, for the electrowinning building at its Clarkdale Slag Project on December 30, 2008. “I would like to compliment our staff, contractors and construction crews on the achievement... Read more..

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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..

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..

Positive Metal Recoveries Predicted for Seabridge Gold’s KSM Project

Metallurgical test work for Seabridge Gold’s 100% owned KSM Project predicts gold recoveries averaging 77.4% and copper recoveries averaging 84.8% at a concentrate grade of 25% copper. The results of the test work will be incorporated into the Preliminary Assessment scheduled for completion later... Read more..

Redcorp Updates Progress at Portugal Base Metal and Gold Exploration Projects

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redcorp Empreendimentos Mineiros Unipessoal Lda (”REM”), present geochemical results from ongoing exploration programs in Portugal. Geochemical results have been received from both the drill program at Lagoa Salgada, a base metal project... Read more..

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..

Novelis Sees Increased Use of Aluminum Sheet in Automobiles

Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a... Read more..

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Schnitzer Steel Industries Acquires Puerto Rico Metals Recycler

Schnitzer Steel Industries Inc. announced that it has acquired Ponce Resources Inc., of Salinas, Puerto Rico. Ponce is engaged in the business of collecting, processing, and selling ferrous and nonferrous scrap metal and operates at four locations in the Commonwealth of Puerto Rico. Commenting on the... Read more..

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Mengold Reports on Diamond Drill Program at Goldcreek

Mengold Resources Inc. has compiled all of the results from a 13-hole 2,212m diamond drilling program on the Goldcreek Property conducted in the fall of 2008 as part of a joint venture between Mengold and Solomon Resources Limited. The drill program targeted the I-Zone in the northwest of the Property... Read more..

Midway Gold Announces Project Updates and Plans for 2009

Midway Gold Corp. announce 2009 work plans will primarily be focused on the Golden Eagle project in Washington and the Midway project in Nevada. Exploration at the Spring Valley project is expected to continue under a proposed earn-in agreement, previously announced (PR October 20, 2008). The Thunder... Read more..

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