Etruscan outlines widespread rare earth occurrences in Namibia

Etruscan Resources Inc. announced that it has outlined a large number of rare earth element enriched carbonatite dykes associated with an alkaline intrusive complex on its Lofdal permit in northern Namibia. Analytical results from 242 outcrop samples and six drill holes indicate that both light rare... Read more..

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Gold Canyon Signs Joint Exploration Agreement With JOGMEC

Gold Canyon Resources Inc. announce that the Company and its wholly owned subsidiary, Gold Canyon Resources USA Inc., have entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established under the Japanese Ministry... Read more..

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Mexivada starts diamond mining at Kono, Sierra Leone; Larger diamond found at Lepandza, ROC Congo

Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..

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UC Hub Group, Inc. Acquires Mining Assets From Tri-Star Holdings, Inc.

UC Hub Group, Inc. announce the companies have executed a formal asset acquisition and assignment agreement whereby UC Hub Group, Inc. will acquire certain mining assets from Tri-Star Holdings for stock in UC Hub Group, Inc. These mining contracts and assets include those in Arizona referred to as COS... Read more..

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Rare Element Resources-Newmont Gold Venture Makes Progress with 2008 Exploration Program

Rare Element Resources Ltd announces that the Sundance gold exploration project, which is a joint venture between Paso Rico (USA) Inc, a subsidiary of Rare Element Resources, and Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (Newmont), has completed additional... Read more..

Globex: Update on Exploration and Prospects

GLOBEX MINING ENTERPRISES INC. wishes to update shareholders as regards its ongoing work and prospects. First, I would remind shareholders that despite the recent debacle in the markets and the resultant drop in Globex’s share price and the value of shares in other companies held by Globex, the... Read more..

Rare Element Resources Begins Drilling Program

Rare Element Resources Ltd. is pleased to report that drilling has begun on the initial drill targets for rare-earth-element (REE) mineralization on the Company’s Bear Lodge property of northeastern Wyoming. Drill-hole locations have been chosen to expand the historical rare-earth discoveries made... Read more..

Rare Element’s Sundance exploration Project initiated

Rare Element Resources Ltd told the press about the initiation of the 2008 gold exploration program by Newmont North America Exploration Limited (Newmont), manager of the Sundance gold-exploration joint venture with Rare Element Resources in Wyoming. Based on 2007 work, several additional prospective... Read more..

2008 Gold Exploration Program Initiated at Rare Element’s Sundance Project

Rare Element Resources Ltd announces the initiation of the 2008 gold exploration program by Newmont North America Exploration Limited (Newmont), manager of the Sundance gold-exploration joint venture with Rare Element Resources in Wyoming. Based on 2007 work, several additional prospective target areas... Read more..

Shares of gold mining companies close higher as the price of the commodity gains in US trading

Shares of gold mining companies closed higher Friday as the price of the commodity gained in U.S. trading. Gold for August delivery rose 80 cents to $915.90 per ounce on the New York Mercantile Exchange. Here is how some gold miners fared. Goldcorp Inc. added $2.02, or 4.6 percent, to $46.36 Gold Fields... Read more..