Aleris International, Inc. announced that it will be fully idling production at its Richmond, Virginia rolling mill due to the continuing downturn in the North American building and construction industry. Earlier this year, Aleris announced that it idled all production for third parties at the Richmond site and that all remaining production would be used [...]
Central Sun Mining Inc. provide the final results from its successful 2008 exploration program at the Limon and Orosi Mine areas and the Mestiza-La India project in Nicaragua.
“The 2008 exploration program has been very successful; we have achieved our objectives of outlining new gold zones that will likely significantly increase the economic mineral resources in [...]
Apex Silver Mines Limited announced that it has entered into a non-binding letter of intent with Sumitomo Corporation providing for the sale of Apex Silver’s interest in the San Cristóbal mine to Sumitomo for a cash purchase price of $22.5 million. Apex Silver would continue to manage the mine following the sale.
Sumitomo currently owns [...]
Alcoa announced that Alcoa Chairman Alain Belda was honored by the Asia Society this week for his environmental leadership, including Alcoa’s progress to reduce GHG emissions and address global warming.
In accepting the award, Mr. Belda said, “At Alcoa, we see global warming as the sustainability issue of our generation. To me, it is critical that [...]
General Metals Corporation announce it has completed its 2007- 2008 Phase 1 drilling program at its Independence Gold and Silver Mining Project in Battle Mountain, Nevada. The Independence is situated directly adjacent to the massive Phoenix Project, which is the largest operating gold mine in the US. All samples from the drilling have been delivered [...]
High Desert Gold Corporation provided an update on shareholder rights plan which was adopted effective October 29, 2008, subject to acceptance by the Toronto Stock Exchange (the “TSX”).
As previously announced on November 3, 2008, the Company had been advised that Northern Financial Corporation (”Northern”) intended to submit an application to the British Columbia Securities Commission [...]
PREMIER GOLD MINES LTD release full assay results, including several new values, from the initial 23 holes drilled at the Santa Teresa Concession in Baja California, Mexico. These new results, with intercepts as high as 24.40 grams per tonne (g/t) or 0.71 ounces per ton (opt) gold across 2.0 metres (m), and 14.9g/t Au (0.44 [...]
Pacific Gold Corp. announced that it has received consent from Yorkville Advisors (formerly Cornell Capital Partners) to release 20% of the shares of its wholly owned subsidiary Oregon Gold, Inc. to enable them to be distributed to the shareholders of Pacific Gold Corp.
Pacific Gold will distribute 20% of the Oregon Gold common shares by way [...]
AuEx Ventures, Inc. report additional assay results, including hole WNC-139 reporting 73.3 feet (core length) grading 0.366 ounces per ton gold from the Company’s West Pequop gold exploration project located in Elko County, Nevada. These results expand the extent of gold mineralization in the Section 34 target areas with mineralization still open. This data was [...]
Hidalgo Mining International (Other OTC:HMIT.PK - News), an innovative mining company headquartered in Port Washington, N.Y., announced that it has signed a Letter of Intent with North Bay Resources Inc. to enter into a joint venture for the development of North Bay’s Silver Leaf Property. The terms of the Agreement will be announced once a [...]
