Underworld Resources Inc. is pleased to announce initial assay results from 100% owned White Gold and Black Fox Gold Projects, in the Yukon Territory, Canada. The diamond drill program is still underway and additional assay results are expected shortly.
Drill hole WD-004 intersected 4.03 g/t Au over 19.58 meters, from 12.99 meters, including 9.43 g/t Au [...]
Timmins Gold Corp. is pleased to announce the appointment of Lee Graber as a director.
Mr. Graber is currently an Investment Director for Pacific Road Capital Management (”PRCM”), a Sydney, Australia based private equity manager investing in the global mining industry. Mr. Graber has over 30 years relevant experience in the mining industry, including 23 years [...]
Yamana Gold Inc, a mine exploration company based in Canada published its July 2008 monthly dividend of US$0.01 per share. On thursday, July 31, 2008 Shareholders of record at the close of business, is predicted to received payment of this dividend on Thursday, August 14, 2008. The dividend is an “eligible dividend” for Canadian tax [...]
ArcelorMittal and Primex (Germany) have reached an agreement whereby ArcelorMittal Stainless International is acquiring the 35% stake in Uginox Sanayi ve Ticaret Limited Sirketi (“Uginox”) which was owned by Primex.
Uginox was formed in 1997 as a 65/35 joint venture between Arcelor and Primex. Uginox operates a coil processing and service centre in Gebze, close to [...]
Alcoa announced that its Alcoa Electrical and Electronic Systems (AEES) business has initiated a restructuring of its Honduran and Mexican operations serving the North American auto market as a result of continued market softness. In total, the workforce reduction across the Honduran and Mexican operations will impact approximately 1,240 jobs as AEES adjusts capacity to [...]
Orezone Resources Inc. is pleased to announce that Bayerische Hypo- und Vereinsbank AG, a member of UniCredit Group, (”HVB”) and The Standard Bank of South Africa Ltd (”Standard Bank”) have completed their technical due diligence and are proceeding to their respective credit committees for approval on providing a minimum of US$250million of project debt [...]
GOLDCORP INC. announced that the Marlin mine in Guatemala has experienced power interruptions as a result of tampering with lines supplying power to the mine site, resulting in periodic idling of the mill facility. Mining activities at the underground and open pit have been largely unaffected and ore continues to be stockpiled on site.
The interference [...]
ArcelorMittal, the world’s largest integrated metals and mining company, announces that it intends to acquire 60% of the entire issued share capital of DSTC FZCO, a newly incorporated company located in the Dubai free zone.
Together with DSTC FZCO, ArcelorMittal is widening its offering in the Middle Eastern area. DSTC FZCO will acquire the main business [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX ) declares the following quarterly cash dividends payable on August 1, 2008 to holders of record as of July 15, 2008:
* $0.4375 per share of FCX’s Common Stock (NYSE: FCX ).
* $1.6875 per share of FCX’s 6¾% Mandatory Convertible Preferred [...]
