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Taseko Mines Ltd.: TASEKO’S GIBRALTAR MINE EXPANSION ON SCHEDULE
Taseko Mines Limited (’Taseko’ or the ‘Company’) is pleased to announce that the key components of the Semi Autogenous Grinding (’SAG’) mill for the Gibraltar concentrator expansion have commenced shipment from Europe. Mill motors and ancillary systems are already on site at Gibraltar and ready for installation in the newly erected SAG mill building. With [...]
Zinc remains a solid investment as China’s demand grows nearly 10 per cent
Despite fears that China may return to its past as a net exporter of zinc, the commodity is still a solid bet for investors looking to cash in on the growing demand for the metal used to prevent steel from corrosion, experts say.
China’s demand for slab zinc is expected to grow 9.5 per cent [...]
Baja Mining Corp. Advances Engineering and Financing
Baja Mining Corp. (the “Company”) (TSX: BAJ) is pleased to announce that it has signed contracts for the Basic Engineering package for its Boleo copper, cobalt project in Baja California Sur, Mexico. The Definitive Feasibility Study, headed by Bateman Engineering (”Bateman”), has recently been completed and the engineering team that had been assembled for that [...]
Metallica Resources Terminates Mining Contract With Washington Group Latin America at Cerro San Pedro Project, Mexico
Metallica Resources, Inc. announced today that its subsidiary, Minera San Xavier, S.A. de C.V., a Mexican corporation (”MSX”), has terminated its mining contract with Washington Group Latin America, Inc. (”WGLA”) under which WGLA had served as the mining contractor for MSX’s Cerro San Pedro Mining Project in Mexico. The termination is effective June 19, [...]
African Copper Announces Private Placement with Botswana Institutional Investors to Raise up to 92,045,492 Botswana Pula
African Copper Plc (”African Copper” or the “Company”) (AIM: ACU)(TSX: ACU)(BSE:AFRICAN COPPER) announces that it proposes to raise up to 92,045,492 Botswana Pula (approximately Pounds Sterling 7.5 million or C$15.9 million) by way of a private placement of up to 8,367,772 ordinary shares at a price of 11 Botswana Pula (approximately Pounds Sterling 0.89 and [...]
General Metals Corporation Executes Confidentiality Agreement With Newmont Mining Providing Mutual Protection on Data Exchange at Independence Mine
General Metals Corporation confirms that on June 14, 2007, after several discussions and meetings at the Company’s Independence Mining claims with neighbor Newmont Mining www.newmont.com, we entered into a joint confidentiality agreement regarding an exchange of data by both parties. As previously stated, our Independence Mine is an island in Newmont Mining’s claims where [...]
Xstrata Extends Offer for LionOre
Xstrata plc announces the extension of the expiry time of its all-cash offer to acquire all of the LionOre Mining International Ltd. (”LionOre”) shares to midnight (Vancouver time) on 28 June 2007. Following Xstrata’s decision not to match the offer made by OJSC MMC Norilsk Nickel (”Norilsk”) to acquire all of the LionOre shares, LionOre [...]
Globex’s Updates Financial Prospects for Next 12 Months
GLOBEX MINING ENTERPRISES INC. At the request of several shareholders, Globex is providing a financial projection of expected near term revenue streams.
First of all, business is going extremely well, with the cash and shares held by Globex providing Globex with sufficient capital to advance our projects and grow. As to development and exploration expenditures [...]
GobiMin Receives NI 43-101 Resource Estimate In-Situ 113 Million Pounds Nickel and 73 Million Pounds Copper for Yellow Mountain Nickel-Copper Deposit
GobiMin Inc. announced today that it has received the Executive Summary from Met-Chem Canada Inc. of Montreal (”Met-Chem”) regarding a National Instrument 43-101 compliant technical report on the mineral resource estimate for its Yellow Mountain Deposit (also known as Huangshan Deposit). At 0.2% cut-off, Indicated Mineral Resources are estimated at 12 million tonnes averaging 0.44% [...]
