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Western Standard Acquires Freegold’s Almaden Gold Project
Western Standard Metals Ltd. and Freegold Ventures Limited are pleased to announce that further to the news release dated September 8, 2009, Western Standard has completed the acquisition of a 100% interest in Freegold’s Almaden gold project located in Idaho. In consideration, Western Standard has issued:
Kinross Gold Will Invest $10 Million Exploitations and Exploration Of Gold Mine Alaska In 2009
Exploration company of the biggest gold mine in Alaska, invesment $10 will million for exploration activity and develops gold mine in Alaska, invest focuse in region Fort Knox. Invesment for exploitation of exploration activity of this gold mine will take place during fiscal 2009.
Gold Mining Companies Eye Oppurtunity To Grab Venezuela Gold Reserves Potential
Venezuela is known for its biodiversity, petrochemicals, gold reserves and tourist potential. Even as the country sells world’s cheapest petro products due to heavy subsidies, there is not much heard about the gold treasure hidden in the country.
Valencia Begins Resource Definition Drilling at the Cachinal Silver Project
Valencia Ventures Inc. (TSX VENTURE: VVI) is pleased to report that a significant 15,000m resource delineation drill program has begun at its Cachinal silver project in Chile to in-fill recent high grade silver intersections in the Northern Extension target. The Company plans to spend approximately $4.0 million on the second phase of the 2007 drill [...]
RP on cusp of mining boom amid buoyant metals prices
Boosted by soaring ore prices, cheap capital and a more investor-friendly regime, mining companies are rushing in and snapping up tenements in the Philippines seeking to profit from the developing world’s industrial boom, experts say.
From majors like BHP Billiton, Anglo-American and Xstrata to bare-bones exploration outfits, they are betting hundreds of millions of dollars that [...]
BHP set to ditch its dual listing
AS the BHP Billiton board moves closer to picking a replacement for chief executive Chip Goodyear, the market is bracing for an announcement that it will ditch its dual listed structure and make a bid for an oil, aluminium or diversified mining company.
Chairman Don Argus has known for more than a year that Goodyear has [...]
Pele Mountain Reports NI 43-101 Mineral Resource of 33 Million Pounds Uranium Oxide at Elliot Lake
Pele Mountain Resources Inc. (”Pele” or the “Company”) announced today that it has received and filed on SEDAR a NI 43-101 compliant Technical Report (the “Report”) on its Elliot Lake uranium project (the “Project”) in northern Ontario, authored by Scott Wilson Roscoe Postle Associates Inc. (”Scott Wilson RPA”), dated January 15, 2007. Highlights of the [...]
Man-made gems not a threat to De Beers – diamond group
Diamonds produced in a laboratory – cheaper and in a myriad of colours – should not be seen as a threat by industry giant De Beers since they will largely fill a separate niche, a group promoting the gems said.
De Beers, the world’s biggest diamond producer with around half the market, has called man-made diamonds [...]
Australia pleads for mining favour in Russia
Trade ministers are like the Fuller brush salesman. The job requires long days and hard traveling, sleep-short nights in dreary hotels, selling a premium brand-name for a cheap product that customers usually think they need no more of. And when the salesman returns to headquarters, the boss hardly notices him.
