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Australian Iron Ore Producer, Atlas Iron Would Sell 70 Percent Stake In Iron Ore Mines Ridley
Steel maker China, India, Korea and Japan are interested in buying stakes iron ore mine owned by Australian iron ore producer, Atlas Iron Ltd. Purchasing stakes iron ore mines in order to anticipate competitive iron ore demand from steel manufacturers of the world.
Mining Exploration Company, Persues Received Loan To Finance Ayanfuri Gold Mine Project, Ghana
Ayanfuri a gold mine site in the Ghana government area. Gold mining exploration rights held by the company Ayanfuri mining Persues. To build a manufacturing facility, Persues mining company has secured a loan worth $ 85 million. Persues mining company plans to begin construction in the first quarter of 2010 and production of gold mining [...]
Anglogold And Randgold Joint Venture To Acquire 20 Percent More Shares Of Gold Mining Project In Congo
Two of the largest gold mining company Anglogold Ashanti and Randgold Resources a joint venture to acquire 20 percent more shares Moto gold mining projects from Okimo. The funds will be issued by both companies to get the Moto gold mining stocks approximately $ 113.6 million.
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:
Gold Producer In Africa, Harmony Gold Mining Reported Fourth Quater Earning Share
Largest gold mining companies in Africa, Harmony Gold Mining companies to report earnings during the period of four quarter fall of 13 percent per share. Companies consider the dividend payment this year. Harmony Gold Mining’s acquisition plan and invest in new projects that can help the growth of the company.
Paramount Gold and Silver Corp. New Agreement To Purchase Mexican Mine
The Ottawa-based mining firm said it has signed a letter of agreement with Mexoro Minerals Ltd. to acquire all legal and beneficial interest to 12 mining concessions adjacent to Paramount’s San Miguel project in Chihuahua, Mexico.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
Paragon Mineral Corp. Into Joint Venture Agreement With Crosshair on Golden Promies Gold Mine Project
Paragon to receive 2,655,000 shares of Crosshair plus up to $3.0 million in carried exploration expenditures.
Teck Cominco Interest Andacollo Gold Mine Production Agree To Pay $300 Million Royalti Transaction
Teck Cominco Limited announced today that Compania Minera Carmen de Andacollo has agreed with Royal Gold Inc. to sell an interest in the gold production from the Andacollo mine for US$300 million.
