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British Mining Company, Metal Exploration PLC Begin Mining Exploration in Nueva Vizcaya
British Miner Metals Exploration PLC expects to finish studies on its gold and molybdenum property in northern Luzon to finally start site development, company officials said late last week.
Philipine Govern. Final Approval Permit For Metals Exploration PLC Mining Operation at Gold-Molybdenum Project
The Philippines’ Department of Environment and Natural Resources has endorsed for final approval an application made by Metals Exploration PLC (MTL.LN) to undertake a large-scale mining operation at its Runruno gold-molybdenum project, the company said Wednesday.
Mining Exploration Regulation Alaskans to Vote on Mining Regulation Proposal
Alaskans in the primary election will vote on Ballot Measure 4, an initiative that opponents say will kill large-scale mining in Alaska but supporters say will save Bristol Bay’s wild salmon streams from a toxic spill at the Pebble Mine.
Supporters of Ballot Measure 4 say it is needed to protect the world’s most productive wild [...]
Denison Makes a New Bid to Acquire OmegaCorp Limited
Denison Mines Corp. (”Denison”) (TSX:DML)(AMEX:DNN) is pleased to announce a new takeover offer to acquire all of the remaining shares of OmegaCorp Limited (”OmegaCorp”) (ASX:OMC) (including any shares issued on exercise of an option issued in OmegaCorp) that Denison does not already own at a price of AU$1.30 per share, for a total consideration of [...]
Minera Andes announces retraction and clarification of news release
Minera Andes Inc. announces that it is retracting its April 10, 2007 news release and Material Change Report dated April 12, 2007. Consequently, investors should rely upon the reserves and information reported prior to the Company’s April 10, 2007 news release that did not include the drilled off Kospi vein. The Company is also retracting [...]
Minera Andes announces retraction and clarification of news release
Minera Andes Inc. announces that it is retracting its April 10, 2007 news release and Material Change Report dated April 12, 2007. Consequently, investors should rely upon the reserves and information reported prior to the Company’s April 10, 2007 news release that did not include the drilled off Kospi vein. The Company is also retracting [...]
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 [...]
Xstrata Exercises Seabridge Gold Share Purchase Warrants
Seabridge Gold Inc. reports that it has received a total of C$13.5 million from Xstrata plc (formerly Falconbridge Limited) pursuant to Xstrata’s exercise of half of the two million Seabridge share purchase warrants it holds. The warrants were issued to Xstrata as part of the consideration by which Seabridge repurchased a 100% interest in [...]
Cardero Options Los Manantiales Gold Property to Hochschild Mining Holdings Limited
Cardero Resource Corp. (”Cardero” or the “Company”) – is pleased to announce that it has entered into a letter of intent with Hochschild Mining Holdings Limited (”HMHL”), a subsidiary of Hochschild Mining plc , pursuant to which it has granted HMHL the option to earn up to a 70% interest in the Los Manantiales Gold [...]
