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Tri-Valley To Advance Alaska Gold Mine Exploration and Industria Mineral Properties
Tri-Valley Corporation announced that its minerals subsidiary, Select Resources Corporation, has entered into an official stage of information exchange with industry parties to advance its Alaska gold and industrial mineral properties.
Gold Mining Company Operation and Development Review, Kinross Gold Keeps Mining Gold
After years of speculation, Kinross Gold ingested Bema for $3.1 billion back in early 2007. I remember feeling short-changed at the time, but now, two years later, we have a stark reminder of how poorly the gold mining equities and mining assets have performed relative to the gold price.
Mining Exploration and Commodity Trends in 2009
The year 2008 is coming to an end on a positive note for commodities sector as it continues to outperform equities and other financial investment options. In India, commodities sector led by oil, mining and metals have been found to be the greatest wealth generators beating IT sector and real estate in the game.
Russian Aluminum Tycoon Buys 25% of Nickel Giant
The aluminum tycoon Oleg V. Deripaska said Thursday that he had bought 25 percent of the Arctic mining company Norilsk Nickel, a deal that furthers Mr. Deripaska’s quest to consolidate the Russian metals and mining industry.
The transaction continues a pattern in Russia of uniting companies separated in the breakup of the Soviet Union and the [...]
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of [...]
Geoinformatics Announces the Startup of Drilling on the Whistler Project
Geoinformatics Exploration Inc. is pleased to announce that drilling has commenced on its new Alaska gold-copper porphyry project, (the “Whistler Project”) which is located 161 km. northeast of Anchorage.
The initial drill holes of the 2007 drill program will be completed on the “Whistler Zone” totaling 3,000 metres of definition and in-fill drilling. Previously drilling by [...]
Rio Tinto makes a recommended all cash offer for Alcan
Rio Tinto and Alcan today announced they have reached an agreement for Rio
Tinto to make an offer to acquire all of Alcan’s outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
The offer represents a premium of 65.5 [...]
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
U.S. Energy Corp. (Nachrichten), a diversified natural resource exploration company announced today that it will initiate a share buy back program. The Company is also pleased to provide its corporate development strategy along with several project updates as follows.
Share Buy Back Program
The Board of Directors of USEG has approved a share buy back program for [...]
Champion Bear announces diamond drill results on its Sudbury area Halcyon property
Champion Bear Resources Ltd. (”Champion Bear”) has received the final assay results from its recently completed drill program at its Halcyon property located in Parkin Township, northeast of Sudbury, Ontario. Anomalous nickel mineralization ranging from 147 to 611 ppm Ni was encountered at shallow depth in sheared mafic volcanics at or near the intersection of [...]
