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Saturday, November 22nd, 2008
A subsidiary of Severstal (LSE: SVST), the Russian mining group, added High River Gold to its growing list of acquisitions. Yesterday High River Gold announced that Severstal had participated in a heavily dilutive share placing that would take its equity stake to 50.1%.
Severstal took approximately 282.3 million shares ...
Posted in Coal, Mining Company, Mining Technology | No Comments »
Thursday, November 20th, 2008
Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that drilling has commenced on the Company's Scraper Project where joint venture partner Newmont Mining Corporation (TSX:NMC)(NYSE:NEM) can earn an initial 51% interest by undertaking staged annual exploration expenditures totaling US$5 million over a five year ...
Posted in Drilling, Exploration, Gold, Mining Company | No Comments »
Wednesday, November 19th, 2008
The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the industry, and highlights the implications boded by the consolidation wave, and rising mineral prices. The discussion on the global ...
Posted in Mining Industry, Mining Investment, Mining Technology | No Comments »
Tuesday, November 18th, 2008
Carpathian Gold Inc. is very pleased to announce its updated National Instrument 43-101 compliant Resource Estimate, as provided by independent consultants PEG Mining Consultants Inc. ("PEG"), on Carpathian's 100% owned Rovina Exploration License in central Romania, which hosts the Colnic Au-Cu Porphyry deposit ("Colnic"), the Rovina Au-Cu Porphyry deposit ("Rovina") ...
Posted in Drilling, Gold, Mining Industry, Mining Investment, Mining Technology, Trade & Market | No Comments »
Monday, November 17th, 2008
The wallets are closing, the bank accounts are running down, the investors are no longer listening. In the next few months there will be a fevered stampede from the cash-strapped juniors to find someone -- anyone -- with money to help keep them going.
Adrian Day believes he has got in ...
Posted in Mining Industry, Mining Investment, Trade & Market, Uranium | No Comments »
Monday, November 17th, 2008
The total value of Alaska's mineral industry in 2007 set a new record of approximately $4 billion, up 13.3 percent from the 2006 level, the state Department of Natural Resources announced Nov. 5.
The total value combines exploration and development expenditures with production value. The figure is used as a general ...
Posted in Copper, Drilling, Gold, Mineral, Mining Industry, Mining Investment, Trade & Market | No Comments »
Friday, November 14th, 2008
The Asian investors believe that there is opportunity in every great crisis; and the gold mining industry's dramatic downturn--a surprising result of the global financial meltdown--is no exception to the rule, in their view.
They see a physical gold shortage, which, coupled with recent actions by governments and central banks that ...
Posted in Gold, Mining Company, Mining Industry, Mining Investment, Silver, Trade & Market | No Comments »
Friday, November 14th, 2008
A gold mine jointly financed by an Australia-registered mining company and a geological prospecting organization in Jilin Province began production on Sunday. The mine, located 7 km from Baishan City, was financed by the Tonghua Institute of Geology and Prospecting and Sino-Gold Mining Ltd., a Sydney-based company.
The Australian company's website ...
Posted in Uncategorized | No Comments »
Friday, November 14th, 2008
A gold mine jointly financed by an Australia-registered mining company and a geological prospecting organization in Jilin Province began production on Sunday. The mine, located 7 km from Baishan City, was financed by the Tonghua Institute of Geology and Prospecting and Sino-Gold Mining Ltd., a Sydney-based company.
The Australian company's website ...
Posted in Gold, Mining Company, Mining Industry, Mining Investment | No Comments »
Friday, November 14th, 2008
Lappland Goldminers AB (STO:GOLD) Lappland Goldminers AB (publ), listed on First North and the Norwegian OTC list, has decided, after completion of planning work, to start the mining production at the gold mine in Pahtavaara, Finland.
The Company has completed the necessary planning work and arranged the required financing by loan ...
Posted in Gold, Mining Company, Mining Industry, Mining Technology, Trade & Market | No Comments »
