Mining Business News

RSS

Ardent Mines and Afrocan Resources Join for Gold Exploration in Tanzania

Ardent Mines Limited (OTC Bulletin Board: ADNT) announces signing of definitive agreement for exploration and exploitation of promising gold property in Tanzania.

15 Dec 2010

Redstar Gold Buys New Gold Project in Nevada

Redstar Gold Corp. (TSX VENTURE:RGC) has announced the acquisition of a new gold project in Nevada. The Long Island project consists of unpatented mining claims, 100% owned by Redstar, about 20 kilometres southeast of the world-class Round Mountain gold deposit.

From Heliostar 15 Dec 2010

Big Red Diamond Enters Agreement to Purchase Kipawa Rare Earth Propertry

Big Red Diamond Corp. (TSX VENTURE:DIA) has announced the signature of an acquisition agreement for a 100% interest in the Kipawa Rare Earth property.

15 Dec 2010

BonTerra Signs Agreement to Buy 57 Claims in Eastern Extension Property in QUEBEC

BonTerra Resources Inc. (TSX VENTURE:BTR)(FRANKFURT:9BR) announces that it has entered into a property acquisition agreement dated December 10, 2010 to acquire 57 claims totaling 912 hectares.

From BonTerra Resources Inc. 15 Dec 2010

Brazil's MMX to Expand Operations with $2.9 Billion Investment

Brazilian mining group MMX Mineracao e Metalicos S.A. (MMX) has decided to invest 5 billion Brazilian Reais (US$2.9 billion) to expand its operations. The company's board has approved the investment in two iron ore mining projects both of which are located in Brazil.

14 Dec 2010

Orbit Garant Drilling Buys Mineral Drilling Company Operating Five Drilling Rigs

Orbit Garant Drilling Inc. (TSX: OGD) today announced the acquisition of Morris Drilling Inc.

14 Dec 2010

Yale Resources Purchases Apache Property in Mexico

Yale Resources Ltd. (TSX VENTURE:YLL) (FWB:YAB) has announced the acquisition of a 100% interest in the 400 hectare Apache Property, located approximately 150 kilometres north of Hermosillo, Sonora State, Mexico.

14 Dec 2010

Gryphon Resources Secures Permit for Exploration Activities at Lithium Project in Arizona

Gryphon Resources Inc. (OTC Bulletin Board: GRYO) reported that the Company has received approvals from the Arizona State Land Department for all 11 permit applications for exploration activities at its lithium project in south-eastern Arizona.

14 Dec 2010

Goldcorp, Andean Resources Receive Approval for Cerro Negro Gold Project Development

GOLDCORP INC. (TSX: G, NYSE: GG) and Andean Resources Limited announced today the approval of the Environmental Impact Assessment by the Santa Cruz province in Argentina for the development and production of the Cerro Negro gold project, a high-grade world-class deposit located on the low-elevation Patagonian plains of southern Argentina.

14 Dec 2010

First Lithium Resources Expands Drilling at Mollie River Property in Ontario

First Lithium Resources Inc. (TSX VENTURE:MCI)(PINK SHEETS:FLNTF)(FRANKFURT:MHN) has announced an expansion of its diamond drilling program already underway at the Mollie River Property, located between Sudbury and Timmins, Ontario, approximately 4 km from the western edge of Trelawney Mining and Exploration Inc.'s Chester Gold Complex.

14 Dec 2010