Oz Minerals declared the sale of its Martabe gold and silver project in Indonesia’s North Sumatra province to China Sci Tech Holdings. For full story, click here
International Minerals Corp. is reported to be one of those below the radar companies that quietly go about putting profitable mines into production with a minimum of fanfare. The company currently has a forty percent interest in the Pallancata Mine in southern Peru in partnership with Hochschild Mining PLC. Stephen Kay, Chief Executive Officer and [...]
Mercator Minerals Ltd., reported that it has made its first shipment of silver to Silver Wheaton Ltd., comprising over 11,000 ounces of silver. For full story, click here
Orex Minerals Inc. declared that its joint venture partner Silverex S.A. de C.V. has mobilized an underground mining crew and a new portal has been constructed adjacent to Zambranena creek on the Santa Cruz Project in Durango, Mexico. For full story, click here
Revett Minerals Inc. announced that it has issued 20,553,500 Common shares and 2,077,665 warrants in exchange for an equivalent number of Revett Silver Class B Common Shares and warrants. Fore full story, click here
Overview BacTech is a publicly listed Canadian company with its shares quoted on the TSX Venture Exchange (Symbol: BM). The Company owns proprietary bacterial oxidation technology that liberates precious and base metals from difficult to treat sulphide ores and concentrates. Bacterial oxidation is a safe and environmentally friendly process. It has the advantage of improving [...]
Aura Minerals Inc. provided the following update on operations at its Aranzazu Project located in Zacatecas State, Mexico and its Arapiraca Project located in Alagoas State, Brazil. For full story, click here
Mexoro Minerals declared that it has repaid two of its secured convertible debentures to Paramount Gold and Silver Corp. in the amount of $1,000,000. A third debenture has been renegotiated in the amount of $521,047 of which $393,547 is due on March 31, 2009 and the balance is due on April 30, 2009. For full [...]
San Anton Resource Corporation reported that its principal shareholder, Kings Minerals NL, based in Australia and listed on the Australian Stock Exchange has announced a share purchase plan offer to its shareholders for maximum proceeds of AUD $8,516,588 anticipated to close on April 3, 2009. Kings Minerals reported that a portion of the proceeds are [...]
PH09-01 was near vertical to a total depth of 599 million on the northwest flank of the Powderhorn felsic dome where previous surface sampling and diamond drilling have identified felsic volcanic rocks with disseminated and stringer sulphides and local concentrations of zinc, copper, lead, gold and silver. For full story, click here
Friday, April 24, 2009