Gold Mining News

Novelis Sees Increased Use of Aluminum Sheet in Automobiles

Gold Mining — Thu, 07 May 2009 21:37:18 PDT

Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a variety of body panels or [...]

Pinnacle Mines Ltd. Launches Scoping Review at its Silver Coin Gold Deposit near Stewart, B.C.

Gold Mining — Mon, 27 Apr 2009 06:51:39 PDT

Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver Coin property hosts a NI 43-101 compliant [...]

Cameco Reaches Agreement With Kyrgyz Government

Gold Mining — Fri, 24 Apr 2009 11:35:11 PDT

Cameco Corporation announced that the company and Centerra Gold Inc. have signed an agreement with the Kyrgyz government that resolves all outstanding issues with respect to the Kumtor gold mine. The agreement is expected to further align the parties’ business interests and provide additional certainty for continuing operations and future development of the Kumtor project. The [...]

Trinity Comes Up With a Large Copper-Gold-Silver Play at its Manarsa Tres Property, Northern Peru

Gold Mining — Wed, 22 Apr 2009 07:41:33 PDT

TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department of La Libertad in Northern Peru. The anomaly is interpreted [...]

Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Gold Mining — Tue, 21 Apr 2009 12:01:40 PDT

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination (the “Transaction”) whereby Carlisle is to acquire all of the issued and outstanding [...]

Fronteer Completes Acquisition of Aurora

Gold Mining — Tue, 21 Apr 2009 11:54:17 PDT

Fronteer Development Group Inc. announced today that it has acquired all of the remaining common shares of Aurora Energy Resources Inc. (”Aurora”) pursuant to a going private transaction involving the amalgamation (the “Amalgamation”) of Aurora and a direct wholly-owned subsidiary of Fronteer. The Amalgamation was approved and adopted at a special meeting of Aurora shareholders [...]

Abitex assays 2.15% U3O8 and 17.25 g/t gold on new discovery in Otish Mountains, Quebec

Gold Mining — Tue, 14 Apr 2009 06:59:36 PDT

Abitex Resources Inc. announce a significant new Uranium-Gold discovery on its 100% owned Epsilon property in the Otish Mountains region of Quebec. The new surface outcrop discovery is located approximately 15 km West of Abitex’s Lavoie property under option from AREVA Resources Canada (”ARC”) and SOQUEM Inc. where the Company has an all-weather camp and [...]

SearchGold Reports High Grade Gold on Arae-Gassel With Results of Up to 95.33 g/t Au in Burkina Faso

Gold Mining — Wed, 25 Mar 2009 08:03:48 PDT

SearchGold Resources Inc. provide additional technical details on the 400 km2 Arae-Gassel Gold Property located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL. Recent compilation has highlighted the Inata-Kerboule shear as a major regional structure over 30 km in strike length which is host to [...]

CityView Announces Diamond Processing Plants Supplier for Nhefo

Gold Mining — Wed, 18 Mar 2009 04:03:34 PDT

CityView Corporation Limited announces that Canzar Resources Limited, the Operator of the Nhefo and Luachisse diamond concessions in Angola, has engaged International Progress & Design of South Africa to supply Dense Medium Separator (DMS) mobile plants for installation at Nhefo. The combined plants should be capable of processing 400 tonnes of feed per hour. CityView [...]

Corriente Recieves Official Notice That All Suspensions Are Lifted

Gold Mining — Tue, 17 Mar 2009 05:18:08 PDT

Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received its Water Use Concession for general water use at the Mirador camp [...]