Mining Business News

RSS

Cornerstone Capital Resources Signs LOI to Purchase Santa Barbara Copper and Gold

Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announces it has signed a binding letter of intent to acquire 100% of the shares of Santa Barbara Copper and Gold S.A., a wholly-owned Ecuadorian subsidiary of Santa Barbara Resources Limited (TSXV-SBL).

18 Feb 2011

Cadillac Ventures Signs Agreement to Buy 30% Indirect Interest in Lima Norte Property, Peru

Cadillac Ventures Inc. (TSX VENTURE:CDC) has announced that it has entered into an agreement with Urion Mining International B.V., an indirect wholly-owned subsidiary of Trafigura Beheer B.V., whereby Cadillac will acquire an initial 30% indirect interest in an approximately 51,000 hectare mineral property located 100km north of Lima, the capital city of Peru, and sometimes referred to as the 'Lima Norte property'.

From Cadillac Ventures Inc. 18 Feb 2011

HudBay Minerals Completes Equity Investment with Aquila Resources

HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) today announced that it has completed an equity investment with Aquila Resources Inc. (TSX:AQA) which resulted in the company acquiring 2,226,514 common shares of Aquila at a price of C$0.8916 per Share for total consideration of C$1,985,160.

From HudBay Minerals Inc. 17 Feb 2011

Olivut Resources Signs LOI with Latin American Minerals to Explore Itapoty Diamond Project

Olivut Resources Ltd. (TSXV: OLV) has announced that it has signed a non-binding Letter of Intent dated February 15, 2011 with Latin American Minerals Inc. (TSXV: LAT) to explore the Itapoty Diamond Project located in central Paraguay, South America.

From Olivut Resources Ltd 17 Feb 2011

Beanstalk Capital Signs Asset Purchase Agreement with Almaden Minerals for Elk Gold Project

Beanstalk Capital Inc. has announced it has entered into an asset purchase agreement dated February 16, 2011 pursuant to which Almaden Minerals Ltd. (TSX: AMM, NYSE: AAU) will vend 100% of its Elk Gold Project located near Merritt, British Columbia to Beanstalk in exchange for a controlling interest in Beanstalk and a 2% net smelter returns royalty.

From Almaden Minerals Ltd. 17 Feb 2011

Canadian Arrow Mines Acquires Kenbridge Nickel Project from Blackstone Ventures

Blackstone Ventures Inc. (TSX VENTURE:BLV) has announced that it has agreed to terms on which Canadian Arrow Mines Ltd. will acquire a 100% undivided interest in Blackstone's interest in the Kenbridge nickel project in Ontario.

From Blackstone Ventures Inc. 17 Feb 2011

Augen Gold and Sanatana Diamonds Sign Joint Venture Agreement

Augen Gold Corp. (TSX VENTURE:GLD) has announced that it has entered into a definitive option and joint venture agreement with Sanatana Diamonds Inc., a company listed on the TSX Venture Exchange under the trading symbol STA, wherein Sanatana was granted an option to acquire up to 51% undivided interest in the rights to 46 mineral concessions in Ontario owned by Augen Gold along with a right of first refusal to acquire 9 mineral concessions in Ontario owned by Augen Gold.

17 Feb 2011

AndeanGold Receives Approval for Drilling at Urumalqui Project in Peru

AndeanGold Ltd. (TSX VENTURE:AAU) has announced that Peru's Ministry of Energy and Mines has issued the approval voucher of the Company's Declaration of Environmental Impact Study application for its advanced-stage Urumalqui Au-Ag exploration project in Peru.

17 Feb 2011

Rio Tinto Eyes Equinox Minerals

Rio Tinto may be focusing on Equinox Minerals as a takeover target. The mining giant is said to be looking at small to medium sized new acquisitions may be happy to get the pure copper play as per analysts at the Royal Bank of Scotland.

From Equinox Minerals Limited 16 Feb 2011

Australia Loses $60 BN in Mining Revenues

Australia will collect about $60 billion less in mining tax over the next ten years than previously predicted thanks to the changes made in the proposed mining tax last year prior to the elections. The treasury figures say that the original unhampered tax would have collected Australian $99 billion between the financial years of 2012/13 to 2020/21.

16 Feb 2011

Mining Business News

Cornerstone Capital Resources Signs LOI to Purchase Santa Barbara Copper and Gold

Cadillac Ventures Signs Agreement to Buy 30% Indirect Interest in Lima Norte Property, Peru

HudBay Minerals Completes Equity Investment with Aquila Resources

Olivut Resources Signs LOI with Latin American Minerals to Explore Itapoty Diamond Project

Beanstalk Capital Signs Asset Purchase Agreement with Almaden Minerals for Elk Gold Project

Canadian Arrow Mines Acquires Kenbridge Nickel Project from Blackstone Ventures

Augen Gold and Sanatana Diamonds Sign Joint Venture Agreement

AndeanGold Receives Approval for Drilling at Urumalqui Project in Peru

Rio Tinto Eyes Equinox Minerals

Australia Loses $60 BN in Mining Revenues

Bedford Metals Acquires Ubiquity Lake Uranium Project

GMIN and Reunion Gold Corporation Announce Merger Agreement to Create Leading Gold Producer

Trailbreaker Announces the Commencement of Drilling at the Liberty Copper Property

Emerita Resources Reports Positive Metallurgical Results for Iberian Belt West Project

Nevada Lithium Resources Updates Hydraulic Borehole Mining Method for Bonnie Claire Project

Metso Supports Sustainable Mining Development in Chile and Introduces a Unique Circularity Solution for Mill Liner Recycling

AccuPyc: Gas Pycnometer for True Density of Solids

ARL X’TRA Companion X-Ray Diffractometer

Avio 550 Max: Fully Simultaneous ICP-OES

Most Read Articles

Major Mining Technology Innovations in 2023

How Could Space Mining Increase Sustainable Growth?

The Economic Impact of Mining: From Local Communities to Global Markets

The Latest Advancements in Underground Mining Technologies

The Essential Role of Insulation in Ensuring Underground Mine Safety

Sponsored Content

The Essential Role of Insulation in Ensuring Underground Mine Safety

Measuring the Crystallite Size of Graphite in Calcined Petroleum Coke

Swift Analysis of Free Silica Content in Dust through Infrared Spectroscopy

Mining Business News

The Importance of Technology and Sustainability in Mining

Reducing Fuel Consumption in Mining with Equipment Rebuilding

The World's First All-Electric Lithium Mine

Most Read Articles

Sponsored Content