Centerra Gold Inc. (TSX:CG) today has clarified the status of its Mongolian Licenses, in particular, the Company's principal Gatsuurt hardrock mining license which is not on a list of alluvial licenses to be revoked.
Valterra Resource Corporation (CNSX:VTA)(FRANKFURT:3VA) previously reported on June 18, 2009 that Lawrence Page, Q.C. of 1100 – 1199 West Hastings Street, Vancouver, British Columbia V6E 3T5, together with Manex Investments Inc. and Manex Resource Group Inc., companies at the same address as Lawrence Page, Q.C. and over which Lawrence Page, Q.C. exercises control and direction, had acquired shares and units through the facilities of the Canadian National Stock Exchange and through Private Placement purchases, at prices ranging from $0.09 to $0.30 and beneficially owned 3,604,333 common shares representing 13.14% of the outstanding capital of the Company.
Silver Quest Resources Ltd. (TSX VENTURE:SQI) has announced that it has entered into an option agreement to acquire a 100% interest in 316 quartz mineral claims covering approximately 6,400 hectares known as the Rude Creek Property.
Skyline Gold Corporation (TSX VENTURE:SK), a company engaged in the exploration for high-grade gold deposits and development of its Bronson Slope project at the Snip Gold Mine camp in north western British Columbia's 'Golden Triangle', has announced that it has agreed to acquire 8,775 hectares of mineral tenures from St. Andrew Goldfields Ltd. adjacent and near the Company's current tenure holdings in return for total payment of $1,406,000 subject to receipt of regulatory approval.
Solid Gold Resources Corp. (TSX VENTURE:SLD) has reported that diamond drill core samples are being submitted for assay.
Southern Arc Minerals Inc. (TSX VENTURE:SA) and Newcrest Mining Limited has announced that they have signed a Heads of Agreement involving a joint venture investment in Southern Arc's Taliwang gold-copper property, in the western portion of the Island of Sumbawa, Indonesia.
Tinka Resources Limited (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF) Andrew Carter, President, reports that at the Company´s Tibillos copper porphyry property, located in the coastal batholith 65 km east of Ica, Peru, a preliminary mapping survey has been completed.
The federal treasurer Wayne Swan predicted that Australia would move into its biggest mining boom phase in October, possibly the largest since the 1850s.
Beaconsfield gold mine has managed to avert being sent into administration as its main money lender Minemakers threatened to revoke its $8.5 million loan. Minemakers was unhappy with the debt levels of the Tasmanian mine and wanted restructuring.
Quadrem, a global mine supply network has been purchased by Ariba Inc for $150 million. The company which was launched a decade ago by 15 metal and mining companies has been sold to supply chain and collaborative business commerce vendor Ariba.
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