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Ardiden Completes Capital Raising to Back Canadian Lithium Projects
April 8, 2016
Ardiden Ltd has raised $1.25 million through a placement of 48.07 million shares at an issue price of $0.026 each to fund its Canadian lithium projects. The offer was significantly oversubscribed. As a result of this placement, Ardiden is fully
OceanaGold’s Haile Gold Mine Readies for Commercial Production, South Carolina
April 8, 2016
By the end of this year, miners expect to begin unearthing potentially billions of dollars in gold in southern Lancaster County after nearly a decade of efforts. OceanaGold., an Australian-headquartered company, has cleared parts of its mining site, begun construction
What’s Next for New Jersey Mining’s Butte Highland Gold Mine, Montana
April 8, 2016
New Jersey Mining Company, the new co-owner of the Butte Highlands Joint Venture, is considering building a high-tech mill at the underground gold mining site, 15 miles south of town. While NJMC is still assessing the ore body and the
Former Coal CEO Don Blankenship Gets One Year in Prison for Deadly Coal Mine Explosion, W. Va.
April 7, 2016
Standing before a federal judge, former coal company executive Don Blankenship expressed sorrow for the families of 29 men killed in his coal mine six years ago and added, almost in the same breath, that he committed no crime. “I
Globex Mining Acquires Cameron Gold Property, Quebec
April 7, 2016
Globex Mining Enterprises Inc. has acquired 100 percent interest in the Cameron Gold Property located in Desjardins, Franquet and Grevet Townships, Quebec. The property consists of 30 cells totaling 1,242 hectares and covers 6.4 km of the Cameron Shear Zone,
Serengeti Resources Secures $8.2 Million to Advance Kwanika Copper-Gold Project, British Columbia
April 7, 2016
Serengeti Resources Inc. has successfully closed its deal with DAEWOO Minerals Canada Corp. (DMC), a 100 percent owned Canadian subsidiary of POSCO DAEWOO Corp, whereby POSCO DAEWOO may earn up to a 35 percent interest in Serengeti’s Kwanika copper-gold project
GeoMegA and Innord Sign Technology License Agreement for Processing and Separation Facilities
April 7, 2016
GeoMegA Resources Inc. and Innord Inc. have signed a technology license agreement (TLA) pursuant to which GeoMegA is granted a non-exclusive license to build and operate processing and separation facilities using the licensed technology. The licensed technology includes the patent
U.S. ITC Proceeds with Case Against China Imports for Stainless Steel Sheet and Strip
April 7, 2016
The U.S. International Trade Commission (ITC) made a unanimous preliminary determination that unfairly-traded imports of stainless steel sheet and strip are causing injury to U.S. producers. The preliminary injury determination means that the cases against imports from China will proceed.
Imperial Metals Recalls Miners to Huckleberry Mine, British Columbia
April 7, 2016
Imperial Metals Corporation has recalled 44 of the 85 employees that were laid off at the Huckleberry mine in January 2016 due to weak copper prices. The recalled personnel will focus on tailings dam construction, but may conduct some mining
Third Doe Run Mine and Mill, Brushy Creek Mine, Achieves ISO Certification, Missouri
April 7, 2016
The Doe Run Company’s Brushy Creek Mine and Mill near Boss, Missouri, has become the company’s third mine and mill operation to earn certification from the International Organization for Standardization (ISO). The certification recognizes Brushy Creek Mine and Mill for
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