by cheatoo on January 26, 2012
Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Kinross Gold Corporation (“Kinross” or the “Company”) . The investigation focuses on whether a series of statements made between February 16, 2011 and January 17, 2012, inclusive, regarding Kinross’s business, its prospects and its operations were materially false and misleading [...]
by cheatoo on December 19, 2011
VMS Ventures Inc. and HudBay Minerals Inc. (“HudBay”) are pleased to announce that a comprehensive review of borehole and surface pulse electromagnetic data has identified strong, high priority anomalies surrounding the Reed Copper Deposit. The Reed Copper Deposit is located 120 kilometres from Flin Flon, Manitoba and is the subject of a Joint Venture with HudBay Minerals. [...]
by cheatoo on December 19, 2011
VMS Ventures Inc. (“VMS” or the “Company”) is pleased to announce that HudBay Minerals Inc. (“HudBay”) has informed the Company that the HudBay Board of Directors has approved the necessary capital expenditures required to begin construction of the Reed Copper project. VMS owns 30% of the Reed Copper project joint venture, which is operated by HudBay and [...]
by cheatoo on December 19, 2011
General Moly, Inc. (the “Company”) announced that as of December 14, 2011, the Nevada State Engineer issued the Company, through a subsidiary, all of its water permits – allowing the Mt. Hope project to utilize approximately 7,000 gallons per minute (gpm) of groundwater for mining purposes. The permits follow the Nevada State Engineer’s July 2011 [...]
by cheatoo on December 19, 2011
Uranerz Energy Corporation (“Uranerz” or the “Company”) is pleased to provide this uranium mine construction update. In August 2011, Uranerz commenced construction of its first in-situ recovery (“ISR”) uranium mine, called the Nichols Ranch ISR Uranium Project, in the Powder River Basin area of Wyoming, U.S.A. Construction is well underway and is currently on schedule. The [...]
by cheatoo on December 19, 2011
AmeriLithium Corp. (OTC Bulletin Board: AMEL; “AmeriLithium” or “the Company”) is pleased to announce the completion of both stages of geophysical exploration on all 4 of the Company’s Nevada -based lithium brine properties: Paymaster, Clayton Deep, Full Monty, and Jackson Wash. First stage gravity surveys were followed by Controlled-source audio frequency magnetotelluric (CSAMT) surveys to [...]
by cheatoo on December 19, 2011
Cameco announced today that agreements have been signed with the owners of the Cigar Lake project and McClean Lake mill to process all Cigar Lake ore at McClean Lake. Under the previous toll-milling agreements, both the McClean Lake mill and Cameco’s Rabbit Lake mill would process uranium from Cigar Lake. Under the new milling arrangement, [...]
by cheatoo on December 19, 2011
GOLDCORP INC. has been advised by the Government of Guatemala that the Inter-American Commission on Human Rights (IACHR) of the Organization of American States has notified the State of Guatemala , that “after reviewing the extensive information provided by the parties, the IACHR decided to modify the precautionary measures” adopted in May 2010 with respect [...]
by cheatoo on December 19, 2011
Mechel OAO one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill’s first line — the blooming concaster #5 at Chelyabinsk Metallurgical Plant’s oxygen converter shop. The blooming concaster #5 with an annual capacity of one million tonnes is due to supply the universal rolling mill with top-quality [...]
by cheatoo on December 19, 2011
Schnitzer Steel Industries, Inc. will report on Monday, January 9, 2012, the financial results for its fiscal 2012 first quarter, which ended on November 30, 2011, and will webcast a conference call to discuss the performance at 11:30 a.m. Eastern on the same day. In advance of its full earnings release, Schnitzer is providing preliminary [...]