Posts Tagged ‘agreement’

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Orex Minerals Inc. and Fresnillo Plc Sign Association Agreement to Explore Coneto Gold-Silver Project in Durango, Mexico

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. Full story

First Quantum gets out of Congo with $1.25 billion asset sale

First Quantum Minerals, the Vancouver-based copper miner embroiled in a dispute with the Congolese government over expropriation of one of its key assets, has sold its mines in the Central African country. First Quantum (TSE:FM) said Thursday that Eurasian Natural Resources Corporation PLC has agreed to pay US$1.25 billion for its Kolwezi tailings project, along with the Frontier and Lonshi mines and related exploration interests. ... Full story

Union drops strike at First Quantum mine in Zambia

Workers at First Quantum Minerals’ Zambian copper/gold mine resumed work this morning after the country’s minister of labour intervened to end the two-day wage strike. Yesterday, the company had announced that it was suspending production at its 80%-owned Kansanshi mine due to the labour dispute Full story

Strait Gold grants Teck option to earn up to 75% in Alicia

TORONTO, ONTARIO–(Marketwire – Dec. 9, 2011) -  Strait Gold Corporation (TSX VENTURE:SRD) (“ Strait Gold ” or the “ Company “) is pleased to announce that it has signed a binding agreement (the “ Agreement “) with Teck Peru S.A. Full story

European central banks halt gold sales: World Gold Council

European central banks halt gold sales: World Gold Council
World Gold Council said European central bank sold 1.1 tonnes of gold during the year, the lowest annual sales since the Central Bank Gold Agreement began in September 1999. Full story

Gold companies merge into McEwan Mining

Gold companies merge into McEwan Mining
Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. Full story

Each day of the strike at Grasberg costs Freeport-McMoran 3 million pounds of copper and 5 thousand ounces of gold

Each day of the strike at Grasberg costs Freeport-McMoran 3 million pounds of copper and 5 thousand ounces of gold
Freeport-McMoran Copper & Gold reported on Wednesday that the strike at its Grasberg operations in Papua, Indonesia, which began Sept. Full story

Midnight Sun acquires option over Namibian copper-silver properties, announces private placement

Midnight Sun acquires option over Namibian copper-silver properties, announces private placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. Full story

Northgate Minerals delivers bad news all round

Northgate Minerals delivers bad news all round
Canada's Northgate Minerals reported a wider quarterly net loss of $13 million hit by lower production and higher costs, and it lowered its full-year production forecast. Revenue fell 45% to $67.4 million. In July, Northgate Minerals said it would buy Primero Mining to form a new mid-tier gold producer, which will have a combined market capitalization of approximately $1.2 billion and will tie together the ... Full story

Sono Resources make final cash payment for the copper, silver licenses in Botswana

Sono Resources make final cash payment for the copper, silver licenses in Botswana
Sono Resources Inc. Full story
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