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Horizonte Signs Gold Exploration Earn-In Agreement With Anglogold Ashanti
Horizonte, the AIM quoted exploration and development company focused on Brazil, is pleased to announce that it has signed a US$4.5 million earn in agreement on its 100% owned Falcao gold project, located in the Carajas Mineral Province of northern Brazil, with major gold producer and exploration partner, AngloGold Ashanti Limited.
Highlights
- AngloGold can earn into 51% of the Falcao project by spending US$4.5 million on exploration and development over three years
- First year cash commitment of US$900,000 on exploration funding
- Fast track drill programme to...
Australian Sharemarket Close Week 3 percent Higher
The Australian sharemarket closed three per cent higher for the week, as middling-to-positive leads from European stocks and Wall Street culminated in a solid weekly close, after China rejected reports it was considering reviewing its European bond holdings.
For the week, the benchmark S&P/ASX200 index gained 3.15 per cent to 4,457.5 points, while the broader All Ordinaries index jumped 7.58 per cent to 4,479 points.
AMP Capital Investors chief economist Shane Oliver said it looked like a correction in equities and commodities prices was under way, and a decent rally was beginning.
American Bonanza Gold Corp.: Copperstone Mine Plan of Operations Accepted by the BLM
American Bonanza Gold Corp. is pleased to announce that the United States Department of the Interior’s Bureau of Land Management has...
Hawthorne Gold & Eureka Reported Drilling Results Frasergold Project In British Columbia
Hawthorne Gold and Eureka Resources has completed drilling of sampling Frasergold project in British Columbia. Both companies have filed the NI 43-101 technical report and estimates contained gold deposits...
Lake Shore Gold and West Timmins Mining Complete Business Combination
Lake Shore Gold Corp. and West Timmins Mining Inc. today jointly announced that the companies have completed the business combination originally announced August 27, 2009. Under terms contemplated by the Business Combination Agreement,
South African Mining Groups Doing Well In South America
South America is a continent whose richness in natural resources became legendary through myths such as El Dorado or the Emerald Mountain. Neither of these ever existed, of course, but today the continent produces antimony, bauxite, coal, cobalt, copper, gold, iron-ore, lead, manganese, molybdenum, nickel, phosphates, platinum, silver, tantalum, tin, titanium, tungsten, uranium, zinc and zirconium, plus oil and gas, as well as a wide range of precious and semiprecious stones.
Maya Gold & Silver Has Started Gold Mining Exploration Project In Morocco
Canadian mining companies, Maya Gold & Silver has started drilling and exploration project gold mine Gold & Silver Amimiz, Morocco. Early stages of drilling a gold mine 7.500 m and will be completed in four months. The results of the survey at Amimiz mines, has been found 26.16 g / t Au with a width of 0.98 followed by more than 34m.
USCorp Gold and Silver Junior Exploration Mining Company Update
USCorp, updates shareholders and other interested individuals regarding its progress.
Management is pursuing ongoing negotiations with a number of individuals representing various mining companies and has uploaded proprietary technical data to a secure website for viewing by industry professionals as discussed in our October 22, 2009 press release.