Yahoo! Canada Finance: Steel & Iron Industry News

Austral Pacific Reports Results of A6 Well Drilling and Notification of Waihapa Production Station Temporary Shut Down

Sat, 05 Jul 2008 00:23:36 GMT

CNW Group - Austral Pacific Energy Ltd. (TSX-V: APX; NZSX: APX)

Teck Cominco Q2 2008 Financial Results July 23, 2008 and Investors' Conference Call July 24, 2008

Fri, 04 Jul 2008 22:15:05 GMT

Marketwire - Teck Cominco Limited will release its second quarter 2008 earnings results on Wednesday, July 23, 2008 after markets close.

Tahera Diamond Corporation provides update

Fri, 04 Jul 2008 20:01:42 GMT

CNW Group - Tahera Diamond Corporation ("Tahera" or the "Company") (TSX-TAH). As previously...

Pelangio Congratulates the Detour Gold Team on its Updated Resource Estimate on the Detour Lake Project

Fri, 04 Jul 2008 19:52:49 GMT

Marketwire - Pelangio Mines Inc. (TSX:PLG) ("Pelangio") would like to congratulate the Detour Gold team on its excellent ongoing work on the Detour Lake property in northern Ontario.

Cogitore Resources Inc. announces grant of options

Fri, 04 Jul 2008 19:20:52 GMT

CNW Group - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) announces that it has granted Louis Morin, Director of Investor Relations for the Company, stock options to purchase up to 75,000 common shares of the Company at an exercise price of $0.50, expiring on June 30, 2013, as per the Company's original agreement with Mr.

Navasota Closes $2,750,000 Financing

Fri, 04 Jul 2008 19:04:19 GMT

Marketwire - THIS PRESS RELEASE IS Navasota Resources Ltd. ("Navasota") (TSX VENTURE:NAV) has closed a private placement of 5,500,000 units (the "Units"), at a price of $0.50 per Unit, for proceeds totalling $2,750,000.

CORRECTION FROM SOURCE: Noront Resources Ltd.-Clarification for High Grade Initial Resource Estimate at Eagle One Deposit

Fri, 04 Jul 2008 18:54:49 GMT

Marketwire - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is issuing this press release to clarify two items disclosed in its July 3 release.

Crescent Gold Limited: Board Changes

Fri, 04 Jul 2008 18:31:32 GMT

Marketwire - Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) -

EU steps up scrutiny of BHP takeover of Rio Tinto

Fri, 04 Jul 2008 18:05:00 GMT

AFP - BRUSSELS (AFP) - The European Commission on Friday opened an in-depth antitrust probe into mining giant BHP's hostile takeover of rival Rio Tinto over "serious doubts" the deal could stifle competition amid soaring commodities prices.

Castle Gold Announces Results of Annual General Meeting

Fri, 04 Jul 2008 17:45:31 GMT

Marketwire - Castle Gold Corporation ("Castle Gold" or the "Company") (TSX VENTURE:CSG) is pleased to announce the results of its annual general meeting of shareholders (the "Meeting") held on June 30, 2008.

Temoris Resources Inc.: Private Placement Closing

Fri, 04 Jul 2008 17:17:40 GMT

Marketwire - Temoris Resources Inc. (TSX VENTURE:TMO) ("Temoris Resources or the Company") has closed its private placement for a total proceeds of $100,000.

Nortec Announces Start of the Phase III Diamond Drilling Program on the Kaukua Platinum-Palladium-Gold (PGE + Au)-Nickel-Copper Property, Northeastern

Fri, 04 Jul 2008 17:15:14 GMT

Marketwire - Further to the press release dated June 9, 2008, Nortec Ventures Corp. (TSX VENTURE:NVT), ("Nortec" or the "Company"), is pleased to announce the commencement of Phase III 3000 metre diamond drilling program on the Kaukua Platinum - Palladium - Gold (PGE + Au) - Nickel - Copper Property, Northeastern Finland.

Kaminak Closes Spin-out of Kivalliq Energy Corporation and Shareholders to Receive Kivalliq Units

Fri, 04 Jul 2008 17:01:15 GMT

Marketwire - Kaminak Gold Corporation (TSX VENTURE:KAM) today announced that the spin-out of Kivalliq Energy Corporation has been completed.

Mindoro Issues Incentive Stock Options

Fri, 04 Jul 2008 13:32:29 GMT

CNW Group - Mindoro Resources Ltd. (TSXV: MIO; Frankfurt: WKN 906167) today announced that incentive stock options have been granted to directors, officers, advisory board members and employees of the Company and the Company's Philippine subsidiary, MRL Gold Phils., Inc., to purchase 2,395,000 common shares at an exercise price of $0.29 per share for a five year term.

Canadian Mining Completes Bullard Pass NI 43-101 & Plans Fall Drill Program

Fri, 04 Jul 2008 13:01:20 GMT

CNW Group - Canadian Mining Company Inc. (the "Company") is pleased to report that a NI 43-101 has been completed by Dr.

FNX and Wahnapitae First Nation Sign Historic Mutual Benefits Agreement

Fri, 04 Jul 2008 13:00:14 GMT

Marketwire - FNX Mining Company Inc. (TSX:FNX) ("FNX" or the "Company") and Wahnapitae First Nation ("WFN") today signed an Impact and Benefits Agreement ("IBA" or "Agreement"), which describes how they will collaborate during the life of the Podolsky Mine and into the future on other mining projects at FNX's Podolsky Property.

Sweden's Deputy Prime Minister Visits Northland's Iron Projects

Fri, 04 Jul 2008 12:30:41 GMT

Marketwire - Mr. Ralph Rushton, a Director of Northland Resources Inc. (TSX:NAU)(FRANKFURT:NBS)(OSLO:NAUR), is pleased...

Another Windfall for Noront With High Grade on Initial Resource Estimates at Eagle One Deposit

Fri, 04 Jul 2008 12:30:23 GMT

Marketwire - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to report the results of an initial resource estimate by P&E Mining Consultants Inc. of Brampton Ontario on its recently discovered Eagle One Cu-Ni-PGE Deposit, lying within the Double Eagle Project located in the James Bay Lowlands, northeastern Ontario.

Mill Bay Receives Letter of Comfort on Coal Permits

Fri, 04 Jul 2008 12:00:18 GMT

Marketwire - Mill Bay Ventures Inc. ("Mill Bay" or the "Company") (TSX VENTURE:MBV)(PINK SHEETS:MLBVF)(FRANKFURT:M4K) is pleased to announce that the Company has received a priority comfort letter from the Ministry of Energy and Resources of Saskatchewan with regards to two of four township applications made on May 22, 2008 on behalf of Mill Bay encompassing 18,432 hectares (45,545.47 acres) of a total of 36,864 hectares (91,090.94 acres) ground west of Hudson Bay, Saskatchewan.

Vaaldiam Announces Rights Offering

Fri, 04 Jul 2008 12:00:15 GMT

Marketwire - Vaaldiam Resources Ltd. ("Vaaldiam" or the "Corporation") (TSX:VAA) today announced that it has filed a preliminary short form prospectus in each of the provinces and territories of Canada in connection with a distribution to its shareholders of rights exercisable to subscribe for common shares of the Corporation (the "Rights Offering").

Radisson Mining Provides its Presentation to the Recent Shareholders Annual Meeting

Fri, 04 Jul 2008 12:00:10 GMT

Marketwire - The following is a summary of a presentation on Radisson Mining (TSX VENTURE:RDS) made by Dale M. Hendrick,P.Eng.,...

European Minerals Corporation Announces Change of Name

Fri, 04 Jul 2008 09:30:08 GMT

Marketwire - European Minerals Corporation ("EMC" or "the Company"") (TSX:EPM)(AIM:OSU) announces that it has changed its name to Orsu Metals Corporation.

Convertible Unsecured Subordinate Debentures

Fri, 04 Jul 2008 00:12:29 GMT

CNW Group - Birch Mountain Resources Ltd. ("Birch Mountain" or the "Company") (BMD: TSX and AMEX) announces that it has not made the scheduled June 30, 2008, interest payment to the holders of the Convertible Unsecured Subordinate Debentures.

Silk Road Resources Enters into Commitment Letter in Respect of Private Placement of 7% Unsecured Convertible Debenture

Thu, 03 Jul 2008 22:25:58 GMT

CNW Group - Silk Road Resources Ltd. (TSXV-SIL) (the "Company" or "Silk Road") is pleased to announce that it has entered into a commitment letter with Patriarco Holdings Ltd. ("Patriarco") in connection with a non-brokered private placement of a 7% unsecured convertible debenture (the "Debenture") for aggregate gross proceeds to the Company of $1,250,000 (the "Offering").

Anaconda Updates Progress at the Pine Cove Gold Mine and Announces Loan Facility

Thu, 03 Jul 2008 22:03:07 GMT

Marketwire - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX:ANX) is pleased to provide an update on start-up of the Company's Pine Cove Gold Mine ("Pine Cove"), located near Baie Verte, Newfoundland.

Northgate Minerals Corporation - Conference Call and Webcast Notice of Q2 Financial Results

Thu, 03 Jul 2008 21:57:56 GMT

CNW Group - You are invited to participate in the Northgate Minerals Corporation (TSX: NGX, AMEX: NXG) live conference call and webcast discussing our second quarter financial results.

Buenaventura Announces Stock Split

Thu, 03 Jul 2008 21:49:51 GMT

PRNewswire - Compania de Minas Buenaventura S.A.A. (the "Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly-traded precious metals mining company announced that its Board of Directors has approved a two-for-one split of the Company's outstanding common shares, investment shares and American Depositary Shares ("ADSs").

Jaguar announces closing of continuance transaction

Thu, 03 Jul 2008 21:31:33 GMT

CNW Group - Jaguar Financial Inc. ("Jaguar") (TSX: JFI) is pleased to announce that it closed the continuance transaction (the "Continuance") on July 2, 2008, which was approved by shareholders at the annual and special meeting held on June 30, 2008, in Montreal, Quebec (the "Meeting").

Western Files Mongolian Resource Report for Gurvanbulag

Thu, 03 Jul 2008 21:00:04 GMT

Marketwire - Western Prospector Group Ltd. (TSX VENTURE:WNP) ("Western") today announced it has filed an independent resource report with the Mineral Resources and Petroleum Authority of Mongolia ("MRPAM") for its Gurvanbulag uranium deposit.

Network Exploration private placement

Thu, 03 Jul 2008 20:42:39 GMT

CNW Group - Network Exploration Ltd. (the "Company") (TSX.V: NET), further to the Company's news release issued June 4, 2008, announcing a private placement of up to $1,500,000 at $0.10 per unit, the Company has, subject to regulatory approval, amended the terms of the private placement as follows: the Company will offer a maximum of 15,000,000 Units at a price of 5 cents per Unit for proceeds of up to $750,000.

Yukon Gold Corporation, Inc. - Marg Drilling starts

Thu, 03 Jul 2008 20:31:30 GMT

CNW Group - Yukon Gold Corporation, Inc. ("Yukon Gold" or the "Company"), (TSX: YK) (OTCBB: YGDC) (Frankfurt: W8Y) is pleased to announce the start of drilling on the Marg deposit.

Threegold Resources Organizes $150,000 Private Placement

Thu, 03 Jul 2008 19:57:06 GMT

Marketwire - Threegold Resources Inc. (TSX VENTURE:THG) announces that it proposes to issue 600,000 common shares at a price of $0.25 per share to "accredited investors" resident in the province of Quebec, for gross proceeds to Threegold of $150,000.

TSX higher but selling pressure continues on mining stocks;NY up on jobs data

Thu, 03 Jul 2008 19:48:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was slightly higher mid-afternoon Thursday as commodity stocks lost ground for a second day on worries about how slowing economic conditions will cut demand.

Saturn Minerals Closes Financing With Loeb Aron & Company Ltd.

Thu, 03 Jul 2008 19:35:35 GMT

Marketwire - Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn" or the "Company") is pleased to announce that further to the Company's news release dated May 12, 2008, Saturn has closed the non-brokered private placement (the "Financing") with Loeb Aron & Company ("Loeb Aron").

Highly Anomalous Number of Indicators are Identified on United Uranium Corp. and Star Uranium Corp jointly (50/50) owned Peace River Diamond Project

Thu, 03 Jul 2008 19:27:23 GMT

CNW Group - United Uranium Corp. (UUC-TSX Venture) and Star Uranium Corp. (SUV-TSX Venture) (the "Companies") wish to report preliminary results from its drilling program conducted in March 2008 on its jointly owned (50/50) Peace River Kimberlite project.

Nuinsco Reports Further Positive Drill Results From Diabase Peninsula Uranium Project

Thu, 03 Jul 2008 19:02:52 GMT

Marketwire - Nuinsco Resources Limited (TSX:NWI) (www.nuinsco.ca) today announced further assays from its Diabase Peninsula uranium project with anomalous uranium levels that are typical of values at the margins of economic uranium deposits in Saskatchewan's Athabasca Basin.

TSX flat as selling pressure continues on mining stocks;NY finishes higher on data

Thu, 03 Jul 2008 19:01:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was little changed mid-afternoon Thursday as commodity stocks lost ground for a second day on worries about how slowing economic conditions will cut demand.

Comprehensive Metallurgical Study Confirms Improved Recoveries, Ability to Produce High-Grade Nickel Concentrate at Victory Nickel's Minago Deposit

Thu, 03 Jul 2008 18:49:28 GMT

Marketwire - Victory Nickel Inc. ("Victory Nickel" or the "Company")(TSX:NI)(www.victorynickel.ca) today announced that the most recent comprehensive metallurgical study of composite samples from the Minago nickel deposit in Manitoba's Thompson Nickel Belt confirms that a high-grade nickel concentrate can be produced, achieving an increased total nickel recovery of 58.2%, using conventional milling and flotation.

Vale Announces Global Offering

Thu, 03 Jul 2008 18:48:56 GMT

CNW Group - Companhia Vale do Rio Doce (Vale) announces that, subject to market conditions and receipt of final approval from the Brazilian securities regulator (Comissao de Valores Mobiliarios), it plans to launch a global offering of up to 256,926,766 common shares and 164,402,799 preferred shares (not including any exercise of the underwriters over-allotment option) on or near July 4, 2008.

Mantis Mineral Corp. appoints Anthony Millo to position of Chief Financial Officer

Thu, 03 Jul 2008 18:47:22 GMT

CNW Group - Mantis Mineral Corp. ("Mantis" - CNQ "MINE") is pleased to announce the appointment of Tony Millo to serve as Chief Financial Officer effective immediately of Mantis Mineral Corp.

Dynamic Resources Corp.: Sentell Field Update

Thu, 03 Jul 2008 18:44:54 GMT

Marketwire - Dynamic Resources Corp. ("Dynamic")(CNQ:DYRF)(PINK SHEETS:DYRFF) Dynamic has been informed by the operator of its Sentell Field project that a 10 well drilling program will commence in August that will start by drilling two Cotton Valley wells.

Swift Resources Closes Financing With MineralFields Group

Thu, 03 Jul 2008 18:34:07 GMT

Marketwire - Swift Resources Inc. (TSX VENTURE:SWR) ("Swift" or the "Company") is pleased to announce that it has closed a private placement on a bought deal basis (the "Financing") with MineralFields Group.

Mining stocks keep TSX negative; N.Y. closes higher ahead of holiday

Thu, 03 Jul 2008 18:28:00 GMT

The Canadian Press - TORONTO - New York stock markets closed mainly higher in an abbreviated session ahead of the July 4 holiday as investors got a lift from jobs data that generally met expectations.

IMPACT Announces Sale of San Sabino Concession in Zacatecas

Thu, 03 Jul 2008 18:26:02 GMT

Marketwire - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT) announces that it has sold its 35% interest in the San Sabino concession in Zacatecas to Apex Silver Mines Limited ("Apex") for US$325,000 plus a retained 1% Net Smelter Return Royalty purchasable by Apex for US$1 million.

Getty Copper sulfuric acid use and recovery update

Thu, 03 Jul 2008 18:25:44 GMT

CNW Group - The Company wishes to announce that it has engaged Eco-Tec Inc. of Pickering, Ontario, Canada (www.eco-te c.com) as a vendor for the provision of hydrometallurgical acid recovery technology via their globally commercialized Acid Purification Unit (APU(R)).

High Ridge Drills the Chanape Property and Expands 3D Induced Polarization Survey in the San Mateo Area, Peru

Thu, 03 Jul 2008 18:16:49 GMT

Marketwire - High Ridge Resources Inc. ("High Ridge" or the"Company") (TSX VENTURE:HRR)(FRANKFURT:HR2) is pleased to advise that their initial stage drilling program on the Chanape project, near San Mateo, 95 kilometers east of Lima, Peru, is advancing well.

Gold Resource Estimated for Igor

Thu, 03 Jul 2008 18:12:56 GMT

CNW Group - Sienna Gold Inc. (SGP.V TSX Venture Exchange) announces the results of its resource estimation for the Domo and Tesoros mineralized zones at the Igor prospect.

Miracle Capital Ltd. Acquires Shares of Slocan-Rambler Mines (1947) Limited

Thu, 03 Jul 2008 18:06:02 GMT

Marketwire - Miracle Capital Ltd. wishes to announce the completion of the acquisition of an aggregate of 1,603,281 common shares of Slocan-Rambler Mines (1947) Limited (the "Company").

Oromonte shareholders approve consolidation and name change

Thu, 03 Jul 2008 18:04:06 GMT

CNW Group - Oromonte Resources Inc. ("Oromonte" or the "Company") (ORR:TSX-V; OF6:FRA) is pleased to announce that at the Company's annual and special meeting held on June 30, 2008, the shareholders of Oromonte approved the consolidation of the Company's common shares on an up to three for one basis and the change of the Company's name to "Georox Resources Inc.".

Firesteel and Blacksteel increase private placement financing to $3,300,000

Thu, 03 Jul 2008 17:52:08 GMT

CNW Group - Mr. Walter Wakula, President and CEO of Firesteel Resources Inc. ("Firesteel" or the "Company"),...

Pacific North West Capital and Benton Resources Complete Helicopter-borne Magnetic and VTEM Survey on the Swayze Nickel Project, ON

Thu, 03 Jul 2008 17:00:51 GMT

CNW Group - Pacific North West Capital Corp. ("PFN") (TSX: PFN) and Benton Resources Corp. (TSX.V : BTC) ("Benton") are pleased to announce that a helicopter-borne magnetic and electromagnetic (VTEM) survey has been completed over the Tooms Twp claim block of the Swayze JV Project located west of Timmins, Ontario.

Endeavour provides update on advisory role with Baja Mining

Thu, 03 Jul 2008 16:57:38 GMT

CNW Group - Endeavour Mining Capital Corp. ("Endeavour" or the "Corporation") is the exclusive financial advisor to Baja Mining Corp., ("Baja") a TSX-listed company developing the Boleo Project, Mexico's largest copper/cobalt deposit.

Delta Uranium Reports Preliminary Drill Results at Ely Lake

Thu, 03 Jul 2008 16:56:47 GMT

Marketwire - Delta Uranium Inc. ("Delta" or the "Company") (TSX:DUR) is pleased to announce the results of the first three diamond drill holes to test the Ely Lake Zone ("Ely Lake") forming part of the Company's 100% owned Kenora Uranium Project in Northwestern Ontario.

Gulf Resources and Shandong Institute of Light Industry Establish Cooperative Research and Development Program

Thu, 03 Jul 2008 16:29:35 GMT

Business Wire - Gulf Resources, Inc. (OTCBB: GFRE), a leading producer of bromine, crude salt and specialty chemicals in China, today announced that its specialty chemicals subsidiary has established a cooperative research and development agreement with the Shandong Institute of Light Industry to create improved products for use in the papermaking industry.

PennFuture Hails Passage of Historic Global Warming Bill

Thu, 03 Jul 2008 16:26:19 GMT

Business Wire - Citizens for Pennsylvania’s Future (PennFuture) today heralded the Pennsylvania General Assembly for overwhelmingly passing the Pennsylvania Climate Change Act, the first-ever legislation on global warming to pass on the state level.