Archive for January, 2010

Champion Minerals completes private placement

Champion Minerals Inc. (TSX VENTURE:CHM)(FRANKFURT:P02) reported the completion of company’s previously announced non-brokered private placement, subject to final TSX Venture Exchange acceptance. The press release is quoted as saying: Champion is an exploration company focused on discovering and developing significant metal resources in eastern Canada, particularly in the provinces of Quebec and Newfoundland and Labrador. [...]

Australia Port Hedland iron ore exports rise

Iron ore shipments from Australia’s Port Hedland rose to 14.87 million tonnes in December from 13.99 million tonnes during November,2009. The news release is quoted as saying: China remained the largest destination with shipments of 11.17 million tonnes versus 9.68 million tonnes in November. Port Hedland handles production from mines owned by BHP Billiton (BLT.L) [...]

Mindoro’s Surigao project update

Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT:WKN 906167) reported an Exploration Target on its northern Surigao Projects of from 50 to 70 million dry metric tonnes (DMT) in a grade range of 0.9 percent to 1.2 percent nickel and 28 to 32 percent iron. The press release is quoted as saying: Mindoro’s Surigao projects are located in [...]

Atlas Iron trade halted on divestment report

On Thursday, Australian iron ore miner Atlas Iron (AGO.AX) requested a halt in the trading of its shares. The news release is quoted as saying: A West Australian newspaper said on Thursday, without citing sources, that Atlas Iron was close to finalising the sale of a majority stake in a two-billion-tonne magnetite deposit in a [...]

CHAMPION MINERALS completes private placement

CHAMPION MINERALS INC. (TSX VENTURE:CHM)(FRANKFURT:P02) reported that it intends to complete a non-brokered private placement of up to 1,800,000 Flow-Through Units of Champion at a price of $0.60 per F-T Unit for total proceeds of up to $1,080,000. The press release is quoted as saying: Champion is an exploration Company focused on discovering and developing [...]

Champion Minerals closes private placement

Champion Minerals Inc. (TSX VENTURE:CHM)(FRANKFURT:P02) announces the completion of the first tranche of its previously announced non-brokered private placement. The press release is quoted as saying: Champion is an exploration company focused on discovering and developing significant metal resources in eastern Canada, particularly in the provinces of Quebec and Newfoundland and Labrador. Click here to [...]