Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) reported that the company has signed a Non-Binding Memorandum of Understanding, to purchase 50% of Rio Madeira Comercio Importacao E Exportacao De Minerios.
Ecometals Limited reported that on May 14th, 2010 the State Judge of the 4th Civil Court of the District Court of Macapa, State of Amapa, Brazil ruled that the responsibility for any environmental liabilities arising out of the former mining activities carried out by ICOMI at the Serra do Navio mine belongs exclusively to Alto Tocantins Mineracao Ltda.
Metalsplace.com reported Manganese prices rising steadily: companies profit:
American Manganese reports Kemetco Research has completed its task to develop a conceptual process for extraction and recovery of high purity manganese metal at Artillery Peak, Mohave County, Arizona. The Company has agreed to Kemetco’s recommendation to seek patent protection for this novel innovative proprietary technology which will enable the manganese resources at Artillery Peak to [...]
Brazil Gold Corp. (OTCBB:BRZG) reported that the company has signed the definitive agreement to acquire the ownership rights to 99% of Amazonia Capital e Partipacoes Ltda. of Brazil.
American Manganese reports it has received results for drill holes 1 through 37 from its on-going Artillery Peak drilling program. Hole numbers 33 – 37 are located on the Manganese Mesa and hole number 32 is located on Cobweb Hill where little information was previously known. The mineralization at Artillery Peak Mohave County, Arizona takes the form [...]
China Armco Metals, Inc. (NYSE Amex: CNAM), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China, reported the Company’s financial results for the first quarter of 2010.
American Manganese Inc., (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) announced the Company has received results for drill holes 3, 6 and 7 through 31 from its on-going Artillery Peak drilling program.
China Armco Metals, Inc. (NYSE Amex: CNAM), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China, today announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference on Tuesday, May 18th, 2010.
Mining giants BHP Billiton and Vale S.A. have increased their manganese production in light of rebounding steel demand from India and China. The long term outlook for manganese looks strong due to increased demand for the metal, as well as factors on the supply side that may drive up prices through 2011.
Tuesday, May 25, 2010