Odyssey Resources has completed exclusivity agreements with two privately held Moroccan mining companies. These agreements provide Odyssey with exposure to a variety of metal commodities and the opportunity to develop relationships with existing mining companies in Morocco that can provide properties, infrastructure and working experience.
Global Mines is a Casablanca-based company that operates a number of […]

Central African Mining & Exploration (CAMEC) is to gain direct access to the Chinese economy through the acquisition of a major Chinese cobalt chemical plant. The company has signed a heads of agreement for the acquisition of Zhejiang Galico Cobalt & Nickel Material Co and Alliance Minerals and Resources Trading for $42.5 million in cash […]

Tamaya Resources, previously SMC Gold, and Iberian Resources have agreed to merge by means of an off-market takeover offer by Tamaya for all the shares in Iberian. The new Tamaya will be an emerging mid-tier gold-copper mining company. Four Tamaya shares will be offered for each Iberian share in a transaction that values the merged […]

DRA received a $2 million order from the Russian diamond miner Alrosa for three modular DMS plants for alluvial mining operations in the Republic of Yakutia in northern Siberia, near the Anabar River. The first modular plant was shipped in December last year and the remaining two in February 2007.
The 55-65 t/h capacity plants were […]

Imdex has acquired Swedish based Flexit and this follows last year’s acquisition of Reflex (also Swedish). Both Flexit and Reflex are significant global suppliers of borehole survey systems to mineral exploration and mining. Their innovative technologies offer cost saving solutions through the use of electronic instruments to deliver survey data accurately and in a timely […]

Uranium One has entered into a definitive agreement with US Energy Corp and its affiliate, Crested Corp, for the purchase of the Shootaring Canyon uranium mill in Utah, USA, as well as a land package comprising some 15,686 ha of uranium exploration properties in Utah, Wyoming, Arizona and Colorado and a substantial database of geological […]