IGE Moves Towards Commercialization of Alluvial Diamonds

International Gold Exploration (IGE) announced Monday that it has fulfilled its contractual obligations to Endiama in regards to their joint alluvial diamond venture, Luxinge, and will now be closer to commercialization of the Angolan project.

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  1. Century Mining announced that the previously announced debt and equity financings totaling CAD$60.75 million have all been completed. These funds will be used to continue exploration, development and to reopen the Lamaque project, Québec, Canada. The

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  3. Genco Resources announced it has settled certain current liabilities amounting to CAD$986,270 by the issuance of 2,408,473 common shares of the company at a deemed price of CAD$0.41 per common share. This transaction completes a one-time process of

  4. * Dollar wilts versus euro, lifting precious metals * Crude oil, base metals prices also rise * Platinum, palladium hit multi-month highs (Updates prices, adds comment) LONDON, Jan 4 (Reuters) – Gold rose 2.5 percent to a three-week high on Monday as

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  6. London: European shares kicked off the new year by hitting a 15-month high on Monday, extending last year’s sharp rally as positive economic data, stronger commodity prices and merger and acquisition news boosted sentiment.By 1134 GMT, the FTSEurofirst

  7. ‘Sciencebod’ Colin sums up the energy trilemma. Colin Two clear messages have emerged during the ten weeks this series of sponsored features has been running. They can summed up in two words – DIVERSITY (of energy supply) coupled with ECONOMY (at the

  8. Mark O’Byrne submits: Gold Gold range traded overnight from $1,099/oz to $1,103/oz but it has since moved up some 1.7%. Gold is currently trading at $1,112.00/oz and in euro and GBP terms, gold is trading at €775/oz and £688/oz respectively. Gold is stronger today due to the weaker dollar and positive Chinese economic data which bodes well for demand for gold in China as we approach the Chinese New Year. Also supporting gold are higher oil prices due to the cold winter in the northern hemisphere and the Russia-Belarus oil row. While talk of a Russian threat to European oil and gas supply is exaggerated, it is a reminder that geopolitical risks remain. »

  9. BLAINE, WASHINGTON–(Marketwire – Jan. 4, 2010) – Tamerlane Ventures Inc. (“Tamerlane” or the “Company”) (TSX VENTURE: TAM.V) announces that further to its press release dated December 28, 2009, it has closed the flow-through non-brokered private

  10. OVERLAND PARK, Kan., Jan. 4 /PRNewswire-FirstCall/ — Infinity Energy Resources, Inc. (Pink Sheets: IFNY) (“Infinity” or the “Company”), an independent oil and gas exploration and development company, today announced that it is prepared to provide

  11. /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, Jan. 4, 2010 /CNW/ – Starfield Resources Inc. (“Starfield” or the “Company”) (TSX: SRU.TO) today announced that on December 31, 2009 it completed the sale of

  12. 1/4/2010 8:50 AM E RELATED NEWS TOP MARKET NEWS (RTTNews) – High-Btu thermal coal and metallurgical coal producer Consol Energy, Inc. (CNX: News ) announced Monday that its board has approved a capital budget of $1 billion for 2010. The budget includes

  13. It’s 2010 and that means the World Cup year is here! In June, South Africa will become the first African country to ever host the footy tournament. Ore’s been finding out more about the preparations going on there.

  14. See more news releases in: Publishing & Information Services, Chemical, Surveys, Polls and Research NEW YORK, Jan. 4 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: Global demand to rise 3.5%

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  16. Toronto-based Iamgold’s CEO, Joseph Conway, will leave the company on January 15, the gold-miner announced on Monday. The firm will start searching for a new chief executive, and has appointed director Peter Jones as acting CEO in the meantime.

  17. ASX-listed explorer Dioro Exploration on Monday advised its shareholders to take no action in relation to fellow listed Avoca Resource’s new takeover offer, until a recommendation could be made. Avoca’s new offer would comprise A$0,65 cash, and 0,325

  18. IRVINE, Calif., Jan. 4, 2010 (GLOBE NEWSWIRE) — C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, Calif. announced today that it has initiated coverage of Diamond Offshore Drilling, Inc. (NYSE: DO). “Diamond

  19. er rose two per cent to a 16-month high, building on gains of about 140 per cent last year, on strikes in top producer Chile and as more investors piled into the metal. But analysts warned of volatile trading and price corrections in the coming weeks, as