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Xstrata ditches Lonmin bid due to credit crunch (Reuters)

news.yahoo.com | Oct 1, 2008

Miner Xstrata Plc dropped plans for a $10 billion takeover bid for No. 3 platinum producer Lonmin Plc on Wednesday due to financing difficulties linked to the global credit crunch, sending Lonmins share price plummeting.

http://news.yahoo.com/s/nm/20081001/bs_nm/us_xstrata_lonmin

Xstrata: Falconbridge Dominicana to suspend operations

www.marketwatch.com | Aug 19, 2008

LONDON (MarketWatch) -- Xstrata said Tuesday that Falconbridge Dominicana, a nickel mining and processing operation with an annual capacity of 29,000 tonnes of nickel in ferronickel, is temporarily suspending operations as a result of market conditions. This is due to a combination of extremely

http://www.marketwatch.com/news/story/xstrata-falconbridge-dominicana-suspend-operations/story.aspx?guid=%7BC351B005%2D72D7%2D42A0%2D9080%2D502ECACF40D5%7D&siteid=rss

Duluth Metals appoints Thomas F. Pugsley to Board (PR Newswire)

biz.yahoo.com | Aug 7, 2008

Duluth Metals appoints Thomas F. Pugsley to Board. - TORONTO, Aug. 7 /PRNewswire-FirstCall/ - Duluth Metals Limited (Duluth Metals) (TSX: DM - News; TSX:DM.

http://biz.yahoo.com/prnews/080807/to650.html?.v=1

Web Sites

Total : 194 View more »

Seabridge Gold :: Kerr-Sulphurets-Mitchell :: Summary

All disclosure of a scientific or technical nature in this Annual Information Form in respect of the Kerr-Sulphurets Project, other than the resource estimate calculated by Placer Dome (CLA) Limited, was prepared by, or under the supervision of, William E.

http://www.seabridgegold.net/ksm_summary.php?PHPSESSID=a0eaf10f5e14df4a6636878ebee07d3f

Jeffery A. Snow Lawyer Profile on Martindale.com

www.martindale.com

Jeffery A. Snow Profile by Martindale-Hubbell. Find Jeffery A. Snow's contact information, experience and credentials, peer review ratings etc.

http://www.martindale.com/Jeffery-A-Snow/22554184-lawyer.htm

minesite.com: Caledonia Mining Corp

Caledonia is an African focused mining company with an exciting cobalt development project in Zambia, a gold mine in Zimbabwe and a platinum-nickel exploration project in South Africa. Caledonia is listed on the TSX (CAL), AIM (CMCL) and the NASDAQ-OTCBB (CALVF).

http://www.minesite.com/companies/comp_single/company/caledonia-mining-corp.html

Jeffery A. Snow Toronto, Ontario Profile

www.lawyers.com

Biography: Former Senior Vice President and General Counsel, Falconbridge/Noranda. Member: Canadian Institute of Mining and Metallurgy; Prospectors and Developers Association of Canada. (Managing Director, Mining Group)

http://www.lawyers.com/Ontario/Toronto/Jeffery-A.-Snow-22554184-a.html

 

AXMIN Appoints Alex Dann Chief Financial Officer - Zibb.com

AXMIN Inc. (TSX VENTURE: AXM) announces the appointment of Mr. Alex Dann as Vice-President, Finance and Chief Financial Officer of the Company.

Mr. Dann is a Chartered Accountant with over 15 years of experience leading the financial operations and strategic planning for multinational companies primarily in the mining sector. Alex has held senior roles with Falconbridge, Rio Algom Ltd., and most recently as CFO of Goldbelt Resources Ltd. which was sold to Wega Mining ASA in late 2007. At the time of the sale, Goldbelt was developing the Inata gold project in Burkina Faso. Prior to joining Goldbelt, Alex headed the Finance group for an automotive parts supplier that included Magna International Inc. as one of the primary partners.

Mr. Dann succeeds Craig Banfield who leaves to pursue other opportunities. Mr. Banfield will remain with AXMIN for a period to ensure a smooth transition.

Mr. Mario Caron AXMIN's President and CEO comments "We are very pleased to welcome Alex to the AXMIN team and his depth of financial and operational experience will be invaluable in developing the Passendro Gold Project. Craig was the Company's CFO since its initial public offering in 2001 and played a key role in its evolution. I thank Craig for his contributions and wish him all the best."

Coincident with Mr. Dann's appointment, he was granted on September 2, 2008 stock options for 500,000 common shares of the Company exercisable at Cdn$0.15 each expiring on August 31, 2013.

About AXMIN

AXMIN is a Canadian exploration and development company with a strong focus on central and west Africa. AXMIN's goal is to rapidly move its Passendro Gold Project, Central African Republic towards production. AXMIN is positioned to grow in value as it develops its project pipeline in parallel pursuing new opportunities to increase its asset base. For more information regarding AXMIN visit our website at www.axmininc.com.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of AXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from AXMIN's expectations are disclosed under the heading "Risk Factors" and elsewhere in AXMIN documents filed from time-to-time with the TSX Venture and other regulatory authorities. AXMIN disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
AXMIN Inc.
Mario Caron
President & CEO
(416) 368-0993 ext 223

AXMIN Inc.
Judy Webster
Manager Investor Relations
(416) 368-0993 ext 221
Email: ir@axmininc.com
Website: www.axmininc.com


SOURCE: AXMIN Inc.

mailto:ir@axmininc.com
http://www.axmininc.com

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Tags: appointment   automotive   burkina faso   canada   central african republic   ceo   contributions   email   exploration   finance   gold   law   mining   pipeline   president   public offering   stock option  

Companies: Axmin Inc. (AXM), Axmin Inc. (AXMIF), Goldbelt Resources Ltd. (GLDRF), Magna International Inc. (MGA)

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Bruce Dumville Appointed New President and CEO of Aurora, Mark O'...

Zibb.com | Aug 6, 2008

Oliver Lennox-King, Chairman of the Board of Directors of Aurora Energy Resources Inc. (Aurora or the Company) (TSX: AXU) is pleased to announce the appointment of Bruce Dumville as the new President and Chief Executive Officer, effective on or about September 8, 2008 and...

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Duluth Metals appoints Thomas F. Pugsley to Board - Zibb.com

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) is pleased to announce that Mr. Thomas F. Pugsley has been appointed to its Board of Directors. Mr. Pugsley is known for his long term senior management role with Falconbridge Limited, which involved the development and construction of a number of worldwide large scale copper and nickel mines. He is a Fellow of both the Canadian Institute of Mining, Metallurgy and Petroleum and the Canadian Academy of Engineering (FCAE), and holds a Bachelor of Engineering degree from the Royal School of Mines as well as a Masters Degree in Mining Engineering from McGill University.

Christopher Dundas, Chairman of Duluth Metals, stated, "Tom Pugsley's appointment brings senior level mine development and construction expertise to the Company from over 30 years experience with Falconbridge Limited including former Senior Vice President of Projects and Engineering. His experience with the Koniambo ferro nickel project, Gag Island nickel project and the Collahuasi copper mine expansion will be a major asset as the Company proceeds on the planning and development phase of the copper-nickel-platinum group Nokomis Deposit near Ely, Minnesota."

Thomas Pugsley held senior management positions with Falconbridge Limited from 1977 onwards and retired from Falconbridge in 2004. Mr. Pugsley managed Falconbridge's interest in the US$1.8 billion Collahuasi Copper Project in Chile. He was also responsible for the implementation of Falconbridge's $600 million Raglan Project located in Nunavik Quebec as well as the design, planning and development of Falconbridge's US$3 billion Koniambo Ferronickel Project in New Caledonia. Prior to Falconbridge, Mr. Pugsley was Senior Mining Engineer and Mine Superintendent for Cominco's Black Angel Mine in Greenland. Mr. Pugsley and the Falconbridge team were awarded the PDAC Developers Award in 2000 for development of the Raglan and Collahuasi mines.

Currently Duluth Metals is moving forward into the pre-feasibility and mine planning stage of the Nokomis Deposit which contains an NI 43-101 compliant resource of 449 million tonnes of Indicated Resources grading 0.624% copper, 0.199% nickel, 0.600 grams per tonne of total precious metals (TPM = Platinum+Palladium+Gold), and an additional 284 million tonnes of Inferred Resources grading 0.627% copper, 0.194% nickel, 0.718 grams per tonne of TPM.

David Oliver, P. Geo. and Duluth Project Manager is the Qualified Person, in accordance with NI 43-101 of the Canadian Securities Administrators, and is responsible for the technical content of this press release and quality assurance of the exploration data and analytical results.

About Duluth Metals

Duluth Metals is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth Metals' principal property is the Nokomis Deposit located within the rapidly emerging Duluth Complex mining camp in northeastern Minnesota. The Duluth Complex hosts one of the world's largest undeveloped repositories of copper, nickel and PGMs, including the world's third largest accumulation of nickel sulphides, and one of the world's largest accumulations of polymetallic copper and platinum group metals.

This document may contain forward-looking statements (including "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to Duluth Metals' operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Duluth Metals' control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Duluth Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

SOURCE: Duluth Metals Limited

Mara Strazdins, Director of Corporate Communications, at mstrazdins@duluthmetals.com
or at (416) 369-1500 or Henry Sandri, President and CEO, at hsandri@duluthmetals.com;
U.S. corporate office: telephone (651) 389-9990; Web Page: www.duluthmetals.com

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Tags: appointment   chile   construction   copper   engineering   expansion   forecasts   gold   greenland   metals   mining   minnesota   nickel   palladium   petroleum   platinum   precious metals   president   property   quebec   securities   university  

Companies: Duluth Metals Ltd (DM), Duluth Metals Ltd (DM/U), Duluth Metals Ltd (DULMF)

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Liberty Appoints Brent Chertow to the Board of Directors - Zibb.com

Liberty Mines Inc. ("Liberty or the Corporation") (TSX:LBE) is pleased to announce the appointment of Mr. Brent Chertow BSc. P. Eng MBA to the Board of Directors, effective today.

Mr. Chertow is a Professional Engineer with over 32 years of management, operating and technical experience in the mining and metallurgical industries. After earning a Bachelor of Applied Science in Metallurgy and Materials Science Engineering from the University of Toronto, he spent 29 years of his career with Falconbridge Limited and Noranda-Falconbridge (now Xstrata Canada). He also has an MBA from Laurentian University.

Before retiring from Falconbridge, he was President of Canadian Copper and Recycling which operations employed 3,500 personnel based on nine operations throughout North America. Previously to that he was Vice President of Metallurgical Operations with responsibility for the performance of: the Sudbury Nickel Smelter; the Kidd Metallurgical Division; Falconbridge's interest in the world-class giant Collahuasi Copper Mine in Chile; the Lomas Bayas Mine in Chile; and for providing metallurgical advice to the Raglan Mine mineral processing operations and the Strathcona milling/mineral processing operations.

Since 2004, Mr. Chertow has consulted on various business ventures and is a principal in KCB Inc., a management consulting firm. Through his illustrious career, he has demonstrated his ability to form and lead competent teams, define courses of action, achieve significant cost reductions, streamline processes, and deliver measurable financial results that consistently exceeded shareholder expectations.

"Brent is a strong addition to our Board of Directors" said Liberty's President and CEO Gary Nash."His guidance will be invaluable as we implement strategies to become more than a mid-tier producer of nickel" he added.

Mr. Carlo Cattarello has resigned from the Board of Directors due to recent health concerns. He will continue as a consultant to Liberty on the Advisory Board. Gary Nash said "Carlo was instrumental in helping us assemble quality personnel for the Redstone mine and mill. We hope he will fully recover and be a part of the continued growth of the company for many years".

About Liberty Mines Inc.

Liberty Mines Inc. is a producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada.

CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward looking statements". All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of Liberty, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Liberty's expectations are exploration risks, commodity prices, receipt of mining permits and leases and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators.

SOURCE: Liberty Mines Inc.

Liberty Mines Inc.
Dr. Gary Nash, PhD (Physics)
President & CEO
(416) 238-9736
(780) 437-7898 (FAX)
Email: gnash@libertymines.com

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Tags: business   canada   career   ceo   chile   commodity   consultant   consulting   copper   engineering   exploration   financial results   health   mining   nickel   north america   ontario   platinum   president   prices   science   securities   startup   toronto   university  

Companies: Liberty Mines Inc (LBE), Liberty Mines Inc (LBEFF)

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