Gold Mining News - Essar Steel Algoma Inc. and USW Local 2724 agree to take mediator's recommendation to settle to principals and membership

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Essar Steel Algoma Inc. and USW Local 2724 agree to take mediator's recommendation to settle to principals and membership

SAULT STE. MARIE, ON, July 30 /CNW/ - In an effort to conclude the final terms of a new collective agreement, ESSAR Steel Algoma and USW Local 2724, the union representing the Company's technical, professional and front line management employees, have agreed to take the mediator's recommendation to settle to their principals and membership for ratification.

Should this mediator's recommendation to settle fail to be ratified by midnight July 31, 2010 it shall be rendered null and void.

A member of the Essar Group, Essar Steel Algoma Inc. is based in Sault Ste. Marie, Ontario. As a fully integrated steel producer, the Company derives its revenues primarily from the manufacture and sale of hot and cold rolled steel products including sheet and plate.

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Niogold And Aurizon Commence Drilling On The Marban Block Property Val-d’Or, Quebec - (MetalsNews.com, September 7, 2010) - NioGold Mining Corporation (TSX-V:NOX, Frankfurt:NG1) announced that drilling operations have commenced on the Marban Block property under the terms of the Aurizon Mines Ltd. (“Aurizon”) option agreement. A C$5.9 million program was approved for the first year of the option that includes 50,000 metres of diamond drilling. Two drill rigs were mobilised on the property on August 30 and a third drill rig will be added later in the program.
NovaGold Appoints Gerry McConnell as Chairman of the Board Vancouver, British Columbia - (MetalsNews.com, September 1, 2010) - NovaGold Resources Inc. (NYSE-AMEX: NG, TSX: NG) today announced that Gerry McConnell has been appointed Chairman of the company's Board of Directors. Rick Van Nieuwenhuyse continues as President and Chief Executive Officer of the company and will remain on the Board as a Director.
LEVON CLOSES BOUGHT DEAL AND NON-BROKERED FINANCINGS FOR GROSS PROCEEDS OF $11,100,000 Vancouer, BC -(MetalsNews.com - August, 31, 2010) - Levon Resources Ltd. (“Levon” or the “Company") announced the closing of its bought deal private placement with Canaccord Genuity Corp. (the “Underwriter”) previously announced on August 17, 2010 of 13,334,000 Units (the “Units”) at a price of CDN$0.75 per Unit for aggregate gross proceeds of CDN$10,000,500 (the “Offering”).


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