Shield Mining

Shield Mining has completed a $3.4 million share placement with the funds to be used to support its exploration program.

West Perth-based gold and base metals explorer Shield Mining Ltd will not exercise an option to earn in on projects in Madagascar held by Canada-based Majescor Resources Inc, the company has announced.

West Perth-based gold and base metals explorer Shield Mining Ltd will expand its African copper interests after signing a memorandum of understanding with Canada-based Majescor Resources Inc.

West Perth-based African-focused gold and base metals explorer Shield Mining Ltd has applied for six uranium tenements alongside its existing gold and base metal licences in Mauritania.

West Perth-based gold and base metals explorer Shield Mining Ltd announced today it has been granted a new exploration permit in Mauritania.

West Perth-based African-focused gold and base metals explorer Shield Mining Ltd has been granted a new permit for gold and base metals exploration in Mauritania, the company has announced.

Saudi Iron & steel Company became a substantial shareholder with a relevant interest of 2,285,000 ordinary shares (6.94%).

The Initial Public Offer for West African gold and base metals explorer, Shield Mining Limited, has closed oversubscribed and it will now list on the Australian Stock Exchange next Wednesday, September 27, 2006.