Mexoro Minerals Continues Exploration at its Cieneguita Project in Mexico

November 29, 2008 Filed Under: Precious Metal  

Mexoro Minerals is pleased to announce that it continues exploratory and infill drilling at its Cieneguita project located in Chihuahua, Mexico. To date, a total of 94 holes have been drilled with an additional 5,000 meters of drilling still to be completed. Of the 91 holes drilled, Mexoro is still waiting for the assay results of 37 of those holes from ALS Chemex. As well, Delve Consulting is preparing... 

Cameco Temporarily Suspends UF6 Production in Port Hope

November 29, 2008 Filed Under: Uranium Mining  

Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant. As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory... 

UCR Agrees to Sell Property Claims in Northern Saskatchewan

November 29, 2008 Filed Under: Mining Investment, Mining Stocks  

Uranium City Resources Inc., announce it has entered into a letter agreement with Red Rock Energy Ltd. whereby Red Rock has agreed to purchase all of UCR’s exploration property claims located in northern Saskatchewan. Red Rock is a junior exploration corporation with property interests in northern Saskatchewan. The purchase price for the Claims of $975,000 will be paid by Red Rock as follows: ... 

Wildwood Management Corporation Signs Letter of Intent for Gold Mining Concession in Colombia

November 29, 2008 Filed Under: Precious Metal  

Wildwood Management Corporation, a mining exploration company — has recently signed a Letter of Intent for a 391 hectare gold mining concession in Rivera, Tolima in Colombia. Wildwood has been evaluating the gold opportunities in Colombia and has found the country to be at the forefront with more than 4,250 gold mines and 190 platinum mines. The mining concession in Rivera is an appealing opportunity... 

Stans Energy Corp. Announces Completion of Vertical Amalgamation

November 28, 2008 Filed Under: Mining Stocks  

Stans Energy Corp., announce the completion of the amalgamation of JM Capital Corp. and its wholly-owned subsidiary, as described in the press release of JM Capital Corp. dated November 26, 2008 and the filing statement of JM Capital Corp. dated November 7, 2008. The name of the amalgamated corporation is “Stans Energy Corp.” The Company expects for trading of its shares on the TSX Venture... 

Waratah Coal’s Alternative Infrastructure Solution Declared a Significant Project

November 28, 2008 Filed Under: Coal Mining  

Waratah Coal Inc. announce that the Queensland Government has declared the Galilee Coal Project (Northern Export Facility) a ‘Significant Project’ for which an Environmental Impact Statement (EIS) is required. Waratah Coal President and CEO Peter Lynch today said, “This declaration reflects the effort and cooperation that has been achieved between Waratah Coal and the Queensland... 

Homeland Energy Finalizing Extension of Agreement Deadline for Appolo Mines and Diversified Energy

November 28, 2008 Filed Under: Coal Mining, Uranium Mining  

Homeland Energy Group Ltd. is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, Tennessee and Knoxville, Kentucky respectively as the current agreement expires today. Homeland Energy Group Ltd. is a coal producer with operations the Witbank area of South Africa. The company also has a large-scale development property in South... 

Gazprom and Schlumberger Sign Advanced Technology Framework Agreement

November 28, 2008 Filed Under: Oil and Gas  

OAO Gazprom and Schlumberger announced today that they have signed an agreement covering the application of advanced technology to enhance the efficiency of exploration and development for hydrocarbon resources. The agreement covers Gazprom fields in Russia as well as in other worldwide areas. The agreement was signed during a working meeting at Gazprom Headquarters between Alexey Miller, Chairman... 

East West Resource Corporation-Eva Kitto Platinum Property Optioned

November 27, 2008 Filed Under: Copper Mining, Nickel Mining, Platinum Group Metals  

East West Resource Corporation has entered into an option agreement with International Bethlehem Mining Corp. whereby International Bethlehem has been granted an option to earn an initial 30% interest in East Wests Eva Kitto platinum group element (“PGE”) property located north-northeast of Thunder Bay, Ontario (the “Property”). The Property consists of 15 staked claims with... 

Majescor and Strateco Plan a Winter Exploration Program and Sign a Definitive Option Agreement for the Mistassini Uranium Property, Otish Mountains, Quebec

November 27, 2008 Filed Under: Diamond Mining, Uranium Mining  

Majescor Resources Inc. and Strateco Resources Inc. report that they have executed a definitive option agreement for Majescor’s Mistassini uranium property. The Property is host to the Lac Mantouchiche uranium showing where Majescor drilled an 18.5-metre intersection grading 0.215% U3O8 near-surface in hole MIST-07-03 . Strateco is currently planning an exploration program for the Property with...