Daniel Brockett, a drilling and mining supply executive, has launched BX Drilling Supply in Boise. BX Drilling Supply offers a diverse range of products and supplies as well as logistics support, supply chain management and inventory management to the drilling and mining industry. “After spending nearly a decade in the drilling and mining industry, it became evident to me that there is a need for a supply source that is responsive, nimble and...
the Makhteshim Agan Group (MAI), the world leader in branded off-patent crop protection solutions, today announced that it will acquire DuPont Crop Protection’s (DuPont) global non-mixture diuron business. Financial terms of the agreement were not disclosed. According to the purchase agreement, MAI will receive rights, registrations and supporting regulatory data for all of DuPont’s non-mixture diuron herbicides, including its industry-leading...
The United States Mine Safety and Health Administration (“MSHA”) has just terminated two imminent danger orders issued on March 18, 2011 to Lexington, Kentucky based Rhino Eastern LLC, a 51%-owned subsidiary of Rhino Resource Partners LP, regarding its Eagle No. 1 Mine in Bolt, West Virginia. Today’s actions by MSHA allow Rhino Eastern LLC to resume production at the Eagle No. 1 Mine immediately. R. Chad Hunt, P.E., Vice President...
Millrock Resources Inc. is pleased to announce that it has entered into an exploration agreement with option to purchase concerning a large block of Arizona State Exploration permits referred to as the Rainville project. The permits cover land situated southeast of the town of Safford, Arizona and south of the Morenci mine in southeastern Arizona. Under the terms of the agreement, Millrock can maintain an option to purchase from the owner a 100% interest...
Global Resource Energy Inc. announced today that it has entered into a letter of intent with SMED Energy Inc of Calgary, Alberta, subject to due diligence, and later agreement between GBEN and SMED pursuant to which GBEN shall acquire approximately 5MW worth of power from the Buffalo Hills project (estimated purchase price of $14,250,000 + tax) to be paid in cash or common stock of the company. The Company is undertaking due diligence and expects...
Teck Resources Limited announced today that Teck and Local 9346 of the United Steelworkers of America have reached a memorandum of settlement covering the Elkview operation. A previous tentative agreement announced on March 15, 2011 was not ratified by the union membership. With the assistance of mediator Vince Ready, additional talks have led to this memorandum of settlement. The parties agree that they will be recommending this memorandum of settlement...
Frontera Copper Corporation announces that the filing of the Company’s financial statements for the year ended December 31, 2010, including the related management discussion and analysis, annual information form and CEO and CFO certifications (collectively, the “Required Documents”) will not be filed by the required filing deadline of March 31, 2011. The Required Documents will not be filed before the required deadline due to annual...
Golden Peaks Resources Ltd. is pleased to report that it has completed the acquisition (the “Acquisition”) of Reliance Resources Limited (“Reliance”) effective March 31, 2011, pursuant to which the Company acquired all of the outstanding shares of Reliance in consideration for the issuance of approximately 62.7 million shares. William Lee and Kieran Downes have resigned as directors of the Company and have been replaced with...
Mammoth Energy Group Inc. a lithium and alternative energy mining company, announced today that it is in the process of finalizing all of its financing agreements. The company has completed negotiations and intends to announce its acquisition roll up of its Chilean concessions imminently. About Mammoth Energy Group Inc. at www.mammothenergygroup.com
Critical Elements Corporation and Blue Note Mining Inc. report that they have agreed to extend the term of the binding agreement announced on July 19, 2010 (the “Agreement”) providing for the acquisition by Blue Note of all of Critical Elements’ interests in the Croinor gold project located near Val-d’Or, Quebec. Under the terms of the Agreement, Blue Note has already made cash payments totaling $125,000 to Critical Elements...
Pacific Energy Development and Blast Energy Services Sign Merger Agreement
Pacific Energy Development Corp. (“PEDCO”), a privately-held oil and gas company engaged...
Silvore Fox Updates Progress on Winston Lake and Coxheath
Silvore Fox is pleased to announce that they have received the results of the Geotech Ltd VTEM...
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