Archive for the ‘Mining Stocks’ Category

Avalon Oil & Gas Reports Year-End Results

Avalon Oil & Gas, Inc., has reported its financial results for the fiscal year ending March 31, 2008. In the Form 10-KSB the Company has filed with the SEC, Avalon demonstrates the continuing success of its business plan with a five-fold increase in revenues over the prior year. Total revenues for the twelve months ending [...]

Wednesday, July 23rd, 2008

Selwyn Resources Confirms Management Structure and Focus

Selwyn Resources Ltd. is pleased to inform shareholders that Dr. Meade, Mr. McKnight and Mr. Dunning are not continuing as senior management with Yukon Zinc Corporation following the sale of that company to Jinduicheng Molybdenum Group, Ltd. and Northwest Nonferrous International Investment Company, Limited. These senior managers will now devote all of their time to [...]

Tuesday, July 22nd, 2008

AMR Outlines Export Tariff Increase Impact on Ban Phuc Nickel Project

Asian Mineral Resources Limited announced the steps it plans to take to deal with the impact on its Ban Phuc nickel project of the recently announced increase to 20% in the Vietnamese export tariff on nickel concentrates.
AMR has initiated discussions with the appropriate Vietnamese governmental authorities and has begun enlisting the support of other interested [...]

Tuesday, July 22nd, 2008

USR Technology, Inc. Announces Letter of Intent With Euroslot SA Valued at $2 Million

USR Technology, Inc., is pleased to announce that it has entered into a Letter of Intent, dated July 3, 2008, with Euroslot SA, a private French company which specializes in the production of metallic filtration separation media for the oil and gas drilling industry.
The letter of intent with Euroslot addresses two principal areas. The first [...]

Monday, July 21st, 2008

G & S Minerals Completes Company Audit; Improves Transparency and Public Disclosure

G & S Minerals, Inc. dba Gold & Silver Minerals, a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced that the Company has completed its audited financial statements for the years ended December 31, 2007 and 2006 and completed its unaudited interim financial statements for the three- and [...]

Monday, July 21st, 2008

North American Galvanizing & Coatings Reports Record Second Quarter 2008 Earnings

North American Galvanizing & Coatings, Inc. announced record earnings for the first six months and the second quarter of 2008. The second quarter of 2008 is the Company’s tenth consecutive quarter of record earnings.
Consolidated net earnings for the 2008 second quarter were $3.4 million ($.27 per share), compared with $2.2 million ($.17 per share) in [...]

Monday, July 21st, 2008

Severstal Extends Tender Offer for Shares of Esmark Incorporated

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Sunday, July 20th, 2008

Rolling Rock Resources Corporation: Private Placement Closes

Rolling Rock Resources Corporation has closed a non-brokered private placement (the “Private Placement”) with aggregate gross proceeds of $720,000 from the sale of 4,500,000 units at a price of $0.16 per unit (the “Unit”). Each Unit comprised one flow-through common share and one-half of one non-transferable common share purchase warrant (a “Warrant”). Each whole [...]

Saturday, July 19th, 2008

Radisson Mining Confirms Issuance of Shares for Debt

Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]

Saturday, July 19th, 2008

Mar Ked Mineral Exploration, Inc. Announces July 21, 2008 Effective Date for 3 for 2 Forward Stock Split

Mar Ked Mineral Exploration, Inc., announces that a 3 for 2 forward split of the Company’s common stock will be effective at the opening of business on July 21, 2008. This action means that for every 2 shares of MKED stock outstanding at the time of the stock split will be converted into three shares [...]

Saturday, July 19th, 2008