Archive for the ‘Press Release’ Category

Tombstone Exploration Corp. Completes First Drill Hole

Tombstone Exploration Corporation announced that its first drill hole, TEMC 101, has been completed at a depth of 980′. The down-the-hole survey was completed with readings at 150′ intervals with the Reflex EZ-Shot geophysical instrument, indicating that the drill hole remained very much on the direction and angle that had been set up. Recovery remained [...]

Thursday, July 24th, 2008

New Asia Gold Corp. Acquires 100 Percent Interest in Gold Company

New Asia Gold Corp. is pleased to announce that it has acquired 100% of the shares of an Indonesian gold exploration company as a result of a share exchange agreement. The shares issued related to this transaction are restricted. The gold company has proven and probable reserves of gold. Based on independent assessment reports the [...]

Thursday, July 24th, 2008

Zenergy Power Completes Successful Operation of World’s First Commercial High-Temperature Superconductive (HTS) Induction Heater

Zenergy Power Inc., developer of commercial products based on high temperature superconductor (HTS) technology, announced the successful installation and implementation of the world’s first commercial full scale HTS induction heater for Weseralu GmbH & Co. KG (Weseralu), an aluminum profile extrusion company, at its manufacturing facility in Minden, Germany.
The HTS induction heater is based on [...]

Thursday, July 24th, 2008

U Mining Resources Inc. Establishes Successful Partnership and Announces Long Term Plans in Guinea

U Mining Resources Inc. has today disseminated that the Company’s successful business endeavor to ally with an established Guinean firm will generate both short and long term improvements within the country. In addition, U Mining Resources Inc. and its new partners share an identical vision in Guinea and their interest in developing the country’s foundations [...]

Wednesday, July 23rd, 2008

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

ITT Chosen to Move Filtered Seawater to the High Desert for Large-Scale Mining Project in Chile

ITT Corporation has received a multi-million dollar contract to provide filtered seawater to Esperanza, a large new copper-gold mining project in Chile’s Atacama Desert, the driest desert in the world. The mine will be the first large-scale mine in Chile to make use of seawater in the mining process.
As part of the project, ITT will [...]

Wednesday, July 23rd, 2008

Michael R. D’Appolonia Appointed to Westmoreland Board of Directors

Westmoreland Coal Company announced it has increased the size of the Company’s Board of Directors from five to six and appointed Michael R. D’Appolonia to its Board by unanimous consent effective today.
Mr. D’Appolonia is currently Director, President and Chief Executive Officer of Kinetics Systems, Inc., an international specialty mechanical contracting company with over 2,000 employees [...]

Wednesday, July 23rd, 2008

Heartland, Inc. Secures Financing for the Lee Oil Company Acquisition

Heartland, Inc. a fast growing business with experience in fabricated metals and retail has secured financing for the acquisition of the Lee Oil Company including Lee Food Marts and Lee Enterprises through Choice Financial Group of Grand Forks, North Dakota. The agreement calls for a loan in the amount of $3,250,000 at a fixed rate [...]

Wednesday, July 23rd, 2008

Caterpillar Inc. Announces Autonomous Mining Collaboration Designed to Improve Mine Site Productivity, Efficiency and Overall Sustainability

Caterpillar Inc. has announced a groundbreaking alignment with BHP Billiton to develop an autonomous mining haulage system. The agreement couples the market leader in mining equipment with the world’s largest diversified natural resources company.
“Our joint autonomous technology project is a significant initiative that will bring benefits to both Caterpillar and BHP Billiton,” said Caterpillar Group [...]

Wednesday, July 23rd, 2008

Birch Mountain pursues sale of Company

Birch Mountain Resources Ltd. announces that the Special Committee of independent directors and the Board have determined that it is imperative to pursue an immediate sale of the Company to unlock maximum value for its shareholders. The Company believes that the current lack of liquidity has compressed Birch Mountain’s share price to a level significantly [...]

Wednesday, July 23rd, 2008