Mining Stocks

Eagle Plains Enters into Agreement with Aben Resources on Two Yukon Properties and Northwest Territories Permits

Eagle Plains Resources Ltd. (formerly Consolidated Abaddon Resources Inc.) have entered into an Acquisition Agreement whereby Aben will acquire a 100% interest in two non-contiguous mineral exploration properties known as the Hit and Justin (Sprogge) projects, covering approximately 2,130 hectares located in the eastern Yukon Territory (the “Yukon... 

Evergreen Energy to Establish Venture with WPG Resources to Develop and Commercialize K-Fuel in Australia

Evergreen Energy Inc. has signed a memorandum of understanding (MOU) to establish a joint venture with WPG Resources to jointly develop and commercialize K-Fuel®, Evergreen’s coal upgrading technology, throughout Australia. In addition, WPG Resources invested $2 million into the company’s previously announced $16.0 million private placement transaction. “We... 

BE Group AB: BE Group Finland is Extending Its Capacity in Production Services

BE Group, the Nordic region’s leading independent trading and service company in steel and other metals, is investing SEK 14 M in increased production service capacity. The investment is being made at the company’s facility in Lahti, Finland. “Once the investment has been fully implemented, we will have one of northern Europe’s most modern production... 

North American Gem Inc. Announces Private Placement and Grants Incentive Stock Options

North American Gem Inc. would like to announce that it has closed the Non-Brokered Private Placement announced January 11th 2011. NAG raised $647,500 at a price of $0.10 per share. A total of 6,475,000 units were issued as non-flow-through units consisting of one common share and one non-transferable share purchase warrant. One warrant will entitle... 

Arabian American Announces AMAKs Application for Four Additional Mining Areas

Arabian American Development Co. announced today that AMAK, the joint stock company in Saudi Arabia which is 41% owned by ARSD, has applied for four additional leases surrounding the Al Masane area (Najran province) in southwestern Saudi Arabia. AMAK submitted the lease applications in the surrounding areas targeting mineral deposits that they believe... 

EQT Announces a 28% Increase in Proved Reserves to 5.2 Tcfe

EQT Corporation today reported year-end 2010 total natural gas proved reserves of 5,220 Bcfe. This represents a 28% net increase over the 4,068 Bcfe the company reported last year. Proved reserves increased in the Marcellus shale play as a result of wells drilled in 2010, continued improvement in the estimated ultimate recovery (EUR) per Marcellus well,... 

Texas Wyoming Drilling, Inc. Reports Favorable Results in Tests for Precious Metals

Texas Wyoming Drilling Inc., today announced that its wholly owned subsidiary, Legacy Rock, has begun concentrating, refining and testing precious metal ores at the Blue Jacket Mine as well as others. As reported previously, the Company has several million dollars in equipment ready and waiting to be utilized. It has acquired financial partners ready... 

Pinnacle Asset Integrity Services to Present on Risk Based Inspection and Corrosion at American Petroleum Institute (API) Inspection Summit

PinnacleAIS, the leading provider of services and technology, specializing in improved asset integrity for the chemical, refining, and mining industries, announced today that it will be presenting three topics at the American Petroleum Institute’s (API) 2011 Inspector’s Summit in Galveston, TX. “Risk Based Inspection for Pressure Relief Devices”... 

Prodigy Gold Drills More Gold at Milestone

Prodigy Gold Incorporated is pleased to announce results from the recently completed diamond drilling program at its Milestone Gold Project located in the Beardmore-Geraldton gold belt of northern Ontario. Prodigy Gold has received results from 35 diamond drill holes totaling 10,857 metres that targeted a 1,200 metre section of the Klob Lake shear zone.... 

Alcoa Announces Dividend and Stock Contribution to Pension Plans

The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2011 to shareholders of record at the close of business on February 4, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2011 to shareholders of record at the...