EASTERN Petroleum Corp. is sinking an initial P100 million into a new subsidiary that will focus solely on alternative fuel projects, particularly ethanol.
In an interview with the Philippine Daily Inquirer, Eastern chair and chief executive Fernando Martinez said the new company, Eastern Renewables Corp., would be registered with the Securities and Exchange Commission within the [...]
Vulcan Resources Limited (”Vulcan”) (ASX: VCN) today announced that SNC-Lavalin Australia Pty Ltd (”SLA”) has been appointed to manage the preparation of the Definitive Feasibility Study for the development of its Kylylahti Copper-Cobalt Project in Finland.
SLA will study the construction of a 550,000 tpa underground mine and processing plant at the 100% owned Kylylahti Project. [...]
An Alabama mining company on Thursday denied having any relationship with right-wing death squads in Colombia and said it has no intention of settling a related U.S. lawsuit.
A federal judge in Alabama last month allowed a civil suit to go forward against Drummond Co. Inc. for allegedly paying a hit squad to kill three [...]
SOUTH Australia’s first university mining course is set to address the critical shortage of skilled workers in the industry which analysts fear threatens the state’s economic growth.
As the state’s resources boom intensifies, a recruitment drive for the course at the University of Adelaide, will begin this month, targeting city and rural schools.
The new four-year [...]
Mitsui & Co Ltd. 8031.T, Japan’s second-biggest trading house, said on Thursday it would spend $284 million on expanding iron ore export capacity at Australia’s Cape Lambert port, in response to strong global demand.
The port’s capacity will be expanded to 80 million tonnes of ore annually from 55 million tonnes.
The investment is owned by [...]
USA Uranium Corp. announces that it has completed the acquisition of a 75% joint venture interest in the LaSal West mineral claim group located in the prolific LaSal uranium district of Utah.
The ore previously produced from the existing mines on this Property contained up to 0.35% U3O8 (Uranium) and 1.5% V2O5 (Vanadium) resulting in [...]
Acergy S.A. (formerly Stolt Offshore) has gone off the deep end. The company provides underwater engineering and construction services for offshore oil and gas producers. Using a fleet of about 40 ships and more than 80 remotely operated vessels, Acergy lays flowlines and pipelines and provides construction, inspection, and maintenance services on offshore rigs. The [...]
Strathmore Minerals Corp. announce positive core assay results from the 2007-08 well installation program at its Roca Honda uranium development project in New Mexico. The program successfully installed groundwater monitor and sampling wells on the project site. In addition, cores were collected for environmental and metallurgical studies. These studies are part of the mine permit [...]
East West Resource Corporation is please to announce that a 3000 metre core drilling program to test as many as 27 targets has commenced on their Marshall Lake Property. 15 drill targets were selected from airborne electromagnetic (VTEM) anomalies generated in the fall of 2007. The remaining targets are Induced Polarization (IP) anomalies in [...]
Magellan Metals welcomes a decision by the Western Australian Government which will allow the export of the Company’s 8,000 dry metric tonne lead carbonate concentrate stockpile at the Port of Esperance.
Magellan is working to a timeline which has now been agreed with the State Government and the Esperance Port Authority (EsPA) to implement the Lead [...]