MPH Ventures Issues Shares to Rubicon Minerals, Updated NI 43-101 Resource Calculation to be Completed

MPH Ventures Corp. announces that it has issued 25,000 common shares in connection with its Property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the Echo Township property located in the Patricia Mining Division, northwestern Ontario (the “Property”).... 

Tag: rubicon minerals patricia mining division, mph venture twitter, rubicon 43 101, metalsa dana holding merger

Geo Minerals Acquires Two Additional Copper Porphyry Prospects in Arizona

GEO MINERALS LTD. announce that it has executed a lease-option agreement with Bronco Creek Exploration Inc. (“BCE”) to earn a 100% interest on the Copper Springs and Silver Bell West porphyry copper projects, both located in south-central Arizona. The Copper Springs property, located approximately 90 miles east of Phoenix, consists of 216 mining claims and 640 acres of fee land for a total... 

Tag: cloudbreak arizona map, where is cloudbreak arizona located, where is cloudbreak az, where is cloudbreak arizona, cloudbreak azrizona

Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

Dana Resources, a US-based precious metals exploration and development company, is pleased to announce it is meeting with joint venture candidates about Dana Resources’ base metals projects. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. Dana Resources owns two advanced staged base metal projects, Las Horquetas and Turmalina.... 

Tag: evaluating joint venture, investments zu dana resources, evaluating venture opportunities, metalsa dana, oil joint ventures peru roumors

Grove GMK7450 sold to mining company BHP Billiton

WATM, Manitowoc dealer for Western Australia, has delivered a Grove GMK7450 all-terrain crane to mining giant BHP Billiton Iron Ore. BHP put the crane to work immediately, with its first job the dismantling of the primary iron ore crusher at its main mining facility, the Mt. Whaleback Mine, in Newman, Western Australia. Stephen Lazenby, sales manager for WATM, said that BHP purchased the crane for... 

Tag: grove crane dealer allison transmission, grove cranes that uses allison transmission, bhp billiton ree, bhp mining company, manitowoc grove

First Oil & Gas from the Shenzi Field in Deepwater Gulf of Mexico

BHP Billiton announced that first oil and natural gas production has commenced from the Shenzi development in the deepwater Gulf of Mexico. The tension leg platform (TLP) has a nominal capacity of 100,000 barrels of oil per day and 50 million cubic feet per day of natural gas, on a 100 percent basis. The Shenzi facility is located approximately 120 miles (195 kilometres) off the Louisiana coastline... 

Indonesian lawmakers pass new mining law

Indonesian lawmakers passed a new mining law Tuesday that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations. Indonesia has some of the most abundant reserves of coal, copper, gold, tin and nickel and in the world has lured mining giants like Newmont Mining Corporation, Freeport-McMoran Copper & Gold... 

Tag: ntpc indonesian coal churchill, trinity coal partners 2009, churchill mining, mining association, ntpc coal churchill

SBM OFFSHORE N.V. CONFIRMS FULL SCOPE CONTRACT FOR FPSO FOR WOODSIDE ENERGY Ltd

SBM Offshore N.V. announce that the full scope turnkey supply contract for a disconnectable FPSO for Woodside Energy Ltd and the Cossack Wanaea Lambert Hermes (CWLH) Joint Venture has been signed. The project has already started in May 2008 under a Letter of Intent, which was previously announced. The FPSO will replace the currently operating FPSO Cossack Pioneer in the fourth quarter of 2010. The... 

Tag: okha project sbm, okha project in singapore, cossack replacement fpso project woodside, form of contract fpso, mining supply sbm

Peregrine Diamonds and Peregrine Metals Mutually Terminate Merger Discussions

Peregrine Diamonds Ltd. and Peregrine Metals Ltd. announce that their respective Boards of Directors have mutually agreed to terminate discussions to effect a business combination between the two companies. On June 3, 2008, Peregrine and Metals announced that they had entered into a letter of intent for the purpose of effecting a business combination whereby the two companies would merge to form a... 

Tag: peregrine metals and peregrine diamonds, peregrine metals ltd

Mexoro Minerals Enters Into Negotiations for Project Financing

Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the property. Mario Ayub, President of Minera Rio Tinto... 

Tag: minera rio tinto chihuahua, mrt mario ayub, juan flores carrillo, mario ayub mexico gold, mario ayub

Raytec Granted Potash Permits / Starts Seismic

Raytec Metals Corp. announces the receipt of its remaining exploration permits issued from the government of Saskatchewan for the Company’s KP455, KP466, KP467 and KP468 potash permits, located in central Saskatchewan. The KP455, KP466, KP467, and KP468 potash exploration permits grant the Company the right to explore approximately 89,643 acres of prospective potash ground contiguous with the...