Northland Appoints Banks for Project Financing

March 1, 2010 Filed Under: Iron Ore Mining, Mining Investment  
Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

Terra Energy & Resource Technologies Completes an Exploration Services Project

February 17, 2010 Filed Under: Oil and Gas  
Terra Energy & Resource Technologies Completes an Exploration Services Project

Terra Energy & Resource Technologies, Inc., a natural resource exploration technology company, has completed an exploration services project for oil and gas in Nevada under a contract with Golden Eagle Alliance, LLC, a Colorado limited liability company. The contract entailed the application of STeP®, Terra’s proprietary remote sensing exploration technology, with the objective being to... 

Terra Announces Acquisition of Alberta Oil Assets

February 1, 2010 Filed Under: Mining Investment, Oil and Gas  
Terra Announces Acquisition of Alberta Oil Assets

Terra Ventures Inc. announces that its newly incorporated and wholly-owned Calgary based subsidiary, Terrex Energy Inc. (“Terrex”), has entered into a purchase and sale agreement to acquire a 100% interest in a basal quartz oil pool in central Alberta from a private oil and gas company, for a purchase price of $650,000. The pool is currently producing approximately 80 barrels of oil equivalent... 

RedHawk Energy Acquires Xxtreme Group for $66.0 Million

November 4, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks, Oil and Gas  
RedHawk Energy Acquires Xxtreme Group for $66.0 Million

RedHawk Energy Corporation announced that it has acquired 100% of the membership interests of Texas-based Xxtreme Pipe Services, LLC, Xxtreme Pipe Storage, LLC, Xxtreme Tubular Processors, LLC and Wolf Pack Rentals, L.L.C. (collectively, the “Xxtreme Group”) for $66.0 million in cash, preferred stock and assumed debt. The purchase price is subject to certain post-closing adjustments. Headquartered... 

Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

November 3, 2009 Filed Under: Mining Equipment  
Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it has released Gemcom MineSched™ 6.1, the latest version of its next generation scheduling software for surface and underground mines of all sizes and types, improving productivity and profits beyond what could be achieved by manual scheduling. MineSched incorporates... 

Fortune Minerals engages BNP Paribas to arrange NICO Project debt facility

October 21, 2009 Filed Under: Mining Investment, Mining Stocks, Nickel Mining  
Fortune Minerals engages BNP Paribas to arrange NICO Project debt facility

Fortune Minerals Limited announce that it has retained BNP Paribas to provide advice and financial services in connection with the arrangement of a US$ 200-250 million debt facility to finance the construction, start-up and operation of the Company’s NICO Gold-Cobalt-Bismuth-Copper development in the Northwest Territories. Based in Paris, France, BNP Paribas is a world class financial institution... 

Golden Share Mining Corporation Signs With CHF Investor Relations

September 10, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks  
Golden Share Mining Corporation Signs With CHF Investor Relations

Golden Share Mining Corporation announces that it has retained CHF Investor Relations (“CHF”). CHF is a well established, Toronto based, Canadian IR firm with another Canadian office in Calgary; as well as branch offices in New York, USA; Sao Paulo, Brazil; and Shanghai, China. Effective immediately, the IR services agreement is for a fixed term of twelve months subject to a satisfactory... 

Trueclaim Completes Assignment of Option to Acquire Up to a 100% Interest in the Scadding Gold Property

August 14, 2009 Filed Under: Precious Metal  
Trueclaim Completes Assignment of Option to Acquire Up to a 100% Interest in the Scadding Gold Property

Trueclaim Exploration Inc. announce that it has completed the assignment (the “Assignment”) of an option and joint venture agreement between MPE International Inc. (“MPE”) and Currie Rose Resources Inc., pursuant to which the Company can acquire up to a 100% interest in certain provincial mining leases and mineral claims located in the district of Sudbury in the Province of... 

Invensys Provides Advanced Process Control for Chile-Based Codelco

July 29, 2009 Filed Under: Copper Mining  
Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

Iberian Minerals to Buy Aguas Tenidas Underground Contractor

July 22, 2009 Filed Under: Mining Contractors, Mining Investment, Mining Services  
Iberian Minerals to Buy Aguas Tenidas Underground Contractor

Iberian Minerals Corp. announced today that the Company, through its wholly-owned subsidiary Minas de Aguas Tenidas S.A.U. (“MATSA”) has entered into an agreement with INGENIERIA DE SUELOS Y EXPLOTACION DE RECUROS S.A (“Insersa”) whereby MATSA will purchase the Aguas Tenidas underground mining division of Insersa for the sum of Euros 6,000,000, payable as to Euros 5,520,000...