Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters
ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists...
2nd China Off-Highway Vehicle Summit 2010
Organized by Duxes Business Consulting Inc. and endorsed by powerful organizations around the world, 2nd China Off-Highway Vehicle Summit 2010 (COVS) will take place on January 21st to 22nd, 2010 in Beijing, China. COVS is the annual Off-Highway event in China, which is of its first kind to gather so many leading companies to be the speakers and delegates including Caterpillar, Terex Mining, Volvo...
Newly Acquired Manitoba Intrusive Complex Yields High REE Values
Canadian International Minerals Inc (CIN) has been granted a 5000 hectare Mineral Exploration Licence (MEL) in the Knee Lake region in central Manitoba. The MEL covers the Cinder Lake alkaline intrusive complex (CLC) which has only recently been studied by the Manitoba Geological Survey (MGS) and the Department of Geological Sciences (DGS) of the University of Manitoba. The south eastern part of the...
Allana Resources Announces Closing of $2.0 Million Strategic Investment
Allana Resources Inc. announce that the Company has completed its previously announced Strategic Investment with China Minerals United Management Ltd. (see News Release dated November 4, 2009) by way of private placement financing of Common Shares of the Corporation for gross proceeds of $2,000,000 million through the issuance of 8,000,000 Common Shares at a price of $0.25 per Common Share (the “Offering...
Jinchuan Purports to Terminate Purchase of Tiomin Kenya
Tiomin Resources Inc. reports that Jinchuan Group Limited (‘Jinchuan’) of China, purports to have terminated the Investment Agreement to purchase 70% of Tiomin Kenya Limited (‘TKL’) and the Kwale project. Tiomin seeks clarification from Jinchuan concerning its notice of intent to terminate the transaction, which was scheduled to close on October 29, 2009. Bob Jackson, CEO, said...
Indian Globalization Capital Wins Chinese Iron Ore Contract Valued at $1.8 Million
India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded an iron ore supply contract worth $1.8 million. The third in a recent series of contracts with Chinese companies, the order totals 40,000 metric tons (mT) of iron ore. “This third order will ship out of the port in Goa on the west coast of...
Valencia Sells Interest in Cachinal Silver Project – Chile
Valencia Ventures Inc. announced that it has entered into an agreement to sell up to a 100% interest in its Cachinal Silver Project, Chile to Apogee Minerals Ltd. Under terms of the Agreement, Apogee will purchase 75% of Valencia’s interest in the Property by paying $200,000 in cash and issuing 3 million units of Apogee where each unit will comprise one Apogee share and one Apogee warrant with...
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...
The Start-up of Ledong Promotes CNOOC Limited’s Gas Production Growth
CNOOC Limited announced today that Ledong (LD) 22-1, an independent gas field of the Company, has successfully commenced production. Currently, it is producing approximately 30 thousand cubic feet of natural gas per day via 5 wells. About 47 kilometers eastern of the producing field Yacheng 13-1 and 20 kilometers western of LD 15-1 gas field, LD 22-1 is located in the Yinggehai Basin of the Western...
CBM Asia Development Acquires Interest in South Sumatra Production Sharing Contract
CBM Asia Development Corp. announces that it has signed a Letter of Intent (“LOI”) with Batavia Energy Inc. (“Batavia”) to acquire 48 percent of South Sumatra Energy Inc. (“SSE”) which, together with PT Medco CBM Sekayu (“PT Medco”), holds a Production Sharing Contract (“PSC”) for coalbed methane on a 58,349 hectare block located in the South...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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