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Random News from Mining Top News

ExxonMobil Enters Black Sea with Exploration Agreement in Turkey

November 19th, 2008

Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration.
ExxonMobil will become operator during the initial exploration phase and earn a [...]

Dana Resources Extends Collota Gold Deposit to Exceed 8,000 Acres

August 13th, 2009

Dana Resources announce that it has successfully acquired the Collota One Gold Prospect in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions.
The Collota One Gold Prospect is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera Negra, (Black Range [...]

Aurelio Completes Mineral Property Acquisition, Appoints New Board of Directors and Announces Financing

August 23rd, 2006

Aurelio Resource Corporation (“Aurelio”) (OTCBB: AULO) is pleased to announce that it has completed, pursuant to an agreement entered into with Aurelio Resources Inc. (“ARI”) and its shareholders dated April 27, 2006, the acquisition of all of the issued and outstanding common stock of ARI, a privately-owned Colorado corporation engaged in mineral development, expansion and [...]

Merrex Executes Final Documentation with IAMGOLD

December 13th, 2008

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex and IAMGOLD Corporation have executed the definitive Option Agreement for 50% of Merrex’s Siribaya Gold Project in West Mali, Africa.
IAMGOLD has concluded its due diligence review and Merrex and IAMGOLD have executed final documents for the option of Merrex’s Siribaya Gold Project [...]

Enriched uranium unearthed from man’s garden

March 3rd, 2007

A German man obtained enriched uranium and buried it in his garden, raising concerns about the security of Germany’s nuclear reactors, the environment ministry in the state of Lower Saxony said on Thursday.
“How do pellets get out of a nuclear reactor? That’s not supposed to happen,” said ministry spokeswoman Jutte Kremer-Heye.
She said it was [...]

Deep Well Oil & Gas, Inc.: Next 3 Well Sites to be Prepared for Drilling at Sawn Lake

July 16th, 2006

Deep Well Oil & Gas, Inc. and its subsidiaries (“Deep Well”) (PINK SHEETS: DWOG) are pleased to announce that its joint venture partner and operator of the Sawn Lake heavy oil project, Signet Energy Inc., is in the process of preparing the next 3 well sites for drilling and has engaged an engineering company to [...]

Friendly Energy Corp.: Oil and Gas Drilling Subsidiary Established

June 21st, 2006

Friendly Energy Corp. (Other OTC:FDEG.PK) announces today that the company has created a wholly owned subsidiary, for the purpose of establishing a Oil and Gas drilling division. Management has entered into discussions with a manufacturing agent for the purpose of contracting the construction and assembly of a drill rig capable of drilling to a total [...]

Caldera Agrees to Settle Debts With Insiders and Amend CanBiomine Transaction

October 14th, 2008

Caldera Resources Inc. announced that it has agreed to settle the debts of four creditors of Caldera, who are also insiders of Caldera, and to amend the Letter Agreement to acquire CanBiomine Resources Inc. (“CanBio”) (the “Transaction”) dated September 24, 2008 and announced in a Press Release dated September 25, 2008. The Company is currently [...]

Chesapeake Energy Corporation Secures Transportation Capacity for Growing Fayetteville Shale Production

October 1st, 2008

Chesapeake Energy Corporation announced its wholly-owned subsidiary, Chesapeake Energy Marketing, Inc., has entered into a ten-year agreement for firm transportation of 375 million cubic feet (mmcf) per day of natural gas and an option to transport an additional 125 mmcf per day on the Fayetteville Express Pipeline, a new 42-inch, 187-mile pipeline system to be [...]

Medallion Resources Ltd. – Site Visit Launches Romaine River Iron – Titanium Work Program

September 17th, 2008

Medallion Resources Ltd announces that the due-diligence and historical-data confirmation program for the Romaine River Iron-Titanium Project is underway (See September 2, 2008 news release). Medallion president William Bird visited the property with two geologists and an engineer. Traverses across the hematite (Fe(2)O(3))-ilmenite (FeTiO(3)) mineralized outcrops confirmed the location and extensive size of the [...]