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,... 

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Tasman drilling update from Norra Karr REE project, Sweden

Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert... 

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White Mountain Test Work Succeeds in Recovery of Feldspar From Rutile Flotation Tailings

White Mountain Titanium Corporation reports that it has successfully completed flotation test work to recover feldspar from natural rutile (titanium dioxide) flotation tailings. The test work program was carried out at SGS Lakefield (“SGS”) in Ontario, Canada. The aim of the program was to produce a low iron, feldspar concentrate from waste stream tailings acceptable for possible use... 

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Nevada Company Introduces First Scalable Dry Recovery System For Lode And Placer Ores

After years of research, development, and testing, AU Goose, a mining service company in Reno, Nevada, has unveiled a solution to a long-time industry problem for junior and mid-level mining operations: How to extract and test heavy metal ores using a timely, cost effective, and dry method of recovery. AU Goose’s technology is the industry’s first modular, dry, non-toxic recovery system for both... 

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Chesapeake Energy Corporation Announces $2.25 Billion Barnett Shale Joint Venture with Total E&P USA, Inc.

Chesapeake Energy Corporation announced the execution of an agreement for a $2.25 billion joint venture with Total E&P USA, Inc., a wholly-owned subsidiary of Total S.A. (NYSE:TOT, FP:FP) (“Total”), whereby Total will acquire a 25% interest in Chesapeake’s upstream Barnett Shale assets. Total will pay $800 million in cash at closing and will pay an additional $1.45 billion by funding 60%... 

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Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

Vista Gold Corp. announced that its wholly-owned subsidiary, Vista Gold (Barbados) Corp., has signed a Joint Venture Agreement with Pan Asia Resources Corporation (“Pan Asia”) with respect to the development of the Awak Mas gold project in Indonesia. The Joint Venture Agreement provides Pan Asia, a privately held resource development company, with the opportunity to earn a 60% interest... 

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North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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The Marcellus Shale Coalition Issues Statement Regarding Support for Responsible Natural Gas Development in Pennsylvania

The Marcellus Shale Coalition (MSC) today underscored its commitment to economic development, environmental protection, and best management practices in the responsible development of Pennsylvania’s vast natural gas resources. “There are a lot of groups and organizations interested in learning more about the Marcellus Shale — beyond the vast economic opportunities, to include an understanding... 

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Sandvik Mining and Construction Receives Major Order for Materials-Handling System in the Netherlands

Sandvik Mining and Construction (STO:SAND) has signed an agreement with the energy company RWE Power AG in the Netherlands for a turnkey materials-handling system. The value of the order is approximately 650 MSEK and comprises a complete materials-handling system for the Eemshaven Power Plant in the Netherlands. The project includes two grab-type ship unloaders, two stackers and three portal reclaimers.... 

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Panamanian Government Authorizes Commercial Production at Molejon

Petaquilla Minerals Ltd. an emerging gold producer commissioning the operation of its gold processing plant at its 100% owned Molejon Gold Project announce that the Government of the Republic of Panama has granted approval for Petaquilla’s Molejon gold mine to advance to the commercial production stage. In accordance with Contract Law No. 9 of February 26, 1997, the Ministry of Commerce and Industry... 

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