Uruguay Mineral Exploration Inc.: Reschedule of Definitive Agreement with Fortune Valley

Uruguay Mineral Exploration Inc., a South American gold production and exploration company, announced today that the signature with Fortune Valley Resources Inc. (“Fortune Valley”) of the definitive agreement to combine their respective businesses has been rescheduled for November 6, 2009, extending the deadline from October 30. Due diligence is still being undertaken by both parties and... 

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Fortune Valley Identifies El Penon Structural Trend on the Anillo Project

Fortune Valley Resources Inc. reports it has recently completed a detailed ground magnetic geophysical survey along the southwestern boundary of the Anillo property immediately north and along strike of Angosta vein discovery at Yamana Gold’s El Penon gold/silver mine complex in northern Chile. The interpretation of the geophysical survey shows the extension of the Angosta vein structure on to... 

King & Spalding Represents Texas Offshore Crude Oil Port Joint Venture

King & Spalding, a leading international law firm, advised Enterprise Products Partners L.P., TEPPCO Partners, L.P., and Oiltanking Holding Americas, Inc., on their joint venture to build a new off-shore crude oil terminal in the Gulf of Mexico. The new partnership, known as the Texas Offshore Port System (“TOPS”), will provide refiners with greater flexibility and enhanced reliability...