Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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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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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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Lion Energy receives conditional acceptance from TSX Venture Exchange for farm-in with Africa Oil

Further to a release on May 28,2009, Lion Energy Corp. announces that it has received conditional acceptance from the TSX Venture Exchange for its farm-in agreement (the “Agreement”) with Africa Oil Corp. (“Africa Oil”), a member of the Lundin Group of Companies. Final Acceptance is subject to the confirmation of certain matters with the TSX Venture Exchange. The Agreement relates... 

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Pacific Bay Options Argentina Uranium Property to UrAmerica

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has optioned its 100% owned “Cerro Solo” claims in Chubut Province, Argentina (the “Property”), to UrAmerica Ltd., a private company focused on uranium discovery in Latin America. Under the option agreement, UrAmerica can earn a 60% interest in the Property by incurring USD$1,200,000 in exploration... 

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CIC Energy updates discussions with Eskom on the Mmamabula Energy Project

CIC Energy Corp. announced an update on the Company’s discussions with Eskom Holdings Limited (“Eskom”) regarding its proposed Power Purchase Agreement (“PPA”) for the Mmamabula Energy Project (“MEP”) in Botswana, Africa. Eskom has advised CIC Energy that Eskom’s discussions with the Government of South Africa regarding a sustainable funding model for... 

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Kilo Strengthens Management Ahead of Accelerating Exploration

Kilo Goldmines Ltd. announce a strengthened management team in preparation for a significant increase in corporate and exploration activity. The Company is well advanced on its exploration program at its core gold project in the Democratic Republic of the Congo (DRC). The Board of Directors has recently appointed Klaus Eckhof President and CEO of the Company and Peter Hooper has been appointed Executive... 

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Homeland Energy Group Provides Operations Update for Kendal Colliery & Exploration Projects in South Africa

Homeland Energy Group Ltd. provide an update on the status of its Kendal Colliery following a planned shut-down for plant improvements and on its key exploration projects in South Africa. “While the first year of any operation is filled with a certain amount of excitement, it is also the year in which the operations team makes adjustments and improvements to ensure the operations run according... 

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Homeland Energy Group Receives Mining Licence for Eloff Coal Project, South Africa

Homeland Energy Group Ltd., a coal producer with operations in the Witbank area of South Africa announce that it has received formal notification from the South Africa Department of Mining & Energy (DME) that a Mining Right has been approved for Homeland’s Eloff Mineral Project (Eloff). At a potential 500,000 tonnes per month run-of-mine (ROM) – the amount for which Eloff will be initially... 

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Cobalt International Energy and Sonangol Forge Major Partnership

Cobalt International Energy, L.P. and Sonangol, E.P. jointly announced the formation of a major partnership in the deepwater Gulf of Mexico and the deepwater offshore Angola. Cobalt will assign 25% of its working interest in 11 Gulf of Mexico deepwater leases to the U.S. subsidiary of Sonangol P&P, Sonangol Exploration and Production International Ltd. Additionally, Cobalt and Sonangol have agreed... 

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