Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

November 13, 2009 Filed Under: Mining Equipment  
Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

October 27, 2009 Filed Under: Mining Investment, Mining Stocks, Oil and Gas  
Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions... 

The Linde Group to invest in largest air separation plant in India

October 27, 2009 Filed Under: Oil and Gas  
The Linde Group to invest in largest air separation plant in India

The technology group The Linde Group today announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd’s plant in Jamshedpur, India. Tata Steel is one of the world’s leading steelmakers. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde’s largest in Asia. The... 

Indian Globalization Capital Wins Chinese Iron Ore Contract Valued at $1.8 Million

October 20, 2009 Filed Under: Iron Ore Mining, Mining Contractors  
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... 

Credo Petroleum Announces Drilling on Its First Horizontal Bakken Well

September 17, 2009 Filed Under: Oil and Gas  
Credo Petroleum Announces Drilling on Its First Horizontal Bakken Well

Credo Petroleum Corporation, an oil and gas exploration and production company with significant assets in the Mid-Continent and Rocky Mountain Regions, today provided an update on its horizontal Bakken drilling project. Credo entered the horizontal Bakken oil play in 2008 as part of its ongoing strategy to focus on developing oil production and reserves. To date, the company has acquired 6,100 gross... 

Encanto announces agreement on large new potash property

September 10, 2009 Filed Under: Oil and Gas, Potash Mining  
Encanto announces agreement on large new potash property

Encanto Potash Corp. announce that it has signed an Exploration Participation Agreement (EPA) with the Muskowekwan First Nations in Saskatchewan. The Muskowekwan EPA lands are located approximately 100 kilometres north of Regina, and consist of 43,000 acres of gentle rolling plains. Several oil wells drilled all around the Muskowekwan EPA lands have shown potash beds are regionally present in the stratigraphy. “I... 

Golden Band Resources – La Ronge Gold Project – Surface Lease Agreement signed

August 24, 2009 Filed Under: Precious Metal  
Golden Band Resources - La Ronge Gold Project - Surface Lease Agreement signed

Golden Band Resources Inc. announce that the La Ronge Gold Project Surface Lease Agreement 2009 has been signed with the Government of Saskatchewan. The province is represented in the Agreement by the Ministry of First Nations and Métis Relations and by the Ministry of Environment. Golden Band entered into the Agreement via its wholly owned subsidiary, Jolu Development Corporation (JDC). The Surface... 

Sterlite Industries (India) Limited Revised Offer to Purchase Operating Assets of ASARCO LLC

August 20, 2009 Filed Under: Copper Mining, Lithium Mining, Mining Investment  
Sterlite Industries (India) Limited Revised Offer to Purchase Operating Assets of ASARCO LLC

Sterlite Industries (India) Limited, a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, announced today that it is increasing its offer, for the purchase of substantially all of the operating assets of ASARCO LLC, by approximately US$ 500 million, and has proposed to support a plan of reorganisation that is intended to pay creditors in full their allowed amount... 

Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

July 17, 2009 Filed Under: Lead Mining, Precious Metal, Zinc Mining  
Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

Canadian Zinc Corporation reports that The Honourable Chuck Strahl, Minister of Indian Affairs and Northern Development and Federal Interlocutor for Metis and Non Status Indians, on July 16, 2009 visited the Company’s Prairie Creek Mine site in the Northwest Territories. Minister Strahl was in the Northwest Territories, accompanied by The Honourable Jim Prentice, Canada’s Environment Minister... 

Hinterland Options 1661ha Ballarat Property in White River Gold Play, Yukon

June 23, 2009 Filed Under: Precious Metal  
Hinterland Options 1661ha Ballarat Property in White River Gold Play, Yukon

Hinterland Metals Inc. announce that it has signed an option agreement to acquire a 100% interest in the 12 claim Ballarat property located approximately 15km to the south of the Golden Saddle zone where Underworld Resources Inc. recently reported notable gold values in drill intersections. Under the terms of the option, Hinterland has agreed to pay the Vendor $40,000 cash, issue 400,000 shares and...