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Random News from Mining Top News

Suncor Energy reports repair work underway at oil sands upgrader

Suncor Energy reports repair work underway at oil sands upgrader

…  following a minor fire at one of the company’s two oil sands upgraders north of Fort McMurray. The fire occurred November 26 …  rates during this period, the company anticipates total oil sands production will average approximately 235,000 barrels per day (bpd) …

December 2nd, 2008

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. announced the completion of the restructure of the company. The Company Profile is to be updated as all of management has changed. New directors have been appointed. U Mining Resources, Inc. has also announced that it has electe …

December 2nd, 2008

Diamond Fields Moves Forward with Liberia Gold Project and Acquires Bonaparte Diamond Mine NL’s Interests in DFI’s Namibian Concessions

Diamond Fields Moves Forward with Liberia Gold Project and Acquires Bonaparte Diamond Mine NL’s Interests in DFI’s Namibian Concessions

…  a field sampling program in 2007/2008 with data from a soil sampling program in 2005 show the existence of near continuous anomalous …  program for gold in the 2008 dry season. A group of 1,500 soil samples have been analyzed by Alex Stewart Assayers in the UK, a NI 43-101 …

December 2nd, 2008

Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.

Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.

Russel Metals Inc. announced that it completed the acquisition of Norton Metal Products, Inc. on November 28, 2008. On November 10, 2008 Russel Metals announced that it had entered into a stock purchase agreement to acquire 100% of the outstanding capit …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

Royal Roads Corp. announced that it has filed on SEDAR its financial statements and management discussion analysis for the nine months ended September 30, 2008. The financial statements reflect that the inter-company advances between Royal Roads and Acadia …

December 2nd, 2008

Whitewater Mining Corporation Signs Letter of Intent for Coal Mining Concession in Colombia

Whitewater Mining Corporation Signs Letter of Intent for Coal Mining Concession in Colombia

…  The concession in an area with large bituminous coal reserves of excellent quality. Its preliminary evaluation has also shown mining …  on coal is a strong strategic move for the company. Coal reserves are expected to last for another 200 plus years at the present rate of …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

Minefinders Corporation Ltd. reported that the company has filed and received a receipt for a final short form universal base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except in the province of Que …

December 2nd, 2008

Petrolium Oil Alliance Inc. Enters Into Negotiations in the Islamic Republic of Mauritania

Petrolium Oil Alliance Inc. Enters Into Negotiations in the Islamic Republic of Mauritania

…  Oil Alliance Inc. and its U.S. subsidiary PetrOil Inc., formerly CybeRecord, Inc., have entered into negotiations with the …  in Western Africa. Mauritania’s oil and gas natural reserves are being developed both on shore and offshore for commercialization …

December 1st, 2008

Silver Shield Resources Extends Option on James Township Morris Property by 1 Year

Silver Shield Resources Extends Option on James Township Morris Property by 1 Year

Silver Shield Resources Corp. announced that the Company has extended the term of its Option on the James Township Morris Property in cooperation with the vendor. As a result, the $10,000 cash payment and $200,000 work commitment to November 19th have been …

December 1st, 2008

Ecometals Reports Summary of 2008 Exploration Results, Brazil Iron Projects and a New Manganese JV

Ecometals Reports Summary of 2008 Exploration Results, Brazil Iron Projects and a New Manganese JV

…  with ground magnetics, and sampling of outcrop and soils conducted on a 50 X 200m grid. Samples of outcrop chip samples have been …

December 1st, 2008