Uranium Star Engages Engineering Group for its Green Giant Vanadium Project in Madagascar

Uranium Star Corp. announces that the recent significant advances to the Green Giant Vanadium Project in Madagascar have dictated that the Company retain a consulting mining engineering company in order that additional metallurgical work and an order of magnitude study can be completed. This work would provide guidance for the existing field work program and a future Preliminary Economic Assessment... 

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ExxonMobil Enters Black Sea with Exploration Agreement in Turkey

Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration. ExxonMobil will become operator during the initial exploration phase and earn... 

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Uranium Star Commences Drilling on Massive Sulphide and Gold Property in Madagascar

Uranium Star Corp. announce it has commenced its Fall 2008 drill program on its Three Horses Property in Madagascar. The drill program will operate through late December 2008. VMS and Gold Targets Prioritized Approximately 5,000 metres of diamond drilling will be focused on multiple high-priority gold and VMS targets identified on the Property. Drill targets were prioritized through the analysis of... 

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Uranium Star’s Madagascar Massive Sulphide Property is Ready For Drilling

Uranium Star Corp. provide an update on its Three Horses Property in Madagascar and an outline of the exploration plans for 2008. Uranium Star’s Three Horses Property located in south-western Madagascar displays the distinct mineralization and alteration styles associated with volcanogenic massive sulphide (VMS) deposits. These deposits can host significant quantities of copper, zinc, lead and... 

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Uranium Star Receives Conditional Approval to List on the TSX Venture Exchange

Uranium Star Corp. report that it has received conditional approval from the TSX Venture Exchange to list as a Tier 2 Mining Issuer. Final approval for the listing is conditional upon the Company satisfying the finalizing conditions and requirements imposed by the Exchange, including providing certain documentation and information to the Exchange. The Company is working to satisfy these conditions... 

Acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd. Closed Today in Accordance With Plan of Arrangement

Pan African Mining Corp. announce the closing today of the Plan of Arrangement and related transactions contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008, among Asia Thai Mining Co., Ltd., 0819615 B.C. Ltd., the Company and African Queen Mines Ltd., a newly formed subsidiary of the Company. A Final Order approving the Plan of Arrangement was obtained from the Supreme... 

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Surging oil and food prices fuel global inflation

Soaring oil and food prices lifted inflation to record levels in Europe on Wednesday and posed a serious threat to governments worldwide amid expert warnings of social upheaval. Record inflation has spared neither rich nor poor countries as food and energy prices have surged worldwide with booming demand in fast-growing Asian countries such as China and India. Inflation in the 15 nations sharing the... 

Learning the ins, outs of oil and gas

San Juan County residents who are curious about how oil and natural gas are produced can attend a class at San Juan College’s School of Energy. The class, “The Oil and Gas Industry: An Introduction Story,” will explain the process in easily understood language. “I start with geology and end up with capping the well,” said course instructor Jack Ensor, ConocoPhillips procurement... 

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Pan African Mining Corp. Identifies Seven New Nickel Laterite Targets in Madagascar

PAN AFRICAN MINING CORP. is pleased to announce that it has identified seven new nickel laterite targets within its license area in Madagascar. These targets were identified by the detailed analysis of recently flown airborne magnetic and radiometric surveys in conjunction with the processing of Landsat remote sensing data. Detailed analysis was performed by consulting geophysicists Patterson, Grant... 

South Korea’s UBS Hana to start $279 mln nickel fund

South Korea’s UBS Hana Asset Management, majority owned by the world’s largest wealth manager, said on Tuesday it will start a 260 billion won fund in December that will invest in a Madagascar nickel mine. South Korea’s government has decided to grant tax breaks to the fund, which will invest more than 70 percent of its money in the metal, the first of its kind in the country. The...