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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

…  reduced rates during this period, the company anticipates total oil sands production will average approximately 235,000 barrels per day …

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

…  gold mineralization over a strike length of 5.5 km and total surface area in excess of 3.5km(2) (see DFI press release dated November …  from Bonaparte in the amount of US$275,000. “DFI is delighted to have re-acquired 100% of the interests in the marine concessions” …

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

…  Roads is a resource company based in Halifax, Nova Scotia, Canada and is focused on exploring and developing base metal properties in the …  and Labrador, Canada, where Royal Roads controls property totaling 33,700 hectares, including the historic Buchans mines, the Lundberg …

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

Whitewater Mining Corporation, a junior exploration company who is acquiring and developing mining concessions in Latin America, has just signed a Letter of Intent for a 10,000 hectare thermic coal mining concession in Valledupar, Cesar in Colombia. The co …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

…  Commissions in each of the provinces and territories of Canada, except in the province of Quebec, and a corresponding registration …  filings allow the company to make public offerings in Canada and the United States of common shares, warrants to purchase common …

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

Petrolium Oil Alliance Inc. and its U.S. subsidiary PetrOil Inc., formerly CybeRecord, Inc., have entered into negotiations with the Islamic Republic of Mauritania in continuing its plans of expansion within the African Continent. Wadah Richad Kilani Pr …

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

…  in concession areas by making three staged payments totalling US $1,000,000 within one year of signing the agreement. The …  Scola, CEO, commented, “These very positive results highlight the benefits gained from the use of the airborne geophysical survey, …

December 1st, 2008