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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

…  are targeted for completion in the next three to four weeks. With upgrader 2 expected to operate at reduced rates during this …  will be confirmed when Suncor’s fourth quarter results are released on January 21, …

December 2nd, 2008

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. Announces Corporate Restructuring

…  of the restructure of the company. The Company Profile is to be updated as all of management has changed. New directors have been …  members of the board will be elected in the coming days. In the same time frame a group of Canadian Investors have confirmed …

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

…  km and total surface area in excess of 3.5km(2) (see DFI press release dated November 8, 2007). The Company undertook an exploration …

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.

…  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 capital stock …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

…  subsidiary of Acadian have fluctuated during the year and stood at an amount due to Royal Roads of $2,292,460 at November 28, 2008. On November 28, 2008, the …

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

…  strategic move for the company. Coal reserves are expected to last for another 200 plus years at the present rate of consumption and …  by Sismo Ingenieria Ltda, and are in close proximity to the operating and exploration mines of Rio Tinto Mining, Coal Corp, Rio …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

…  Securities Commissions in each of the provinces and territories of Canada, except in the province of Quebec, and a corresponding …  and for general corporate purposes. This news release does not constitute an offer to sell or the solicitation of an offer to …

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

…  PetrOil Inc., formerly CybeRecord, Inc., have entered into negotiations with the Islamic Republic of Mauritania in continuing its plans …  General Manager Former Minister Mohamed Ould Bahiya, Director General Adjoint Mr. Tourad Ould Abdel Baghi and Financial Director Chiek …

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

…  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 extended by one year to November 19, …

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

…  Limited is pleased to announce summary results of exploration programme on its iron projects and …  extended the potential for similar type mineralization to a new area known as Matapi West. The characteristic strong magnetic response …  of canga mineralization has returned results from 30 to greater than 48% Fe depending on the proportion of primary material and …

December 1st, 2008