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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

…  Energy Inc. reports that repairs are underway following a minor fire at one of the …  the next three to four weeks. With upgrader 2 expected to operate at reduced rates during this period, the company anticipates total oil sands production will average approximately 235,000 barrels per day (bpd) in December. Repairs are not expected to impact Suncor’s …

December 2nd, 2008

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. Announces Corporate Restructuring

…  Mining Resources, Inc. announced the completion of the restructure of the company. The Company …  all of management has changed. New directors have been appointed. U Mining Resources, Inc. has also announced that it has elected Mr. …

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

…  Fields International Ltd. announce that it has entered into a joint venture agreement with Silverhill Enterprises Ltd. to further develop DFI’s Liberian gold project. Under the terms …  said Wayne Malouf, DFI’s CEO. “It has been a positive experience working with Mike Woodborne and his team at Bonaparte and we wish them …

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.

…  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 capital …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

…  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 …  subsidiaries, ScoZinc Limited and Annapolis Properties Corp. The loan bear interests at 10% per annum, payable quarterly, and …

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

…  Mining Corporation, a junior exploration company who is acquiring and developing …  evaluation has also shown mining potential in gold, copper, baritine, and ornamental rocks. Whitewater believes that a focus on …

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 …  offering size of US$200,000,000 during the 25-month period commencing today. Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of …

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 Islamic Republic of Mauritania in …

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

…  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 …

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

…  on its iron projects and the start of a new manganese JV in Brazil. Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant strike extension of …

December 1st, 2008