Mawson focuses on uranium exploration in Scandinavia

December 13, 2009 Filed Under: Uranium Mining  
Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

Iberian Minerals Declares Commercial Production at Aguas Tenidas

October 26, 2009 Filed Under: Copper Mining, Zinc Mining  
Iberian Minerals Declares Commercial Production at Aguas Tenidas

Iberian Minerals Corp., a Canadian listed global base metals company with interests in Spain and Peru announced that it has declared commercial production at the Aguas Tenidas Mine in Spain. As such, for accounting purposes, effective October 1, 2009, all revenue and expenses will be accounted for as part of the income statement of the Corporation. Daniel Vanin, President, commented: “This is... 

Lundin Mining Enters Into Agreement for the Sale of Ozernoe Project

September 19, 2009 Filed Under: Mining Investment, Mining Stocks, Zinc Mining  
Lundin Mining Enters Into Agreement for the Sale of Ozernoe Project

Lundin Mining Corporation a diversified base metals mining company with operations in Portugal, Spain, and Sweden, producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes expansion projects at its Zinkgruvan and Neves-Corvo mines along with its equity stake in the world class Tenke Fungurume copper/cobalt project in the Democratic Republic... 

AuEx Ventures, Inc.: Pequop South Gold Exploration Property Optioned

August 27, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
AuEx Ventures, Inc.: Pequop South Gold Exploration Property Optioned

AuEx Ventures, Inc. a TSX listed precious metals exploration company that has a current portfolio of twenty three exploration projects in Nevada, one project in Spain and two projects in Argentina announce that it has entered into an Exploration Earn-in Agreement (“Agreement”) with Golden Dory Resources, Corp. (“GDR”) of Gander, Newfoundland, Canada concerning the Company’s... 

Technip Acquires a New Construction Support Vessel

June 15, 2009 Filed Under: Oil and Gas  
Technip Acquires a New Construction Support Vessel

Technip, a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies, announces the acquisition of a new construction support vessel, the North Ocean 103, from Oceanteam ASA. The transaction has been completed through the purchase of the ship-owning entity, North Ocean III... 

Glen Eagle Resources Signs Definitive Agreement With Kinbauri Gold Corp.

May 13, 2009 Filed Under: Mining Investment, Precious Metal  
Glen Eagle Resources Signs Definitive Agreement With Kinbauri Gold Corp.

Glen Eagle Resources Inc. announce that the transaction with Kinbauri Gold Corp. is moving towards completion whereby all terms have been agreed to in a definitive subscription agreement and signed off by both parties pursuant to the binding letter of intent as announced on April 17, 2009. Under the terms of the subscription agreement, Glen Eagle will invest C$32M to acquire a 45% interest in Kinbauri... 

Petroleum Geo-Services ASA: Update on new builds in Spain

March 23, 2009 Filed Under: Oil and Gas  
Petroleum Geo-Services ASA: Update on new builds in Spain

Reference is made to previous announcements regarding the vessels under construction at the Factorias Vulcano shipyard in Spain. Petroleum Geo-Services ASA, and its subsidiary Arrow Seismic Invest II Ltd., having informed WesternGeco that there was a right to cancel the shipbuilding contract for New Build number 532 have received a formal notification by WesternGeco that the company on that basis has... 

Lundin Mining Closes Sale of Aljustrel Mine

February 6, 2009 Filed Under: Zinc Mining  
Lundin Mining Closes Sale of Aljustrel Mine

Lundin Mining Corporation reports that the previously announced sale of its subsidiary Pirites Alentejanas SA, owner of the Aljustrel Mine in Portugal, has closed. All requisite regulatory approvals have been received and the Company has no further responsibility for the Aljustrel Mine. Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Spain and Sweden,... 

Iberian Starts Up Copper Concentrate Production at Minas De Aguas Tenidas

December 22, 2008 Filed Under: Copper Mining, Zinc Mining  

Iberian Minerals Corp. and its wholly owned subsidiary Minas Aguas Tenidas S.A. are pleased to announce that the first copper concentrates have been produced at the Aguas Tenidas mine on December 21st, 2008. The Aguas Tenidas mine is located in the Andalucia region of Spain. The copper concentrate was produced out of the copper flotation circuit that has a design process capacity of 850,000 tonnes... 

Ritchie Bros. sells record US$3.57 billion of equipment at 2008 auctions

December 22, 2008 Filed Under: Mining Equipment  

Vancouver-based Ritchie Bros. Auctioneers conducted its final unreserved auctions of 2008 last week and is pleased to announce a preliminary gross auction proceeds estimate of US$3.57 billion for the year. This represents a 12% increase over 2007 gross auction proceeds, making this the largest year in the Company’s 50-year history. Ritchie Bros., the world’s largest auctioneer of industrial...