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Random News from Mining Top News

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

…  of a new manganese JV in Brazil. Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant …  of primary material and gangue. The economics of iron mining in the Matapi area are significantly enhanced by the proximity to both …

December 1st, 2008

Boise Rigging Supply Switches to N4 Systems’ Field ID

Boise Rigging Supply Switches to N4 Systems’ Field ID

Boise Rigging Supply has switched to the market leading RFID based Inspection and Safety Compliance Management (ISCM) system, Field ID, to manage all of their inspection services. Boise Rigging selected Field ID for its performance and ease of use. “Ado …

December 1st, 2008

Unico, Inc. Announces Addition of New Photo Gallery Showing Recent Progress of Underground Rehabilitation Work at the Deer Trail Mine

Unico, Inc. Announces Addition of New Photo Gallery Showing Recent Progress of Underground Rehabilitation Work at the Deer Trail Mine

…  a natural resource company in the precious metals mining sector, announced that a new photo gallery has been added to its corporate website, www.unicomining.com, which includes pictures showing the progress of additional …  work undertaken by the company’s wholly owned Deer Trail Mining Company subsidiary including upgrades to the mine’s electrical system …

December 1st, 2008

Kentucky USA Energy, Inc. Announces Reaching Total Depth on Hunter Wells #1

Kentucky USA Energy, Inc. Announces Reaching Total Depth on Hunter Wells #1

Kentucky USA Energy, Inc., an early stage natural gas exploration and production company, announced today that the Company reached total depth (“TD”) of 2,431 feet on Hunter Wells #1. After logging the well, the log confirms that the shale formation en …

December 1st, 2008

Eagle Rock Exploration Enters into Formal Agreements to Acquire Private Oil & Gas Companies

Eagle Rock Exploration Enters into Formal Agreements to Acquire Private Oil & Gas Companies

Eagle Rock Exploration Ltd. announces that it has entered into formal binding agreements for the arm’s length acquisition of the outstanding shares of three private oil & natural gas companies for an aggregate cash consideration of $4.5 million. The purcha …

December 1st, 2008

Avista Corp. Closes New $200 Million Line of Credit

Avista Corp. Closes New $200 Million Line of Credit

Avista Corp. has closed on a $200 million, 364-day line of credit, which expires on Nov. 24, 2009. The credit facility is with a group of banks, including Union Bank of California, N.A., as administrative agent, Wells Fargo Bank, National Association, as s …

December 1st, 2008

Mineralogy increases offer price and receives support of the board of directors of Waratah Coal Inc.

Mineralogy increases offer price and receives support of the board of directors of Waratah Coal Inc.

Mineralogy Pty Ltd. announced that it is amending its offer to acquire all of the common shares of Waratah Coal Inc. by increasing the offer price to $1.60 per share and extending the offer to remain open for acceptance until 11:59 p.m. (local time) on De …

December 1st, 2008

Mitsubishi Materials Corporation advances $28.75 million for Copper Mountain Project

Mitsubishi Materials Corporation advances $28.75 million for Copper Mountain Project

…  Mountain Mining Corporation announce that Mitsubishi Materials Corporation has agreed …

December 1st, 2008