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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

…  meetings continued at the Ministry of Petroleum and Energy with Minister Mohamed Salem Boidaha and Mr. Cheikhna Ould Ahmed Ould …  of on shore and off shore drilling for oil and natural resources as well as other strategic ventures. This was reflected and signed by …

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

…  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 …  been extended by one year to November 19, 2009. The SSR share option of 130,000 common shares due to the vendor will be granted …

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

…  the potential for similar type mineralization to a new area known as Matapi West. The characteristic strong magnetic response of …  exploration and development company focused on the mineral resources in Latin America. Ecometals also has significant gold projects in …

December 1st, 2008

Boise Rigging Supply Switches to N4 Systems’ Field ID

Boise Rigging Supply Switches to N4 Systems’ Field ID

…  system with a consistent user experience, the updates are planned with the customer in mind, allowing them to participate in multiple webinars the day the updates are rolled out. That’s what I call customer service”, said Gail Hughes, President of A+ Computer …

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

…  Incorporated, a natural resource company in the precious metals mining sector, …  system that is used to power machinery in the 3400 area of the mine. The gallery also shows a second battery-operated …  was available for hauling ore to surface from the 3400 area. Due to the availability of a second locomotive, several ore cars are …

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

…  USA Energy, Inc., an early stage natural gas exploration and production company, …  #2 and at 2,258 feet on Francis Grace #2; both wells are expected to reach TD this week. Headquartered in London, KY, Kentucky …  experience and technological expertise to develop its gas resources in the Illinois Basin’s New Albany Shale. More information about …

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

…  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 …  the Company’s current production from the area and thereby eliminate third party processing costs. The formal agreements …

December 1st, 2008

Avista Corp. Closes New $200 Million Line of Credit

Avista Corp. Closes New $200 Million Line of Credit

…  JP Morgan Chase Bank, N.A., as documentation agent. “We are very pleased to have this credit facility in place, especially during these …  investments and maturing debt.” Avista Corp. is an energy company involved in the production, transmission and distribution of …

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. …

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 to …  will be developed within the budget and schedule. We are taking a long term positive view on the price of copper and expect an …

December 1st, 2008