Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government

ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia. Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State.... 

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Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

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Daybreak Announces Operational Update at Its East Slopes Project, Kern County California

Daybreak Oil and Gas, Inc., a Washington Corporation, is pleased to announce the following operational updates for its East Slopes Project in the San Joaquin Valley in California. The Company’s production facilities at its East Slopes Project in Kern County, California has been substantially completed. Some electrical work is remaining, but the facilities are operational. The oil from the Company’s... 

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Tonogold Resources Announces Acquisition of Goldstrike, Utah Gold Project

Tonogold Resources, Inc. has leased 120 unpatented mining claims (2,400 acres) covering key portions of the Goldstrike District in Washington County, Southwest Utah. Goldstrike is an advanced gold exploration project. The Goldstrike property consists of two mining leases covering areas of shallow historic open pits, separate unmined areas with thick gold drill intercepts, and untested structural and... 

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Hidalgo Mining International Expands Banking Relationship

Hidalgo Mining International announced that the company has continued and is expanding its banking relationship with JP Morgan Chase in lieu of recent developments, and in line with management’s plan to expedite multi-site production operations and gold recovery. Management announced that its banking relationships are being enhanced in part because of recent permit renewals, geological reports... 

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OriginOil Announces Breakthrough Process to Extract Oil from Algae

OriginOil, Inc., the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced an innovative single-step process to extract oil from algae. In addition to integrating this process into its own production system, OriginOil plans to rapidly commercialize the patent-pending process for use by others in the... 

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Hidalgo Mining International New Production Plan in Ghana

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today to shareholders its new production plan in Ghana, West Africa. Mark Daniel Klok, President of HMIT, stated, “Due to the recent coup and instability in Guinea, management has implemented an alternative production plan to protect its shareholders from further political risk, an unstable... 

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

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... 

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North American Energy Resources, Inc. Completes Gas Well in Washington County

North American Energy Resources, Inc., an early stage oil and gas exploration and production company, announced today that it has completed a gas well in the Mississippi Chat formation adjacent to its two recently completed oil wells. The well had been perfed and was acidized with 300 barrels of a 15% acid solution at 600 lbs. of pressure. The Company expects the well to flow gas within the week and... 

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Atlas Energy Announces Sharply Higher Results with New Technique in its Marcellus Shale Drilling Program

Over the past several weeks, Atlas Energy has successfully pioneered the use of a two-stage frac design for five of its vertical wells as part of its Marcellus Shale drilling program in southwestern Pennsylvania. Using this frac design, the Company has averaged initial rates of production for 24 hours into a pipeline of 2.1 million cubic feet per day (”Mmcf/d”), more than double the Company’s... 

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