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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

…  have entered into negotiations with the Islamic Republic of Mauritania in continuing its plans of expansion within the African Continent. Wadah Richad Kilani President of …  and his corporate team of advisors attended high level meetings held on Nov 4th 2008 with Minister Ba Houdou of the Ministry of …

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

…  Corp. announced that the Company has extended the term of its Option on the James Township Morris Property in cooperation with the …  by one year to November 19, 2009. The SSR share option of 130,000 common shares due to the vendor will be granted immediately upon …

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

…  Limited is pleased to announce summary results of exploration programme on its iron projects and the start of a new manganese JV in Brazil. Airborne geophysics surveys completed in …

December 1st, 2008

Boise Rigging Supply Switches to N4 Systems’ Field ID

Boise Rigging Supply Switches to N4 Systems’ Field ID

…  Management (ISCM) system, Field ID, to manage all of their inspection services. Boise Rigging selected Field ID for its performance and ease of use. “Adopting an electronic inspection management system not only …  Systems’ customer service, attention to detail, and level of professionalism is unmatched”, noted Scott Black, President of Boise Rigging …

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

…  which includes pictures showing the progress of additional underground rehabilitation work at the Deer Trail Mine in …  two subsections, has been added to the “Media” section of the Unico website at www.unicomining.com./news/othermedia.php. Upgrades …  electrical system have been undertaken and a section of the photo gallery is devoted to the electrical system work. The old …

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

…  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 encountered in this well is comparable to that of the wells …

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

…  formal binding agreements for the arm’s length acquisition of the outstanding shares of three private oil & natural gas companies for an aggregate cash …

December 1st, 2008

Avista Corp. Closes New $200 Million Line of Credit

Avista Corp. Closes New $200 Million Line of Credit

…  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, …

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.

…  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 …

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

…  has agreed to advance up to Cdn$28.75 Million by way of a bridge-loan to Similco Mines Ltd., a wholly-owned subsidiary of the Company. Similco holds the assets of the former Similco mine, which the Company plans to re-develop into a …

December 1st, 2008