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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

…  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 …  Kilani President of Petrolium Oil Alliance Inc. and his corporate team of advisors attended high level meetings held on Nov 4th 2008 …

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 …  during undeniably difficult financial conditions. As reported previously the Company has completed stripping at its Welsh Property …

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

Ecometals Limited is pleased to announce summary results of exploration programme on its iron …  to a new area known as Matapi West. The characteristic strong magnetic response of magnetite-rich iron formation is now …

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 …  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, …  have been undertaken and a section of the photo gallery is devoted to the electrical system work. The old electrical cable into the mine’s escape raise has been replaced. The work also included the installation of a new …

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, …  the log confirms that the shale formation encountered in this well is comparable to that of the wells evaluated in the Company’s original …

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 …  cash consideration of $4.5 million. The purchase price is comprised of approximately $4.1 million for petroleum and natural gas …

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 …

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. …  support agreement also contains, among other things, provisions for a $2.7 million break fee, non-solicitation of competing offers, …

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 …  for the Project at the end of 2010. The Company and Mitsubishi continue to work on the definitive agreements in accordance with the MOU …

December 1st, 2008