Tethys Petroleum Limited: Tajikistan Joint Venture Finalised

Tethys Petroleum Limited announced that the joint venture relating to its Tajik projects previously announced in December 2007 has now been completed and that its interests in Tajikistan have therefore been transferred to its joint venture company Seven Stars Energy Corporation (“SSEC”). The completion of this deal had been waiting on the resolution of certain commercial and business issues... 

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Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

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Ritchie Bros. Auctioneers closes acquisition of Martella Auction Company in California

Ritchie Bros. Auctioneers Incorporated announced today the closing of the acquisition of the auction business and certain assets of Martella Auction Company, Inc., an agricultural and industrial equipment auctioneer based in Tipton, California. As part of the agreement, Ritchie Bros. will lease Martella’s 65-acre auction site to conduct unreserved public auctions. Jeremy Martella, former principal... 

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Central Completes Due Diligence on Newman Todd Property and Moves Forward With Option

Central Resources Corp., announce that it has successfully completed due diligence on the Newman Todd property and is proceeding with the previously announced option agreement whereby Central can earn a 60% undivided interest in the Newman Todd property from Redstar Gold Corp. “Acquiring an option on a property located in Red Lake Mining Camp, the most prolific gold region in Canada, is a significant... 

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Petro America Backs Shares With Gold Mine Interest

Petro America Corp (PTRZ) announced that it will adopt a gold standard from its Gold Mine acquisition interest to create greater share value for its shares. With the consistently high prices of Gold, this is an excellent way to hedge and maintain share value. The company is preparing to file the necessary financial information with the SEC, and is excited about its gold mine acquisition interest and... 

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Energtek Anticipates Increase of NatGas Activities in India

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced that additional Natural Gas (NG) production capacity, plus rebounding oil prices will increase the likelihood of significant revenues for the company’s subsidiary in India. Energtek announced earlier this month, that the company’s subsidiary Moregastech India Private Limited expects to report... 

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Ritchie Bros. Orlando auction to sell 30 concrete pump trucks and other equipment items

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, is conducting a three-day, multi-million dollar unreserved public auction at the Company’s permanent auction site in Orlando, Florida, from Wednesday, May 27, 2009 to Friday, May 29, 2009 starting at 8:00 a.m. each day. More than 2,650 construction, transportation and other equipment items, including 30 concrete pump... 

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Marathon Announces Natural Gas Discovery in New Area of Oklahoma

As part of the Company’s targeted expansion into key resource plays of North America, Marathon Oil Corporation announced that it has participated in a successful step-out discovery well on the Brickyard prospect, located in the northeast area of the Anadarko Basin, targeting the Woodford Shale resource play in Canadian County, Oklahoma. The Cana No. 1-15H discovery well was drilled to a true... 

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Cameco Temporarily Suspends UF6 Production in Port Hope

Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant. As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory... 

Western Canadian Coal Temporarily Suspends Development at the Willow Creek Mine

Western Canadian Coal Corp. announces that despite a successful start-up of mining operations at the Willow Creek Mine, the current volatile and rapid global economic uncertainty is impacting the demand for metallurgical coal. As a result, the Company will temporarily suspend mining operations and future capital expenditures at the Willow Creek Mine at the end of November 2008. Future decisions on... 

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