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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 …

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

…  term of its Option on the James Township Morris Property in cooperation with the vendor. As a result, the $10,000 cash payment and …  always been to acquire quality silver projects that are in advanced stages beyond grassroots exploration, with the potential to be …

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

…  on its iron projects and the start of a new manganese JV in Brazil. Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant strike extension of …

December 1st, 2008

Boise Rigging Supply Switches to N4 Systems’ Field ID

Boise Rigging Supply Switches to N4 Systems’ Field ID

…  Rigging Supply has switched to the market leading RFID based Inspection and Safety Compliance Management (ISCM) system, Field ID, to manage …

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, announced that a new photo gallery has been added to its …

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, announced …  (“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 evaluated in the Company’s …

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 consideration of $4.5 million. The purchase …

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, Wells Fargo …

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 …

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 …

December 1st, 2008