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Random News from Mining Top News

200 Entreprises Are In Line To Obtain Biodiesel Licence

Association of Alternative Energy and Biodiesel Producers (ALBIYOBIR) announced that only two enterprises among the applied 200, were given biodiesel licence because of the slow process.
Speaking to the AA correspondent, Tamer Afacan, the chairman of the association, indicated that the transactions to get a Biodiesel licence was very long because of bureaucratic procedures. He underlined [...]

Vista Gold Corp. Filing of Preliminary Short Form Base Shelf Prospectus and Registration Statement

Vista Gold Corp. announce that it filed a preliminary short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) and a corresponding shelf registration statement on Form S-3 with the United States Securities and Exchange Commission. The Offering Documents, when brought effective, will allow Vista to [...]

Century Petroleum – Thunder Stud Project Update

Century Petroleum Corp. is pleased to announce that the Thunder Stud project has spud.
Drilling operations began 5:30AM January 21, 2007. This large structural prospect is targeting conventional sandstone reservoirs of Tertiary age, which have a high-side estimated resource range approaching 1TCF.
Century Petroleum has a 4% working interest in the +4,000 acres encompassing the Thunder [...]

New mining rights could increase production at Eastern Platinum

Eastern Platinum has been granted a new order mining right for the Crocette section at its Crocodile River mine in South Africa meaning the firm can begin the development of the project.
According to Ian Rozier, President and Chief Executive Officer of Eastern Platinum, the mining rights were granted by the Department for Minerals and Energy [...]

North Bay Acquires North Star Silver Property

North Bay Resources Inc. announce that it has acquired a 100% undivided interest in the North Star Silver Property in southeastern British Columbia, Canada.
The North Star Silver Property is situated in the historic Slocan Silver mining camp, and is located 1.5 kilometres east of Slocan Lake and approximately 4 kilomtres south of the village of [...]

Tag: mining in north bay

Petroleum Fund Boss, Others Face Trial over Graft

The Executive Secretary of Petroleum Equalization Fund (PEF) Mr. A.S. Gurin and four oil markers are to be prosecuted by the Independent Corrupt Practices and other Related Offences Commission (ICPC) for allegedly violating the provision of the commission’s Act which prohibit frustrating investigation.
Indicted with the PEF boss were Alhaji Babagana Kodebe, Alhaji Ibrahim Biu, Alhaji [...]

Goldcorp and Glamis Agree to US$21.3 Billion Combination Creating the World’s Premier Gold Mining Company

Goldcorp Inc. and Glamis Gold Ltd. announced today that they have agreed to combine in a US$21.3 billion transaction to create one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc.
Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis’ common shareholders [...]

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Talon Metals provides update on discussions with Saber Energy

Talon Metals Corp., announces that it has agreed to a 30 day extension on the maturity date of the $6 million loan Talon has made to Saber Energy Corp. as part of the binding Heads of Agreement entered into by Saber and Talon on September 25, 2008. The original maturity date of the loan [...]

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Nigeria: FG Approves N1b for Petroleum Resources Varsity

Out-going Education Minister, Mrs. Obiageli Ezekwesili has said the Federal Government had approved a take-off grant of N1 billion for University of Petroleum Resources, Effurun, Delta.
Ezekwesili, who made this known in Abuja, at the inauguration of the governing council of the university, said the amount was to assist the institution in providing the necessary facilities [...]

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Arab Petroleum Investments Corporation (“APICORP”) US$400 Million Term Loan Facility – Bahrain

Arab Petroleum Investments Corporation (APICORP) is pleased to announce that it signed on Thursday 17th May 2007 a new USD 400,000,000/- five years Syndicated Term Loan Facility in the Kingdom of Bahrain. The Mandated Lead Arrangers for this facility were as follows: Arab Bank plc, Arab Banking Corporation (B.S.C.), Bank of Tokyo Mitsubishi UFJ, Ltd., [...]

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