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Random News from Mining Top News

Kimpar Resources Inc. Completes National Instrument 43-101 Report

September 26th, 2008

GA Capital Corp. announce that Kimpar Resources Inc. has completed a National Instrument 43-101 (“NI 43-101″) technical report from Geoffrey S. Carter, P. Eng. of Broad Oak Associates Inc. , in respect to certain of Kimpar’s mineral exploration properties. As previously announced, GAC intends to complete a business combination with Kimpar, which if completed, is [...]

Nuinsco and Victory Nickel Announce Guidance for Computation of the Shareholders’ Adjusted Cost Base for New Shares Issued Under Plan of Arrangement

February 22nd, 2007

Nuinsco Resources Limited and Victory Nickel Inc. announce their guidance regarding the computation of shareholders’ adjusted cost base for Canadian tax purposes in connection with the arrangement (the “Arrangement”) involving Nuinsco and Victory. Pursuant to the Arrangement, each shareholder of Nuinsco received one new common share (“New Nuinsco Common Share”) of Nuinsco and [...]

Century Mining Announces Formation of New Wholly-Owned Subsidiary

May 7th, 2009

Century Mining Corporation, a junior gold producer announced today that the formation and establishment of Lamaque Mining Corporation (LMC) was completed on April 29, 2009. LMC is a wholly-owned subsidiary of Century formed under applicable federal laws in Canada.
LMC was established for the specific purpose of satisfying certain conditions set forth in the US$65 million [...]

Nuinsco Acquires Gold Project in Lake of the Woods Region

March 9th, 2010

Nuinsco Resources Limited announced it has optioned a claim package, collectively referred to as the Olympian Project, that hosts numerous previously identified gold occurrences. The project area lies 5 km northeast along strike from the Kenora region’s most significant past producer, the Wendigo Mine.
“Adding the Olympian Project to our portfolio allows Nuinsco to draw upon [...]

Thabex seeks funding for new mine

July 28th, 2006

Thabex Exploration, a South African mining exploration company, plans to raise R450 million to finance the building of a mine in the country’s Northern Cape province.
Exploration results at its Salt River base-metals project indicated the project to be “sufficiently robust” for the company to raise the funds, Thabex said in a statement to the Johannesburg [...]

AECOM Completes Acquisition of Earth Tech

July 28th, 2008

AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has completed its acquisition of Earth Tech, Inc., a business unit of Tyco International Ltd. (NYSE: TYC ).
Earth Tech provides consulting, engineering and design, build and operate (DBO) [...]

Laredo Petroleum Announces Second Round of Equity Financing of Up to $300 Million From Warburg Pincus

November 11th, 2008

Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum’s senior management team. Funding of this line of equity will [...]

South Africa: Gvm Should Know Feasibility of Holfontein Coal Mining in Weeks

January 31st, 2007

BASE metals and coal company GVM Metals, which took a secondary listing on the JSE late last year, hoped to complete its bankable feasibility study on the Holfontein coal project before the end of March, it said yesterday.
The group recently raised its stake to 100% of the project through the purchase of the shares held [...]

Mph Ventures Acquires Yukon Property Adjacent to Underworld’s White Gold Project

June 19th, 2009

MPH Ventures Corp. announce it has entered into an agreement to acquire a 100 % interest in the Quartz Claims property. This property consists of 22 unit blocks located in the Yukon Territories adjacent and to the north-east of Underworld Resources Inc’s White Gold property. The total land package is approximately 950 hectares. Underworld has [...]

Osisko Tables Environmental Impact Study for Its Canadian Malartic Project

September 6th, 2008

Osisko Mining Corporation submitted yesterday its environmental impact assessment study for its Canadian Malartic mining project to Quebec’s Ministere du Developpement durable, de l’Environnement et des Parcs (MDDEP).
“We’re very pleased to reach this major milestone in the regulatory approval process.” said Mr. Sean Roosen, President and CEO of Osisko. “To conduct this study over the [...]