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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 …  of advisors attended high level meetings held on Nov 4th 2008 with Minister Ba Houdou of the Ministry of Promotion in Investments, …

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

Silver 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 payment and $200,000 work commitment to November 19th have been …

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

…  geophysics surveys completed in the third quarter 2008 have resulted in a significant strike extension of the strongly magnetic …  with ground magnetics, and sampling of outcrop and soils conducted on a 50 X 200m grid. Samples of outcrop chip samples have been …

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 Management (ISCM) system, Field ID, to manage all of their inspection services. Boise Rigging selected Field ID for its performance and ease of use. “Ado …

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

Unico, Incorporated, a natural resource company in the precious metals mining sector, announced that a new photo gallery has been added to its corporate website, www.unicomining.com, which includes pictures showing the progress of additional underground re …

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

…  in the acquisition, exploration, and development of oil and natural gas resource properties, with a primary focus on New Albany …

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

…  acquisition of the outstanding shares of three private oil & natural gas companies for an aggregate cash consideration of $4.5 …  for an effective date for the acquisitions of October 1, 2008. The acquisitions do not include any commitments for office facilities or …

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 administrative agent, Wells Fargo Bank, National Association, as s …

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.

…  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 …  acceptance until 11:59 p.m. (local time) on December 15, 2008, among other things. Mineralogy also announced that it has entered into …

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

…  in accordance with the MOU announced on October 1, 2008 and it is anticipated that the definitive agreements will be finalized as …

December 1st, 2008