Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

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Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it has released Gemcom MineSched™ 6.1, the latest version of its next generation scheduling software for surface and underground mines of all sizes and types, improving productivity and profits beyond what could be achieved by manual scheduling. MineSched incorporates... 

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Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

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Kilo Strengthens Management Ahead of Accelerating Exploration

Kilo Goldmines Ltd. announce a strengthened management team in preparation for a significant increase in corporate and exploration activity. The Company is well advanced on its exploration program at its core gold project in the Democratic Republic of the Congo (DRC). The Board of Directors has recently appointed Klaus Eckhof President and CEO of the Company and Peter Hooper has been appointed Executive... 

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Mega Silver Inc. and Skybridge Development Corp. Sign Business Combination Agreement

Mega Silver Inc. announce that they have signed a business combination agreement in respect of the previously announced proposed acquisition of Skybridge by Mega. Under the terms of the acquisition, Mega will acquire all of the outstanding common shares of Skybridge (“Skybridge Shares”) in exchange for common shares of Mega (“Mega Shares”), on the basis of one (1) Mega Share... 

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Uranium One Completes Australian Joint Venture Transactions with Mitsui

Uranium One Inc. and Mitsui & Co., Ltd. of Japan announced that all regulatory approvals required to close the joint venture transactions previously announced on October 15, 2008 have been obtained. Mitsui has now acquired a 49% interest in the Honeymoon project and Uranium One’s Australian exploration portfolio including the Goulds Dam and Billeroo projects, and other prospective tenements... 

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Mexivada Receives Signed MOU from Gbense Chiefdom for Diamond Mining at Kono, Sierra Leone

Mexivada has executed a series of legal documents to facilitate start up of new artisanal diamond mining operations in Sierra Leone, Africa, through its subsidiary, Mexivada Gold and Diamond Mining Company (SL) Limited. MGD has received a signed Memorandum of Understanding dated November 14, 2008 from the Gbense Chiefdom of the Kono diamond mining district in Sierra Leone, Africa, to allow MGD to conduct... 

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CNX Gas Promotes Buford Myers and Samuel McLaughlin

CNX Gas Corporation announced today the promotions of Buford Myers, currently General Manager – Virginia Operations and Samuel McLaughlin, currently General Manager – Northern Appalachia Operations to Vice President – Virginia Operations and Vice President – Northern Appalachia Operations, respectively. Buford began his career in 1974 with CONSOL Energy and soon thereafter earned... 

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Sasol Limited: Encouraging Exploration Results for Sasol Petroleum Sofala

Sasol Petroleum Sofala, a wholly owned subsidiary of Sasol Petroleum International, has completed its first exploration well, Njika-1, in Block 16/19 in Mozambique. The well is located in waters at a depth of 460 meters and was drilled to a total depth of 1615 meters. The well accessed the predicted targets and measurements indicate the presence of gas. The well is currently being tested. Lean Strauss,... 

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