Oil Export Project Continues to Deliver Revenue and Create Jobs in Chad

Five years after oil was first produced from the Doba basin in southern Chad, the Chad Export Project continues to provide significant economic growth and development to the country and its residents. Stephane de Mahieu, general manager, Esso Exploration and Production Chad Inc., an ExxonMobil affiliate, discussed the project’s contributions to the nation at the Chad International Oil, Mining and... 

Tag: mining companies cameroon

Gilla Acquiring Terra Merchant Resources Corporation

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately... 

Tag: terra marchant, method of bleg and sediment stream sampling for gold exploration

Mega Uranium Ltd.: Removal of the Uranium Mine Development Ban in Western Australia

Mega Uranium Ltd. report the favorable outcome of the Western Australia State election, which has resulted in the incumbent Labor Party government, which opposed uranium mining, being replaced by an alliance of the Liberal Party and National Party. As the two parties forming the new State Government both have policies that favor new uranium mine development, there is no longer any political impediment... 

Geovic Mining Appoints Conrad Houser as President of Geovic Energy

Geovic Mining Corp. announced the appointment of Conrad B. Houser to the position of Senior Vice President, as well as President of Geovic Energy Co., a wholly-owned subsidiary. Mr. Houser has more than 25 years experience in international mining activities, including project management, strategic planning, finance, administration, mine design, environmental permitting, compliance, and marketing. Additionally,... 

Tag: geovic bauxite cobalt, camaroon lithium, cameroon lithium mine, bauxitvn nzt, geovic project manager

Geovic Mining Corp.: Progress Update on East Mada Drilling Program

Geovic Mining Corp., on behalf of its 60%-owned subsidiary Geovic Cameroon PLC (GeoCam), announce progress from its drilling program at the Mada cobalt-nickel-manganese property in Cameroon, Africa. Mada is a northern, adjoining extension of the Nkamouna deposit, with very similar geologic properties and mineral grades. The purpose of drilling Mada is to determine if it contains additional high-grade... 

Whinnen Resources Acquires Option for African Bauxite Project

Whinnen Resources Limited (Whinnen, the Company) (ASX: WWW.AX) is pleased to announce that it has entered into a conditional agreement to acquire 85% of the Fongo Tongo Bauxite Project in the Republic of Cameroon in Africa, for a total consideration of US$8 million. Payment will comprise US$4 million cash and US$4 million in shares, and will be subject to satisfaction of milestones as outlined below. The... 

Alcan reviewing close results of Iceland Hafnarfjordur public consultation

Alcan Inc. announced today that it will carefully analyse the close results of last Saturday’s public consultation in Hafnarfjordur and assess the impact these results may have on the future of its ISAL aluminum smelter. Citizens of Hafnarfjordur voted by a small majority (50.3%) against a local urbanisation plan that included the expansion of the ISAL smelter. “Alcan has noted the results... 

Chinese leader tours copper-rich Zambia

Chinese President Hu Jintao on Saturday was bringing his eight-nation African tour to Zambia, a copper-rich country where China’s growing clout has prompted charges of exploitation and emerged as a volatile political issue. Huge photos of Hu and Zambian President Levy Mwanawasa greeted motorists on Lusaka’s main roads in preparation for the tightly orchestrated three-day visit, which follows... 

Geovic Mining Corp.: Program to Expand Cobalt-Nickel Reserves and Resources

Geovic Mining Corp. (“Geovic”) (TSX VENTURE: GMC) is pleased to announce that its 60% owned subsidiary, Geovic Cameroon PLC (“GeoCam”), plans to resume test pitting in February 2007 and drilling in March 2007 at its cobalt-nickel project in Cameroon. The overall program includes 600 relatively shallow drill holes and test pits that are targeted to increase mineral resources... 

Tag: geovic plc manganese

Iron ore veteran expects further price rise ahead

Western Australia’s iron ore boom is set to roll on, with fresh predictions that prices will rise again next year as yet another international steel producer joins the rush for WA iron ore assets ahead of a State visit by officials from one of Russia’s biggest iron and steel groups. Addressing shareholders of African iron ore hopeful Sundance Resources yesterday, Perth iron ore veteran...