Afri-Can Marine Minerals: Diamond Sampling Vessel Departs Cape Town
Afri-Can Marine Minerals Corporation a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia has been informed by International Mining and Dredging Holding Ltd. (IMDH) that the contracted diamond sampling vessel MV DP The Explorer has left Cape Town, South Africa, for the port of Walvis Bay in Namibia. IMDH will then conduct deep...
Miranda Gold Acquires Sediment-Hosted Gold Target Property
Miranda Gold Corp. has leased 76 unpatented lode claims in the Toiyabe Range in Lander County, Nevada, which collectively comprise the Big Blue project. The project covers approximately two square miles (5.2 sq. km) and is located approximately 13 miles (21 km) north of Austin, Nevada. Miranda’s interest was drawn to the area through a generative program evaluating a number of district-scale stream-sediment...
Minera Andes initiates exploration on 100%-owned targets in Argentina
Minera Andes Inc. announce exploration plans for two principal areas in Argentina. 1) Santa Cruz province where the Corporation’s San Jose mine is located and 2) San Juan province, site of the Corporation’s recent Los Azules copper discovery. The target in Santa Cruz province is high-grade epithermal gold-silver mineralization. In San Juan province porphyry-style copper mineralization is...
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...
Claude Resources Adds Second Drill Rig at Madsen, Red Lake
Claude Resources Inc., a gold exploration and mining company with an asset base located entirely in Canada announced that it will add a surface exploration rig at the Company’s Madsen property located at Red Lake, Ontario. Phase 1 of the underground 8 Zone program at Madsen, launched from the 10th level in December 2008, is targeting the plunge and strike extensions of the 8 Zone as well as...
Tethys Petroleum: Protocol Signed for Northern Tajikistan Areas
Tethys Petroleum Limited announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent (“POI”) with the Ministry of Energy and Industry concerning the negotiation of a Production Sharing Contract (“PSC”) for exploration and production in certain prospective areas in the north of the country. In the POI it is agreed...
TerraX Options Sunbeam-Pettigrew Gold Property, Atikokan Area, Northwest Ontario
TerraX Minerals Inc. has entered into an option to acquire a 100% interest in the Sunbeam-Pettigrew gold property in northwest Ontario. The property consists of 27 claims totalling 350 claim units (~55 km(2)) located 25 km northeast of the town of Atikokan, 180 km west of Thunder Bay and 15 km from Brett Resources’ Hammond Reef deposit, which contains a National Instrument 43-101 compliant resource...
Cameron Receives $100 Million Subsea Systems Order from BP
Cameron has received an order worth approximately $100 million for the supply of subsea production systems for BP subsea tieback projects in the Gulf of Mexico. The current scope includes four subsea trees, production control systems, a manifold, flowline connection systems, engineering and project management services and related equipment. Engineering work and procurement of materials began in the...
ION and PGS Sign Fleet-Wide Agreement for Orca
ION Geophysical Corporation announced that its Concept Systems software group has signed a five-year agreement with Petroleum Geo-Services (PGS), one of the leading geophysical companies in the world. The agreement, the largest ever for Concept Systems software, specifies that PGS will upgrade all existing 2D and 3D towed streamer vessels to Orca® command & control in a phased manner and that...
FMC Technologies Acquires Interest in Roxar ASA
FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital. Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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