Tri-Star Holdings, Inc. Announces Company Is in Negotiations With Azrock Mining of Arizona

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company is in negotiations with Azrock Mining of Arizona to establish operations at the company’s gold mine claims COS 1 and COS 2 in Salome, Arizona. Pending negotiations, Azrock is scheduled to begin operations on or about Monday, October 20. Azrock has inspected the property over the last two... 

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Tri-Star Holdings, Inc. Closes Acquisition of Arizona Gold Mines

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced today that it has signed definitive agreements acquiring two gold mines in the Salome valley, Arizona. Under the terms of the definitive agreement, the company has acquired 80.0% of the mineral rights of claims COS #1 & #2 in a $4,000,000 deal. The Salome Claims COS #1 & #2 are located adjacent... 

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NYMEX to Launch Domestic Hot Rolled Coil Steel Futures Contract

The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc., announced that it plans to introduce a futures contract based on prevailing market prices for hot-rolled steel coil in the U.S. Midwest region (U.S. Midwest domestic hot-rolled coil steel) early in the fourth quarter of 2008. The contract will be financially settled against an index developed by CRU Indices Ltd., a subsidiary... 

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GeoGRAFX GIS Services of Tucson, AZ, Announces the Relocation and Expansion of Their Arizona-Based Headquarters and Production Facilities to Serve the Mining Industry

More than quadrupling GeoGRAFX GIS Services’ office space, the new offices at Oracle Road and Prince Avenue contain on-site training rooms, specially designed to support the complex needs of today’s professionals in mineral exploration and mining. Founder and President Barbara Carroll notes, “Our new offices have been specifically designed to support best practices in GIS services... 

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Fraser Institute seeking responses to worldwide upstream petroleum survey

The Fraser Institute, Canada’s leading independent research organization, is soliciting responses to its first international upstream petroleum survey. Based on the popular Fraser Institute Survey of Mining Companies, the Worldwide Upstream Petroleum Survey is designed to help measure and rank the investment climate of various oil and gas producing regions. “The information we get from... 

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Canadian Mining Companies Lead the World in Key Disclosures: KPMG Survey

Canadian mining companies are leading the industry worldwide in certain areas of financial reporting, but the transition to International Financial Reporting Standards is an emerging challenge, according to a survey released by KPMG. The 2006 KPMG International report, entitled Global Mining Reporting Survey, found that Canada is ahead of the pack in disclosing reserve and resource information and... 

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Counties urge feds to study impacts of phosphate mining

Momentum is building in a push to convince the federal government to study the wide-ranging effects of phosphate mining for the first time in nearly 30 years. Sarasota, Charlotte and now Lee County have pledged $500,000 each toward a $4 million study that would look at the way multiple phosphate mines change the landscape and alter ground-water flow. Lee County’s pledge last week speaks to the... 

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Nickel merger is a mining disaster

What started last fall as a straightforward merger between Sudbury’s two long-time nickel producers threatens to become a sell-off to U.S. interests of a huge chunk of Canada’s mining industry ”” one of our few industries in which Canadians still call most of the shots. The proposed $40 billion (U.S.) mega-merger announced yesterday among the Canadian industrial icons Inco Ltd....