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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High Probability of Potash-Bearing Beds Underlying the Eyehill Creek Property

Canasia Industries Corporation has engaged Boyd PetroSearch of Calgary, Alberta for the analysis of the pre-existing seismic data on lands presently within the Eyehill Creek Property. Boyd PetroSearch is a national leader in seismic analysis, specializing in mapping potash zones for risk analysis and mine planning. The interpretation of the data is expected to be completed in the Second Quarter of... 

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Claude Resources Announces Agreement To Sell Certain Oil and Natural Gas Assets

Claude Resources Inc. announces that it has entered into a Purchase and Sale Agreement with a private Canadian corporation, pursuant to which the Purchaser has agreed to purchase a majority of the oil and natural gas assets owned by Claude. If all of the assets subject to the Purchase and Sale Agreement are ultimately sold to the Purchaser, the purchase price will be $19.4 million. Closing of the transaction... 

Waratah Announces Exploration Target in the Range 205 to 415 Billion Tonnes of Coal at Its Galilee Basin Project

Waratah Coal Inc announce a coal exploration target of 205 – 415 Billion tonnes in its Galilee Basin tenements and tenement applications. The exploration target has been declared following a broader tenement study using current and historical data. This data includes exploration drilling from the known resources previously declared by Waratah and others. Additionally it draws on petroleum well... 

Dubai World forms Dubai Natural Resources World

In response to tremendous growth opportunities in global natural resources business sector, Dubai World today announced the formation of a new business unit, Dubai Natural Resources World, designed to explore new long-term investment avenues, while contributing positively towards sustainable development. Dubai Natural Resources World will drive the growth of the Group’s interests across the entire... 

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Colorado Goldfields Inc. Announces Lee R. Rice as President and CEO

Colorado Goldfields Inc. announces that Lee R. Rice has accepted the position of President and CEO of Colorado Goldfields. “We are thrilled that Mr. Rice has accepted this position. His broad background and leadership will propel us even faster toward the completion of our business plan,” said C. Stephen Guyer, Chief Financial Officer for Colorado Goldfields. Mr. Rice is currently a member of the... 

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GeoMet Wins Pipeline Dispute in Virginia Supreme Court Ruling

GeoMet, Inc. announced that the Virginia Supreme Court unanimously ruled in its favor in the pipeline right of way dispute between the Company and CNX Gas Company LLC . The opinion issued this morning reversed the interlocutory order issued May 23, 2007 by the Circuit Court of Buchanan County, Virginia and held that a lease between CNX and Pocahontas Mining Limited Liability Company did not grant... 

Chevron Mining agrees to sell Mountain Pass rare earth mining operations

Chevron Mining Inc. today announced that it has entered into an agreement to sell its Mountain Pass rare earth mining operations to Rare Earth Acquisitions LLC. The transaction is expected to close in late September, 2008. REA is a special purpose company owned by Resource Capital Funds, Pegasus Partners IV, LP, The Goldman Sachs Group, Inc., Traxys North America LLC and Carint Group LLC. Included... 

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Escala Mine Exploration Continues to Reveal Potential Significant Increases in Extractable Mineralization

Franklin Mining, Inc. Chairman and CEO William Petty confirms that Howard Dunn, PE, Vice President of Operations for International Mining, and Milton Flores, Staff Geologist, Franklin Mining, Bolivia, continue expanding their primary exploration at the Escala Mine. Mr. Dunn and Mr. Flores recently completed a week of field mapping and sampling with surface chip samples to verify earlier sampling and... 

Fluor Expands Operations; Opens New Alaska Office

Fluor Corporation announced today the opening of its Alaska office in Anchorage to support projects in the region. An initial staff of 50 employees, backed by Fluor’s global workforce, will perform engineering, procurement, construction and maintenance services for the oil and gas, mining, and government sectors. The office will be located at 3800 Centerpoint Drive, Suite 200 in midtown Anchorage. The... 

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