Kalimantan Gold Corporation Limited has signed an Option Agreement with PT Indobara Pratama to bring the coal deposit on IBP’s 100%-owned coal KP into production and acquire up to an 80% interest in IBP. The project is permitted for production and the potential to be an open cut coal deposit. The work done on [...]
The American Energy Group, Ltd. announced that Hycarbex-American Energy, Inc. has updated its scheduling for the construction of its surface treatment facility for its Haseeb #1 Well and for its new exploratory well on Yasin Block (2768-7). The American Energy Group, Ltd. owns an 18% gross royalty in the Yasin Block (2768-7) Concession, including the [...]
Biofriendly Corporation announced today that the U.S. Environmental Protection Agency (EPA) approved new product registrations for its Green Plus® liquid combustion catalyst after an exhaustive two year review. Green Plus is a breakthrough technology that improves fuel combustion, thus reducing harmful emissions and improving fuel efficiency.
Biofriendly Chairman and Chief Executive Officer Robert W. Carroll acknowledged [...]
Elray Resources, Inc., a technically-driven gold and precious metal mineral exploration company that recently entered into a joint venture to develop a zircon sands deposit in Indonesia, is pleased to provide shareholders with the following background information on the global zircon market, which looks set for ongoing growth.
Zircon is a highly valuable mineral used in [...]
Diadem Resources Ltd. announce that it has entered into an agreement to retain Wakabayashi Fund LLC of Tokyo, Japan to assist Diadem in structuring and arranging one or more financings over a six month period. This will provide the Company with funding for general corporate purposes and to carry out a drilling program at its [...]
Elray Resources, Inc., a technically-driven mining and exploration company, is pleased to provide information to its shareholders on the Cambodian Gold Mining Industry.
The gold mining industry within Cambodia is currently in a state of growth and although considered small-scale by international standards, the scale and extent of operations is increasing. Sector expansion has been characterized [...]
Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million [...]
Newmont Mining Corporation announced the selection of Brian Hill as Executive Vice President, Operations and other executive management appointments, effective October 1, 2008.
Richard O’Brien, Newmont’s President and CEO, said, “Our Executive Leadership Team is now established and well positioned to drive further improvement in our operational and project execution. As we continue to develop our [...]
Erdene Resource Development Corp., a diversified resource company, today provided a progress update on the Company’s wholly owned Zuun Mod molybdenum project in Mongolia. Extensive metallurgical, engineering and design work, as well as additional drilling, have been underway since the release of a resource estimate in May 2008.
“Our progress has proven Zuun Mod to be [...]
Argentex Mining Corporation report on the positive progress made in advancing its flagship polymetallic Pinguino project and to provide a summary of its initial plans for the 2008-2009 exploration season.
During this field season, Argentex completed the largest diamond drilling program in the history of its Pinguino project, testing 15 different mineralized vein systems for a [...]
