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Random News from Mining Top News

Myanmar oil, gas sector absorbs fresh foreign involvement in year-open of 2007

A Chinese oil company signed contracts here Monday with the Myanmar Ministry of Energy on conducting crude oil and natural gas exploration at three deep-sea blocks off Myanmar’s western Rakhine coast, signifying a fresh foreign involvement in Myanmar in the sector in the year-open of 2007.
Under the production sharing contracts signed between the China National [...]

Mustang Builds Project Development Team

The Board of Directors of Mustang Minerals Corp. is pleased to announce the appointment of Ian Ward P.Eng as Senior Vice President of Mustang. Mr. Ward’s primary role, commencing in September 2008 will be to oversee the completion of a positive feasibility study for the Maskwa Nickel Project located near Lac du Bonnet Manitoba, and [...]

Tag: ian ward mustang, metallurgist ian ward, russian mining ward, mustang builds, ian ward metallurgist

Universal Stainless Bridgeville Facility Continues Operations

Universal Stainless & Alloy Products, Inc. reported that it has agreed with Local 9531 of the United Steelworkers to continue operations at the Company’s Bridgeville facility while negotiations of a mutually acceptable labor agreement continue. The previously announced continuance of the collective bargaining agreement covering the hourly employees at the facility expired on September 12.
The [...]

Oil prices steady

World oil prices have stabilized amid a broad recovery for commodities as economic concerns subsided over the threat of rising inflation, analysts said.
New York’s main contract, light sweet crude for delivery in July, added 20 cents to 69.70 dollars per barrel in electronic deals before the official opening of the US market.
In London, Brent North [...]

Silver Falcon Mining, Inc. (SFMI) Announces New Headquarters in New York City

Silver Falcon Mining, Inc. announces the opening of their new head office in Manhattan.
On October 1, 2008, Silver Falcon Mining, Inc. and GoldCorp Holdings Co. will open their new headquarters at 1385 Broadway Ave., Suite#1109, New York, NY 10018. This new Manhattan office is within walking distance of the world jewelry headquarters, and can be [...]

Azteca Announces First Closing of Private Placement

Matthew Russell, President of Azteca Gold Corp. wishes to provide an update on its current private placement.
Further to the Company’s March 11, 2009 press release, a total of 3,525,807 units were issued pursuant to a first closing on April 17, 2009, for total gross proceeds of CAD $705,161. Each unit consists of one common share [...]

Tag: azteca mining co

Marathon PGM to Trigger Bird River Joint Venture With $400,000 Payment to Gossan

Gossan Resources Limited has been advised by Marathon PGM Corporation (“Marathon”), that it has expended in excess of $3 million on the Bird River Project and that Marathon will trigger formation of a 50:50 joint venture on the Project by making a further $400,000 cash payment to Gossan.
Marathon also advised that it has acquired the [...]

Magnum D’Or Resources, Inc. Releases New Website

Magnum D’Or Resources, Inc. adds transparency for current and future shareholders by launching the company’s new website. The new site can be found at www.magnumresources.net
We have designed and launched our company’s website to more accurately inform the investing community about Magnum D’Or Resources and its proposed acquisition of Terra Elastomer Technologies S.L. (“Terra”). On our [...]

Newcrest Commences Drilling at Serengeti’s Croy Bloom/Davie Creek Property

Serengeti Resources Inc. reports that Newcrest Mining Limited has begun a four hole, 2,500 meter drill program on Serengeti’s Croy Bloom/Davie Creek property located in the Quesnel Trough of north-central British Columbia.
Earlier this year a Canadian subsidiary of Newcrest Mining Limited signed a binding Heads of Agreement whereby Newcrest may earn a 51% joint venture [...]

Gowest to Acquire New Texmont’s 50% Interest in Frankfield Project

Gowest Amalgamated Resources Ltd. announce that it has entered into a letter of intent with New Texmont Explorations Ltd. pursuant to which it will acquire New Texmont’s 50% interest in the Frankfield gold project as well as all of New Texmont’s additional land holdings in the Tully area bordering the Frankfield project. Following the completion [...]