Unico, Inc. Announces the Addition of a New Photo Gallery Showing the USGS Field Trip to the Deer Trail Mine

Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery on the company’s corporate website, www.unicomining.com, showing the company and its wholly owned Deer Trail Mining Company subsidiary hosting the recent United States Geological Survey (USGS) 2008 Marysvale District Field Trip at the Deer Trail Mine property. The... 

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Unico, Inc. and Its Deer Trail Mining Company Subsidiary Host USGS Field Trip

Unico, Incorporated, a natural resource company in the precious metals mining sector, announced that the company and its wholly owned Deer Trail Mining Company subsidiary hosted the recent United States Geological Survey (USGS) 2008 Marysvale District Field Trip at the Deer Trail Mine property. According to a report submitted by Deer Trail Mining Company Chief Geologist L. Alex Scarbrough, Jr., the... 

Geovic Mining Appoints Conrad Houser as President of Geovic Energy

Geovic Mining Corp. announced the appointment of Conrad B. Houser to the position of Senior Vice President, as well as President of Geovic Energy Co., a wholly-owned subsidiary. Mr. Houser has more than 25 years experience in international mining activities, including project management, strategic planning, finance, administration, mine design, environmental permitting, compliance, and marketing. Additionally,... 

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PotashCorp Announces Strike by Unionized Workers at Allan, Cory and Patience Lake

Potash Corporation of Saskatchewan Inc. (PotashCorp) announced that unionized employees at its Allan Division, Cory Division and Patience Lake Division potash operations commenced strike action, effective 5:30 p.m. (CST) today. The 487 striking employees are members of United Steelworkers’ (USW) Local 7689 at Allan, USW Local 7458 at Cory and USW Local 189 at Patience Lake and are responsible... 

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Maaden launches biggest mining IPO

State-owned Saudi Arabian Mining Company (Maaden) yesterday launched an initial public offering to raise 9.25 billion riyals ($2.47bn) in the Middle East’s biggest mining IPO, valuing the firm at $4.9bn. Maaden plans to sell 462.5 million of stock – equivalent to 50 per cent of its share capital – at 20 riyals each with subscriptions closing on July 14, according to the bourse regulator,... 

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Uganda: Among Top Mineral-Rich Nations

UGANDA is endowed with over 50 minerals, ranking it among the countries in Africa with the biggest number of minerals, the assistant commissioner in charge of geology has said. “Uganda’s metallic and non-metallic minerals are over 50 in number. But there are many unknown minerals whose existence shall be made known after completion of the two ongoing airborne geo-physical surveys, covering... 

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Alcan and Ma’aden Sign Heads of Agreement for Proposed US$7 Billion ‘Mine-to-Metal’ Joint Venture

Alcan announced that it has signed a Heads of Agreement with Saudi Arabian mining company Ma’aden to develop a proposed US$7-billion integrated aluminum “mine-to-metal” project including bauxite mining, alumina refining, power generation and aluminum smelting. Alcan would hold a 49-percent stake in the project and would provide technology and operating management support, with Ma’aden... 

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Agrium to Adjust Carrying Cost of Its Canadian Phosphate Operations

Agrium Inc. announced today it expects to adjust the carrying cost of its Kapuskasing phosphate rock mine and associated Redwater phosphate facility resulting in a non-cash, after tax charge of approximately $100-million in the Corporation’s fourth quarter financial results. Recent quality issues with the rock from our Kapuskasing phosphate mine resulted in a comprehensive drilling program as... 

Lee one-sided on mining, firm says

A company planning to operate a phosphate mine in Hardee County says Lee County officials have heard only part of the story in opposing the project. “None of the commissioners have ever contacted Mosaic,” said David Townsend, spokesman at Plymouth, Minn.-based Mosaic Co., which proposes to mine 4,197 acres of a 20,000-acre property known as the Ona mine. They only heard from one side. We... 

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Mine Plan Would Erase Wetlands: PCS Phosphate’s Proposal Threatens 2,500 Acres, the Most Ever in N.C

A massive Beaufort County strip-mining operation wants to expand its extraction of phosphate ore in one of the state’s most environmentally fragile areas. The proposal by PCS Phosphate, if approved, would represent the single largest destruction of wetlands permitted in the state — 2,500 acres including the headwaters of seven creeks near the Pamlico River. The rich deposit of black phosphate...