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Random News from Mining Top News

Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation

Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior Court of Justice (Commercial List) with respect to the Company’s previously announced Plan of Arrangement with Philex Mining Corporation (“PMC”) and PMC’s wholly-owned subsidiary, Philex Gold Holdings Inc. (“PGHI”) (see press release dated February 25, 2010).
Pursuant to the Plan of [...]

PotashCorp Announces Ratification of Labor Contracts at Cory, Allan and Patience Lake

Potash Corporation of Saskatchewan Inc. announced that employees represented by United Steelworkers’ (USW) Local 7689 at Allan, USW Local 7458 at Cory and USW Local 189 at Patience Lake, voted to ratify collective agreements tentatively agreed upon on November 7. The three-year agreements are retroactive to May 1, 2008.
The cost of the settlements does not [...]

Amec Berca Indonesia awarded contract for Total’s Tunu field

Amec Berca Indonesia (ABI), Amec’s Indonesian joint venture company with CCM Group, based in Jakarta, has won a US$1million oil and gas engineering design contract on Total E&P Indonesie’s Tunu Phase 11 development, Indonesia.
ABI will be responsible for detailed engineering work, including pre-engineering, survey, detailed engineering and final documentation for a new utility platform for [...]

Tag: amec berca co id

Weststar Announces Saskatchewan 18 Metre Coal Property Agreement Amended

Weststar Resources Corp. have executed an amendment agreement to the Acquisition Agreement dated June 19, 2008 with respect to the Saskatchewan Tobin Lake 18 metre Coal property.
Under the terms of the Amendment Agreement the Company will pay the Vendors a total of $1,150,000 over a 36 month period and also issue to the Vendors [...]

Talisman Buys Iraq Stakes

Canadian oil and gas producer Talisman Energy Inc. will buy stakes in two oil-drilling regions in Iraq’s Kurdistan region for more than $300 million.
The Calgary-based company will take a 40 percent stake in one of the production blocks, which it will share with WesternZagros Ltd. and the Kurdistan Regional Government. Costs for that block, including [...]

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Nitro Petroleum, Inc. Sells Interests in Corsicana, Texas

Nitro Petroleum, Inc. wishes to announce that the Company has sold its entire Working Interest ownership in Corsicana, Navarro County, Texas to JMT Resources Ltd.
This agreement is effective January 31st. 2007.
Nitro will continue with the working interests in numerous wells in the Barnett Shale properties located in Cooke County, Texas.
The Company will employ the proceeds [...]

Mineral rich states object to proposals on mining

Chief ministers of three mineral rich states Wednesday opposed recommendations of a central government committee on the country’s mining policy saying they were against the interest of their states.
Naveen Patnaik of Orissa, Raman Singh of Chhattisgarh and Madhu Koda of Jharkhand discussed various problems of their states at a conclave here, a top official of [...]

Coeur D’Alene Names Mitchell J. Krebs As New CFO; Current CFO to Resign March 21

Silver mining company Coeur d’Alene Mines Corp. said Tuesday it named Mitchell J. Krebs as chief financial officer.
Krebs, currently senior vice president for corporate development, will replace James A. Sabala, who will resign effective March 21 to pursue other opportunities, the company said.

Breakwater Sells Interest in Coulon JV Property to Virginia

Breakwater Resources Ltd. has entered into an agreement to sell its interest in the Coulon JV Property to Virginia Mines Inc. The Coulon JV Property, which the Company owns 50% of through a joint venture agreement with Virginia, is located in the James Bay region of Quebec.
Virginia will purchase the interest by issuing 1,666,666 common [...]

Titan Uranium partners with Japanese government corporation on Sask exploration

A Saskatchewan mineral exploration company and Japan’s government-owned natural resource corporation are teaming up to look for uranium in the Athabasca River basin.
Under the terms of an agreement signed Friday, Japan Oil, Gas and Metals National Corp. will invest $9 million in exploration projects managed by Saskatoon-based Titan Uranium Inc. (TSXV:TUE) over the next three [...]