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Random News from Mining Top News

Suncor Energy reports repair work underway at oil sands upgrader

Suncor Energy reports repair work underway at oil sands upgrader

…  at one of the company’s two oil sands upgraders north of Fort McMurray. The fire occurred November 26 during start-up of a vacuum unit …  was extinguished within minutes. Repairs are targeted for completion in the next three to four weeks. With upgrader 2 expected to …

December 2nd, 2008

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. Announces Corporate Restructuring

…  Mining Resources, Inc. announced the completion of the restructure of the …  has changed. New directors have been appointed. U Mining Resources, Inc. has also announced that it has elected Mr. Rejean Morin …  and finalizing the negotiations concerning the gold mining and development contract in Guinea, Africa. Additional members of the …

December 2nd, 2008

Diamond Fields Moves Forward with Liberia Gold Project and Acquires Bonaparte Diamond Mine NL’s Interests in DFI’s Namibian Concessions

Diamond Fields Moves Forward with Liberia Gold Project and Acquires Bonaparte Diamond Mine NL’s Interests in DFI’s Namibian Concessions

…  In the first phase, Silverhill will invest US$400,000 for 20% of DFI’s interest in the project. In the second phase, Silverhill has …  Mr. Stanley has been involved in a number of successful mining projects, the most recent being Equigold NL (”Equigold”), which …

December 2nd, 2008

Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.

Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.

…  stock of Norton, a U.S. metals service center located in Fort Worth, Texas. Russel Metals is one of the largest metals distribution …  under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

…  financial statements and management discussion analysis for the nine months ended September 30, 2008. The financial statements reflect …  the inter-company advances between Royal Roads and Acadian Mining Corporation (”Acadian”) (ADA-TSX) and a wholly-owned subsidiary of …

December 2nd, 2008

Whitewater Mining Corporation Signs Letter of Intent for Coal Mining Concession in Colombia

Whitewater Mining Corporation Signs Letter of Intent for Coal Mining Concession in Colombia

…  Mining Corporation, a junior exploration company who is acquiring and developing mining concessions in Latin America, has just signed a Letter of Intent for a 10,000 hectare thermic coal mining concession in Valledupar, Cesar in …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

…  reported that the company has filed and received a receipt for a final short form universal base shelf prospectus with the Securities …  capital expenditures and development at the Dolores Mine, exploration activities, potential future acquisitions and for general corporate …

December 2nd, 2008

Petrolium Oil Alliance Inc. Enters Into Negotiations in the Islamic Republic of Mauritania

Petrolium Oil Alliance Inc. Enters Into Negotiations in the Islamic Republic of Mauritania

…  Oil Alliance Inc. and its U.S. subsidiary PetrOil Inc., formerly CybeRecord, Inc., have entered into negotiations with the Islamic …  Elyass the Le Secretaire General. At this meeting various forms of Petrolium Oil Alliance Inc. participation were discussed and existing …

December 1st, 2008

Silver Shield Resources Extends Option on James Township Morris Property by 1 Year

Silver Shield Resources Extends Option on James Township Morris Property by 1 Year

…  projects that are in advanced stages beyond grassroots exploration, with the potential to be developed into producing properties. The …  more gratified to have arranged the extension as a win-win for both parties during undeniably difficult financial conditions. As …

December 1st, 2008

Ecometals Reports Summary of 2008 Exploration Results, Brazil Iron Projects and a New Manganese JV

Ecometals Reports Summary of 2008 Exploration Results, Brazil Iron Projects and a New Manganese JV

…  significant strike extension of the strongly magnetic iron formations. The original Matapi Central occurrence, which was previously …  of primary material and gangue. The economics of iron mining in the Matapi area are significantly enhanced by the proximity to both …

December 1st, 2008