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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

…  repairs are underway following a minor fire 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 following completion of planned maintenance. There were no injuries and the fire was …

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 company. The Company Profile is to be updated as all of management has changed. New …

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

…  which developed three gold mines in Australia. Compilation of the results from a field sampling program in 2007/2008 with data …  (see DFI press release dated November 8, 2007). The Company undertook an exploration program for gold in the 2008 dry season. A …

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.

…  Metals Inc. announced that it completed the acquisition of Norton Metal Products, Inc. on November 28, …  Metals is one of the largest metals distribution companies in North America. It carries on business in three distribution …  Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

…  30, 2008. The financial statements reflect that the inter-company advances between Royal Roads and Acadian Mining Corporation (”Acadian”) …  is due on November 30, 2009. Royal Roads is a resource company based in Halifax, Nova Scotia, Canada and is focused on exploring and …

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, …  that a focus on coal is a strong strategic move for the company. Coal reserves are expected to last for another 200 plus years at the …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

…  Corporation Ltd. reported that the company has filed and received a receipt for a final short form universal base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except in the …  Form F-10/A with the United States Securities and Exchange Commission. These filings allow the company to make public offerings in …

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

…  L’Industry et des Mines. After finding many points of common interest negotiations resumed on Nov 5th 2008 at the Societe Mauritanienne des Hydrocarbures, the government owned oil company known as SMH with General Manager Former Minister Mohamed Ould Bahiya, …

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

…  Shield Resources Corp. announced that the Company has extended the term of its Option on the James Township Morris …  As a result, the $10,000 cash payment and $200,000 work commitment to November 19th have been extended by one year to November 19, 2009. The SSR share option of 130,000 common shares due to the vendor will be granted immediately upon receipt of the …

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

Ecometals Limited is pleased to announce summary results of exploration programme …  new manganese JV in Brazil. Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant strike …  detail as part of the ongoing exploration program. The Company also entered into an exclusive option to purchase agreement with …

December 1st, 2008