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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

…  per day (bpd) in December. Repairs are not expected to impact Suncor’s budget estimate of 300,000 bpd in 2009. Year-to-date oil …

December 2nd, 2008

U Mining Resources, Inc. Announces Corporate Restructuring

U Mining Resources, Inc. Announces Corporate Restructuring

U 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 directors have been appointed. U Mining Resources, Inc. has also announced that it has electe …

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

…  being Equigold NL (”Equigold”), which developed three gold mines in Australia. Compilation of the results from a field sampling program …  2005 show the existence of near continuous anomalous gold mineralization over a strike length of 5.5 km and total surface area in excess …

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.

Russel Metals Inc. announced that it completed the acquisition of Norton Metal Products, Inc. on November 28, 2008. On November 10, 2008 Russel Metals announced that it had entered into a stock purchase agreement to acquire 100% of the outstanding capit …

December 2nd, 2008

Royal Roads receives security from Acadian Mining Corporation

Royal Roads receives security from Acadian Mining Corporation

…  totaling 33,700 hectares, including the historic Buchans mines, the Lundberg deposit in the Buchans camp and the Daniels Pond deposit in …  Buchans camp, including several under joint venture to Prominex Resource Corp. (PXR - TSX-V) and Playfair Mining Ltd. (PLY - TSX-V), …

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

…  are in close proximity to the operating and exploration mines of Rio Tinto Mining, Coal Corp, Rio Doce, Glencore, and …

December 2nd, 2008

Minefinders Files Final Base Shelf Prospectus

Minefinders Files Final Base Shelf Prospectus

Minefinders Corporation Ltd. reported that the company has filed and received a receipt …  or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an …  capital expenditures and development at the Dolores Mine, exploration activities, potential future acquisitions and for general …

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

…  the Geology Division of the Ministere de L’Industry et des Mines. After finding many points of common interest negotiations resumed on …  commercial ventures. Petrolium Oil Alliance Inc. is an IBC with its representation office in Dubai, U.A.E. specializing in oil …

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

Silver Shield Resources Corp. announced that the Company has extended the term of its Option on the James Township Morris Property in cooperation with the vendor. As a result, the $10,000 cash payment and $200,000 work commitment to November 19th have been …

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

…  has significantly extended the potential for similar type mineralization to a new area known as Matapi West. The characteristic strong …  widespread canga style of laterite & colluvial haematite mineralization which was not previously recognized. Canga mineralization forms …

December 1st, 2008