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Random News from Mining Top News

Canada Doubles Wind Energy Projects From 2005

Wind farm construction in Canada doubled in 2006 from a year ago, enabling it to power 370,000 homes with the renewable energy, Canadian Wind Energy Association President Robert Hornung said Monday.
“We project that Canada will end the year with more than 700 MW of new wind energy projects installed,” Hornung said.
More than 500 MW of [...]

Aspire Appointed a Group of Mining Professionals for Site Survey

Aspire International Inc.’s wholly owned subsidiary, Aspire GuangXi Inc., announced that the Company has hired a group of mining experts to do a site survey on the GuangXi FangCheng Pingwang Nawang Manganese mining property.
The GuangXi FangCheng Pingwang Nawang Manganese mining property currently has a mining area of 21.3 KM(2) with daily production capacity of 100 [...]

Petroleum Traders Corporation Company Profile

Petroleum Traders Corporation barters with fuel. The company provides wholesale gasoline, diesel fuel, and heating oil to fuel distributors, government agencies, and other large consumers of fuel such as businesses with vehicle fleets. The largest pure wholesale fuel distributor in the country, Petroleum Traders operates and trades in more than 30 US states. It supplies [...]

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Fission Energy Corp. Promotes Ross McElroy to President and Chief Operating Officer

FISSION ENERGY CORP. announce that Ross McElroy, currently Vice-President of Exploration, has been promoted to President and Chief Operating Officer. Mr. McElroy has over 20 years professional experience in the mining industry, which include previous positions with BHP Billiton Diamonds, Cogema Canada (now AREVA), and Cameco, where he was a member of the early [...]

Redcorp Executes Definitive Agreement With Gold Wheaton Gold Corp.

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd., are pleased to announce that the Company has executed the definitive agreement governing the gold sale transaction between the Company and Gold Wheaton Gold Corp. previously announced on June 12, 2008.
The agreement provides for total upfront payment of US$90 million to the Company in return [...]

Katanga Announces Termination of Remaining Relationship Agreements

Katanga Mining Limited a company operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt announced that the remaining relationship agreements that certain of Katanga’s major shareholders, including Glencore Finance (Bermuda) Limited, RP Explorer Master Fund, Cosaf Limited and Ruwenzori Limited, separately entered into with Katanga on January 21, [...]

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Steinmeier urges multi-national uranium enrichment facility

German Foreign Minister Frank-Walter Steinmeier has called for setting up a multi-national uranium enrichment facility under UN supervision in a bid to prevent future nuclear disputes like the ongoing one over Iran, the business daily Handelsblatt reported Monday.
“A multilaterization of the nuclear cycle is necessary in order to avoid similar developments in newly industrializing countries [...]

Aussie company has big plans for pit mine, but no guarantees

MOOSE RIVER GOLD MINES – Wally Bucknell seems oblivious to the blackflies gnawing at his left ear.
It could be that the affable Aussie has more pressing matters on his mind than the loss of a little blood.
After all, to get his company’s proposed Moose River gold mine open by 2008, he has to complete a [...]

Acadian Mining Corporation announces acquisition of interest in Fifteen Mile Stream gold property

Acadian Mining Corporation (TSX: ADA; “Acadian” or the “Corporation”) announced today that it has acquired 50% of the outstanding shares (“Shares”) of 6179053 Canada Inc. (“6179053″) as well as a shareholder’s loan in the amount of $68,745 for an aggregate purchase price of $1,068,745. 6179053’s only asset is the Fifteen Mile Stream gold property comprising [...]

African Gold Group, Inc. Private Placement of Up to 2 Million Units

African Gold Group, Inc., announce that it has completed a non-brokered private placement for 322,600 units in the capital of AGG at $0.50 per Unit for gross proceeds of $161,300.00 to AGG. Each Unit is comprised of one common share of the Company and one-half of one warrant of the Company. Each whole warrant entitles [...]