Silver Dragon Resources Inc. announce that Gansu Shengda Group Ltd., a private Chinese conglomerate, has agreed to acquire 52% of the equity interests in Sanhe Sino-Top Resources & Technologies, Ltd. from Huaguan Industrial Corp., Silver Dragon’s state-owned Chinese joint venture partner.
Shengda and HIC have entered into an agreement whereby HIC will transfer 52% of its [...]

Cantex Mine Development Corp. announce that Vale International SA, a wholly-owned subsidiary of Companhia Vale do Rio Doce, has signed a letter agreement for the Company’s Suwar, Wadi Qutabah nickel, copper, cobalt and platinum group element projects in Yemen.
Vale’s minimum exploration commitment under the agreement is US $2 million to be spent prior to August [...]

“We have received many inquiries from shareholders and investors interested in our November 11, 2008 announcement of XRF analysis gold grades ranging from .28-3.39 oz/ton, and silver grades of 1.46 - 30.97 oz/ton. Shareholders and investors want to understand how our Mill facility relates to our recent gold and silver discovery announcements and the future [...]

Kinross Gold Corporation announced that it has entered into separate agreements with Teck Cominco Limited and certain subsidiaries of Anglo American plc pursuant to which Kinross will acquire a 100% interest in Minera Santa Rosa SCM for an aggregate purchase price of approximately US$250 million, plus a royalty. Minera owns 100% of the Lobo-Marte [...]

Inmet Mining Corporation announced that Teck Cominco Limited has elected to end its participation in the Petaquilla copper project.
As a result of Teck Cominco’s election, Inmet will acquire from Teck Cominco its 26 percent interest in Minera Panama, S.A. (MPSA), the Panamanian company that is the owner of the Petaquilla project. The purchase price of [...]

FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital.
Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the [...]

Beacon Redevelopment Industrial Corporation announced that it entered into negotiations to acquire a ten year lease with an option to purchase a riverfront property to form the company’s coal distribution center.
The location, totaling 8.4 acres, in Sewickley Township, Westmoreland County, Pennsylvania, is situated on the Youghiogheny River. A working railroad runs through the property, [...]

Superior Well Services, Inc. announced that it has closed its previously announced acquisition of certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company.
Superior acquired Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $225 million in total consideration, subject to certain post-closing adjustments. The acquisition consideration consisted [...]

Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC.
The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty.
The Nyac Gold Project consists of 57,600 [...]

Marathon Oil Corporation announced on Oct. 29, 2008, that the Company’s board of directors declared a dividend of 24 cents per share on Marathon Oil Corporation’s common stock. The dividend is payable Dec. 10, 2008 to stockholders of record Nov. 19, 2008.
In connection with Marathon’s acquisition of Western Oil Sands Inc. and the terms of [...]