Ecometals Limited is pleased to announce summary results of exploration programme on its iron projects and the start of a new manganese JV in Brazil.
Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant strike extension of the strongly magnetic iron formations. The original Matapi Central occurrence, which was previously drilled [...]
The Geological Products and Services division of TGS-NOPEC Geophysical Company (TGS) announced today that it has commenced a new multi-client interpretive study of offshore Brazil utilizing the company’s proprietary Facies Map Browser (FMB) application. The FMB allows explorationists to visualize the distribution of and relationship between the various elements of a petroleum system within a [...]
The Geological Products and Services division of TGS-NOPEC Geophysical Company (TGS) announced that it has commenced a new multi-client interpretive study of offshore Brazil utilizing the company’s proprietary Facies Map Browser (FMB) application. The FMB allows explorationists to visualize the distribution of and relationship between the various elements of a petroleum system within a depositional [...]
Mirabela Nickel Limited has signed an extension of its US$80 million bridge financing facility with Barclays and Credit Suisse. Once certain registration formalities and other conditions are complete, the term of the bridge facility will be extended to 30 June 2009.
As part of the financing package, 1,500,000 options will be issued to each Bank exercisable [...]
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 [...]
Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration.
ExxonMobil will become operator during the initial exploration phase and earn a [...]
Luna Gold Corp. announce the closing of a non-brokered private placement of 24,600,250 Units as announced on October 31, 2008, for gross proceeds of $2,460,025. Each Unit consists of one common share and one-half of one share purchase warrant and each whole warrant entitles the holder to purchase one common share at a price of [...]
Brownstone Ventures Inc. and its joint venture partner, Dejour Enterprises Ltd. announced they have signed a joint venture agreement with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (6,300 net to Brownstone) in an area at the northwest [...]
AVEVA, the leading supplier of engineering IT systems for the plant and marine industries, today announced further expansion into Latin America with the opening of AVEVA do Brasil in Rio de Janeiro. This office, the latest in AVEVA’s expanding global platform, will provide premium product solutions and support for its growing customer base in Brazil, [...]
The Timken Company announced that metals and mining company, Companhia Vale do Rio Doce (Vale), awarded Timken with a contract for 600 Timken® AP-2™ rail-car bearings. The bearings are for Vale’s Class K freight cars, which are used to transport iron ore from Vale’s mine sites across South America for export into China.
Designed to reduce [...]
