Anglo American Plc , the world’s third biggest mining group, has joined the rush to discover new Philippine mines by seeking permits to explore in a dozen areas in the country, a source close to the firm said on Friday.
Anglo, which has a joint venture with local firm Philex Mining Corp. in the Boyongan copper [...]
Patch International Inc. is pleased to announce that it has commenced drilling on its recently acquired Dover Oil Sands Project and the Firebag Oil Sands Project near Ft. McMurray in northeast Alberta. Drilling contractor rig Tempco # 1 started January 21, 2006 on the first of a minimum 28 earning wells. Weather has been cooperative [...]
Castle Rock Petroleum Ltd. announces that Mr. David Bell, Vice President, Operations, has resigned effective immediately. The Board of Directors thanks Mr. Bell for his contribution to Castle Rock over the past two years and wishes him all the best in his future endeavours.
Castle Rock Petroleum Ltd. is engaged in the acquisition, exploration, development and [...]
Copper rose the most in two weeks in London and nickel traded at a record for a seventh day after China, the world’s largest consumer of industrial metals, said its economy expanded at the fastest pace in 11 years.
Gross domestic product in China expanded 10.4 percent in the fourth quarter from a year earlier, the [...]
The Philippines’ long dormant mining sector is on the verge of taking off, with five of the world’s largest firms joining the rush to dig the country’s untapped mineral wealth, a senior official said on Thursday.
Environment and Natural Resources Secretary Angelo Reyes said he expected a mining boom in the country in 2008, despite the [...]
Globex, Inc. announced that Management is currently in negotiations with prominent geologists in the Uranium Mining Industry to acquire a total of 200 claims in the Northern area of the Province of Quebec, Canada. The proposed agreement also involves the establishment of a Canadian Prospecting Subsidiary Corporation, which would allow Globex to benefit from the [...]
As an update to its press release of January 21, 2007, Bronco Energy Ltd. announces that it has executed a letter of intent with Indian Oil and Gas Canada (”IOGC”) providing for the issuance to Bronco of leases on Bigstone Cree Nation Reserves 166A and 166D at Wabasca, Alberta. The leases are currently being [...]
PAN AFRICAN MINING CORP. is pleased to announce that its international oil affiliate, ENERMAD CORP. (”EnerMad”), has received written notification from the Government of Madagascar that its bid for certain prime offshore oil and gas leases has been accepted for formal negotiations. Such negotiations are scheduled to commence in early February between senior management [...]
Valencia Ventures Inc. is pleased to advise shareholders and prospective investors that diamond drilling has been completed at its Cachinal Silver Project in Chile. The program was designed to confirm twin high grade silver intersections previously indicated by reverse circulation drilling. This additional data will assist with completion of the resource estimation and NI43-101 report [...]
Consolidated Abaddon Resources Inc. and Triex Minerals Corporation are pleased to announce that alteration and geochemical anomalies are confirmed by the recently completed, first pass drill program on the Mann Lake uranium property, eastern Athabasca Basin, Saskatchewan. The hunt is now on, and follow-up drilling is planned for 2007.
Eastern Athabasca Basin Claims Map: [...]
