Copper Mountain Mining Corporation announce that the Company’s Board of Directors have authorized management to proceed with the development of the Copper Mountain Project subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work [...]
Coronation Minerals Inc. announces that due to current market conditions the Company is not proceeding with the acquisition of the Wellgreen Project from Northern Platinum.
The Company is maintaining the 100% owned Rory Claim consisting of 265 staked claims located contiguous and south of the Wellgreen leased ground. This group encompassed an airborne magnetic survey and [...]
Storm Cat Energy Corporation reported that it failed to make its required quarterly interest payment when due on September 30, 2008, and such failure has continued for a period of 30 days, with respect to its Series A and Series B Subordinated Convertible Notes each due March 31, 2012. The failure of Storm Cat to [...]
Petaquilla Copper Ltd. announced that it has mailed to shareholders and warrant holders and filed on the System for Electronic Document Analysis and Retrieval (SEDAR) a management information circular and related documents in connection with a special meeting of shareholders to be held on Wednesday, November 26, 2008.
The special meeting has been called to approve, [...]
DIOS EXPLORATION just received the first outcropping rock samples results from a two-day reconnaissance on its CHAT BRUN uranium property in the LaGuiche Basin, Quebec, Canada. Ten grab-samples from rock outcrops were collected by Dios geologists on their first visit of this new property. Two biotite-rich samples, located one kilometre apart, returned values of 710 [...]
Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redcorp Empreendimentos Mineiros Unipessoal Lda, announce a new concession agreement with the Portugal Government for the Lagoa Salgada project.
The new agreement, effective October 1, 2008, increases the concession area from 103 km2 to 208.4 km2 and reduces the minimum expenditures required to maintain the concession during the next [...]
Marathon Oil Corporation announced that its Board of Directors has sanctioned two Gulf of Mexico development projects, Droshky and Ozona. The Board approved a total project cost of $1.3 billion for the Droshky development and $300 million for the Ozona development.
“As we continue to strengthen Marathon’s Gulf of Mexico portfolio, the Droshky development will add [...]
Waratah Coal has been named Queensland Explorer of the Year at the Mining 2008 conference in Brisbane.
Waratah CEO and President Peter Lynch and Company Chairman Nick Mather accepted the award last night in Brisbane, from the Deputy Director General of the Queensland Department of Mines and Energy, Stuart Booker.
Figure 1: Mr Stuart Booker, Mr Peter [...]
Klondike Gold Corp. announce that it has entered into a contract to resume drilling on its 2007 Irishman hole in southeastern British Columbia. Black Hawk Drilling, based in Smithers, B.C. will extend the Irishman hole an estimated 200 meters to the projected depth of the Sullivan horizon.
The 2007 Irishman hole was stopped short of target [...]
Canadian Superior Energy Inc. announced that Canadian Superior, along with its partners, BG International Limited, a wholly owned subsidiary of the BG Group plc and Challenger Energy Corp. , have successfully run and cemented in place the 9-7/8″ intermediate casing string in the “Endeavour” well, to a depth of approximately 14,492 feet subsea, and that [...]
