Navasota Resources Ltd. is pleased to report that aircore drilling on the Telimele and Gaoual (”AMIG”) permits of its Koba Bauxite Project located in the Boke Bauxite Belt of northwestern Guinea, West Africa, continues to progress well.
As of May 29, 2008, a total of 28,722 metres in 1,630 drill holes have been completed on [...]
Paramount Gold and Silver Corp. has advanced the initial $500,000 pursuant to its strategic alliance with Mexoro Minerals. This initial advance is intended to fund Mexoro’s ongoing drill program. The secured convertible debenture bears interest at a rate of 8% per annum for a term of one year. Paramount will have the option to [...]
Paramount Gold and Silver Corp. is pleased to announce that it has signed a Letter of Intent to enter into a strategic alliance with Mexoro Minerals Ltd. The strategic alliance contemplates both companies combining their mining and exploration expertise including resources such as management, personnel, exploration equipment and mining concessions to maximize shareholder value [...]
March 26, 2008) - Red Hill Energy reported today that further to the December 21, 2007 news release, a National Instrument 43-101 report and assay results have been received by the company on its very significant Chandgana Khavtgai coal project. All three of Red Hill Energy’s coal resources are now National Instrument 43-101 compliant as [...]
Against a backdrop of rising iron ore prices, Brazilian steel producers should maintain high profit margins relative to their global peers during 2008, according to Fitch Ratings. Brazilian steel companies enjoy important competitive advantages, including modern production facilities, close proximity to sources of iron ore and a highly concentrated domestic market, which limits competition based [...]
Millstream Mines Ltd. is pleased to announce that at its Potter Mine Project in north eastern Ontario, a diamond drill hole, S-07-17 has intersected 15 metres of nickel bearing mineralization grading .16% nickel along with anomalous values of copper, zinc and cobalt. The mineralization is hosted in peridotite. The hole was targeted to test a [...]
Petroleum Geo-Services ASA (“PGS” or the “Company”) (NYSE:PGS - News) (OSE:PGS) held its Annual General Meeting on June 15, 2007 at the Company’s premises at Lysaker. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice, including the proposal in item 3 of a special dividend of NOK 10 per [...]
Energy industry executive Paul Prager and Natural Gas Partners (”NGP”), the leading investment franchise in the energy industry, today announced that they have entered into an agreement to acquire the domestic independent power production and power development business units of MDU Resources Group, Inc. in a transaction valued at $636 million. The business being [...]
Petroleum Geo-Services ASA will as previously announced release its 2007 first quarter financial results on Thursday, May 10, 2007 at approximately 8:00 am Central European Time (CET).
A presentation has been scheduled the same day at 9:00 am (CET) at PGS’ Headquarters at Lysaker, Norway. A webcast and conference call have been scheduled the [...]
GeoResources, Inc., announced the closing of the mergers (the Merger) with Southern Bay Oil & Gas L.P. and Chandler Energy, LLC, after receiving all required shareholder approvals.
The combined entity has assets in the Gulf Coast, Rocky Mountains and Williston Basin. In connection with the Merger, Southern Bay made capital contributions of approximately $19.4 million, with [...]
