Aultra Gold Inc. announced that it has entered into a Memorandum of Understanding to merge with Dutch Gold Resources, Inc., a gold producer with a mine in Oregon.
Said Rauno Perttu, President of Aultra Gold, “We are excited with this merger, which will join us with the Dutch mining team and their Oregon mine and mill. [...]
Oriental Minerals Inc. is pleased to announce it has amended payment terms for the acquisition of the Sangdong tungsten-molybdenum project in South Korea. The Company has also secured a $3 million interim loan financing from Longview Capital Partners, its largest shareholder.
Payment terms for the current installment due for the Sangdong acquisition have been amended to [...]
Sterlite Industries (India) Limited (“Sterlite”), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC (“Asarco”), a Tucson based mining, smelting and refining company, announced today that they have signed a definitive agreement for the sale to Sterlite of substantially all the operating assets of Asarco for $2.6 [...]
Sky Petroleum, an oil and gas exploration company, announces that it has named Michael D. Noonan, Vice President, Corporate, and a current member of the Board of Directors, as the company’s Caretaker Chief Executive Officer, replacing Brent D. Kinney, effective immediately. Noonan will act as the Principal Executive Officer for the Company on an [...]
Arian Silver Corporation is pleased to announce the start of a 3,000 metre diamond drilling programme at the Tepal property, Michoacan state, Mexico.
The project was previously explored in the 1970’s and the early 1990’s by a number of companies including International Nickel Company of Canada Ltd (INCO), Teck Resources Inc (Teck) and Minera Hecla [...]
Expansion of Operations in Colombia Acquisition of Additional Gold Mining Operation
Cambridge Mineral Resources plc (“CMR†or the “Companyâ€), the mining exploration and production company focused on South America, is pleased to announce that it has signed an agreement with a Colombian company granting a three-month due diligence period to review a gold mining operation in [...]
Source Petroleum Inc. is pleased to announce the appointment of Tarik Elsaghir to its board of directors where Mr. Elsaghir will be playing a key role in corporate finance and development.
Tarik G. Elsaghir has over 10 years experience managing numerous multi-million dollar projects. He was recently Vice President within the Walton Group of Companies. [...]
EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]
Arch Coal Inc. said Thursday that Brian Jennings was elected to its board of directors effective immediately. He will serve on the board’s finance and audit committees.
Steven Leer, Arch Coal’s chairman and CEO, said in a statement, “Brian’s expertise in corporate finance for the global energy industry will be extremely valuable to the board and [...]
EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]
