Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the [...]
Pure Nickel Inc. announce that it has entered into an exploration and option agreement with ITOCHU Corporation, a multi-billion dollar Japanese conglomerate. The agreement provides ITOCHU with the right to earn up to a 75% interest in Pure Nickel’s 720-square-kilometre MAN Alaska property by investing up to $40 million in further exploration and development of [...]
Asian Mineral Resources Limited announced that it has adopted a corporate and operating strategy whereby:
- Most of the activity being undertaken at the Company’s Ban Phuc Nickel Project, with the objective of a spring 2009 start-up, will be suspended.
- The Project (including a recently completed vertical ore pass) will be placed on a care and [...]
Curtis, Mallet-Prevost, Colt & Mosle LLP represented KazMunayGas (KMG), the national oil company of Kazakhstan, in its successful negotiations with the North Caspian Sea consortium on the detailed agreements for the future development of the Kashagan field. The Kashagan field is reported to be the world’s largest oil discovery in at least three decades.
The North [...]
eMax Worldwide, Inc., previously named eMax Holdings Corporation, signed an investment agreement with Hubbard Iron and Metal Salvage to buy twenty five percent interest in all the operation business, assets and revenues and sales. eMax Worldwide will invest $1,000,000 to purchase twenty five percent interest in the company and eMax will pay the investment in [...]
VAALCO Energy, Inc. announced that Gregory R. Hullinger has been named Chief Financial Officer of the Company. Mr. Hullinger succeeds W. Russell Scheirman, who will continue as VAALCO’s President and will assume the additional position of Chief Operating Officer.
Mr. Hullinger, 55, joins VAALCO with more than 30 years of finance, accounting and tax experience at [...]
Johan Fant has, effective as of 8th January 2009, been appointed as the new Chief Financial Officer (CFO) of the Boliden Group.
“The appointment of Johan Fant gives Boliden a CFO with extensive and international experience of accountancy, controlling and finance. His knowledge within strategic and operative development will add an important new element to the [...]
GE Oil & Gas has expanded its PII Pipeline Solutions technical staff and engineering analysis services in Calgary on behalf of Canadian pipeline operators.
GE increased its pipeline data analysis department by 17 people in 2008 and its integrity engineering department to nine, full-time desk engineers, including a data software engineer to enable the newly enhanced [...]
Colorado Goldfields Inc. announces that Lee R. Rice has accepted the position of President and CEO of Colorado Goldfields. “We are thrilled that Mr. Rice has accepted this position. His broad background and leadership will propel us even faster toward the completion of our business plan,” said C. Stephen Guyer, Chief Financial Officer for Colorado [...]
Geovic Mining Corp. announced the appointment of Conrad B. Houser to the position of Senior Vice President, as well as President of Geovic Energy Co., a wholly-owned subsidiary.
Mr. Houser has more than 25 years experience in international mining activities, including project management, strategic planning, finance, administration, mine design, environmental permitting, compliance, and marketing. Additionally, as [...]
