United Uranium Corp. were advised today by the Registrar of the Saskatchewan Court of Appeal that the appeal taken by Shore Gold Inc. (SGF.T) (”Shore”) from the decision of the Saskatchewan Court of Queen’s Bench granting the Companies the right to record Mineral Dispositions in the Fort a la Corne area was dismissed.
In the March [...]
Golden Share Mining Corporation is pleased to provide an update on its on-going exploration programs.
The Company is advancing four projects and intends to execute three drill programs before the end of the year. Golden Share is sufficiently funded to achieve this objective and adequate field personnel are available. A diamond drilling contract has been awarded [...]
The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange, announced that its wholly owned subsidiary, TAQA Bratani Limited (TAQA Bratani), has signed a sale and purchase agreement with Shell U.K. Limited and Esso Exploration and Production (UK) Limited (’the Vendors’) to purchase the equity pertaining to [...]
State-owned Saudi Arabian Mining Company (Maaden) yesterday launched an initial public offering to raise 9.25 billion riyals ($2.47bn) in the Middle East’s biggest mining IPO, valuing the firm at $4.9bn.
Maaden plans to sell 462.5 million of stock - equivalent to 50 per cent of its share capital - at 20 riyals each with subscriptions closing [...]
Atwood Oceanics, Inc. (Houston based International Offshore Drilling Contractor) (NYSE: ATW) announced today that its wholly-owned subsidiary, Atwood Oceanics Pacific Limited, conditionally exercised an option to construct an ultra-deepwater semisubmersible drilling rig to be built based on the Friede & Goldman Ex-D Millennium Dynamically Positioned Semisubmersible rig design with Jurong Shipyard Pte. Ltd. (”Jurong”) in [...]
Hecla Mining Company has approved a revision to its agreement with Rusoro Mining Ltd. (Rusoro) to extend the date to July 8, 2008, for closing the transaction to sell its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro for $25 million. The sale agreement was previously announced on June 19, 2008, [...]
AmMex Gold Mining Corp. announced that it has decided not to proceed with the acquisition of 100% of the mining rights to the Cold Creek Gold Project, located in Cassia County, Idaho, near the Utah-Nevada border.
Management and the Board of Directors concluded that the Cold Creek property, while being a property of merit, does not [...]
Pan African Mining Corp. announce the closing today of the Plan of Arrangement and related transactions contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008, among Asia Thai Mining Co., Ltd., 0819615 B.C. Ltd., the Company and African Queen Mines Ltd., a newly formed subsidiary of the Company. A Final [...]
Capital Mining announced processing of three large gravel samples from the Shiralee alluvial gold prospect, one of several such prospects within Exploration Licence 5654 (Craigie Project), has been successfully. The Directors announced that encouraging gold grades of up to 1615 milligrams per bank cubic metre have been recorded from pit 08CRT2. Two parcels of material [...]
Range River Gold announced that it has agreed in principle terms for Northwest Nonferrous International Investment a 100% owned subsidiary of the Northwest Mining and Geological Exploration Bureau for Nonferrous Metals (NWME) to earn-in to the company’s Indee Project in Western Australia. The company and NWME have also agreed in principle terms for co-operation on [...]
