IFC, a member of the World Bank Group, has disbursed a $15 million loan to BPZ Exploración y Producción SRL, supporting a growing Latin American oil and gas company in making use of Peru’s natural resources during a time of tight credit markets.
BPZ Exploración y Producción is a Peruvian subsidiary of BPZ Resources, Inc. As [...]
Constitution Mining Corp. announces the appointment of Dr. Michael Stocker to serve as the company’s Chairman of the Board.
The Board of Directors appointed Dr. Michael Stocker to serve as a member and Chairman of the board of directors. Dr. Stocker replaces Patrick Gorman as Chairman of the board of directors and Mr. Gorman will continue [...]
Uranium Hunter Corporation announce that it has hired Gary W. Reid as US investor relations counsel. Mr. Reid is based out of South Carolina and has many years of investor relations experience with Public companies. Mr. Reid assists companies with investor relations strategies by introducing them to the investment community at large and building and [...]
Uranium Hunter Corporation announce a Geiger-counter reading of 1253 cps at Ruhuhu Target 4, the highest single reading thus far. The reading, taken as part of the traversing phase of the ongoing advanced field program, was recorded 145 m due east from the base line of the trend anomaly.
This reading serves as the latest mark [...]
Lundin Mining Corporation is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. (”Freeport”). Upon completion of this first phase of Tenke development, the [...]
Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (”NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium [...]
La Cortez Energy, Inc. is pleased to announce the appointment of Mr. Jaime Ruiz Llano to the Company’s Board of Directors.
Jaime Ruiz Llano has been involved in government affairs in Colombia for the past 20 years. Mr. Ruiz has held various high level government positions throughout his career. In 1991, Mr. Ruiz was elected as [...]
Egypt’s Orascom Construction Industries signed an EGP 604 million (US$ 109 million) contract with the New and Renewable Energy Authority (NREA), a subsidiary of the Egyptian Ministry of Electricity, for the construction of new 62MW Integrated Solar Combined Cycle Power (ISCC) Plant in Kuraymat, Egypt.
The scope of work under the contract includes all civil work [...]
In a joint initiative with the World Wildlife Fund for Nature, Eskom has committed R3m per year for three years in renewable energy research in order to promote local development and uptake of renewable energy in South Africa.
The initiative will be jointly administered by Eskom and the World Wildlife Fund for Nature SA (WWF-SA). An [...]
Magnus International Resources (”Magnus”) “the Companyâ€)
NASD OTC-BB: ‘MGNU’) announced today that it has entered into a letter of intent to acquire
African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in
four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its
mineral portfolio into Africa, [...]
