Tao Minerals, Ltd. report that it has received a tranche of $100,000 from a $500,000 financing agreement previously announced in a news release dated June 5, 2008. This $100,000 constitutes the final payment from the lender under the agreement and satisfies the lender’s commitment to Tao under that contract. Tao will utilize funds from this [...]
Vena Resources Inc. provide shareholders with an overview of its exploration and development strategy during these times of world-wide economic concern.
Vena’s current cash position, including committed investments from our partners Cameco and Glencore is close to $9 million dollars. As it is currently unknown when the global economy will rebound, Vena has taken steps to [...]
Richmont Mines Inc. a gold exploration, development and production company with operations in North America, today announced that it has completed diamond drilling activities from drill station # 5 at the past-producing Golden Wonder Mine near Lake City, Colorado. A total of 16 holes were completed by Richmont Mines in 2008 for a total of [...]
Boliden Odda AS and Norwegian power company Statkraft have entered into agreements for the supply of electricity for the periods 2009-2020 and 2021-2030. The total quantity of electricity supplied under both contracts amounts to 900 GWh/year.
“The agreements ensure Boliden’s access to a dependable and long-term supply of electricity, at predictab
le prices, for the Odda zinc [...]
Rio Tinto is to invest an additional US$300 million in the modernisation of the Kitimat aluminium smelter in British Columbia, Canada, bringing the current project funding total to over US$500 million.
“The Kitimat Modernisation Project leverages two of our greatest competitive advantages - clean, self-generated hydropower and internationally renowned AP smelting technology. This investment continues construction [...]
Zcom Networks, Inc. announced that company management will visit the company’s 160 acre precious metals mine CLS#12 in Ridgecrest, California later this week. Management has also scheduled meetings with a team of geologists, mine engineers, and analysts to examine existing data and formulate a course of action for the installation and execution of preliminary extractions [...]
The Svea Court of Appeal has declared that the previous decision, made by the local Commercial Court in Seville, regarding provisional attachment to a value of EUR 141 million on assets belonging to Boliden, is enforceable in Sweden. The enforcement can only take place if the other party first provides Boliden with a security to [...]
Hatch Ltd. has been awarded the Project Management Institute (PMI) Project of the Year Award for its expansion of Quebec Iron and Titanium’s (QIT) Upgraded Slag (UGS) plant in Sorel-Tracy, Quebec, Canada. Hatch’s project was selected from a host of successfully completed projects from around the world. This award, presented on 18 October at PMI® [...]
DIAGNOS inc., a leader in the use of artificial intelligence (”AI”) and advanced knowledge extraction techniques, announced today the signing of an agreement with Diamond Frank Inc, a Canadian mining exploration company, optioning 100% interest in its K6 project situated in the Otish Mountains.
Diamond Frank will pay exploration fees to DIAGNOS, a cash amount of [...]
Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies.
“E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing [...]
