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 [...]
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 [...]
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® [...]
North American Gem Inc. announce that the Company has received an additional 154 Coal Prospecting Permits from Saskatchewan Energy and Resources, near the most recent coal discovery by Goldsource Mines Inc.. This now brings the total to 223 Coal Prospecting Permits covering an area of 422,135 acres (200,832 hectares) that have been approved by Saskatchewan [...]
Geoinformatics Exploration Inc. announce that it has completed the private placement with Geologic Resource Partners LLC (”GRP”) raising gross proceeds of Cdn$29,328,000 by issuing 586,560,000 common shares at a price of $0.05 per common share. The proceeds from this financing are being used to (i) repay the convertible loan facility in the amount of US$20 [...]
Mainland Resources, Inc., a Nevada corporation reports that its JV Partner and operator has commenced drilling operations on the first JV well to evaluate potential of the Haynesville Shale gas formation on Mainland’s Louisiana leases.
Mainland Resources, Inc. holds interest in approximately 2,695 net acres, which form part of the East Holly Field in DeSoto Parish, [...]
Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering.
This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea
Current Environment - Key Points
- Crude oil prices [...]
After consideration and discussion with its geological consultants, Apex Geoscience, Chief Executive Officer Brett Rodli and the Board of Directors of Delta Mining and Exploration have agreed to move forward with the exploration of the Three Buttes kimberlite.
Three Buttes has been deemed a bonafide kimberlite, therefore Apex recommends a microdiamond analysis of the Three Buttes [...]
Silver Falcon Mining, Inc. details progress on the War Eagle Project. The entrance to the Belle Peck tunnel has now been protected by the installation of massive steel pipes which will allow easy vehicular entrance to the Belle Peck adit and permanent access to the Gold and Silver (Poorman) veins on the mountain. The adit [...]
Golden Phoenix Minerals, Inc. announced that the Company has initiated a comprehensive cost-cutting program designed to conserve operating cash reserves in the face of the current financial upheavals impacting the international business community.
Conservation measures include trimming the corporate staff, rescheduling non-essential projects, and voluntary deferral of salaries, including 100 percent deferral of salaries for corporate [...]
