Wits Basin Precious Minerals Inc. announced today that London Mining Plc and Wits Basin have entered into definitive terms for the formation and operation of a 50/50 joint venture company which will own all the issued shares in China Global Mining Resources Ltd. (“CGMR”). CGMR, currently a wholly-owned subsidiary of Wits Basin, holds the rights [...]
GobiMin Inc. announce that it has entered into two revocable framework agreements with Xinjiang Xinxin Mining Industry Co., Ltd. to dispose of its three nickel-copper mining properties, namely Yellow Mountain East, Xiangshan and Yellow Mountain, in Hami, Xinjiang Uygur Autonomous Region of the People’s Republic of China. The proposed transaction will be facilitated through the [...]
ShengdaTech, Inc. a leading manufacturer of nano precipitated calcium carbonate (NPCC) in the People’s Republic of China (PRC) and a major manufacturer of coal-based chemical products in Tai’an City, Shandong Province, PRC, today announced that the Company expects to close the acquisition of Jinan Fertilizer Co., Ltd., before the local government’s mandated closing of [...]
Silvercorp Metals Inc. held its Annual General Meeting on September 26, 2008. All matters placed before the shareholders were approved, including the adoption of the proposed shareholder rights plan.
The voting report of the Annual Meeting is available for review on the SEDAR system.
Silvercorp Metals Inc., China’s largest primary silver producer, is engaged in the acquisition, [...]
PetroChina, China’s second largest petroleum retailer with more than 18,000 stations across the country, has selected the retail division of New York-based CBX to develop a brand strategy and new prototype for its fuel and convenience store operation.
Banking on CBX’s global expertise in the petroleum and convenience retail sector, PetroChina’s new store prototype will bring [...]
Wits Basin Precious Minerals Inc. announced that London Mining Plc, a leading international mining and development company for the steel industry, has agreed in principle, subject to due diligence and finalization of definitive documentation, to become a 50/50 joint venture partner for the Company’s iron ore project located near Maanshan, Anhui Province in the People’s [...]
Wits Basin Precious Minerals Inc. announce the signing of purchase contracts for the acquisition of a producing iron ore mine, a separate, nearby drill-indicated iron ore resource, and a processing plant located near Maanshan, Anhui Province in the People’s Republic of China.
The producing mine and the drill-indicated resource total more than 94 million tonnes of [...]
Silvercorp Metals Inc. provided an update on power supply issues in China. Due to inadequate power coal supply nation wide, and due to measures to insure power supply to the Beijing Olympic Games and to residential consumers during the Olympic Games, governmental rationing has been imposed for industrial usage. As a result, Silvercorp’s mining operations [...]
Pacific Asia Petroleum, Inc is reported to have announced today it has appointed James F. Link, to its Board of Directors, effective July 22, 2008. Mr. Link was the former Treasurer and Vice President of Finance and Risk Management of Texaco Inc. (now Chevron Corporation).
Frank C. Ingriselli, Pacific Asia Petroleum, Inc. President and CEO, said [...]
Tiomin Resources Inc. is pleased to announce that it has signed a Memorandum of Understanding (’MOU’) with Jinchuan Group Limited (’Jinchuan’) of the People’s Republic of China for Jinchuan to invest US$25 million directly into Tiomin Kenya Limited (’TKL’), a wholly owned subsidiary of Tiomin that owns 100% of the Kwale Mineral Sands Project (”Kwale” [...]
