Bearclaw Capital Corp. announce the results of its summer 2008 exploration program on its Wakeham Basin and James Bay prospective uranium properties in Quebec. The programs were carried out under the supervision of some of the foremost specialists in Quebec uranium geology and exploration: Emilien Seguin, a director of Bearclaw, Benoit Magrina, Ramin Salkhi, and [...]

Technip has been awarded by Grupa Lotos a lumpsum contract, worth approximately €70 million, for the refinery in Gdansk, Poland.
The contract covers engineering and procurement services for a new solvent deasphalting* unit. The unit will have a feed capacity of 180 tons per hour.
Technip’s operating center in Rome, Italy, will execute the contract. This is [...]

InterOil Corporation, a Canadian company with operations in Papua New Guinea confirmed that it is on track to meet its projected earnings for the third quarter of 2008. The midstream refining and downstream distribution operations have continued to operate profitably and are in line with the Company’s profit expectations. “We will be filing our third [...]

Almaden Minerals Ltd. has received results from a 2008 winter exploration program on its 57.7% owned ATW diamond property located at Mackay Lake, NWT. The project is located proximal to a number of active diamond projects: The Diavik Mine lies about 18 miles north, the Snap Lake Project is about 42 miles southwest, and Mountain [...]

Channel Resources Ltd. reports that, based on target area dimensions and trends outlined by airborne magnetic and spectrometer survey data, the Company has extended the West Bienville Uranium Project license area in northern Quebec from 220 claims (108.2 km2) to 288 claims (141.7 km2). The south-easterly extension of the property follows a trend of uranium [...]

Gravity West Mining Corp. is pleased to announce that it has identified potential kimberlite, uranium, and IOCG (Iron Oxide Copper-Gold) exploration targets from the interpretation of the 2007 airborne geophysical survey data. The study was carried out by Condor Consulting Inc., who is specialists in airborne geophysical data interpretation. A total of 40 kimberlite targets, [...]

Chromex Mining Plc. said it is finalising the terms of acquisition of the remaining 49 percent stake in Ilitha Mining (Pty) Ltd.
The chrome company focused in southern Africa said it is also finalising the placing of new shares of the company at 40 pence each.
The company has made these statements in response to the recent [...]

Research and Markets has announced the addition of “Hydrometallurgy: Principles and Applications” to their offering.
The book is concerned with the theoretical principles of hydrometallurgical processes and engineering aspects and also discusses the hydrometallurgical processes of production of copper on the example of leaching of chalcopyrite as the main sulphide mineral of copper processed in industry.
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Mechel, a leading Russian mining and metals company, said on Thursday it had acquired 95.69% of shares in the UK-based Oriel Resources Plc, which owns assets in Russia and Kazakhstan.
Mechel made a $1.498 billion purchase offer to Oriel, a London-based chrome and nickel mining and processing company valued at around $1.2 billion, in late March. [...]

Russian steel maker Mechel said on Wednesday it has agreed to pay $1.5 billion (750 million pounds) in cash to acquire ferro-chrome producer Oriel Resources as it expands its ferro-alloy business.
Mechel, Russia’s largest coking coal producer, said it would pay 219.86 U.S. cents per share in Oriel, a Britain-based company that operates a ferro-chrome [...]