Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the [...]
Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil.
Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil [...]
Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., addresses production and status of expansion plans.
Mark Daniel Klok, President of HMIT, stated: “The Company anticipates production to start in January of this year and we look forward to generating a substantial amount of gold while operating the Fifa project. Regardless of unforeseen [...]
VAALCO Energy, Inc. announced that production at its Etame and Avouma / Tchibala fields in offshore Gabon, West Africa, has successfully been restored following the planned upgrade to the Floating Production, Storage and Offloading (FPSO) facility serving these fields.
During the upgrade, VAALCO installed an expanded flare system and increased the water processing capacity at the [...]
Volta Resources Inc. report assay results from twelve out of 15 holes drilled on the Dienemera target located on the Malba permit at Gaoua. The drilling is part of the 39-hole, 11,306 meter diamond drilling program recently completed at Volta’s Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa where results continue to confirm [...]
GoldenFrank Resources Inc. announced that it was granted on October 28th, through its 80% owned subsidiary MGWA-GoldenFrank SARL, three Exploration Permits for gold and associate minerals in Guinea, West Africa. The three permits cover the entire 250 km2 of the preceding “Autorisation de Prospection” held by the Company and described in the Company’s Prospectus. The [...]
Bandolac Mining Company, Limited announced it had formally changed its name and will conduct business under the name “Schyan Exploration Inc./Exploration Schyan Inc.”.
The Company also confirmed Mitchell E. Lavery has been appointed by the Board of Directors to serve as President. Mr. Lavery, a registered professional Geologist in the Province of Quebec, is a self [...]
Golden Star Resources Ltd. (AMEX: GSS - News) (TSX: GSC - News) (GSE: GSR) is pleased to announce that it was recently awarded a prestigious Nedbank Capital Green Mining award in recognition of the creation of and continuing efforts on the Golden Star Oil Palm Plantation project (GSOPP). We are the first non-South African company [...]
Through its mining division Severstal Resources, OAO Severstal announced that the offer by 7027940 Canada Limited, an affiliate of Severstal, to purchase the outstanding common shares of PBS Coals Limited (formerly, Penfold Capital Acquisition Corporation)(TSX: PBS) expired at 11:59 p.m. on October 24, 2008.
In order to resolve outstanding matters between PBS Coals Limited and the [...]
Golden Star Resources Ltd. announce that the pinion gear assembly on Wassa’s Mill 2 ball mill that experienced mechanical failure in late August has been repaired and the Mill has been recommissioned. Testing of Mill 2 commenced ahead of schedule on October 20, 2008 and ore feed began on October 21, 2008. The Mill is [...]
