Director John Mead of the Coal Research Center at Southern Illinois University Carbondale said Thursday that he is proud of the work being done by SIUC faculty members.
And he should be. With slightly more than $1 million in funds granted recently by the Illinois Department of Commerce and Economic Opportunity, a small group of faculty […]
Beta Minerals Inc. (”Beta”) is pleased to announce that it has entered into a securities exchange agreement dated July 9th, 2007 (”Securities Exchange Agreement”) with Forsys Metals Corp. (”Forsys”), a public Ontario company and Namibian Westport Ltd. (”Namibian”) (formerly Namibian Minerals Ltd.), the wholly-owned subsidiary of Forsys, pursuant to which Beta will acquire all […]
GLOBEX MINING ENTERPRISES INC. At the request of several shareholders, Globex is providing a financial projection of expected near term revenue streams.
First of all, business is going extremely well, with the cash and shares held by Globex providing Globex with sufficient capital to advance our projects and grow. As to development and exploration expenditures […]
Explor Resources Inc. is pleased to announce that Phase III of a 2,100 metre drill program has been started on the Eastford Lake Gold Property. The property is situated in the Kerrs, Warden, Milligan Townships and the Rayner Lake area, south-west of Lake Abitibi, Ontario in the Timmins-Porcupine mining camp.
The Eastford Lake Property consists of […]
GLOBEX MINING ENTERPRISES INC. is pleased to inform shareholders that Strategic Resource Acquisition Corporation (SRA) has closed an initial public offering totaling CDN$111,750,000 which will be directed to funding the restart of mining and milling operations at the Middle Tennessee Zinc mines near Gordonsville, Tennessee.
SRA has also engaged Dynatec Mining Corporation as contract operator to […]
Finning International Inc. announced today that its Canadian division has secured a major mining equipment sale of 19 new Caterpillar 797B mining trucks valued at over C$100 million to Albian Sands Energy Inc. for operation in the Alberta oil sands.
Of the 19 - 400 ton trucks, 16 will be placed into service at the […]
Finning International said on Tuesday it has won a contract worth more than C$100 million ($90.1 million) to provide a fleet of large mining trucks to be used in the Albian Sands oil sands project in northern Alberta.
The order for the 19 new Caterpillar 797B 400-ton mining trucks began in the first quarter of 2007, […]
The Timken Company today announced that L&H Industrial Inc., a leading North American rebuilder and manufacturer of mining equipment components, is providing better equipment reliability to mine sites as a result of a new Timken® bearing design. Timken’s new spherical roller bearing cartridge has improved service life, saving mine operators thousands of dollars.
“Because of Timken’s […]
Crude oil was little changed in New York after declining last week as higher stockpiles eased concerns that refiners can meet gasoline supply during the peak summer driving season.
Crude oil inventories have risen to a 17-week high after refinery maintenance and shutdowns cut demand. Valero Energy Corp. restarted two units at its fire-damaged McKee plant […]
CanAlaska Uranium Ltd. (CVV - TSX.V) (”CanAlaska”) and the UK-based uranium investment company Yellowcake plc (PLUS:YEL) (”Yellowcake”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Grease River Project. The Grease River Project is situated along the Northern rim of Canada’s Athabasca Basin in the Province […]