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U.K. Mineral Exploration and Development Company Make Signed Diamond Drilling contract

Monday, March 10th, 2008

Lydian International Ltd., a diversified U.K. mineral exploration and development company, today announced it has signed a 20,000 metre combined reverse circulation and diamond drilling contract to test the bulk tonnage potential and define a gold resource at its Amulsar project in Armenia. The programme will commence in April of 2008 after the snow retreats […]

Hong Kong-based mining company looking for gold in Kelantan

Saturday, May 19th, 2007

Hong Kong-based mining company CNMC Goldmine Limited (CNMC) is looking for gold in Kelantan.
Based on geology records made available by the authorities here, the Sokor locality in the Tanah Merah district is estimated to have five tonnes of gold deposits, the company said.
CNMC has entered into a memorandum of understanding (MoU) with the […]

Nigeria: FG Sells Mining Corporation’s Assets to Pay Pensions

Thursday, April 19th, 2007

Property belonging to the Nigerian Mining Corporation (NMC) was yesterday sold by the federal government to enable it generate funds to pay outs-tanding pension liabilities of staff of the company.
The assets include staff quarters, the NMC headquarters and undeveloped plots of land.
The landed properties of the NMC for which bids were opened were: residential housing […]

Nigeria: 36 Pre-Qualified for Coal Corporation

Tuesday, April 17th, 2007

The Bureau of Public Enterprises yesterday announced that it had pre-qualified 36 prospective investors for the acquisition of nine coal blocks of the Nigerian Coal Corporation (NCC.)
A statement from Mr. Chigbo Anichebe, Head, Public Communications, said 21 investors interested in buying 13 mining titles belonging to the Nigerian Mining Corporation (NMC) were also pre-qualified.

IMICON 2007 to Spur Mining Expansion in Nigeria

Friday, December 29th, 2006

The nation’s mining sector is on the threshold of a major expansion, as the 2nd International Mining Investment Conference and Exhibition on Nigeria (IMICON 2007) will take place from February 13 to 15 2007, at the Transcorp Hilton Hotel, Abuja.
The forum, described as the biggest annual mining event in the country, is being organised by […]

USEC signs uranium supply deal

Tuesday, December 12th, 2006

Nuclear Management Co. of Hudson, Wis., will pay USEC Inc. $130 million for separative work units contained in enriched uranium fuel.
The new contract, which runs from 2007 to 2013, covers NMC’s five nuclear reactors, USEC said Monday in a news release.

StrataGold and Newmont Commence Drilling on Barama JV, Guyana

Thursday, November 30th, 2006

StrataGold Corporation (Nachrichten) (SGV-TSX) is pleased to announce the commencement of a 2000 metre (m) diamond drilling (DD) program at Monosse, Guyana. Monosse is subject to a joint venture agreement (the “Agreement” or ‘Barama JV’) (see press release dated October 3, 2005) with Newmont Overseas Exploration Limited, a subsidiary of U.S.-based Newmont Mining (Nachrichten) Corporation […]

AMETEK Process Instruments Introduces Non-Contact Analyzer For Measuring Water Vapor In Natural Gas

Saturday, November 25th, 2006

Pittsburgh, PA – AMETEK Process Instruments introduces the Model 5100-NCM Analyzer – a tunable diode laser system that directly measures water vapor concentration in natural gas.
The company claims that, the Model 5100- NCM offers natural gas producers, pipeline operators and service companies with a highly reliable and cost-effective method for quickly and accurately measuring moisture […]