Last year's gigantic landslide at a Utah copper mine probably was the biggest nonvolcanic slide in North America's modern history, and included two rock avalanches that happened 90 minutes apart and surprisingly triggered 16 small earthquakes, University of Utah scientists discovered.
AndeanGold Ltd. ("the Company" or "AndeanGold") announces that the Company has not made the $150,000 payment which was due on December 31, 2013 to Gitennes Exploration Inc. ("Gitennes") pursuant to the amended Share Sale and Mining Agreement dated May 17, 2012 (the "Agreement").
ESCO Corporation announced today it has acquired Stabiltec Downhole Tools LLC, a unique manufacturer of specialty drilling tools for the oil and gas industry. This acquisition complements ESCO's growing Oil & Gas Division, bringing an additional 96 people into the organization.
Research and Markets has announced the addition of the "Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018" report to their offering.
Virgin Metals Inc. ("Virgin" or the "Company") announced today the sale of their Cuatro Hermanos project in Sonora Mexico to Insumos Y Fertilizantes Agricolas Sacramento S.A. De C.V. a privately held corporation with head office in Culiacan, Sinaloa, Mexico. The project was purchased for $1,500,000 in cash payable immediately upon the close of the transaction. The transaction has been approved by the TSX Venture Exchange.
Kalimantan Gold Corporation Limited (the “Company”) has been delivered notice of intention to cease sole funding and to withdraw from the joint venture agreement made April 18, 2011 by its joint venture partner, Surya Kencana LLC, a wholly owned subsidiary of Freeport-McMoRan Exploration Corporation (“Freeport”), in relation to the Company’s KSK Contract of Work copper project (the “KSK CoW”) in Kalimantan, Indonesia.
Tethys Petroleum Limited ("Tethys"), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that it has received the appropriate Georgian governmental consent for the acquisition of a 56% interest in Blocks XIA, XIM and XIN (Project "Iberia") in eastern Georgia. Tethys also announced that it will exit Uzbekistan.
New Millennium Iron Corp. ("NML" or the "Corporation") today provided an update on the progress of the Taconite Project Feasibility Study ("TFS"), which is being jointly undertaken by Tata Steel Limited ("Tata Steel") and NML, and financed by the parties on a 64% - 36% basis, respectively.
VVC Exploration Corporation ("VVC" or the "Company") is pleased to announce that the December 6, 2013 edition of the Juarez Journal in Juarez, Chihuahua State, MX., reported that the head of the National Commission of Natural Protected Areas ("CONAP"), Luis Fueyo MacDonald, "promised to make adjustments to the Program Management Protected Area to allow Samalayuca Copper Mining Company ("Samalayuca") to start exploration and exploitation of their Kaity claim."
Comstock Mining Inc. (the "Company") announced today that it has surpassed its 2013 guidance, exceeding the estimated 20,000 gold equivalent ounces, producing over 20,800 for the Company's first full year of production. Additionally, the Company has completed the construction of two new heap cells and the supporting ponds and related infrastructure.
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