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Antrim Energy Signs Drill Rig Contract for East Fyne Field

Antrim Energy is a global oil and gas exploration and production firm based in Calgary in Canada. It has announced that the Fyne Field joint venture, in which Antrim holds 35.1%, is now purchasing the site study information and has signed a drill rig contract for the East Fyne appraisal/expansion well at Block 21/28a in UK Central North Sea.

From Crown Point Energy Inc. 19 May 2011

Redstar Gold and Confederation Minerals Acquire 50% Interest in Todd Project

Redstar Gold and Confederation Minerals have acquired 50% interest in 18 mineral claims, called Todd property that is instantly beside the Newman Todd exploration project close to Red Lake in Ontario.

18 May 2011

Arcus Development Group Completes Airborne Magnetometer Survey at Dawson Gold Project

Arcus Development Group has completed a high resolution airborne magnetometer survey at its Dawson Gold project region.

18 May 2011

Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property

Goldex Resources has contracted Kluane Guatemala to perform an impending 5,000 metre drilling program at its El Pato property in Guatemala.

From Goldex Resources Corporation 17 May 2011

Cabo Drilling Receives Drill Rigs Contract from Curis Resources

Cabo Drilling has received two drill rigs contract and to drill a minimum of 7,500 feet at the Florence copper project of Curis Resources.

From Cabo Drilling Corp. 11 May 2011

Daulton Capital Acquires Gold Property in Papau New Guinea

Daulton Capital has purchased 750,000 hectares in Papau New Guinea, which is rich in gold.

10 May 2011

GoldCorp to Remain Focussed on Precious Metals

GoldCorp Inc is reaffirming its commitment to precious metals. The chief executive officer of GoldCorp, Chuck Jeannes said that with their growth profile intact for the next five-plus years, it gave them the opportunity to try to continue that growth organically and through early-stage acquisitions, rather than going out and paying full price for a fully developed asset.

From Goldcorp Inc. 8 May 2011

UBS Names New Boss for Metals and Mining in Asia Pacific

Campbell Stewart has been named the head of Metals and Mining for UBS for the Asia Pacific region for investment banking. Mr Stewart is currently the head of investment banking for UBS in Melbourne besides heading the resources team for Australia. His new appointment will let him continue working based in Australia keeping his old roles while taking on the new one.

8 May 2011