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Southridge Minerals Signs LOI to Purchase 80% of Los Compadres Property

Southridge Minerals, a wholly owned subsidiary of Southridge Enterprises, has entered into a binding letter of intent (LOI) to buy 80% of the Los Compadres Gold and Silver property.

20 Apr 2011

Victory Energy Acquires Working Interest in Tunis Creek Prospect

Victory Energy collaborating with Aurora Energy Partners has acquired a working interest in the University 6 #1 Tunis Creek property. This is fourth prospect or well interest for the company and purchased in less than 60 days.

20 Apr 2011

Homeland Resources Announces 50% Completion of 3D Seismic Program at Liberty Ridge Project

Homeland Resources is now conducting a large-scale three-dimensional seismic program at Liberty Ridge project in southern Oklahoma and has almost completed 50% of the program.

19 Apr 2011

IAMGOLD Signs Selling Agreement with Gold Fields

IAMGOLD has signed an agreement to sell its 18.9% interest in Tarkwa and Damang gold mines in Ghana, West Africa, to Gold Fields for $667 million.

From Iamgold Corp. 19 Apr 2011

Wagners Looks at IPO and Expansion of Mining, Oil and Gas Services

Wagners, an Australian mining services company, is hoping to grow with an initial public offering next year although no firm decision about this action has been taken as yet.

18 Apr 2011

Nevada Mining Association President Says Mines Routinely Claim Illegal Tax Deductions

Nevada Mining Association President Tim Crowley wrote a letter to the state tax director Chris Nielsen saying that mines operating in the state have routinely claimed illegal tax deductions. The state laws allow for deduction of any expense that is related to the removal of gold ore and processing it into a marketable product.

18 Apr 2011