Stellar Resources Ltd. (OTC Bulletin Board: SRRL), announced today that Elk Hills Heavy Oil LLC, has discovered a new oil field, which is to be named the Morris Field. The Morris Field is approximately 1,000 acres in size and is located within the 22,000 acre Elk Hills Project in Carbon County, Montana.
Harvest Gold Corporation (TSX VENTURE:HVG) has updated its shareholders on its plans for its various properties in Nevada and Manitoba.
Continental Resources, Inc. (NYSE: CLR) today announced that it expects to produce 20.6 million barrels of oil equivalent (MMBoe) in 2011, an increase of 30 percent over expected production for 2010. The Company confirmed that 2010 total production is expected to be 15.8 MMBoe, in line with guidance.
Bonanza Goldfields Corp. (BONZ:OTCBB) will file with the SEC a 14A Statement and any other necessary filings with FINRA to enact a 1 for 20 reverse split of the company's common shares without a corresponding reduction in the number of authorized shares of Bonanza's common stock.
Aura Minerals Inc.(TSX:ORA) has released release the second set of drill results from the Phase 1 deep drilling program at its wholly-owned copper-gold-silver Aranzazu Project in Zacatecas State, Mexico.
Canadian explorer Rugby Mining (TSX:RUG) is to acquire up to 60% interest in the Comita porphyry copper gold project in Colombia. The company is entering into an agreement with Rio Tinto, which currently owns the project.
Xstrata Technology's IsaMills have been selected for the new magnetite processing circuit being developed at Xstrata Copper's Ernest Henry Mine in Queensland, Australia. The new circuit is part of the planned upgrade at the minesite as it transforms its mining operations from open pit to underground mining.
India is looking abroad to secure its uranium supply by acquiring mines outside the country. With nuclear energy emerging as viable option which could help meets the growing needs of energy for the world it was important for India to be prepared.
By Joel Scanlon
12 Oct 2010
General Moly, the U.S. molybdenum producer, announced that it had been told by Sichuan Hanlong Group (Hanlong) that the Chinese company has received formal approval from the Chinese National Development and Reform Commission (NDRC) to invest in General Moly.
The Rio Tinto and BHP Billiton iron ore joint venture in the Pilbara region is still a live issue despite recent claims that Rio Tinto is poised to abandon the project.
Westgold has completed a scoping study on its maiden JORC compliant 1.0M gold equivalent ounce resource at Rover 1 as a preliminary assessment of its commercial viability and to determine the requirements for detailed feasibility study estimates.
Terramin Australia (ASX:TZN) looks set to build its zinc mine in northern Algeria. The Tala Hamza zinc and lead project is located near Bejaia and will be the world's first block-cave zinc mine.
Big Bear Mining Corp. (OTC Bulletin Board: BGBR), a U.S. based exploration and development company focused on the acquisition and development of gold and other precious commodity projects, announced today the results from preliminary exploration in Red Lake Claims in Western Ontario.
Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM) has announced that it has entered into a Definitive Acquisition Agreement with Ra Resources Ltd. to acquire 100% of its outstanding securities.
MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) has announced that it has closed the non-brokered, private placement financing of $3,430,800 with HudBay Minerals Inc. (TSX:HBM) announced on October 6, 2010.