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Chevron Discovers Natural Gas in Carnarvon Basin

Chevron Corporation today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin.

28 Dec 2012

Aegean Reports Positive Geologic Results from Turkey Hot Gold Prospect

Aegean Metals Group Inc. ("Aegean" or the "Company") is pleased to announce that due to recent positive geologic results from testing on the Hot Prospect (see news release dated November 28, 2012) and the Company's intention to exercise the option to purchase the Ergama Property from Teck Resources Limited ("Teck"), the Aegean board and management have determined it is in the Company's best interest to focus its resources on advancing these two Turkish properties, which are the core assets of the Company. As a result, the Company has given notice to Teck to terminate the option agreement with regard to the Kizildam Property.

28 Dec 2012

Falco Pacific Initiates Diamond Drill Program on Quebec Flavrian Central Gold Prospect

Falco Pacific Resource Group Inc. ("Falco Pacific" or the "Company") is pleased to announce that it has commenced a 2,000 metre diamond drill program on its Flavrian Central gold prospect located 15 km northwest of the city of Rouyn-Noranda, Quebec within the West Rouyn-Noranda Camp's ("Western Camp") Flavrian gold district. Drilling recently began with one rig and is expected to be completed in the early first quarter of 2013. The 6 drill-hole program will test multiple shallow gold targets recently generated from Falco Pacific's extensive proprietary regional database.

28 Dec 2012

Southridge, Kinross Partner for Cinco Minas and Gran Cabrera Gold + Silver Properties

Southridge Enterprises Inc. ("Southridge" or the "Company") is excited to announce a new Joint Partner, Kinross, a Major listed Mining Company for its Cinco Minas and Gran Cabrera properties. Southridge's joint partnership with Kinross, a major NYSE listed gold mining company, is valued at roughly $550,000,000 to $600,000,000.

27 Dec 2012

Timberline Closes Public Offering of Common Stock

Timberline Resources Corporation ("Timberline" or the "Company"), announced today that it has closed the previously announced underwritten public offering of its common stock. The Company offered 5,000,000 shares of its common stock at $0.20 per share to the public.

From Timberline Resources Corporation 27 Dec 2012

Nevada Gold Exploration Company Announces Closure of $1,000,000 Private Placement

Nevada Exploration Inc. ("NGE") is pleased to announce that it has closed, subject to TSX Venture Exchange final approval, the non-brokered private placement ("Offering") previously announced on December 5, 2012. NGE has issued 10,000,000 Units at a price of $0.10, for gross proceeds of $1,000,000.

From Nevada Exploration Inc. 26 Dec 2012

Golden Valley Mines Provides Update on Gold Prospects in Abitibi Greenstone Belt Region

Golden Valley Mines Ltd. ("Golden Valley Mines" or the "Company") is pleased to provide the following update on the Company's on-going exploration programs:

26 Dec 2012

Barisan Gold’s Indonesian Subsidiaries Receive Extensions to Exploration Projects

Barisan Gold Corporation wishes to inform shareholders that that two of its majority-owned Indonesian subsidiaries, PT Linge Mineral Resources ("Linge") and PT Takengon Mineral Resources ("Takengon"), have received extensions to their Exploration Izin Usaha Pertambangan ("IUP"). The two IUPs have been extended until December 28, 2014. Exploration IUPs are exploration licenses, which allow their owners the right to conduct mineral exploration on the ground they cover, subject to other relevant permits, government and local approvals, if applicable.

26 Dec 2012

CC JV Awarded FEED Contract for Mozambique Onshore LNG Project

CB&I announced today that CC JV, a joint venture comprising of CB&I and Chiyoda Corporation, has been awarded a contract for the Front End Engineering and Design (FEED) for the onshore natural gas liquefaction facility project in an LNG park in the Cabo Delgado Province of northern area of the Republic of Mozambique by Anadarko Moçambique Area 1 Limitada.

26 Dec 2012

Chevron Canadian Subsidiary to Acquire Interest in Kitimat LNG Project

Chevron Corporation today announced that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia, Canada.

26 Dec 2012

VCS Awarded Gold Mining Exploitation Permit for Haiti Morne Bossa Project

VCS Mining and its wholly owned subsidiary, Delta Societe Miniere S.A. are pleased to announce the awarding of a gold mining exploitation permit issued by the Haitian Government for its Morne Bossa project. This is one of two permits issued today, the first permits of this kind issued in over 5 decades.

26 Dec 2012

American Vanadium Submits Plan of Operations for Nevada Gibellini Project

AMERICAN VANADIUM CORP. (“American Vanadium” or the “Company”) announces the submission of the Plan of Operations for the Gibellini Project in Nevada to the US Bureau of Land Management (BLM) which, upon the agency’s determination of completeness, initiates the National Environmental Policy Act (NEPA) review process. Additionally, the Company has submitted a Reclamation Plan to the Nevada Division of Environmental Protection.

26 Dec 2012

Iron Creek Presents Exploration Update on Victoria Joint Venture Project

Iron Creek Capital Corp. ("Iron Creek") is pleased to provide an exploration update on recent work completed by Hochschild Mining Holdings Limited (HOC.L: "Hochschild"), the operators of the Victoria Joint Venture project. As a result of a recent cash call by the operators to Iron Creek, Iron Creek has declined the opportunity to contribute, and consequently will be diluted from its previously held 40% interest in the project, to 33.88%.

24 Dec 2012

USA Graphite Announces Fieldwork Exploration Plans at Blue Wing Mountains Graphite Project

USA GRAPHITE INC. (or "The Company") is pleased to announce fieldwork exploration plans at its flagship graphite project for Q1 2013.

24 Dec 2012

Atlas Copco Agrees to Acquire MEYCO Business to Expand Underground Operations

Atlas Copco (Schweiz) AG has agreed to acquire the Switzerland-based MEYCO Equipment business from BASF Construction Chemicals Europe AG. The acquisition broadens Atlas Copco’s offering with mobile equipment for applying sprayed concrete (shotcreting) in underground operations.

From Atlas Copco AB 24 Dec 2012

Mining News

Chevron Discovers Natural Gas in Carnarvon Basin

Aegean Reports Positive Geologic Results from Turkey Hot Gold Prospect

Falco Pacific Initiates Diamond Drill Program on Quebec Flavrian Central Gold Prospect

Southridge, Kinross Partner for Cinco Minas and Gran Cabrera Gold + Silver Properties

Timberline Closes Public Offering of Common Stock

Nevada Gold Exploration Company Announces Closure of $1,000,000 Private Placement

Golden Valley Mines Provides Update on Gold Prospects in Abitibi Greenstone Belt Region

Barisan Gold’s Indonesian Subsidiaries Receive Extensions to Exploration Projects

CC JV Awarded FEED Contract for Mozambique Onshore LNG Project

Chevron Canadian Subsidiary to Acquire Interest in Kitimat LNG Project

VCS Awarded Gold Mining Exploitation Permit for Haiti Morne Bossa Project

American Vanadium Submits Plan of Operations for Nevada Gibellini Project

Iron Creek Presents Exploration Update on Victoria Joint Venture Project

USA Graphite Announces Fieldwork Exploration Plans at Blue Wing Mountains Graphite Project

Atlas Copco Agrees to Acquire MEYCO Business to Expand Underground Operations

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