world News Line

Arctic Oil & Gas Corp. (AOAG) Alaska Gold Mines Financing Developments

2008-12-17T19:18:00.000-08:00

Arctic Oil & Gas Corp., a resources development company, is pleased to announce the Company's precious metals division is securing updated ore reserves reports on its Alaska gold projects and finalizing summer 2009 mining development plans.

The company is preparing a hybrid private Gold Mine Finance Offering for qualified banks and institutions.

AOAG plans to offer qualified partners, a potentially more profitable mechanism than gold exchanges for securing large quantities of gold bullion, with an effective projected net cost approximately 30% below the current spot gold price. [read more]

Source: Arctic Oil & Gas Corp.

Finning Announces Truck Sale and Extension of Support Services Contract With Barrick's Veladero Gold Mine for a Total Value of C$70 Million

2008-12-17T18:57:00.000-08:00

Finning International Inc. today announced that its South American mining division has secured a sale of six 793 mining trucks to Minera Argentina Gold, a subsidiary of Barrick Gold Corporation and operator of the Veladero gold mine in Argentina. Finning also secured a one year extension on its Maintenance and Repair Contract (MARC) with Minera Argentina Gold that covers 28 existing 793 mining trucks and 18 pieces of support equipment. The combined value of these deals is approximately C$70 million.

The new trucks will be delivered in the first quarter of 2009 and used in the existing operations at the Veladero mine. The Veladero mine is located approximately 320 kilometers northwest of the city of San Juan in Argentina, close to the Chilean border. [read more]

Source: Finning International Inc.

Dynasty Plans to Commission Gold Plant By the End of March 2009

2008-12-17T18:54:00.000-08:00

Dynasty Metals & Mining Inc. has nearly completed plant construction at its Zaruma Gold Project in Ecuador.

Company President, Rob Washer, commented: "President Correa and other senior Mining Ministry representatives continue to express publicly and privately their support for "large scale environmentally responsible" mining in Ecuador. After months of direct consultation with government and industry officials regarding the Mining Mandate and draft amendments to the Mining Act, we concluded we should complete construction so that we may commission the gold plant at Zaruma as soon as practicable. We are presently planning for the end of March 2009. [read more]

Source: Dynasty Metals & Mining Inc.

Update by Radisson Mining Resources Regarding its Drill Program on THE O'BRIEN/KEWAGAMA GOLD PROJECT

2008-12-17T18:50:00.000-08:00

Radisson Mining Resources is pleased to provide an exploration update on its 100% owned O'Brien/Kewagama Gold Project located near Cadillac, Quebec. The O'Brien-Kewagama Property contains the former O'Brien Mine, which was known for its high gold grades and was considered to be the most important gold producer in the Cadillac Mining Camp in Quebec when it was in operation from the early 1930s to the mid 1950s.

Infill Drill Program 36 East Zone

In late 2007, Radisson commenced an infill surface drill program on the 36 East Zone in an attempt to define, between surface and the 500 foot level, the resource blocks identified in the NI 43-101 Resource Report on the 36 East Zone prepared by Luke Evans, Scott Wilson Roscoe Postle Associates Inc., in 2007. The NI 43-101 Report estimated Indicated Resources on the 36 East Zone, using a 0.17 oz/ton gold cutoff grade, at 270,000 tons at an average uncut grade of 0.56 oz/ton and an average cut grade of 0.36 oz/ton, representing 97,200ounces of gold. The Inferred Resources are estimated at 182,000 tons at an average uncut grade of 0.37 per ton and an average cut grade of 0.29 oz/ton for a gold content of 53,700 ounces. [read more]

Source: Radisson Mining Resources Inc.

Gold Reserve Receives Unsolicited Offer from Rusoro Mining Ltd and Engages Financial and Legal Advisors

2008-12-17T18:46:00.000-08:00

Gold Reserve Inc. announced today that Rusoro Mining Ltd. has commenced an unsolicited offer (the “Offer”) to acquire all of the outstanding shares and equity units of Gold Reserve in consideration for three shares of Rusoro for each Gold Reserve share or equity unit.

Gold Reserve has retained RBC Capital Markets and JP Morgan as financial advisors, and Fasken Martineau DuMoulin LLP and Baker & MacKenzie LLP as legal advisors in connection with the Offer. The Board together with its financial advisors and legal advisors will review the full terms of the Offer when they are received, and following that review the Board will make a recommendation that is in the best interests of shareholders. Gold Reserve urges shareholders to wait for its Board to make its recommendation to shareholders before making a decision with respect to the Offer. [read more]

Source: Gold Reserve Inc

Northern Gold Mining Inc. Files Technical Report for Its Frederick House Lake Property

2008-12-17T18:43:00.000-08:00

Northern Gold Mining Inc. is pleased to announce that it has received and filed on SEDAR a National Instrument 43-101 report entitled "TECHNICAL REPORT ON THE FREDERICK HOUSE PROPERTY, PORCUPINE MINING DIVISION, NORTHEASTERN ONTARIO". The report was prepared by Mr. Gary Lohman, B.Sc, P.Geo., Mr. Lohman is a Qualified Person as defined by NI 43-101 and has over 27 years Canadian and International experience in gold, silver, base, and specialty metal exploration.

Northern Gold's. Frederick House Lake property is located approximately 35 kilometers northeast of Timmins, Ontario. The property consists of 18 claims comprising 333 units covering greater than 80% of the areal extent of Frederick House Lake, a shallow lake created by flooding related to downstream hydroelectric facilities. read more

Source: Northern Gold Mining Inc.

NAL Oil & Gas Trust Announces December Distribution, Provides an Operational Update and Sets 2009 Guidance Date

2008-12-11T06:24:00.000-08:00

NAL Oil & Gas Trust will pay a distribution of $0.16 per unit on January 15, 2009, to Unitholders of record on December 22, 2008. The units will begin trading on an ex-distribution basis on December 18, 2008.

Trailing cash distributions for the past 12 months total $1.92 per unit, representing a 29.8% cash-on-cash yield based on the December 9, 2008 closing unit price of $6.44. read more

Source: NAL Oil & Gas Trust

New Green Energy Plans Would Create 120 Green Tons of Wood Demand

2008-12-11T06:20:00.000-08:00

RISI today through its Wood Biomass Market Report, indicated that woodfiber will play a major role in any new green energy spending plans in the U.S. The Report stated that as of Dec. 12, estimates from the ever-expanding federal stimulus package suggest the green component (wood, wind, solar, etc.) will be a whopping US$50 billion over two years. If 20% falls to wood energy, that near term spending of US$10 billion would spur formidable growth, providing tens of thousands of new jobs -- and wood demand of perhaps 120 million green tons, long-term. Compared to an estimated 215 green tons of consumption currently by the nation's pulp & paper industry, this new demand will be significant, and could create a US$3 billion per year wood energy market at current prices. The Report also projects that a good bit of this expansion is already underway, with current projects topping 32 million tons. Wood-derived fuels already account for a full third of the nation's renewable energy, 50% if hydroelectricity were excluded. RISI projects that this increased demand will occur most in the U.S. South, followed by the U.S. West, and then the U.S. North. read more

Source: RISI

Focus on the China Industrial Biotechnology

2008-12-11T06:14:00.000-08:00

Reportlinker.com announces that a new market research report related to the Biotechnologies and Genetics industry is available in its catalogue.

China Industrial Biotechnology provides an in-depth look at China’s explosive growth in research and commercialization of white biotech. This report is essential for understanding China’s industrial biotech players, trends, government actions, research & development, and markets. read more

Source: ReportLinker

Axial Vector Energy Corp. Summarizes Highlights of Investor Conference Call

2008-12-11T06:10:00.000-08:00

Axial Vector Energy Corporation today announced a summary and digitized replay access of an investor conference call held yesterday, December 8, 2008 at 4:15 pm EST.

Sanjai Chhaunker, President and CEO, exclaimed: "We were very pleased to be given the opportunity to speak with the investor community and we feel that the call was a tremendous success. AVEC has made many advances in its technology and business strategy, we invite anyone who was unable to attend the call to please listen to the playback." read more

Source: Axial Vector Energy Corporation

Nasdaq Grants Wave Extension Until February to Comply With Market Value Rule; Wave to Be Transferred to Nasdaq Capital Market

2008-12-11T06:03:00.000-08:00

Wave Systems Corp. announced today that it received notification from the Nasdaq Hearings Panel that shares of the company's common stock will be transferred from the NASDAQ Global Market to the NASDAQ Capital Market, effective with the opening of trading tomorrow, Wednesday, December 10, 2008. Wave's common stock will continue to trade under the ticker symbol "WAVX."

As previously announced, the company has not been in compliance with the Market Value Rule requiring a minimum $50 million market value of listed securities for continued inclusion on the NASDAQ Global Market. If the company cannot demonstrate compliance with all of the required continued listing requirements of the NASDAQ Capital Market, including the $35 million market value of listed securities requirement by February 17, 2009, Wave's shares of common stock will be subject to delisting. read more

Source: Wave Systems Corp

XL Capital Ltd Issues Statement in Response to Market Rumors

2008-12-11T06:00:00.000-08:00

While it is generally not XL Capital Ltd's policy to comment on market rumors, the Company believes in the current circumstances it is appropriate to do so.

The Company remains focused on operating its business and meeting the needs of its customers and is committed to taking actions as necessary to maximize value for its shareholders. In that regard, as can be expected in the current environment, the Company is continuing to explore value-enhancing opportunities available to it and is being assisted in that effort by one of its long-standing financial advisors, Goldman, Sachs & Co. read more

Source: XL Capital Ltd

Gold Resource Corporation Conference Call

2008-12-11T05:54:00.000-08:00

Gold Resource Corporation (GRC) will host a conference call with CEO William W. Reid on Thursday, December 11th at 2:00 P.M. EST. Discussions will include Hochschild Mining's strategic investment in GRC and updates on the Aguila Project's construction and exploration. read more

Source: Gold Resource Corporation

Orsu Metals Corporation Completes 6,334m Infill Diamond Drilling at the Taldybulak Copper-Gold Project, Kyrgyzstan

2008-12-11T05:44:00.000-08:00

Orsu Metals Corporation is pleased to provide an update of on-going work at the Talas copper-gold exploration licence area, north west Kyrgyzstan. Geochemical and geophysical surveying has been completed at all four licences (Taldybulak, Barkol, Kentash and Korgontash) within the Talas licence area.

By the end of November 2008, and prior to the completion of Orsu's previously announced joint venture agreement with Gold Fields Orogen Holdings BVI Limited ("Gold Fields"), the Company completed a planned programme of 6,334m of infill diamond drilling at the Taldybulak-Talas copper-gold porphyry project. To date 4,434 samples have been delivered for analysis to the Alex Stewart Laboratory in Bishkek, Kyrgyzstan. Orsu has received 3,014 assay results, or 68% of submitted samples. read more

Source: Orsu Metals Corporation

Azteca Gold Corp. Updates Two Mile Project Drilling and Announces $1.25m Financing

2008-12-11T05:39:00.000-08:00

Matthew Russell, President of Azteca Gold Corp. announces that the Company is undertaking a non-brokered private placement of CAD $1,250,000, subject to regulatory approval. 25,000,000 units will be issued at CAD $0.05 per unit. Each unit consists of one common share and one half of a warrant. Each whole warrant entitles the holder to subscribe for an additional common share for CAD $0.25 for a period of 2 years from closing. Management expects to participate in this placement in an amount of up to CAD $500,000.

The funds will be used for drilling and assaying expenses at the Company's 50% owned Two Mile Project, as well as for general corporate purposes. read more

Source: Azteca Gold Corp.

Gold Resource Corporation and Hochschild Mining plc Form Strategic Alliance; $5 Million Private Placement

2008-12-11T05:33:00.000-08:00

Gold Resource Corporation (GRC) is pleased to announce that it has formed a strategic alliance with Hochschild Mining plc (Hochschild) through a $5 million private placement of 1.67 million shares of GRC's restricted common stock at $3.00 per share (no warrants). Hochschild is a world leading precious metals producer listed on the London Stock Exchange. Based in Lima, Peru, Hochschild is a mid-tier gold producer and the world's 4th largest primary silver producer with mining projects in five countries in the Americas including Mexico. read more

source : Gold Resource Corporation

Houston Lake Mining Intersects 1.5 Metres Grading 15.98 G/mt Gold at Dogpaw

2008-12-11T05:28:00.000-08:00

Houston Lake Mining Inc. an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to provide assay results from a 3,209 metre (10,526 foot) drill program carried out on its Dogpaw Lake property. Dogpaw is one of eight contiguous properties forming the Company's West Cedartree Gold Project near Kenora.

"Fully 76% of the holes we drilled in the Dogpaw 2007/2008 program intersected gold values of 3 g/mt gold or higher," said Grayme Anthony, President and Chief Executive Officer of Houston Lake Mining. "This is a truly exceptional set of results. Despite the intensity of our exploration efforts there remains much to uncover. Prospecting this fall has identified a number of other targets of merit on Dogpaw. Meanwhile we are building on last Winter's drill success at the neighbouring Dubenski gold zone with a 2,000 metre program." read more

source : Distributed by Filing Services Canada and retransmitted by Marketwire

NioGold Mining Corporation: Marban West Extension Drilling Returns Up to 28.80 g/t Gold

2008-12-11T05:24:00.000-08:00

NioGold Mining Corporation is pleased to report on the 2008 diamond drilling program on the Marban Block property located in the Malartic Gold Camp, Abitibi region, Quebec, where the Company has completed 61 holes for 20,900 metres (MB-08-32 to MB-08-92) in 2008 over the former Marban Mine sector. Results for holes MB-08-32 to MB-08-57 and MB-08-069 to MB-08-075 were previously released.

Assay results were received for 9 holes (MB-08-061 to MB-08-68 and MB-08-76), completed on drill sections 50W, 200W, 250W and 300W, that tested the West Extension of the former Marban Mine gold zones. read more

source : NioGold Mining Corporation

Capstone Reports Final Drill Intercepts of Near Surface Copper-Gold at Minto Mine

2008-12-11T05:20:00.000-08:00

Capstone Mining Corp. today announced results for the final 28 drill holes from its 2008 exploration program at the high grade Minto copper-gold mine in the Yukon.

Highlights from this latest batch of results are tabulated below and include multiple, thick intercepts of near surface, good grade copper-gold mineralization at Ridgetop, included in which are significant sub-intervals of much higher grades. read more

source :CAPSTONE MINING CORPORATION

Appalaches Buys a Gold Producer in Nova Scotia

2008-12-02T22:21:00.000-08:00

Ressources Appalaches has just signed an agreement to acquire the gold producer Dufferin Resources, located in Nova Scotia. The transaction comprises the acquisition of the ramp-access Dufferin Mine, together with its processing plant (mill), mining lease, environmental permits, and all the other infrastructure required for production. read more..

Source: Ressources Appalaches Inc.

Hidalgo Mining International Inc. is pleased to announce a joint-venture for the development of North Bay's Gold Hill Project.

2008-12-02T21:08:00.000-08:00

Hidalgo Mining International Inc. is pleased to announce that it has signed a Letter of Intent with North Bay Resources Inc. to enter into a joint-venture for the development of North Bay's Gold Hill Project. Terms of the agreement will be announced once a formal contract has been executed.

The Gold Hill Project covers 5,887 acres near the village of Salmo in southeastern British Columbia. The property includes the former Gold Hill mine, and the area surrounding the Silver Dollar-Lucky Boy mines. The Gold Hill mine's past production averaged over 29.47 grams (0.95 ounces) per tonne gold and 54.11 grams (1.74 ounces) per tonne silver, while production figures from the Silver Dollar and the Lucky Boy workings averaged 9.39 grams per tonne gold and 335 grams (10.78 ounces) per tonne silver. read more..

Source: Hidalgo Mining International Inc.

The Gold Basin Mine has in excess of 500,000 oz. of total gold reserves valued at over $400,000,000.00 with anticipated margins of approximately 50%

2008-12-02T20:33:00.000-08:00

Western Sierra Mining Corp. confirmed today that it has begun production at the Gold Basin Mine. The Gold Basin Mine has in excess of 500,000 oz. of total gold reserves valued at over $400,000,000.00 with anticipated margins of approximately 50%. While initial yearly cash flow of Phase I Production at this mine alone is targeted at $2,000,000.00, Western hopes to leverage production and increase this level to $4,000,000.00 in less than 12 months.

Michael Chaffee, CEO & President of Western Sierra Mining, commented, “We started our initial production runs yesterday utilizing the equipment we have been installing over the past eight weeks. Initial production results correspond well to historical data, and we will release results as they become available.” read more..

source : Western Sierra Mining Corp.

Soltera Mining Corp.: Structural Geological Survey Suggests Increased Gold Potential at El Torno

2008-10-09T06:15:00.000-07:00

Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. , is pleased to announce that the results of a structural geological survey at El Torno, Soltera's flagship gold property in Argentina, are now available.

El Torno is located in the Andean Cordillera near the international border with Bolivia. It is in the central part of a major mineralized province that extends several hundred kilometers through Argentina and Bolivia. read more

Source: Soltera Mining Corp.

Seabridge Gold Agrees to Sell Noche Buena to Fresnillo/Newmont Joint Venture

2008-10-09T06:12:00.000-07:00

Seabridge Gold announced today that it has signed a letter of intent to sell its 100% owned Noche Buena project in Sonora, Mexico to Minera Penmont, S. de R.L. de C.V., a joint venture between Fresnillo plc. and Newmont USA Limited, a wholly owned subsidiary of Newmont Mining Corporation. Terms of the sale are US$25 million in cash at closing, a further US$5 million upon commencement of commercial production from Noche Buena and a 1.5% net smelter royalty payable on all production sold for US$800 per ounce of gold or greater. The transaction is subject to completion of definitive closing documentation and normal closing conditions, which are expected to be completed within the next two months. read more

Source: Seabridge Gold Inc

Vantex Acquires 19 Mining Claims Adjacent to the Santa Anna Gold Property

2008-10-09T06:04:00.000-07:00

The management of Vantex Resources Ltd ("Vantex") is pleased to announce the acquisition of 19 mining claims directly adjacent to the Santa Anna gold property that was recently acquired by Vantex and announced in a press release dated March 18. The Santa Anna property is located 15 kilometres West of the town of La Sarre, in Abitibi, Quebec, in the La Reine township. read more

Source: Vantex Resources Ltd.

Itronics Reports Three More States Register GOLD'n GRO Guardian Deer Repellent; Environmentally Green Product

2008-10-09T06:01:00.000-07:00

Itronics Inc. today reported that its wholly-owned subsidiary, Itronics Metallurgical, Inc., has received GOLD'n GRO Guardian registration in three more states, Alabama, Delaware, and Pennsylvania, bringing the number of states in which GOLD'n GRO Guardian is registered to ten. Registration is pending in New York. read more

Source: Itronics Inc.

Cadiscor Appoints Paul Bonneville, P. Eng. as Vice President Mining

2008-10-07T02:15:00.000-07:00

Cadiscor Resources Inc., is pleased to announce the appointment of Paul Bonneville, P. Eng., as Vice President Mining. Mr. Bonneville's responsibilities at Cadiscor will be to develop the company's mining projects, such as the upcoming development of the Sleeping Giant Mine to put it back into production in 2009. Mr. Bonneville will also oversee the development of the Discovery property. read more

Source: Cadiscor Resources Inc.

Mining Oil Enters Into an AMI Participation Agreement With Jurasin Oil & Gas

2008-10-07T02:07:00.000-07:00

On September 22, 2008, Mining Oil, Inc. entered into a participation agreement to acquire certain working interests held by Jurasin Oil & Gas, Inc. ("Jurasin") of Houston, Texas, and its affiliate, Rampant Lion Energy, LLC, in two prospects. These two prospects include one located in south Louisiana and another located in the offshore shallow waters of Mustang Island in Texas. This agreement provides that the parties enter into a long-term "Area of Mutual Interest (AMI)" for the next 10 years. As such, Jurasin will offer the Mining Oil the right of first refusal to acquire any interest that Jurasin has in future prospects in which Jurasin develops or acquires. read more

Source: Mining Oil, Inc.

Crosshair Exploration & Mining Corp.: 2008 Exploration Program Complete; Change of President

2008-10-07T01:21:00.000-07:00

Crosshair Exploration & Mining Corp.announces that it has completed its 2008 exploration program on its Central Mineral Belt project in Labrador. The exploration camps at the Two Time Zone and the C Zone have been shut down and winterized and all personnel have returned from the field to the Company's office in St. John's. The Company is currently awaiting drill and other assay results and is compiling data from its extensive field programs in both the Northstar and Lonestar division areas. Full results from this year's program will be released in a series of news releases throughout the fall as results become available. read more

Source: Crosshair Exploration & Mining Corp.

DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (DRP) Declares Monthly Distribution

2008-10-07T00:40:00.000-07:00

DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. declared a distribution of $0.08 per share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly distribution amount was $0.134 per share.

The current distribution rate represents a 12.00% annualized yield based on the closing market price of $8.00 on October 3, 2008 and a 9.27% annualized yield on a closing NAV of $10.36 on the same date. read more

Source: DWS RREEF World Real Estate & Tactical Strategies Fund, Inc.

Blumberg Capital Partners Completes Two-Year Real Estate Disposition Strategy

2008-10-07T00:25:00.000-07:00

Blumberg Capital Partners, a Coral Gables, Fla.-based investment fund manager, today announced it has completed a two-year strategy to dispose of its major commercial real estate holdings nationally, raising cash to capitalize on strategic investment opportunities, amid a tightened credit environment and lower asset prices. The most recent transaction was completed last month, with the $9.3 million sale of its smallest holding, a 76,397-square-foot office building in Tampa, Fla. read more

Source: Blumberg Capital Partners

Tootoo.com Comments on BP's Investment on Renewable Energy Base in Pixian, China

2008-09-17T08:08:00.017-07:00

Tootoo.com has learned from the Investment Promotion Bureau Pixian county, China that British Petroleum (BP) China Investment Company has officially signed an agreement with Pixian County, Chengdu, China, on building a renewable energy production base ( http://www.new-energy-supply.com/ ) in a modern industrial port in the South Area of Chengdu, that uses crop stalks to product fuel particles. read more

Source: Tootoo.com

EcoBroker(R), the Green Designation in Real Estate Since 2002, Celebrates 4,000 Members

2008-09-17T08:08:00.016-07:00

Closing in on six successful years as the leader in green real estate education, EcoBroker International, the Green Designation, (http://www.EcoBroker.com), proudly celebrated its 4,000th member this August. The milestone also coincides with another great moment in the company's history -- the fifth anniversary of the first graduating class of EcoBroker Certified® real estate professionals in 2003. Officially founded in 2002, EcoBroker has since been the clear leader in the green real estate training industry with its Green Designation, growing to more than 4,000 members in virtually every state, five Canadian provinces, Mexico, Costa Rica, the Caribbean, and New Zealand. read more

Source: EcoBroker International

SL Green Realty Corp. to Present at the Merrill Lynch 2008 Global Real Estate Conference September 17, 2008 at 1:45 PM EDT

2008-09-17T08:08:00.015-07:00

SL Green Realty Corp. today announced that executive management will make a presentation at the Merrill Lynch 2008 Global Real Estate Conference on Wednesday, September 17, 2008 at 1:45 pm EDT. The presentation will be simultaneously webcast, in a listen-only mode, on the Company's website at www.slgreen.com. A replay of the webcast will be available for on-demand replay within 24 hours of the call through September 30, 2008 in the Investor section of the Company’s website. read more

Source: SL Green Realty Corp.

Avion Resources Announces New Mining Strategy With Aim to Restart Production in Q1 2009 at the Segala and Tabakoto Gold Projects, Mali

2008-09-17T08:08:00.014-07:00

Avion Resources Corp. , today announced that the Company's Board of Directors have approved a new mining strategy for the Segala and Tabakoto gold projects, located in Mali, West Africa. The Company will focus on the Segala project during the first phase of the new mining strategy. Avion Resources plans to commence mining operations at Segala, which has a 43-101 compliant resource, with two years of open-pit production (at a projected low-strip ratio), followed by underground mining. The Company believes that the new plan will realize robust, earlier-than-expected cash flow from operations, as Avion Resources anticipates production to begin at Segala in mid-February 2009. The new strategy is to mine near-surface mineral resources to minimize waste stripping and then proceed to underground mining. read more

Source: Avion Resources Corp.

Gold Fields Commences Drilling on GoldQuest Projects

2008-09-17T08:08:00.013-07:00

GoldQuest Mining Corp. is pleased to present an update on the exploration activities with its partner Gold Fields Ltd. ("Gold Fields"). Gold Fields is currently earning a 60% interest in various projects in the Dominican Republic by expending US$5 million over a three year period. read more

Source: GoldQuest Mining Corp.

Niblack Underground Drilling Intersects 7.71 Metres (25.30 Feet) of 4.23 g/t Gold, 9 g/t Silver, 1.65% Copper and 30.55% Zinc

2008-09-17T08:08:00.012-07:00

Niblack Mining Corp. is pleased to announce assay results for the first 12 holes of the underground drill program at the Company's copper-zinc-gold-silver Niblack VMS property located in southeast Alaska. The drilling expands the Lookout Zone at depth below the limits of the new mineral resource (see news release dated September 10, 2008) by a distance of 200 metres (660 feet) down dip. read more

Source: Niblack Mining Corp.

Lake Victoria Mining Company, Inc.: Kalamela Project Identifies Gold Target & Plans Exploration Follow-Up, Tanzania

2008-09-17T08:08:00.011-07:00

Lake Victoria is pleased to announce that initial prospecting results from the Kalamela project in northern Tanzania have identified a large gold anomaly in soil samples that covers an area of about 2 km X 6 km. More than a thousand soil samples have been collected in a total area exceeding 20 square kilometers. Assay results from the soil samples have ranged from 20 ppb to 144 ppb and have indicated two significant geochemical anomaly trends, northeast and north-south, similar to directions at the Kiabakari and Buhemba gold mines. These initial prospecting results will be followed up with a detailed ground magnetic survey and trenching and pitting programs to further define this large gold anomaly and to identify drill targets. Additional results will be provided as they become available. read more

Source: Lake Victoria Mining Company, Inc.

[video] William Petty, CEO of Franklin Mining, Inc. Discusses Progress on the Escala Mine Project on WallSt.net's 3-Minute Press Show

2008-09-17T08:08:00.010-07:00

Franklin Mining, Inc. , an exploration company with energy interests in the U.S. and South America, today announced that the company's CEO, William Petty, is featured in an exclusive interview on WallSt.net's 3-Minute Press Show.

The interview gives viewers an overview of the company, and the significance of the company's latest press release. read more

Source: Franklin Mining, Inc.; WallStreet Direct, Inc.

China Shen Zhou Mining & Resources, Inc. Provides Fluorite Production Update

2008-09-17T08:08:00.009-07:00

China Shen Zhou Mining & Resources, Inc. , a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that production has increased at its fluorite processing plant at its Xiangzhen Mining Plant, located in Inner Mongolia. read more

Source: China Shen Zhou Mining & Resources, Inc.

New Jersey Mining Company Reports Drilling On Its Niagara Copper-Silver Deposit

2008-09-17T08:08:00.008-07:00

New Jersey Mining Company announces that it recently completed two drillholes on its Niagara copper-silver deposit near Murray, Idaho. Both holes intercepted copper-silver mineralization near the surface and over significant intervals increasing the potential for open pit mining. The mineral resource at the Niagara is estimated to contain 14.2 million tonnes grading 0.46% copper and 20 grams per tonne silver based on historic drilling completed in the 1970's. read more

Source: New Jersey Mining Company

VentureDeal Venture Capital Funding Quarterly Reports

2008-09-17T08:08:00.007-07:00

Venture capital database VentureDeal is pleased to announce the release of complimentary Venture Capital Funding Quarterly transaction reports. The reports are exclusively sponsored by Bio Investor Forum, a conference featuring late stage private and emerging public companies, with a special focus on investment strategies and competitive therapeutic and drug development landscapes. read more

Source: VentureDeal

Genomatica Breakthrough Replaces Petroleum With Sugar in Major Chemical Process

2008-09-17T08:08:00.006-07:00

San Diego-based Genomatica Inc., a sustainable chemical company, has proven a novel bio-manufacturing process capable of producing thousands of tons of a commodity chemical in a single facility. The foundational chemical, 1,4-butanediol (BDO), is a key raw material in the manufacturing of hundreds of plastic, rubber and fiber products. BDO has a worldwide annual production value estimated at more than $4 billion across the automotive, textile and consumer goods industries. read more

Source: Genomatica

AEHI Agrees to Negotiate Contract for Colorado Energy Park to Build Multiple Large Advanced Nuclear Plants and Joint Venture Other Renewable Energy So

2008-09-17T08:08:00.005-07:00

Alternate Energy Holdings, Inc. signed an agreement with a representative of the proposed Colorado Energy Park (CEP) southeast of Pueblo, CO to negotiate contracts on land and water rights for multiple large advanced nuclear reactors. The current CEP site is over 21,000 acres and is valued at $83 million, including substantial water use rights. CEP can host a mixed portfolio of renewable energy including solar PV and CSP, wind, biomass, small-hydro and nuclear. AEHI will seek a complement of multiple clean energy providers to fully utilize the large site and share the nuclear plant's transmission, water, road and rail infrastructure. When fully developed, CEP will help meet the state's and region's growing demand for electricity. At CEP, AEHI will help the US achieve energy independence, and meet the goal of increasing sources of green energy to reduce CO2 and toxic emissions from the global environment. The CEP as a merchant site should be able to wield power east of the Rockies as needed to meet demand. read more

Source: Alternate Energy Holdings, Inc.

China Bio Energy Holdings Group Announces Participation in the Merriman 5th Annual Investor Summit 2008

2008-09-17T08:08:00.004-07:00

China Bio Energy Holdings today announced that management will be participating in the Merriman 5th Annual Investor Summit 2008 at the Mark Hopkins InterContinental Hotel in San Francisco. Management's participation will consist of a presentation scheduled for Tuesday, September 16, 2008 at 11:45 a.m. local time as well as one-on-one meetings with investors.

Institutional investors who are interested in attending should contact their respective institutional sales representative at Merriman Curhan Ford, & Co. read more

Source: China Bio Energy Holdings Group

Renew Energy Resources, Inc. to Partner with The Doe Fund to Produce Bio-Diesel in New York City

2008-09-17T08:08:00.003-07:00

Renew Energy Resources, Inc. and The Doe Fund, Inc. (“TDF”) are pleased to announce that they have partnered in Legacy Oil (“Legacy”), a Renew Subsidiary, to bring a comprehensive Bio-Diesel conversion solution to New York City (“NYC”). Legacy will capitalize on Renew’s expertise in the Bio-Diesel industry and TDF’s ability to collect and deliver waste cooking oil and trap grease with constant quantity, quality and price through its RWA Resource Recovery program. read more

Source: Renew Energy Resources, Inc

Jatropha World Hamburg Conference Geared Toward Increasing Biofuel Potential

2008-09-17T08:08:00.002-07:00

Jatropha oil has long been heralded as an environmentally and socially friendly alternative energy source. However, as Jatropha moves closer to commercialization, better understanding of the Jatropha Curcas plant, proper plantation management for Jatropha expansion and Jatropha funding need to be addressed for Jatropha projects to perform at maximum productivity.

JatrophaWorld Hamburg 2008 will provide a platform for Jatropha investors, venture capitalists, financiers, government officials, agronomists and biodiesel producers from all four corners of the globe to discuss several key success strategies that include: read more

Source: Centre for Management Technology

Amelot Oil Barbados, Ltd. Meets With Barbados Government to Discuss the Future of Barbados Biofuel Production

2008-09-17T08:08:00.001-07:00

Representatives of Amelot Oil, a wholly owned subsidiary of Amelot Holdings, Inc. , met with members of the Barbados Investment and Development Corporation, or BIDC, the industrial development agency of the Barbados Government last week in Bridgetown, Barbados to discuss the future of Amelot's biofuel production in the country.

The BIDC requested to see proof of concept and the feasibility of Amelot's operations in Barbados. After last month's successful launch of Amelot's Barbados refining facility, management was given the opportunity to meet with top officials to present their business proposal. Plans presented to the BIDC included possible tax concessions on the importation of necessary equipment into the island; financial and non-financial incentives; and technical and engineering support from the BIDC and Barbadian Government. read more

Source: Amelot Holdings, Inc.

BioFuel Plants Hit Provisional Acceptance

2008-09-17T08:08:00.000-07:00

BioFuel Energy Corp. announced today that both of its 115 million gallons a year ethanol plants had met Provisional Acceptance, the first step in their final commissioning. The plants began production in June and have been undergoing performance testing since then. Provisional Acceptance is the first of three tests required under the Company's turn-key construction contracts with TIC (The Industrial Company). To pass, the plants had to operate at or above design capacity for seven days while meeting specified quality, efficiency and environmental standards. With Provisional Acceptance, operational control of the plants passed to the Company from TIC. A punch list of required repairs has been agreed upon with TIC and is being addressed. Full completion of the facilities along with final testing required under the construction contracts should occur within sixty to ninety days. read more

Source: BioFuel Energy Corp.

FirstService Expands Real Estate Services Division Into New York

2008-09-16T06:21:00.000-07:00

FirstService Corporation today announced that it has entered into a definitive agreement to expand its global real estate services platform by acquiring a 65% interest in New York-based GVA Williams Real Estate, with senior management retaining the balance of equity. The terms of the transaction were not disclosed. All dollar amounts noted are in U.S. dollars. The transaction is expected to be completed by the end of September, 2008 at which time GVA Williams will be re-branded as Williams Real Estate, a FirstService Company. read more

Source: FirstService Corporation

Reznick Group Launches Reznick Capital Markets; Expands Services for Real Estate Clients

2008-09-16T06:18:00.000-07:00

Reznick Group, P.C., a top 20 national CPA firm with extensive experience in real estate, announced today that it was forming Reznick Capital Markets, LLC to expand its services for real estate clients. A wholly owned subsidiary of Reznick Group, the new company will serve the debt and equity needs of clients in the capital markets. In doing so, Reznick Capital Markets will provide services for a wide variety of transactions ranging from joint venture funding for commercial and mixed use portfolios to single developments requiring capitalization. read more

SOURCE Reznick Group

Sutter Gold Appoints New President and CEO

2008-09-16T05:56:00.000-07:00

Sutter Gold Mining Inc. is pleased to announce that Mr. Clayr Alexander, has been appointed as President and CEO of the Company. Hal Herron will continue as the Company's President and CEO until Mr. Alexander joins the Company full time at the end of October.

Mr. Alexander is a mining engineer and senior mining professional with over 30 years experience in virtually all aspects of the mining industry from mine permitting and development to project construction and operations. He has spent 20 years in senior technical and later management positions with Stillwater Mining Company, and has served as an independent consultant. Most recently, with Kinross Gold Corporation, he played a key role in the timely development and construction of the Kupol mine in Far East Russia as Deputy General Manager. read more

Source: Sutter Gold Mining Inc.

International Gold Mining Expands Its Mkiwa Uranium Anomaly

2008-09-16T05:45:00.000-07:00

INTERNATIONAL GOLD MINING LIMITED is pleased to advise the market that the company has encountered further exploration success at its uranium project located in the Bahi / Manyoni uranium province in the East African Republic of Tanzania. As reported in earlier announcements the company had identified two surface uranium mineralized anomalies that were approximately three kilometers apart. The company had suspected the two anomalies to be connected, but until now the ground in between had remained untested. read more

Source: International Gold Mining Limited

GBS Gold International Inc.: Appointment of Voluntary Administrators to Australian Subsidiaries

2008-09-15T08:50:00.000-07:00

GBS Gold International Inc. reports that its indirect wholly-owned subsidiary, GBS Gold Australia Pty Ltd ("GBS Australia"), has today appointed Mr. Andrew Saker, Mr. Darren Weaver and Mr. Martin Jones of Ferrier Hodgson as joint and several Voluntary Administrators of GBS Australia and its Australian subsidiary entities.

The appointment of the Administrators is required under Australian law following the recent degradation of GBS Australia's financial position and places control of the Australian subsidiaries in the hands of the Administrators. Claims of creditors are delayed with the principal aim of allowing the Australian subsidiaries to be restructured and recapitalized with a view to being able to continue their business. read more

Source: GBS Gold International Inc.

Sterling Mining Company to Host a Shareholder Reception

2008-09-15T08:48:00.000-07:00

Sterling Mining Company today announced it will be hosting a shareholder reception for Friday, September 19, 2008 from 9am to 11am at the Coeur d Alene Inn Best Western, Room 106, located at 414 W. Appleway Ave, Coeur d'Alene, ID.

Shareholders are invited to attend and discuss recent developments within The Company. read more

Source: Sterling Mining Company

Prize Mining Corporation: East End Test Blocks Now Being Processed, Yellowjacket Zone, Atlin Gold Property, BC

2008-09-15T08:44:00.000-07:00

Prize Mining Corporation is pleased to announce that excellent progress continues to be made on processing of a 10,000 tonne gold-rich bulk sample from the Yellowjacket Zone of its Atlin Gold Property, BC. Currently, the 12th sample block (blocks average just under 250 tonnes each) is being processed, and the 13th block is being screened and crushed in preparation for processing. During the past week two sample blocks (A33 and A21) from the central area of the pit were processed. At this time, processing is underway on block A68 which comes from near the east end of the 70 metre long extraction pit. A second block (A62), also from the east end, is currently being prepared for processing. read more

Source: Prize Mining Corporation

Wallbridge Mining Discovers Porphyry Gold-Copper Mineralization on BC Property

2008-09-15T08:42:00.000-07:00

Wallbridge Mining Company Limited has discovered mineralization within three target areas on their Rogers Creek copper-gold-molybdenum property, in south-western British Columbia approximately 40 kilometres south of Pemberton. The first two targets are defined within a 6 by 2 kilometre area of alteration and gold-copper mineralization with samples in quartz-sulphide veins returning up to 23.1 grams per tonne gold and 232 grams per tonne silver. The third target is defined by silt samples returning highly anomalous gold and silver values up to 2.3 grams per tonne gold and 436 ppb silver. The style of mineralization and alteration is consistent with a porphyry copper-gold-molybdenum system. read more

Source: Wallbridge Mining Company Limited

Kirkland Lake Gold Reports Financial Results Fiscal Q1 2009

2008-09-15T08:40:00.000-07:00

Kirkland Lake Gold Inc. , an operating and exploration gold mining company located in Ontario, Canada, has announced its first quarter results for the three months ended July 31st, 2008.

Financial highlights for fiscal Q1 2009

- Gold revenues were $8.0 million, a 29% decrease compared to the same quarter in fiscal 2008 (2008: $11.3 million).

- Gold production was 9,193 ounces in the quarter, a decrease of 35% compared to the previous quarter (Q4/08: 14,090) and a 30% decrease compared to Q1/08 (13,204 ounces). This was a consequence of lower than forecasted grades and tons being realized within the existing mine due to above normal seismic activity in one area of the mine necessitating a change to our planned production schedule. read more

Source: Kirkland Lake Gold Inc.

U.S. Precious Metals Announces Proven Gold, Silver and Copper Reserves Found in Mexican Mining Concession

2008-09-15T08:38:00.000-07:00

U.S. Precious Metals, Inc. , CEO and Chairman of the Board, M. Jack Kugler, announced today, that the results of the drilling campaign initiated in February 2008, have determined that there are proven and probable reserves in USPR's mining concession in Southern Michoacan, Mexico. Mr. Kugler stated that he is extremely pleased with the results thus far, and is quite optimistic as the drilling campaign continues. read more

Source: U.S. Precious Metals, Inc.

Excel Gold Mining Inc. Announces that the transfer of the Montauban property has been completed

2008-09-15T08:36:00.000-07:00

Excel Gold Mining Inc. announces that it has successfully completed the transfer of all 117 claims that were included in the Montauban Property transaction.

Montauban is renowned for its highly prospective gold, silver, zinc and lead minerals. It is located in the Low lands of the province of Quebec near the town of Batiscan. The region is also renowned for its high grade potential of large hydrocarbon deposits. The property is comprised of 117 claims covering an area of 4,603 hectares of ground with a very good discovery potential. read more

Source: EXCEL GOLD MINING INC.

BlueFire Ethanol to Present at the Scandinavian Renewable Energy Forum

2008-09-15T08:24:00.000-07:00

BlueFire Ethanol Fuels, Inc. , a company changing the world's transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, has been invited to present at the Scandinavian Renewable Energy Forum ("Scan-REF") on October 1-2, 2008 in Oslo, Norway.

BlueFire Ethanol Chairman and CEO Arnold Klann is scheduled to make a presentation to the general session at 9:40 a.m. CEST (3:40 a.m. Eastern Time), as well as participate in several meetings with analysts, institutional investors and top executives in the renewable energy field throughout the day. read more

Source: BlueFire Ethanol Fuels, Inc.

Grass to Gas; Soybeans to Car Seats and Oilseed to Bio-Oil

2008-09-15T08:22:00.000-07:00

Canadian industrial biotechnology companies and researchers will present their world-leading technologies to an anticipated record crowd of over 400 attendees at this week’s BIO Pacific Rim Summit on Industrial Biotechnology and Bioenergy in Vancouver, co-hosted by BIOTECanada.

“This is the first time this summit is being held in Canada and the interest and attendance is exceeding all expectations.” said BIOTECanada President and CEO, Peter Brenders. “Industrial biotechnology is pioneering environmentally-responsible manufacturing processes and innovative consumer products. read more

Source: BIOTECanada

Raven Biofuels Chief Technology Advisor Addresses Pacific Rim Summit on Industrial Biotechnology & Bioenergy

2008-09-15T07:50:00.000-07:00

Raven Biofuels International Corporation ("Raven" or the "Company") is pleased to announce the participation of renowned biofuel authority Dr. Irshad Ahmed at the Pacific Rim Summit on Industrial Biotechnology and Bioenergy taking place in Vancouver, Canada this week (www.bio.org/ind/pacrim/08). Dr. Ahmed will be addressing the summit on Cellulosic Ethanol: Commercialization Assessment of an Emerging Industry and Life Cycle Assessment of Biofuels. read more

Algenol Biofuels Further Strengthens Team With Key Appointments

2008-09-15T07:48:00.000-07:00

Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the continued growth of the company with the appointments Greg Schlicht as Senior Vice President of Business Development and General Counsel and Dax Denman as Senior Program Manager. Mr. Schlicht will be working with Algenol's partners to commercialize the Algenol process and will oversee select corporate legal matters for the Company. He joins the company from VeraSun Energy where he was part of the company's executive team as senior vice president, general counsel and corporate secretary. read more

Freedom Environmental Services, Inc Selected by McDonald's(TM) Franchisees to Collect Liquid Waste Destined for Biofuel Production

2008-09-15T07:46:00.000-07:00

Michael S. Borish, Chairman and Chief Executive Officer of Freedom Environmental Services, Inc. (Pink Sheets: FESI - News) announced today the execution of a contract with McDonald’sTM Corporation franchisees that provides for FESI to collect and dispose of liquid waste products, including grease, from multiple franchise sites beginning in Florida. read more

Learn about the World Rechargeable Batteries Market

2008-09-15T07:39:00.000-07:00

This report analyzes the worldwide markets for Rechargeable Batteries in US$ Million. The major product segments analyzed are Nickel-Cadmium, Nickel-Metal Hydride, Lithium Ion, and Lithium Ion Polymer. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Middle East. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-years historic analysis is also provided for these markets with annual market analytics. read more

Biofuel production facility to be located in Baltimore, Maryland

2008-09-15T07:36:00.000-07:00

Renewable fuels provider, New Generation Biofuels Holdings, Inc. , today announced the signing of a site lease and a terminaling services agreement to locate their first commercial scale biofuel manufacturing plant at the port location of Atlantic Terminaling in Baltimore, Maryland. Based on current projections of sales and timing to complete financing, New Generation Biofuels (NGB) expects to complete construction of the first 25 million gallon per year facility in the first quarter of 2009 and to launch production shortly thereafter. Once completed, NGB expects the facility to have a production capacity of up to 50 million gallons of second-generation biofuel a year to serve potential customers in Maryland and the mid Atlantic region. read more

QLT completes Cdn$65.5 million real estate transaction

2008-09-02T22:23:00.000-07:00

QLT Inc. , announced today the closing of its previously disclosed agreement to sell the land and building comprising its corporate headquarters and the adjacent undeveloped parcel of land in Vancouver, British Columbia to Discovery Parks Holdings Ltd., in its capacity as trustee of Discovery Parks Trust and Discovery Parks Trust 2 ("Discovery Parks"), for Cdn$65.5 million. In conjunction with the sale, QLT has entered into a five-year lease with Discovery Parks for approximately thirty percent of the facility and will provide two-year 6.5% interest-only second mortgage vendor financing in the amount of Cdn$12 million. read more

Source: QLT Inc.

Using recycled and re-purposed items for 'green' home staging

2008-09-02T22:21:00.000-07:00

In a real estate market where there is a lot of inventory and buyers have many options to choose from, it is important to make your home stand out from the sometimes 10 other homes that buyers have seen that day. Like many homeowners selling during this buyers market, Altadena homeowners Andre and Shami are "staging" their home, except with an eco-friendly twist.

How? Almost every piece of furniture and artwork has been salvaged, re-purposed or made of recycled materials. All other pieces are constructed of organic and natural materials that were made in an environmentally friendly manner. read more

Source: MindEarth

Julia H. Terry Joins Jones Walker's Real Estate Practice

2008-09-02T22:17:00.000-07:00

The law firm is pleased to announce that Julia H. Terry has joined the firm as a special counsel in the Real Estate Practice Group. She will practice from the firm's New Orleans office.

Prior to joining Jones Walker, Ms. Terry served as Vice President and Underwriting Counsel for First American Title Insurance Company's National Commercial Services (NCS) Division in Atlanta. read more

Source: Jones Walker

Xinyuan Real Estate Co., Ltd. Announces Second Quarter and First Half 2008 Results

2008-09-02T22:15:00.000-07:00

Xinyuan Real Estate Co., Ltd. , a fast-growing residential real estate developer with a focus on strategically selected Tier II cities in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2008. read more

Source: Xinyuan Real Estate Co., Ltd.

Real Estate Expo Announces Middle East Tour

2008-09-02T22:12:00.000-07:00

Real Estate Expo (www.realestateexpo.us) will shift into action in October of 2008 with its Middle East Tour. This international Real Estate Show is currently one of the only venues that offers its participants the opportunity to meet and speak with international investors from the Middle East in these exclusive receptions.

"Abu Dhabi, Kuwait and other Persian Gulf countries flush with oil revenue have taken advantage of falling prices to invest in real estate and financial companies in the U.S. Middle Eastern investors have spent $1.8B this year on commercial property in the U.S., more than other international buyers."-- Real Capital Analytics Inc. read more

Source: Real Estate Expo

Sterling Mining Company and Minco Silver Corporation Agree Not to Proceed with Business Combination

2008-09-02T21:37:00.000-07:00

Sterling Mining Company and Minco Silver Corporation ("Minco") today announced they have agreed not to proceed with the business combination previously announced on July, 23, 2008. The Board of Directors of Sterling Mining Company will continue the strategic review process announced on June 4, 2008. read more

Source: Sterling Mining Company

NovaGold Sells Ambler Project and Early Stage Base Metal Properties to Mantra Mining For $20 Million in Shares

2008-09-02T21:34:00.000-07:00

NovaGold Resources Inc. , today announced that it has reached a binding agreement to sell its interest in the Ambler Option Agreement, representing up to a 51% interest in the Ambler copper-zinc polymetallic project, along with its early stage base metal properties in Alaska for $20 million in common shares of Mantra Mining Inc. (CDNX:MAN.V - News). Under the agreement Mantra will issue 6.25 million common shares having a current market value of $10 million to NovaGold on closing of the transaction, with an additional 6.25 million common shares to be issued to NovaGold on or before 15 months from the date of closing. Mantra has also agreed to reimburse NovaGold for up to $2 million for all direct expenditures incurred by NovaGold on the Ambler Project from June 1, 2008 up to the date the transaction is closed. Under the Ambler Option Agreement, NovaGold would have been required to make an additional investment of US$7 million to earn its interest in the project. read more

Source: NovaGold Resources Inc.

Canadian Mining Inherits Significant Infrastructure from Past Producer Penoles

2008-09-02T21:32:00.000-07:00

Mr. Ray Paquette CEO is pleased to report the Company has acquired the October 1981 Geological Report written for Penoles on the El Gochico mine now optioned by Canadian Mining. This report has provided the Company with a wealth of historical data and has provided direction for the Company's exploration program. Penoles is the second largest Mexican mining company, the first Mexican producer of gold, zinc and lead and the world leader in silver production. read more

Source: Canadian Mining Company Inc.

Amazon Reports Q2 Results and Company Update

2008-09-02T21:29:00.000-07:00

Amazon Mining Holding Plc (TSX-Venture: AMZ) announced today its unaudited interim consolidated financial statements for the three and six-month period ended June 30, 2008. Reports indicated for the three-month period ended June 30, 2008 the net loss increased substantially to (pnds stlg)2,205,719 from a loss of (pnds stlg)43,941 compared to the three-month period ended July 31, 2007. For the six-month period ended June 30, 2008 the net loss increased to (pnds stlg)2,666,426 from a loss of (pnds stlg)130,210 compared to the six-month period ended July 31, 2007. The loss widened during Q1-2008 due to the commencement of active exploration activities late in December 2007. read more

Source: Amazon Mining Holding Plc

Andean American Mining Reports First Quarter Financial Results

2008-09-02T21:26:00.000-07:00

Andean American Mining Corp. The Board of Directors of Andean American Mining Corp. reports on its Consolidated Interim Financial Statements and Management Discussion and Analysis for the quarter ended June 30, 2008. During the Quarter, the Company strengthened the focus of its resources on the development of the Invicta Project and the progressive exploration at the Sinchao property. At the Santa Rosa mine, there continues to be a lack of support for mining from the Virundo community and so production will continue to diminish. Management has reviewed the carrying value of the Santa Rosa mine and determined that it should be written down to a nil value. read more

Source: Andean American Mining Corp.

Jasper Mining Corporation amends expiration date of share option grants

2008-09-02T21:22:00.000-07:00

Jasper Mining Corporation (the "Company") amends the expiration date for the grant of share options to certain of its directors, officers, employees, qualified advisers and consultants announced on July 23, 2008. The Company will issue share options in the total amount of 1,275,000 common shares at an exercise price of $0.30 per share. The amended expiry date of the share options will be September 2, 2013, or such earlier expiry date as the Company and regulatory authorities may approve. read more

Source: Jasper Mining Corporation

Wallbridge Mining Announces Closing of Second Tranche of Private Placement

2008-09-02T21:20:00.000-07:00

Wallbridge Mining Company Limited is pleased to announce that it has completed a second tranche of a non-brokered private placement of an aggregate of 1,800,000 units in the capital of the Corporation (the "Units") at $0.27 (Canadian) per Unit raising aggregate proceeds of $486,000 (collectively, the "Offering"). The Corporation will use approximately 30% of the funds raised to accelerate the pace of work on its Rogers Creek porphyry copper-gold project in southwestern BC and approximately 70% of the funds raised on its Ontario projects. read more

Source: Wallbridge Mining Company Limited

XsunX Launches Turning Renewable Energy Into Renewable Revenues Initiative and Garners First 100kW Project

2008-09-02T21:16:00.000-07:00

XsunX, Inc. , a solar technology Company engaged in the build-out of its multi-megawatt amorphous thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, today provided an update to its business development initiative to utilize a portion of its future TFPV solar module manufacturing capacities for the construction of solar power fields.

In June of this year the Company announced efforts to develop business relationships directly with utilities working to meet renewable energy mandates and developers of Power Purchase Agreements "PPA". In July XsunX began participating in responding to requests for proposals from a targeted list of utilities and PPA opportunities located in the Western United States. read more

Source: XsunX, Inc.

Innergex Renewable Energy acquires rights in 18 hydro projects in B.C.

2008-09-02T21:10:00.000-07:00

Innergex Renewable Energy Inc. , announces it has completed its previously announced acquisition of a 66 2/3% interest in rights relating to 18 prospective hydroelectric projects representing an aggregate 200 MW of installed capacity located in the Lower Mainland of British Columbia (the "Projects"). The remaining 33 1/3% interest in the Projects remains held by Ledcor Power Group Ltd. ("Ledcor"). This acquisition reinforces the Corporation's position as one of the most important renewable energy developers in Canada, with an aggregate capacity of 2,273 MW in operation, development and prospective projects. read more

Source: Innergex Renewable Energy Inc.

Learn 'How to Green Your Company' at the Atlantic City Hospitality Trade Show Sept. 18th

2008-09-02T21:05:00.000-07:00

Businesses interested in learning how to effectively 'go green' and lower energy costs will benefit from 'Bet on Green,' How to Green Your Company, a free presentation by Harrah's Entertainment at the Atlantic City Hospitality Trade Show on Thursday, September 18, 2008, in the Mark Etess Arena of the Trump Taj Mahal.

In this special session, Ulrico C. Izaguirre, National Political Director and Eastern Division Regional Communications Director for Harrah's Entertainment, will offer guidelines on how to effectively green your property. Harrah's recently received the prestigious United States EPA Environmental Quality Award, and is the first casino company ever to do so. read more

SOURCE Atlantic City Hotel & Lodging Association

Yingli Green Energy Subsidiary Signs Five-Year US$50 Million Credit Facility Agreement with DEG and FMO

2008-09-02T21:02:00.000-07:00

Yingli Green Energy Holding Company Limited , one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that Baoding Tianwei Yingli New Energy Resources Co., Ltd (“Tianwei Yingli”), the Company’s principal operating subsidiary, has entered into a five-year credit facility agreement with DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”) and the Netherlands Development Finance Company (“FMO”).

Under the agreement, DEG and FMO have agreed to lend Tianwei Yingli up to an aggregate of US$50 million to support Tianwei Yingli’s capacity expansion, subject to certain conditions. read more

Source: Yingli Green Energy Holding Company Limited

XXL Energy Corp. Announces Acquisitions in the Green River Basin

2008-09-02T21:00:00.000-07:00

XXL Energy Corp. , announced today that it has completed two acquisitions of acreage (the "Acquisitions") in the Green River Basin of Wyoming. The Acquisitions were acquired in privately negotiated transactions from an arm's length publicly traded oil and gas company. Both of the Acquisitions included acreage that is contiguous to current acreage of the Company in the Greater Jade Area. Some of the acreage, in one of the acquisitions, falls within an Area of Mutual Interest with some of the Company's partners in the Green River Basin and will be offered to them as part of a previous agreement with those companies. After offering the acreage to its partners (and assuming the partners exercise their rights), XXL will have acquired over 7,000 net acres in the Green River Basin. XXL's acreage position in the Greater Jade Area will increase from 10,000 net acres to 17,000 net acres and XXL's overall Green River acreage position will increase from 28,000 net acres to 35,000 net acres. read more

Source: XXL Energy Corp.

"German White Biotechnology Platform" conference on 8 October within the scientific congress European BioPerspectives

2008-09-02T20:55:00.000-07:00

Although white or industrial biotechnology has been around for a considerable time, it has only recently begun to revolutionize industrial production. Nature’s toolset is being increasingly deployed in processes that help cut production costs such as energy and raw materials, as well as in the effective disposal of products and production waste. These are among the keynote themes to be addressed by experts on 8 October at BIOTECHNICA, Europe’s leading biotech event. The “German White Biotechnology Platform”, which features in the scientific congress European BioPerspectives, will be opened by Dr. Alfred Oberholz, board member of Evonik Industries AG and chairman of DECHEMA (German Society for Chemical Engineering and Biotechnology). read more

Source: BIOTECHNICA

Avantium Announces Master Services Agreement With Chevron Energy Technology Company

2008-09-02T20:51:00.000-07:00

Avantium announced today that it has entered into a master services agreement with Chevron Energy Technology Company for the application of high-throughput technologies in the development of catalysts in the oil and gas field.

Avantium specializes in high-throughput methodologies that enable scientists to conduct parallel experiments on a very small scale, under industrial conditions and at a very high speed. read more

Source: Avantium Technologies B.V.

EESTECH and AGL Energy Sign Agreement to use Australian Developed Technology to Provide Clean Energy from Waste

2008-09-02T20:49:00.000-07:00

EESTECH Inc. and AGL Energy Limited have signed an MOU to establish a demonstration project using EESTECH's patented Hybrid Coalmine Gas Technology (HCGT).

HCGT utilizes ventilated coalmine methane gas that would otherwise be vented to the atmosphere, as a fuel source to generate reliable, cost-effective and cleaner forms of energy. read more

Source: EESTECH Inc.

Head of Strategic Investments to Address Outlook for Investing in Clean Technology/Clean Energy

2008-09-02T20:47:00.000-07:00

Lois Quam, Head of Strategic Investments at Piper Jaffray, a global investment bank with a leading clean technology and renewable energy team, will deliver the keynote address at the 2008 NJ Clean Energy Conference on October 17 at the Jersey City Hyatt Regency, New Jersey Board of Public Utilities (NJBPU) President Jeanne M. Fox announced today.

As Head of Strategic Investments, Quam is responsible for the development of new business opportunities in the cleantech sector. Quam and her team work with global clients in clean technology, distributed power generation, ethanol/bio-fuels, fuel cells, solar power, wind and other alternative energy. read more

Source: New Jersey Board of Public Utilities

Energy Provider to Play Major Role in Educational Summit for Connecticut Businesses

2008-09-02T20:36:00.000-07:00

SUEZ Energy Resources NA, the retail energy business of SUEZ Energy North America, will be the signature sponsor for the Hartford Business Journal’s Business Energy Summit, an educational summit discussing the intricacies of the retail electricity market, on Sept. 11, in Cromwell, Conn. The event will allow business leaders to learn from the experts, and will provide information on many of the energy options now available to consumers.

As the signature sponsor, SUEZ Energy Resources will deliver opening remarks to kick off the summit and will offer two of its energy experts to educate the business community on the issues and solutions that are at the forefront of the industry today. read more

Source: SUEZ Energy Resources NA

Tampa facility recognized for proving excellence in environmental sustainability

2008-08-31T23:56:00.000-07:00

SERVIDYNE, INC. , a building performance efficiency and real estate company, is pleased to announce that its consulting relationship with a customer in Tampa, Fla. has resulted in a Leadership in Energy and Environmental Design – Existing Buildings (LEED©-EB) Green Building Rating System Gold Certification. This is the first building in Florida to receive this prestigious distinction.

Servidyne was hired in 2006 to manage the certification process to ensure that the upgrades to the existing infrastructure would meet the stringent LEED-EB Gold Certification standards. In this role, Servidyne developed sustainability policies for the facility, including standards for green site and exterior building management, erosion and sedimentation control, indoor air quality management, storm water management, and sustainable purchasing practices. read more

Source: Servidyne

Cityscape USA to Feature Emerging Market Exhibitors from Top Real Estate Companies Worldwide

2008-08-31T23:51:00.000-07:00

Cityscape USA will feature over 100 exhibitions from top real estate leaders, including Nakheel PJSC (UAE), the Tourism Development & Investment Company (TDIC), Larsen & Toubro (India) and the Panamanian Ministry of Economics and Finance (Panama). The exhibition takes place September 10-11 at the Jacob Javits Convention Center in New York City and will showcase unparalleled investment opportunities in emerging and US markets. read more

Source: Cityscape USA

Zurich Offers Information About Minimizing Hurricane Damage to Business Properties and Operations

2008-08-31T22:46:00.000-07:00

Zurich, a leading global property and casualty insurance provider, today offered information to business owners and managers on specific steps they can take to minimize damage to their property and operations as Hurricane Gustav approaches the Gulf Coast. read more

Source: Zurich Financial Services Group

BioFuel Announces Amendment to Credit Agreement

2008-08-31T22:23:00.000-07:00

BIOFUEL ENERGY CORP. announced today that its operating subsidiaries, which own and operate the Wood River and Fairmont ethanol plants, had amended their credit agreement. The amendment permits the subsidiaries' full access to their $20 million working capital facility and permits daily access to their revenue account, in each case solely for the purchase of corn, natural gas, chemicals, enzymes, denaturant and electricity. Previously, the subsidiaries had access to only $5 million of their working capital line and the ability to disburse their revenues only at the end of each month. As a result, the operating subsidiaries now appear to have sufficient liquidity to complete the commissioning of the ethanol plants. The Company's plants began commercial operations in June. They are expected to complete initial performance testing within the next two to three weeks. read more

Source: BioFuel Energy Corp.

Royal Gold to Present at the Merrill Lynch Canada 14th Annual Mining Conference

2008-08-30T23:05:00.000-07:00

ROYAL GOLD, INC. , the leading precious metals royalty company, announced today that management will present at the Merrill Lynch Canada 14th Annual Mining Conference in Toronto, Canada. The Merrill Lynch Conference is an invitation-only conference for institutional investors, mining analysts and the executive management of North American mining companies.

Tony Jensen, President and Chief Executive Officer, will address conference participants on September 4, 2008, at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time) in a presentation lasting approximately 25 minutes. The presentation will be available for viewing by accessing the Company's website under the Investor Relations/Presentations section. read more

Source: Royal Gold, Inc.

Excel Gold Mining Inc.: Details pertaining to the filing of the annual financial statements

2008-08-30T23:04:00.000-07:00

Excel Gold Mining Inc. will defer the filing of its annual financial statements, its annual management's discussion and analysis and the certification of the chief executive officer and chief financial officer required under Regulation 52-109 respecting certification of disclosure in issuers' annual and interim filings (the "Financial Documents") for the fiscal year ended April 30, 2008. Pursuant to Regulation 51-102 respecting continuous disclosure obligations, the filing of the Financial Documents should have been made today at the latest. read more

Lundin Mining Corporation: Tenke Contract Review Reports

2008-08-30T22:56:00.000-07:00

Lundin Mining Corporation today advised that it is aware of newswire reports of comments attributed to various Democratic Republic of Congo officials regarding the Tenke Project. The Company has received no official notification of any change in government attitude and is investigating.

On February 19, 2008, the Company received a letter from the Ministry of Mines, Government of the Democratic Republic of Congo pertaining to the review of mining contracts in the country. read more

Source: Lundin Mining Corporation

International Millennium Mining Corp.: 2nd Quarter 2008 Report

2008-08-30T22:51:00.000-07:00

International Millennium Mining Corp. announces the release of its 2nd Quarter financial statements and MD&A (the "Quarterly Report") for the six months ended June 30, 2008 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. read more

Source: International Millennium Mining Corp.

Yingli Green Energy Marks 10th Anniversary of Tianwei Yingli

2008-08-30T22:45:00.000-07:00

Yingli Green Energy Holding Company Limited , one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today celebrates the 10th anniversary of Tianwei Yingli New Energy Resources Company Limited, the Company’s principal operating subsidiary, which was formed in 1998.

From this starting point, the Company has evolved to become a major player in the PV industry, designing, manufacturing and selling PV modules and designing, assembling, selling and installing PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. read more

Source: Yingli Green Energy Holding Company Limited

Promise Technology Is Committed to Increasing Energy-Efficiency in the Data Center

2008-08-27T18:57:00.000-07:00

Promise Technology, a global innovator of enterprise-class RAID storage technologies, today announced its membership in The Green Grid, a global consortium dedicated to advancing energy efficiency in data centers and business computing ecosystems. Promoting the adoption of energy efficient standards, processes, measurements and technologies, The Greed Grid is comprised of an interactive body of members who share and improve current best practices around data center efficiency. The Green Grid's scope includes collaboration with end users and government organizations worldwide to ensure that each organizational goal is aligned with both developers and users of data center technology. read more

Source: Promise Technology

Asgard Publishes "Green" Calendars Featuring Vintage Super Heroes, College Football and MAD Magazine Covers

2008-08-27T18:55:00.000-07:00

If you have a college football or comic book fan in the house (who also cares about the environment), Asgard Press has come to the rescue with the ideal “green” products for the gift-giving season.

Their eco-friendly, archival-quality calendars for 2009 include Vintage DC Comics Super Heroes, Vintage MAD Magazine, and Vintage College Football. read more

Source: Asgard Press