Nova Mining Corp. announced today that the Company has moved to secure valuable Lithium supplies by executing a Letter of Intent with Mongolian National Mining Consultants Limited (MNMC) for the exclusive right to purchase 100% of the Lithium produced from MNMC mining properties at a discount to market price. As part of the deal, Nova Mining will have the right to perform Due Diligence, prior to both parties negotiating a Definitive Mineral Production Agreement.
Even as emerging mining company GTSO Resources, a wholly owned subsidiary of Green Technology Solutions, works to develop new tungsten mining projects as far away as Africa, the company is also exploring a new way to extract rare and valuable minerals much closer to home through a process known as "urban mining."
Over the past 25 years, New York and New Jersey area BP station owners have provided over $2.5 million in scholarships to more than 1,700 promising students. This year, 185 local BP station owners will present a BP Fueling Communities grant donation of $100,000 that will provide 50 students with college scholarships for the 2012-2013 academic school year.
Superior Mining has announced that it has released the technical and geological report on its Mangalisa gold uranium project, which is located in the Free State Goldfield in the Witwaterrand Basin in South Africa.
Independence Energy has provided the geological information for its exploration at the Coleman South Lease Joint Development Project in which it acquired a 12.5% working stake recently. The company also holds the option of increasing its stake to 25.0% for the same.
Ecopetrol has announced that it has incorporated a wholly owned subsidiary named Cenit S.A.S which will specialise in the transportation and logistics of hydrocarbon in Colombia.
The thoughts of millions of ice hockey fans turned to silver this week - more specifically, to the nearly 35 pounds of silver in the National Hockey League's Stanley Cup, the century-old championship symbol of professional hockey. The Los Angeles Kings ultimately lifted high the iconic trophy made of sterling silver.
Liberty Gold Corp. is pleased to announce it has acquired a 60% interest* in the ~2,218-acre McCord Creek Property gold project in central Alaska's Tolovana Mining District. Liberty Gold will be the project's operator.
Kloeckner Metals, one of the leading metal distributors in North America, announced today that it will build a light gauge flat rolled processing center on a greenfield site in the Southeast. The facility will be located on-campus with ThyssenKrupp's' state-of-the-art carbon flat rolled mill in Calvert, AL. It is located in the extreme northeast corner of Mobile County near the Tombigbee River, along U.S. Route 43.
Glencore International plc ("Glencore") today announced that it has agreed with Canada's Minister of Industry to extend the review period of its proposed acquisition of Viterra, Inc. ("Viterra") by an additional 30 days past the initial review period, which will end on June 18, 2012. Glencore remains focused on achieving all regulatory approvals, including those under the Investment Canada Act, in time for the closing of the transaction which is expected to be by the end of July, 2012.
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