Australian-based international iron ore company Sundance Resources (ASX:SDL) is finally emerging from the shadow of the tragedy which wiped out its board of directors having appointed a new chief executive.
As the Pennsylvania Senate is poised to return to Harrisburg for its final three session days this year, Jan Jarrett, president and CEO of Citizens for Pennsylvania's Future (PennFuture) warned these public servants that "there's no excuse not to pass a drilling tax."
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company") announces that it has acquired approximately 520 claims 20,800 contiguous acres thru staking in the vicinity of Beaufield Resources Inc.'s ("Beaufield") Tortigny Prospect, approximately 125 kilometres northwest of Chibougamou, Quebec.
Treasurer Wayne Swan refused to release the figures and assumptions relating to the Minerals Resource Rent Tax (MRRT) despite a Senate order. He said that to do so would damage the economy and it would be grossly irresponsible. The Gillard government is standing by the Treasury estimated of the MRRT raising $10 billion from the mining sector.
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has submitted an Application for a Permit to Drill one exploration well in the Beaufort Sea in 2011.
AmeriLithium Corp. (OTC Bulletin Board: AMEL) is pleased to announce rough preliminary volume estimates of up to 26,000 tons of potential Lithium resource underlying the Company's Paymaster Canyon Lithium brine project in Nevada, USA.
Encore Renaissance Resources Corp. (TSX VENTURE:EZ), (FRANKFURT:OUH1), (PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company" (TSX VENTURE:EZ) reports the private placements for the sale of 13 million units, raising a total of $1.3-million, have been fully subscribed.
CAPELLA RESOURCES LTD. (TSX VENTURE:KPS)(PINK SHEETS:CPSJF) ("Capella" or the "Company") wishes to announce that it has closed its non-brokered private placement announced on September 16, 2010.
The first tranche of 10,000,000 flow-through shares ("FT Shares") at a price of $0.09 per FT Share closed on September 23, 2010. The FT Shares are subject to a 4 month hold period expiring on January 24, 2011.
Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) Employees at Breakwater's Toqui mine in southern Chile commenced a strike at the beginning of the day shift today after labour negotiations broke off late yesterday. Agreement could not be reached on several issues. At this time no estimates can be provided as to the effect, if any, this will have on production.
The Anschutz Exploration Corporation (AEC) announced today that it has entered into a definitive agreement to sell the Appalachian portion of its divestiture program to an undisclosed buyer.
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