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Cummins and Olayan Form Middle East Joint Venture
March 30, 2016
Cummins Inc. and The Olayan Group have joined to form Cummins Arabia, a 50:50, three-country distribution joint venture company in the Middle East. This joint venture consolidates the distribution of Cummins products in the United Arab Emirates (UAE), Saudi Arabia
Korab Resources Secures $6 Million to Develop Its Winchester Magnesium Carbonate Project, Australia
March 30, 2016
Korab Resources Ltd has arranged funding of $6 million to develop its Winchester magnesium carbonate project in the Northern Territory and bring it to first production of raw magnesium carbonate. A binding agreement has been signed with Mr. Hong Wang
Newcrest to Acquire Cape Lampert’s Cote D’Ivoire Tenements, West Africa
March 30, 2016
Australian resource and investment company, Cape Lambert Resources Ltd has agreed to sell its tenements in the Cote D’Ivoire to Newcrest Mining Ltd for US$332,500 plus a royalty. Cape Lambert executive chairman, Tony Sage said: “I am pleased that we
ENPAR Enters Sales, Marketing Agreement With CHEMSBRO for Water Treatment Technologies, Saudi Arabia
March 30, 2016
ENPAR Technologies Inc. has granted CHEMSBRO of the Kingdom of Saudi Arabia (KSA) an exclusive agency agreement for the Gulf Cooperation Council (GCC) countries and other strategic territories in the Middle East. With the recent validation of ENPAR’s water treatment
Salt Lake Potash Raises $8.4 Million to Advance Lake Wells Sulphate of Potash, Western Australia
March 30, 2016
Salt Lake Potash Ltd has received strong demand from strategic and institutional overseas investors, further to the $5.2 million placement to Australian investors announced on March 23, 2016. The company will now raise circa $8.4 million at $0.32. Proceeds from
Kombat Copper Progresses Towards Production at Kombat Mine, Namibia
March 30, 2016
Kombat Copper Inc. is progressing towards production at the Kombat Mine. Kombat Copper’s local mining contractor, EBM Mining Namibia (Pty) Ltd., has been active at the mine site and have identified which activities and tasks are necessary to recommence mining
Antipa Minerals Moves Ahead at Citadel Project with RioTinto Farm-in, Western Australia
March 30, 2016
Antipa Minerals Ltd is moving ahead with extensive induced polarization (IP) electrical geophysical survey at the Citadel Project in Western Australia, which is fully funded by Rio Tinto Exploration Pty Ltd. The Citadel Project, covering 1,335 square kilometers is located
Silver Mines Raises Funds to Acquire Kingsgate’s Bowdens Silver Project, New South Wales
March 30, 2016
Silver Mines Ltd received firm commitments totalling $2.25 million through a share placement plan to fund the initial deposit of $1.8 million to be paid to Kingsgate Consolidated Ltd for acquiring the Bowdens Silver Project in Lue, New South Wales.
Dark Horse Resources Raises Funds to Develop Its Coal-fired Power Station, Argentina
March 30, 2016
Dark Horse Resources Ltd , formerly known as Navaho Gold, has raised $515,366 at $0.004 per share, for the development of its coal fired power station project in Argentina. The capital raising was carried out as a private placement to
Lithium Americas and SQM Enter $25 Million JV to Develop Cauchari-Olaroz Lithium Project, Argentina
March 29, 2016
Lithium Americas Corp. and Sociedad Quimica y Minera de Chile S.A. (SQM) have agreed to enter into a 50/50 joint venture on the Cauchari-Olaroz lithium project in Jujuy, Argentina. The joint venture will go into effect following a capital contribution
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