joint venture company – News
Abacus Mining & Exploration Corporation is pleased to announce that it has completed the acquisitions contemplated under the Asset Purchase Agreement dated November 25, 2005, as amended with Teck Resources Limited pursuant to which certain assets of Teck’s former Afton mine, and most notably the Iron Mask and Rainbow back-in rights, were acquired. The APA provided for the sale by Teck to…
Construction Begins on Steel Mill Off-Gases to LanzaTech Ethanol Demo Plant
LanzaTech, China’s largest steel and iron conglomerate, Baosteel Group Corporation, and the Chinese Academy of Sciences (CAS) have launched the construction of a plant that will use LanzaTech’s gas fermentation technology for the production of fuel ethanol from steel mill off-gases. In February the clean technology company and the world’s third largest steel producer signed a joint venture agreement…
Silvercorp Closes Acquisition of BYP Gold-Lead-Zinc Mine in Hunan Province, China
Thursday, February 3rd 2011 
Silvercorp Metals Inc. is pleased to announce that it has received the necessary Chinese government approvals, including Chinese military clearance, to acquire a 70% equity interest in Yunxiang Mining Co. Ltd. (“Yunxiang”), a private mining company in Hunan Province, China. Yunxiang’s primary asset is the BYP Gold-Lead-Zinc mine (the “BYP mine”), located 220 km, or a 3…
Plexmar Resources Inc. Malin Plant Update
Thursday, January 20th 2011 
Plexmar Resources Inc. is pleased to announce that the Joint Venture Company operating the Malin plant has officially began the milling operations on January 10th,2011. Initially the plant is processing 3,500 metric tonnes of silver (6,9 ozs/ton Ag) and antimony (5,8% Sb) ores at a rate of 60 to 70 tonnes per day (tpd). Supply agreements are in place to provide up to 250 tpd of polymetallic ores. Due…
Tethys Petroleum Limited: Tajikistan Joint Venture Finalised
Thursday, December 31st 2009
Tethys Petroleum Limited announced that the joint venture relating to its Tajik projects previously announced in December 2007 has now been completed and that its interests in Tajikistan have therefore been transferred to its joint venture company Seven Stars Energy Corporation (“SSEC”). The completion of this deal had been waiting on the resolution of certain commercial and business issues…
Mexoro Minerals Repays $1 Million of Its Paramount Gold and Silver Debt
Mexoro Minerals announce that it has repaid two of its secured convertible debentures to Paramount Gold and Silver Corp. in the amount of $1,000,000. A third debenture has been renegotiated in the amount of $521,047 of which $393,547 is due on March 31, 2009 and the balance is due on April 30, 2009. In making the $1 million payment, Paramount has released its security on the Cieneguita properties allowing…
