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Company Announcements

The articles on this page are not written by Creamer Media, but are supplied media statements.

Company Announcement: Q2 results preview: record quarterly profit expected

10th August 2007 / MEDIA STATEMENT / We expect First Quantum to report this afternoon record quarterly net profit in Q2 of US$168m, equating to EPS of 249c. This is more than double Q1 EPS of 116c, the increase being driven by the assumption of more favourable operating conditions, and a significant rise in LME copper prices to an... 

Company Announcement: GTI Resources set for AXS Listing

10th August 2007 / MEDIA STATEMENT / Former Legend Mining founder, Murray McDonald, mining executive Greg Down and geologist Ian Cowden have teamed up at newly formed Australian exploration company GTI Resources Ltd (ASX Code: GTR), which is set to list on the Australian Securities Exchange this week following a successful $4... 

Company Announcement: Redfork well spudded Oklahoma Holdings reach 30 000 gross acres

10th August 2007 / MEDIA STATEMENT / The Directors of Red Fork Energy Limited (�Red Fork� or the �Company�) are pleased to announce that the, Redfork #4-28 Well, was spudded at 2.05pm (Central Time) on 8 August 2007. This well will be drilled to a total depth of 1,400 feet and completion work will begin early next week.  

Company Announcement: High grade gold disclosed during Nolan Lode exploration program

10th August 2007 / MEDIA STATEMENT / Silverado announces that backhoe trenching during the continued exploration of the five-mile long Solomon Shear zone on it�s Nolan Gold Mine located 280 miles North of Fairbanks, Alaska, has disclosed a 16.4 foot (5 m) continuous chip sample grading 5.22 ounces per ton (179 grams) gold, and... 

Company Announcement: Newcastle announces private placement

10th August 2007 / MEDIA STATEMENT / Newcastle Minerals pleased to announce that it has negotiated, subject to regulatory approval, a non-brokered private placement consisting of up to 1,500,000 flow-through shares at a price of $0.14 per shares, and 1,500,000 non-flow-through units at a price of $0.14 per unit to qualified... 

Company Announcement: PSV and Vunani partnership set to take PSV to new heights

8th August 2007 / MEDIA STATEMENT / PSV Holdings Limited is excited to announce that the Black Economic Empowerment deal, that was signed on 24 May 2007, with Vunani Capital Limited, whereby Vunani will become PSV�s 25.67% BEE partner, has been unanimously approved by shareholders at a shareholders meeting held on 2 August 2007. 

Company Announcement: Pelawan's Women Shareholder Groups set to use mining for development

8th August 2007 / MEDIA STATEMENT / he status of women representation in the mining sector will come under the spotlight in August as this period marks the 10th Anniversary of women in mining. For Pelawan Investments (Pty) Ltd, a broad based, 100% black owned company, 42% of its business is already in the hands of its women... 

Company Announcement: Workers give go-ahead for strike at coalmines

8th August 2007 / MEDIA STATEMENT / Solidarity members have instructed the trade union to serve strike notices on coalmines that negotiate under the banner of the Chamber of Mines. This means that workers will officially go on strike from midnight on Sunday at the country�s largest coalmines, including Anglo Coal, Xstrata, Optimum... 

Company Announcement: Stability Agreements for Monterrico�s Peruvian subsidiaries

8th August 2007 / MEDIA STATEMENT / Monterrico is pleased to announce that the Government of Peru has issued a Ministerial Resolution to approve two Stability Agreements which will be entered into with Monterrico's Peruvian subsidiaries: Rio Blanco Copper Limited and Minera Majaz S.A. The agreements will be signed shortly by... 

Company Announcement: What Strategies SA Industries have, to Combat Oxide Emissions?

8th August 2007 / MEDIA STATEMENT / Coal currently supplying South Africa�s major energy needs will remain in abundant supply well into the 21 century. It is therefore clear that coal resource constraints will not be the driver of emissions reductions in the foreseeable future. 

Company Announcement: Randgold Resources Results Transcript

8th August 2007 / MEDIA STATEMENT / Results for the second quarter and six months ended 30 June 2007 

Company Announcement: Implats - wage settlement

8th August 2007 / MEDIA STATEMENT / Impala Platinum Holdings Limited (Implats) and its operating subsidiaries Impala Platinum Limited (Impala) and Marula Platinum (Marula) are pleased to announce that they have reached a two-year settlement on wages with the National Union of Mineworkers (NUM) and the United Associations of South... 

Company Announcement: Weba Chute systems goes to great heights at Letseng

8th August 2007 / MEDIA STATEMENT / Weba Chute Systems is achieving great heights at the privately owned Letseng diamond mine, having clinched an order to supply four more Weba Chutes to the world�s highest diamond mine. Situated in Lesotho, Letseng is about three kilometres above sea level. 

Company Announcement: Shield Mining expands copper interests to Madagascar

8th August 2007 / MEDIA STATEMENT / Australian company, Shield Mining Limited (ASX:SHX) is expanding its African copper interests under an agreement announced today to explore on the island of Madagascar off the east coast of Africa. 

Company Announcement: Government of Quebec confirms that Rio Tinto�s offer for Alcan meets all of the requirements of the Continuity Agreement

8th August 2007 / MEDIA STATEMENT / Please find attached the following press release 'Government of Quebec confirms that Rio Tinto�s offer for Alcan meets all of the requirements of the Continuity Agreement' for the Rio Tinto Group as submitted to the London Stock Exchange. 

Company Announcement: Etruscan expands its strategic land positio nin ghana

8th August 2007 / MEDIA STATEMENT / Etruscan Resources Inc. announced today that its wholly owned Ghanaian subsidiary, Etruscan Resources Ghana Ltd.has entered into a joint venture with Haber Mining Ghana Ltd. 

Company Announcement: Murray & Roberts cementation surges ahead

8th August 2007 / MEDIA STATEMENT / The financial year ended June 2007 was good for Murray & Roberts Cementation, with the company reporting revenue growth of approximately 20% over the previous year. 

Company Announcement: DCD-Dorbyl mill shell for Zambian copper project

8th August 2007 / MEDIA STATEMENT / DCD-DORBYL Heavy Engineering Vereeniging has manufactured a 26 x 40.5 foot ball mill shell for FLS Minerals for the Lumwana copper project in Zambia. The company also clinched an ancillary contract to rubber-line the ball mill shell. 

Company Announcement: BHP Billiton assets to provide materials for Olympic medals

8th August 2007 / MEDIA STATEMENT / BHP Billiton today announced that raw materials mined in Australia and Chile will be used to produce the medals for the 2008 Olympic and Paralympic Games in Beijing, China. 

Company Announcement: Blyvoor uranium drilling results 'encouraging'

7th August 2007 / MEDIA STATEMENT / DRDGOLD Limited South African Operations (Pty) Limited (DRDGOLD SA), jointly owned by DRDGOLD (74%), Khumo Gold SPV (20%) and an employee empowerment trust (6%), today announced �encouraging� results from a recently completed drilling programme to define the uranium (U308) resource in its... 

Company Announcement: Handover of Mineral Separation Plant at Kenmare's Moma Mine

By: Creamer Media Reporter      7th August 2007 / MEDIA STATEMENT / Kenmare Resources announced today that it has issued a Taking-Over-Certificate for Phase 2 of the Moma Titanium Minerals Mine in northern Mozambique to the contractor building the project. 

Company Announcement: Foster Wheeler Awarded Feasibility Study by C.GEN for a Coal-Fired Power IGCC Plant

7th August 2007 / MEDIA STATEMENT / Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a feasibility study 

Company Announcement: Centamin Egypt Limited - Resource Upgrade

7th August 2007 / MEDIA STATEMENT / Please find attached a copy of the Resource Upgrade announcement released today. 

Company Announcement: Koffiefontein - Tender Results

7th August 2007 / MEDIA STATEMENT / Petra Diamonds Limited (�Petra�) announces the results of the first sales of diamonds from the Koffiefontein mine following the recent completion of the acquisition of the mine and associated assets from De Beers Consolidated Mines Limited. 

Company Announcement: Eland confirms Xstrata acquisition offer at 18% premium

7th August 2007 / MEDIA STATEMENT / The Board of Directors of Eland Platinum Holdings Limited (�Eland�) today confirmed its receipt of a cash offer by Xstrata South Africa (Proprietary) Limited (�Xstrata SA�), an indirectly wholly owned subsidiary of Xstrata plc (�Xstrata�), to acquire the entire issued ordinary share capital of... 

Company Announcement: Coffey Mining appoints a new regional manager for West Africa

7th August 2007 / MEDIA STATEMENT / Coffey Mining has appointed Vincent Morel to the role of regional manager for its West African operations. As well as supporting Coffey Mining/RSG Global�s existing clients, he will grow the business into new service areas, develop staff and build awareness of Coffey Mining and its capabilities... 

Company Announcement: MDM Engineering awarded full EPCM contract for uranium and gold plant construction at Ezulwini

7th August 2007 / MEDIA STATEMENT / MDM Engineering Limited announced today that the company has been awarded the full EPCM contract for the construction of both the gold and uranium metallurgical plants, and associated infrastructure, at First Uranium�s Ezulwini underground mining project. 

Company Announcement: Fitch Watch Negative for Harmony Gold: Trading Update/CEO Resignation

7th August 2007 / MEDIA STATEMENT / Fitch Ratings-Johannesburg/London-06 August 2007: Fitch Ratings has today placed South Africa-based Harmony Gold Mining Company Limited's (Harmony) Long-term Issuer Default rating (IDR) of 'BB+' and Short-term IDR of 'B' on Rating Watch Negative (RWN), following... 

Company Announcement: 'RC Drilling Intersects Further Mineralisation at Cheowa Copper-Gold Project'.

7th August 2007 / MEDIA STATEMENT / Zambezi Resources today released an announcement, 'RC Drilling Intersects Further Mineralisation at Cheowa Copper-Gold Project'.  

Company Announcement: Monitor sets initial uranium target at Kashkasu II project in Kyrgyz Republic & Plans to Commence Exploration

7th August 2007 / MEDIA STATEMENT / Australian based energy company Monitor Energy Ltd (�Monitor�, or �the Company�), along with its joint venture partner, Leopard Minerals plc, has announced an initial target of between 600 and 700 tonnes of U308 within the zone of mineralisation encompassed by the historical workings at the... 

Company Announcement: Global Resources fund backed by AMCI principals

7th August 2007 / MEDIA STATEMENT / Sundance Resources Limited (ASX: SDL) is pleased to announce that it has secured the backing of another key strategic investor to support its growth plans in the international iron ore industry following completion of a $10 million share placement comprising 25 million shares at 40 cents per... 

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