NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Mag Copper Limited announces that John Cullen has been appointed a director of the Company.

Mr. Cullen has over 25 years experience in public company financing, corporate/capital structuring and management. Following 15 years of investment brokerage experience, Mr. Cullen founded a number of public international resource companies, including CGX Energy Inc. and Candax Energy Inc. Mr. Cullen is a founder/board member of a number of oil and gas and mining enterprises.

In connection with the appointment, Michael Whitney has resigned as Director of the Company.

Shares Outstanding: 19,232,805

Mr. Jochen Tilk, President and Chief Executive Officer of Inmet Mining Corporation, will be speaking on Wednesday, June 22, 2011 at 9:00 a.m. Eastern Time at the RBC Capital Markets’ 5th Annual Global Mining & Materials Conference being held in Toronto, Ontario at the Le Méridien King Edward Hotel, 37 King Street East, in the Vanity Fair Ballroom on the second floor. You are cordially invited to listen to the webcast at http://www.wsw.com/webcast/rbc133/imn.to. Slides of the presentation will be available on Inmet’s website prior to the presentation. [Read more...]

Cabo Drilling Corp. is pleased to announce that Ber Alb SH A, which is part of the Ekin Maden Group located in Istanbul, Turkey, has awarded Cabo Drilling Corp. – Albania division, located in Tirana, Albania, a second phase underground drilling contract of 4,000 meters.

The original drill program, which consisted of 4,000+ meters of NQ drilling, was successfully completed by Cabo in December, 2010. The phase one drilling program was split between BerAlb’s Lac Rosh Mine and the Munella Mine, both of which are located in the northeastern Albania mountain region, within the administrative borders of Fush Arrez County in Puke Province. The second phase drill program drilling will be performed at the Munella Mine exclusively. [Read more...]

Andean American Gold Corp. is pleased to provide an update on its Invicta gold project, located in the mineral rich Western Pre-Cordillera of the Peruvian Andes.

Surface Land Use Agreements

Negotiations regarding the Surface Land Use Agreements are continuing with the local communities, though at a slower pace than anticipated due to the recent municipal elections in the area, which required the attention of community leaders. Andean has positive and constructive relationships with the local communities and is focused on completing these agreements as soon as possible. Most of the community agreements required to access the land for infrastructure development to support a mine at Invicta have been signed. [Read more...]

Formation Metals Inc. announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the “Company”) has provided Formation with an update on its 100% owned Idaho Cobalt Project (“ICP”). Pursuant to Formation’s news release dated April 6, 2011, the Company’s Project and Construction Managers JDS Energy & Mining Inc. (“JDS”), have now been fully integrated into the Company’s management, in-house and out-sourced engineering, technical and administrative teams at both the ICP’s mine site in Salmon, Idaho, and Cobalt Production Facility (“CPF”) in Kellogg, Idaho. The pre-construction activities on the ICP are continuing with site earth works scheduled to begin in late May, 2011. [Read more...]

Speaking at Wednesday’s annual Vectren Corporation shareholders’ meeting, President and CEO Carl L. Chapman discussed a number of industry issues facing Vectren and how the company is developing cost effective business strategies that will meet future challenges and at the same time protect its customers.

As additional energy regulations are developed, Vectren is positioned to not only comply, but is engaged on all levels working to develop reasonable outcomes for customers, Chapman said. [Read more...]

Who:Opportunities Australia – Engineering, Mining, Oil and Gas Recruitment Expo

What: News conference

When:Thursday, May 12, 2011 at 10:30 a.m.

Where: Delta Edmonton Centre Hotel – Victoria West Room 7thFloor (10222-102nd Street)

Why:Opportunity to speak with representatives from the Opportunities Australia – Engineering, Mining, Oil and Gas Recruitment Expo, including Rupert Merrick, International Sales Director, Working In Ltd, Royce Hort, VISA & Immigration Specialist, Jodie Fitness, Talent Sourcing Manager, Origin Energy, Peter Rodda, Clough and other Australian companies.

The Canadian inaugural Opportunities Australia – Engineering, Mining, Oil and Gas Recruitment Expo will be held in Edmonton on May 14-15, 2011 at theDelta Edmonton Centre Hotel and will provide a platform for engineering, mining, and oil and gas professionals to meet with Australia’s leading employers in their field. The Expo held in Calgary the previous weekend was an overwhelming success with over 1600 people attending the two-day event.

Employers will be on-site to interview, hire and offer sponsorships. Professional seminars will be conducted during the Expos to enable attendees to learn more about employment opportunities, exciting projects, working and living in Australia, and the process of moving “down under”.

The Expo features major industry players: BHP Billiton is the gold sponsor of the event and exhibitors include Caltex Australia, Origin Energy, Sinclair Knight Merz, Rio Tinto and Barmico, among others.

Additional information is available at www.expo-australia.com.