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Latest Franklin Mining Inc. Stories

2009-10-20 07:44:00

LAS VEGAS, NV, Oct. 20 /PRNewswire-FirstCall/ - Franklin Mining, Inc. (Pink Sheets: FMNJ - News; FWB: FMJ) Chairman, William Petty and GDR Privee, Inc. Chairman, Charles Gregoire de Rothschild, have issued a joint statement in response to recent shareholder questions. Franklin currently holds interest in two Bolivian mining sites. In September 2007, Franklin was awarded an Escala Mina I concession in a joint-venture with COMIBOL (the National Mining Company of Bolivia) and Cooperativa Minera...

2008-11-13 12:00:17

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty is pleased to announce that the first of several plants scheduled for purchase as part of a recently approved capital equipment plan has been purchased and is expected to be delivered by December 5, 2008. "Our first 100 ton plant is expected to arrive at the Escala the first week of December. The site where the plant is to be erected has its electrical power and a water source in place. This first plant...

2008-11-12 12:00:22

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty has confirmed that the company's Bolivian joint-venture mining project anticipates accepting delivery of the first of several trucks during the week of November 24, 2008. Additional units will be received in following weeks. Manufactured by Volvo, fifteen ton trucks will be used to transport the Escala's stockpiled mined material to a nearby processing plant. "Multiple daily deliveries from the Escala to...

2008-11-06 09:00:29

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Speaking by telephone from Santa Cruz, Bolivia on Wednesday, November 5, 2008. Chairman and CEO William Petty briefed his Board of Directors and senior managers on recent progress made at Franklin's Bolivian joint-venture mining project. During the past 90 days, the Escala Mine's engineering team has completed more that 200 meters of crosscut and development tunneling revealing 25 commercially viable veins. Vertical attitudes of...

2008-10-21 09:00:37

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies. "E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing and allied industries on technical, economics, and strategic issues...

2008-10-20 09:00:28

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty released a special edition of his October 2008 Memo to Shareholders on Sunday, October 19, 2008. Discussing capital financing options available for Franklin's mine operation in Bolivia and pending GTL agreement in Argentina, Mr. Petty has advised shareholders that he has multiple options for each project. With its previously announced $1.6 million US budget, Franklin's COMIBOL joint venture at Bolivia's...

2008-10-14 12:00:23

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty will release his October 2008 Memo to Shareholders later today. In today's Memo, Mr. Petty tells shareholders, "Argentina needs local diesel fuel production resources. Tierra del Fuego has an abundant supply of natural gas. Franklin understands GTL technology. And the three combine to make a massive challenge and a great opportunity." Phase I of the GTL project in Argentina requires an 8 to 12-month...

2008-10-09 15:00:28

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) -- Speaking by telephone from his San Antonio, Texas office earlier today, Chairman and CEO William Petty discussed his plan for significantly increasing the scope and range of operations planned for Escala. Talking with potential financiers about expanding the capital budget of Franklin's Mining Division, "We're just now entering the second year of our joint-venture agreement at Bolivia's Mina Escala. And the growing worldwide...

2008-10-07 12:00:39

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty has returned from an extended trip to South America to complete the negotiations of a $1.6 million (USD) capital investment at the company's joint-venture Escala Mine operation in Southern Bolivia. Speaking by telephone from his San Antonio, Texas headquarters, Mr. Petty has explained to potential creditors, "The single greatest thing we've learned during our first year of operations at the Escala is that...

2008-10-01 12:00:22

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty announces that Dr. Jaime Arrancibia (General Manager, Franklin Mining, Bolivia) and Mr. Paul Baker (Mine Consultant) have returned to the Escala Mine to complete their final evaluation of the site selected for placement of the first large-scale processing plant. Franklin's recently approved $1.6 million USD capital plan provides for eight on-site plants. Each plant has a maximum 200 ton per day capacity....


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.