Metro Gold Mines Mineral Resources Inc. (Other OTC:MGMX.PK - News), a growing gold mining company engaged in the acquisition and development of production properties in South and Central America, announced that an internal geological study of its newly acquired La Esperanza mine has been completed.
The report confirms that La Esperanza contains measured resources of 800,000 [...]

The Tasmanian Government has granted five new mineral exploration licences in the state’s west and north.
Sydney-based company Manasia Holdings has applied for three licences to look for gold, nickel and base metals, near Beaconsfield, at the Yolande River near Queenstown and east of Savage River.
Rubicon Mintech Ventures will explore for minerals at Hangmans creek, near [...]

Australian energy, farm and mineral export earnings are set to jump 16 per cent to a record 143 billion dollars (104 billion US) in the year to June 2007, a government agency has said.
The Australian Bureau of Agricultural and Resource Economics (ABARE) said energy exports should rise to some 47.9 billion dollars from 41.2 billion [...]

Birch Mountain Resources Ltd. (TSXV:BMD) says an independent report has put a value of $1.66 billion on its Hammerstone mineral project in the Alberta oilsands.
The valuation was done by AMEC Americas Ltd. for the project in the Athabasca region, Calgary-based Birch Mountain said Monday.
After a trading halt on the Toronto stock market Birch Mountain shares [...]

If the House passes an offshore drilling bill that has split Florida’s congressional delegation, Sen. Bill Nelson said Monday that he would filibuster the measure in an effort to block it in the Senate.
A House vote is expected this week on the bill that would end a 25-year ban on drilling off much of the [...]

US authorities have given a European-led consortium peremission to build the first uranium enrichment plant in the United States for 30 years.
The Nuclear Regulatory Commission said the new 1.5 billion dollar plant would be built at Eunice in New Mexico by Louisiana Energy Services (LES).
Work on the National Enrichment Facility (NEF) is to start in [...]

A Wisconsin mining company and a Pennsylvania software firm are the best small and mid-sized companies to work for in the United States, according to a survey released on Monday.
Badger Mining Corp. of Berlin, Wisconsin, offers generous profit-sharing and health-care coverage, while Analytical Graphics Inc. of Exton, Pennsylvania, excelled for its communication with employees, according [...]

US mining giant Phelps Dodge announced a mega-takeover deal to buy Canadian rivals Inco and Falconbridge for about 40 billion dollars, forging the world’s largest nickel company and the largest listed copper producer.
The cash-and-stock deal comes as red-hot commodities prices are producing tonnes of cash, spurring consolidation in the mining sector as companies seek to [...]

Greater Sooner Holdings, Inc. has announced that the Texas Railroad Commission has authorized the Company as a registered oil and gas Operator in the state of Texas. With this important step now complete, the Company is enabled to execute field operations to produce the estimated $285,000,000 in probable reserves from Clayton Field project area in [...]

Gastar Exploration Ltd. has executed a Letter of Intent to acquire up to a 50% interest in rights attaching to brown coal discoveries within the area of Exploration License 4416. EL 4416 is located in the Latrobe Valley, Victoria, Australia. The Latrobe Valley is recognized as one of the world’s largest brown coal deposits. EL [...]