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Random News from Mining Top News

American Bonanza Completes Sale of Taurus Property

American Bonanza Gold Corp. announces that it has completed the sale of the Taurus Property to Hawthorne Gold Corp. and on December 31, 2008, received 6.75 million common shares of Hawthorne, representing 12.7% of the outstanding shares of Hawthorne. Bonanza now owns 6,828,947 common shares of Hawthorne representing 12.9% of the issued and outstanding [...]

Coal Symposium in Bluefield Focuses on Safety

The governor says safety is his top priority. He spoke of the recent tragedies, as well as the accomplishments the coal industry has made, when it comes to safety. Also at the conference today, a commission the governor and his staff have been working very closely with, revealed new information. The Commission on Mine [...]

India’s L&T wins 28 mln eur order from China’s Zhongyuan Coal Chemical unit

India’s Larsen & Toubro Ltd (L&T) said it has won a 28 mln eur order from a unit of China-based Zhongyuan Coal Chemical Industry Group, for the supply of a coal gasifier and cooler assembly.
In a regulatory filing, the country’s largest engineering and construction group said the order was won by its heavy engineering division [...]

Diamond Offshore Drilling, Inc. to Present at Loews Investor Meeting

Diamond Offshore Drilling, Inc. announced that it will provide an overview of the offshore drilling industry and discuss the Company’s strategic initiatives at the Loews Corporation Investor Meeting in New York on Wednesday, November 5, 2008. Presentations by Loews’ senior management and the senior management of its subsidiary companies will commence at 8:30 a.m. Eastern [...]

Orbit Garant Drilling Awarded Major Contract by Newmont Mining

Orbit Garant Drilling Inc. announced that it has entered into a major contract with Newmont Mining Corporation to provide diamond core drilling services at their Boston project in Nunavut.
Under terms of the contract, Orbit Garant expects to complete specialized core drilling over a three-year period at the Hope Bay Project. The Company will utilize [...]

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Southwest Resources Announces Closing of Transaction With Duke Mining Company

Southwest Resources, Inc. announced that the Company has completed its purchase of the assets of Duke Mining Company Inc., (“Duke”) for the assumption of $823,706 of Duke’s outstanding debt and obligations. The assets purchased include the lease arrangement for the 640 acre mining claim in Utah and the respective equipment, fixtures and furniture associated with [...]

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Minera Andes Welcomes Lundin Group Mining Executive to Board

Minera Andes Inc. is pleased to announce that Richard P. Clark, president and CEO of Red Back Mining Inc, a Lundin Group company, of Vancouver, B.C., has joined the board of directors of Minera Andes Inc. His appointment represents an expansion of the board to seven members.
“It is a pleasure to welcome Rick to the [...]

India must aggressively exploit uranium reserves: Kakodkar

India has to aggressively exploit its limited uranium reserves while seeking opportunities for international nuclear cooperation without affecting the autonomy of its atomic energy programme, Atomic Energy Commission Chairman Anil Kakodkar said today.
Addressing members of the Department of Atomic Energy at a function here to mark 50 years of Asia’s first nuclear research reactor Apsara, [...]

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Klondike Gold Corp.: Irishman Drill Program Commences

Klondike Gold Corp. announce that it has entered into a contract to resume drilling on its 2007 Irishman hole in southeastern British Columbia. Black Hawk Drilling, based in Smithers, B.C. will extend the Irishman hole an estimated 200 meters to the projected depth of the Sullivan horizon.
The 2007 Irishman hole was stopped short of target [...]

China Coal aims to double capex to fuel expansion

China Coal Energy Co , the country’s No. 2 coal producer, plans to more than double capital spending in 2008 as it pushes a rapid production expansion plan.
Executive Director Yang Lieke told reporters on Thursday the firm intends to set aside 16.16 billion yuan to spend on its core coal and coal chemicals businesses this [...]