No posts found. Try a different search?

Random News from Mining Top News

Addax Petroleum announces acquisition in Gabon

Addax Petroleum Corporation, announced that it has acquired a 50 per cent interest in the Gryphon Marin license area subject to final Government of Gabon approval. Addax Petroleum will become operator of the Gryphon Marin license area which is immediately west of the Corporation’s Iris Marin and Ibekelia license areas and immediately north of the [...]

Cnooc Says South China Sea Gas Discovery Needs Verification

Cnooc Ltd., China’s largest offshore oil producer, said the hydrocarbon potential in a gas discovery with Husky Energy Inc. in the South China Sea requires “further verification” and advises investor caution.
The discovery in the Pearl River Mouth Basin may contain as much as 6 trillion cubic feet of gas, Calgary-based Husky said in a statement [...]

DEP Closing Dangerous Mine Shaft

The West Virginia Department of Environmental Protection says someone broke the shaft’s concrete cap.
That opening is near several homes in Milam. It’s also near a popular gathering spot for teens.
DEP officials say falling into the shaft would be deadly, it’s 190 foot drop and it’s filled with water.

Texans rally against new coal plants

Carrying signs with slogans of “Stop the Coal Rush” and “Shame on Texas,” about 1,000 people rallied at the state Capitol to persuade lawmakers to abandon a plan to build up to 18 new coal-fired power plants.
Environmentalists fear the new plants will pump millions of tons of pollutants into the air every year.
“Coal plants seem [...]

Company to brief Govt on $3b coal project

Altona Resources is conducting a feasibility study of the Wintinna coal deposit north of Coober Pedy.
The company hopes to begin construction on a mine and power station within 18 months.
Managing Director Chris Schrape says the coal resource was proven during extensive exploration in the 1980s and 1990s.

Hurst to consider leasing property for gas drilling

The city hopes to add at least $1 million in revenue by leasing its property for gas drilling.
Officials are expected to send out a request for bids today for horizontal drilling on the city’s 350 acres and the two parcels of land it owns in Fort Worth. Bidding is expected to take about a month, [...]

Royal Gold, Inc. Announces Penasquito Royalty Acquisition

Royal Gold, Inc. announces the following Webcast:
What: Royal Gold, Inc.’s Penasquito Royalty Acquisition
When: January 3, 2007 @ 12:00 p.m. Eastern
Where: http://www.videonewswire.com/event.asp?id=37173
How: Live over [...]

CCI Ore Shipments Decline

Cleveland-Cliffs showed a slight decline in its Lake Superior ore shipments last year.
The last boat leaving the Marquette ore dock in mid-January was the 310th of the year. That compares to 358 in 2005. That means 1.4 million tons less iron ore moved through the Upper Harbor. Total production was also down at the [...]

Wolverine Review and Optimization Study Under Way

Yukon Zinc Corporation (TSX.V – YZC) is pleased to provide an update on the Company’s plans for review and optimization of the May 2006 Feasibility Study completed by Hatch Ltd. (see May 9, 2006 news release). The review and optimization study is being undertaken to evaluate opportunities for reduction of operating and capital costs and [...]

Mine Plan Would Erase Wetlands: PCS Phosphate’s Proposal Threatens 2,500 Acres, the Most Ever in N.C

A massive Beaufort County strip-mining operation wants to expand its extraction of phosphate ore in one of the state’s most environmentally fragile areas.
The proposal by PCS Phosphate, if approved, would represent the single largest destruction of wetlands permitted in the state — 2,500 acres including the headwaters of seven creeks near the Pamlico River.
The rich [...]