Lincoln Mining advances Pine Grove gold property, Nevada
Lincoln Mining Corporation, a Canadian-based mineral exploration and development company announce that it is in the process of advancing the Pine Grove gold property in Lyon County, Nevada. Lincoln has contracted Dudley Thompson Mapping Corporation Inc., of Surrey, BC, for new photogrammetry suitable for mine-site engineering. Ground survey control and aerial photography are planned for September....
Santa Fe Gold Begins Mining and Stockpiling Ore at Summit Silver-Gold Mine
Santa Fe Gold Corp, a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today reported that mining and stockpiling of ore had begun at its Summit mine in southwestern New Mexico. Processing of the stockpiled ore is planned to begin when construction of the Lordsburg processing facility is completed. Barring unforeseen delays, the company anticipates...
Tonogold Resources, Inc. Sells Lease Interest in Nyac, Alaska Gold Project
Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC. The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty. The Nyac Gold Project consists of 57,600 acres leased from Calista Corporation. Tonogold conducted...
Nation’s First Application for a Revolutionary Hydrogen Fuel Electric Generating Facility With Carbon Capture and Sequestration to Be Filed Before the California Energy Commission
Hydrogen Energy International LLC, a joint venture of BP Alternative Energy and Rio Tinto, announced plans to file an AFC (Application for Certification) before the California Energy Commission on Thursday, July 31, 2008, for a proposed hydrogen fuel production facility and power plant in Kern County, California. The filing initiates a comprehensive regulatory review process and, upon approval, grants...
BP, Rio Tinto Venture to Develop Clean Coal Energy
BP Plc and Rio Tinto Plc formed a joint venture, Hydrogen Energy, to develop technology for producing power from coal, oil and natural gas without emitting the gases blamed for global warming. Rio will pay $32 million to BP to form the equally owned venture, which includes two planned BP hydrogen-fuel projects in Scotland and California that will cost at least $1 billion each. “Projects such...
Canyon Begins Core Drilling and Provides Update on Its Reward Project in Nevada
Canyon Resources Corporation, a Colorado-based mining company, is pleased to announce the start of a four-hole, 1,600-foot core drilling program at its Reward Gold Project in Nye County, Nevada. The drilling program, part of the ongoing feasibility study at Reward, will consist of four 2.5 inch-diameter holes which will provide structural and rock mechanic information and material for metallurgical...
Pengrowth Energy Trust Announces $1.0375 Billion Acquisition of Canadian Oil and Natural Gas Properties
Pengrowth Corporation, administrator of Pengrowth Energy Trust is pleased to announce that it has entered into a definitive agreement to acquire Canadian oil and natural gas producing properties and undeveloped lands (the “CP Properties”) through the acquisition of the shares of four subsidiaries of Burlington Resources Limited, a subsidiary of ConocoPhillips, for a purchase price of $1.0375...
Oil Giants Put Energy Into Other Resources
Inside two half-million-gallon tanks built in the 1950s, a team of microorganisms is preparing to munch its way into the annals of energy innovation. Late this month, the microbes will start transforming truckloads of restaurant grease into electricity for a water pollution control plant in Millbrae, Calif. The one-of-a-kind setup relieves the city and area eateries of a fatty disposal headache while...
The new oil and gas hub of North America: Saint John?
New Brunswick’s powerful Irving family is poised to take a giant step in developing a continental energy hub in Saint John, with an announcement expected today that the family’s oil arm will build its second major refinery in the city. “There is tremendous momentum around the idea of an energy hub in Saint John,” said Steve Carson, chief executive officer of Enterprise Saint...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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