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Random News from Mining Top News

Natural Gas discoveried by GeoGlobal Resourses Inc

GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (“KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test – 3). During clean-up flow, the following stabilized gas/condensate rates [...]

China to keep relying on coal

China has no plans to radically change its reliance on coal and other dirty fuels despite already feeling the impacts of global warming, according to a leading Chinese meteorologist.
In the first official Chinese response to a stark UN report issued last week on climate change, Qin Dahe said China lacked the technology and financial resources [...]

Minco Mining Cancels the Proposed Distribution of Minco Silver Shares

Minco Mining & Metals Corporation has decided not to proceed with the proposed distribution of up to 6.5 million Minco Silver Corporation (“Minco Silver”) common shares held by the Company (the “Proposed Distribution”).
The Proposed Distribution has proven to be a complex and costly process, particularly to the Company’s US shareholder base, and would have subjected [...]

Tag: silver shares in canada, silver canada china, minco share price

Bonanza Goldfields acquires Claim No. 4 to capitalize on large gold vein target in the BRB

Bonanza Goldfields Corp. announced that it has completed the strategic acquisition of a 160-acre unpatented placer mining claim (Claim # 4) located in the Northeast 1/4 Section 29 on the Black Rock Basin (BRB) in Mariopa County, Arizona. The property lies adjacent to the Company’s recently acquired BRB Claim # 3, which was announced on [...]

Tag: gold claim in nfld

Farallon Trucks First Concentrate Produced at G-9

Farallon Resources Ltd. announces that that it has begun shipments of zinc concentrates from its high grade G-9 Project at the Campo Morado (zinc, copper, lead, silver, gold) property in Guerrero State to the port of Manzanillo, in Colima State on the west coast of Mexico. The first truckloads of zinc concentrates were shipped on [...]

C. K. Cooper & Company Issues Semi-Annual Industry Report On Micro-Cap Oil and Gas Companies

C. K. Cooper & Company released its Semi-Annual Industry Report, “Energy: The Once and Future Bull Market,” discussing smaller exploration and production companies and the current trends and outlook for oil and natural gas prices.
Philip J. McPherson, Director of Research, commented, “The past 6 weeks have been tough for E&P investors; none the less, we [...]

The Brilliantly Profitable Timing of the Alaska Oil Pipeline Shutdown

Is the Alaska Pipeline corroded? You bet it is. Has been for more than a decade. Did British Petroleum shut the pipe yesterday to turn a quick buck on its negligence, to profit off the disaster it created? Just ask the “smart pig.”
Years ago, I had the unhappy job of leading an investigation of British [...]

Bayswater Initiates Drilling Program at Brudell Lake Project in Athabasca Basin

Bayswater Uranium Corporation report that diamond drilling has commenced at the Brudell Lake Project located in the Athabasca Basin of Saskatchewan. Drilling is designed to test high priority uranium targets identified by the Company’s air and ground surveys, one of the largest surveys ever conducted in the Athabasca Basin, that identified five high priority favourable [...]

TEXT-Singapore Petroleum drills for gas

The following statement was released by the company:
SINGAPORE PETROLEUM COMPANY LIMITED (REG. NO. 196900291N)
GAS DISCOVERY AT LUKAH-1X EXPLORATION WELL
SINGAPORE, 9 JUNE 2006 – Further to Singapore Petroleum Company Limited’s (“SPC”) (SPCS.SI: Quote, Profile, Research) announcement (SGXNET Announcement No. 87) on 10 May 2006, SPC is pleased to provide an update on the drilling of Lukah-1X [...]

Uracan grants stock options

Uracan Resources Ltd. (the “Company”) reports that pursuant to the Company’s Stock Option Plan, it has granted a total of 375,000 stock options at an exercise price of $0.53 per share to employees and Consultants.
350,000 of these options have been granted to Vanguard Shareholder Solutions Inc. (“Vanguard”), an independent company, who have been providing public [...]

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