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Random News from Mining Top News

Warwick identifies iron ore target

Minerals explorer Warwick Resources Ltd has identified its largest direct shipping iron ore target to date at its Woggaginna project in Western Australia’s Pilbara region.
The project contains banded iron formations, with corresponding zones of iron enrichment typically grading between 57 per cent and 63 per cent iron.
The news sent Warwick’s shares 10 cents, or 21.98 [...]

Spectra Energy Partners to Hold Open Season for Greenway-Blue Ridge Project

Spectra Energy Partners, LP, in response to strong market interest for additional market outlets and increased access to Appalachian natural gas supplies, is planning a further expansion of its East Tennessee Natural Gas (ETNG) system.
After evaluating the requests received from the Greenway open season held in February, ETNG has determined the facilities required for the [...]

Tag: market hub partners open season, greenway energy partners, blue ridge pipeline, greenway blue ridge, blue ridge pipeline project

Hyperdyanmics’ Louisiana Production Remains Steady in Face of Mississippi Flood

Hyperdynamics Corporation (AMEX:HDY) announced today that its Louisiana-based operations reported May gross oil sales in excess of 5,200 barrels as production continues to be constrained by record setting floods being experienced along the Mississippi River. Although the floods have hampered production for months, the company reported that it received an average price in excess $123 [...]

Endeavour Closes Sale of Norwegian Subsidiary

Endeavour International Corporation, an oil and gas exploration and production company focused on the acquisition, exploration and development of energy reserves in the North Sea and the United States today announced it has closed the sale of its Norwegian subsidiary, Endeavour Energy Norge AS, to VNG- Verbundnetz Gas AG, for the total consideration of USD [...]

Tag: vng acquires endeavour energy norge, conoco sanctioned

Petroleum Development to Host Analyst Day in New York on January 22, 2007

Petroleum Development Corporation announced that it will host a conference for equity analysts and institutional investors at the Waldorf Astoria Hotel in New York on January 22, 2007. The Analyst Day, the first in PDC’s history, will include comprehensive discussion and overview of the Company’s core Rocky Mountain, Appalachian and Michigan operating areas, recent acquisitions, [...]

Yukon copper/gold project proposal passes next stage

Western Copper (TSX: WRN) has received formal notification from the Yukon Environmental and Socioeconomic Assessment Board that its proposal for the Carmacks copper/gold project has been deemed adequate and that screening of the Proposal will commence pursuant to the Yukon Environmental and Socioeconomic Assessment Act (YESAA). Western also notes that the technical review of the [...]

Tag: stages of project proposal

Seabridge Gold Agrees to Sell Noche Buena to Fresnillo/Newmont Joint Venture

Seabridge Gold announced that it has signed a letter of intent to sell its 100% owned Noche Buena project in Sonora, Mexico to Minera Penmont, S. de R.L. de C.V., a joint venture between Fresnillo plc. and Newmont USA Limited, a wholly owned subsidiary of Newmont Mining Corporation. Terms of the sale are US$25 million [...]

Tag: noche buena newmont, newmont fresnillo

Nigeria: Firms Win Solid Mineral Blocks

Sinopec, a subsidiary of the China Petroleum and Chemical Company yesterday blazed the trail in the Nigerian solid minerals sector when it emerged winner of the nation’s Bitumen Block2, unarguably the first bitumen deposit to be formally exploited in Nigeria many years after the mineral was discovered in the country. The Chinese mining firm offered [...]

Tag: solid minerals deposit in nigeria, ghana solid mineral, nigeria solid minerals deposits, kaolin mining in nigeria, solid mineral licks

Petrobras, Repsol Agree to Bolivia’s Oil, Gas Law

Petroleo Brasileiro SA, Bolivia’s biggest foreign investor, and Repsol-YPF SA agreed to the South American nation’s new energy law, pledging to search for more natural gas deposits.
Petrobras and Repsol were among eight companies that early today signed agreements with the Bolivian government, adding to accords with Total SA and Occidental Petroleum Corp. yesterday.
“The other option [...]

Moydow Discovers Fourth Kimberlite at Dala Diamond Project

Brian Kiernan, President and CEO of Moydow Mines International Inc. announced that Moydow has intersected another kimberlite on the Dala licence in Angola. This new discovery is in addition to the three kimberlites already identified at Dala, bringing the total number so far discovered to four.
So far, a total of eleven anomalies have been drilled [...]