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Random News from Mining Top News

Commissioners allow Jay Rock mining to continue

Nearly two hours of debate and testimony over the controversial Jay Rock Mine dominated the Charlotte County Commission agenda Tuesday, but in the end, supporters of the project walked away happy.
Located near State Road 31 along Cook Brown Road in South Punta Gorda, the 275-acre mining area has undergone intense opposition from county planning [...]

Tag: michael haymans

Mining equipment demand to rise sharply

Global demand for mining equipment is expected to rise 9.3% every year through to 2009 – by which time it will be worth US$27.5 billion, according to a new study.
Global demand for mining equipment is expected to rise 9.3% every year through to 2009 – by which time it will be worth US$27.5 billion, says [...]

MIT forges greener path to iron production

MIT engineers have demonstrated an eco-friendly way to make iron that eliminates the greenhouse gases usually associated with its production.
The American Iron and Steel Institute (AISI) announced recently that the team, led by Donald R. Sadoway of the Department of Materials Science and Engineering, has shown the technical viability of producing iron by molten oxide [...]

Samson Oil & Gas Determines Sabretooth Reserves

Samson Oil & Gas Limited announced today that drilling operations have been completed at the Davis Bintliff #1 well. Casing and cementing operations were completed and the drilling rig was demobilized on the 5th of September. A completion rig will be used to perforate the casing and run the necessary completion tubing and packer. This [...]

Tag: j m pollard gas unit no 42, feet and drilling ahead in 6 inch hole towards

Permit delay may hit Turkey nickel mine project

Completion of European Nickel Plc.’s Turkish nickel project may be hit by delays in securing a forestry permit, the company said.
ENickel said it had yet to secure the licence needed to clear the site for its Caldag mine project in western Turkey ahead of construction work.
“The company currently believes that construction activity can be partly [...]

China faces slow increase in coal demand under macro-control policies: NDRC

The slow increase in domestic coal demand in the first half of this year has resulted in excessive coal supply and a drop in the coal price in some regions, the National Development and Reform Commission (NDRC), the country’s industry watchdog, said on Thursday.
According to a report released by the NDRC, China produced a [...]

Vista Gold Corp. Filing of Preliminary Short Form Base Shelf Prospectus and Registration Statement

Vista Gold Corp. announce that it filed a preliminary short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) and a corresponding shelf registration statement on Form S-3 with the United States Securities and Exchange Commission. The Offering Documents, when brought effective, will allow Vista to [...]

Rio Tinto rules out BHP counterbid

Rio Tinto Ltd chief executive Tom Albanese has again rejected the notion of teaming up with other companies to counterbid for hostile suitor BHP Billiton Ltd.
An April 8 report from ING Bank NV said a “defensive bid by Rio Tinto for BHP Billiton, with the disposal of the petroleum assets and some mining assets could [...]

Nitro Lube, Inc. Joins Canadian Mining Association ‘CAMESE’

Nitro Lube, Inc. (Other OTC:NTLB.PK – News) announced today that the company has joined the Canadian Association of Mining Equipment and Services for Export (http://www.camese.ca).
Jason Rite, CEO of Nitro Lube, Inc, stated, “Our membership in CAMESE will substantially increase Nitro Lube’s visibility to the mining industry world-wide.” He added that he expects sales of the [...]

Tag: nitro lube, nitro lube lubricants jason rite

RAM Energy Resources Prices 7.5-Million Share Offering at $4 Each, Shares Tumble

RAM Energy Resources Inc., which explores, develops and manages oil and gas properties, said Thursday it priced its public offering of 7.5 million shares for a below-market price of $4 apiece.
The selling price represents a discount of 12.5 percent to the stock’s closing price Wednesday of $4.57 on the Nasdaq.
Shares of RAM Energy fell on [...]