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Random News from Mining Top News

Orex Closes Flow-Through Private Placement for its Phase 2 Exploration Program at Goldboro

Orex Closes Flow-Through Private Placement for its Phase 2 Exploration Program at Goldboro

…  EXPLORATION INC. announce the closing of a private placement of $547,000, consisting of 7,300,000 units. On this amount, MineralFields …  of $0.075 per unit consists of one flow-through share and one warrant giving the right to buy one non-flow-through share at a price …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International …  legal action commenced by them in the courts of England. This decision follows the dismissal of the defendants’ motion to stay the …

January 9th, 2009

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

…  Oil and Gas Inc. announced that the Cochran #1 exploratory well in the Garwood …  Texas has commenced production from two intervals. As of January 4, 2009, the well was flowing at a daily rate of more than 6.1 million cubic feet of gas and 100 barrels of oil plus …

January 8th, 2009

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

…  Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, announced the …  received a permit granted by the United States Army Corps of Engineers under Section 404 of the Clean Water Act. With the 404 Permit, …

January 8th, 2009

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

…  Desert Gold Corporation announced the results of its substantial issuer bid to purchase for cancellation a maximum of 36,000,000 common shares of the Company at a price of Cdn.$0.27 per HDG …  has taken up all of these validly deposited HDG Shares and payment, therefore, will be made as soon as practicable in accordance with …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by multiple unrelated …  of directors. Alexco’s business is to unlock value and manage risk at mature, closed or abandoned mine sites through integration …

January 8th, 2009

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

…  January 6, 2009, is authored by Marvin A. Mitchell, P. Eng of Mitchell Geological Services Inc. and will be filed on SEDAR shortly. The Tobin Lake 18 Meter Coal property …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  Resources Ltd. report that Saskatchewan Energy and Resources has delivered to The Company additional coal permits encompassing …  date, Cloudbreak Resources Ltd. has a total of 18.5 full or partial townships, or approximately 410,000 acres of coal …  acres), with supplementary verbal assurance from the ministry that these applications have been granted approval and are awaiting …

January 8th, 2009

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

…  Potash Inc. reports that the Bureau of Land Management has determined that an Environmental Impact Statement will be …

January 8th, 2009

Conquest Raised $500,000 in Private Placement Financing

Conquest Raised $500,000 in Private Placement Financing

…  conditional approval from the TSX Venture Exchange of its previously announced non-brokered private placement of 10,000,000 Units …  Unit will be comprised of one flow-through common share and one common share purchase warrant. Each Warrant will entitle the holder to …

January 8th, 2009