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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 …  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 of $0.10 per share for a period of 12 months and at $0.15 per share for the following 12 months. Each flow-through share …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  Capital Corp. announces that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court …  et al., to add as defendants “redemption rights” holders and secured creditors of ICMI, including Platinum Partners Value Arbitrage Fund …

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

Index Oil and Gas Inc. announced that the Cochran #1 exploratory well in the Garwood prospect …

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 …  Hill surface mine (”Radio Hill”) in Muhlenberg County, Kentucky, effective immediately. During December 2008, Phoenix obtained a …

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

…  has taken up all of these validly deposited HDG Shares and payment, therefore, will be made as soon as practicable in accordance with the Offer. The HDG Shares to be purchased for …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less …  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

…  a NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored …  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 8 full or partial townships. To date, Cloudbreak Resources Ltd. has a …

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 …  received no public comments during the 30-day period. An oil and gas company thereafter submitted objections to the project based on alleged …

January 8th, 2009

Conquest Raised $500,000 in Private Placement Financing

Conquest Raised $500,000 in Private Placement Financing

…  Unit will be comprised of one flow-through common share and one common share purchase warrant. Each Warrant will entitle the holder to …  the requirements of the Exchange the placement was closed in escrow on December 31, 2008, pending disinterested shareholder approval of …

January 8th, 2009