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Random News from Mining Top News

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

…  2008 and is part of an ongoing exploration program in South Texas. “We are very pleased with the results from 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 Illinois Basin, announced the Company has received a …  reach full production by April after an initial ramp-up period and contribute approximately 500,000 tons of production in …

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

…  33,862,870 HDG Shares validly deposited under the Offer prior to the expiry time. The Company has taken up all of these validly …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

Alexco Resource Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by …

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

…  Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by Marvin A. …  at the Tobin Lake Property to those of Goldsource Mines, located about 90 km to the southeast. The report also notes the good …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  and Resources has delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak …  or partial townships, or approximately 410,000 acres of coal permits in Saskatchewan and approximately 350,000 acres for the rights to …

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

…  capital expenditures deferred for an as-yet-undetermined period. The delay will not have any impact on 2009 potash production volumes. …  ponds rather than having to burn natural gas or coal. Potash solution mining is a widely used and accepted technology. The oil …

January 8th, 2009

Conquest Raised $500,000 in Private Placement Financing

Conquest Raised $500,000 in Private Placement Financing

Conquest Resources Limited reports that it has received conditional approval from the TSX Venture Exchange of its previously announced non-brokered private placement of 10,000,000 Units at a subscription price of $0.05 per unit for total proceeds of $500,0 …

January 8th, 2009

Rocmec Closes Financings Totalling $350,000

Rocmec Closes Financings Totalling $350,000

…  of Rocmec, at a price of $0.12 per common share, for a period of 24 months following the closing of the private placement. In …  of Rocmec, at a price of 0.10 per common share, for a period of 24 months following the closing of the private placement. Rocmec …

January 8th, 2009

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

As part of the Company’s targeted expansion into key resource plays of North America, Marathon Oil Corporation announced that it has participated in a successful step-out discovery well on the Brickyard prospect, located in the northeast area of the Anadar …

January 7th, 2009