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Random News from Mining Top News

Kolene Awarded Additional Aerospace Orders

Defying the area’s economic downturn, Kolene Corporation reported today it received more than $1.5 million in new equipment orders from aerospace companies. The orders include:
– Two automated systems for removing molybdenum disulfide lubricants from titanium fasteners used in military and commercial aircraft and other critical high performance applications. One system will be installed at Air [...]

Rockwell Suspends Operations at Wouterspan Mine Due to Industrial Action

Rockwell Diamonds Inc. wishes to note that as a consequence of industrial action it has suspended mining and processing operations at its Wouterspan mine on the Middle Orange River. An update on the Wouterspan situation will be provided once the Company has fully assessed its options in respect of the industrial actions and appropriate remedial [...]

Newmont to Acquire Remaining Interest in World-Class Boddington Project in Western Australia

Newmont Mining Corporation said that it has entered into a definitive purchase agreement to acquire from AngloGold Ashanti Australia Limited, a wholly-owned subsidiary of AngloGold Ashanti Ltd., its 33.33% interest in the Boddington project in Western Australia. Upon completion of the acquisition, Newmont will own 100% of the Boddington project, which is the largest gold [...]

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BLM auctions drilling rights in Utah

Oil-and-gas players bid up to $475 an acre for drilling rights on public land Tuesday, but some were still angry over a judge’s decision two weeks ago that they say robbed them of parcels they’d already won in areas of Utah considered worthy of wilderness protection.
At a fast clip, the Bureau of Land Management auctioned [...]

Tag: tidewater oil and gas denver

Philippines reopens Lafayette copper, zinc mine

The Philippines said on Thursday Australia’s Lafayette Mining Ltd. could restart its copper and zinc mine south of Manila immediately, more than a year after it was shut due to cyanide spills.
“The mining operations can now proceed,” Environment and Natural Resources Secretary Angelo Reyes told a news conference.
Lafayette’s stock jumped 13 percent to A$0.13 on [...]

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Winthrop earns Duke energy efficiency award

Winthrop University was honored with the Duke Energy Power Partner Award for its implementation of strategic energy solutions.
The university considers energy management a key component of building a level of overall cost-efficiency and continues to be top-rated among public universities in the state, the utility company said.
Winthrop and Duke Energy have worked together to reduce [...]

Doral Energy Announces Amendment to Reverse Share Split

Doral Energy Corp., an oil and gas production and exploitation company, announced that its Board of Directors has amended the 1-for-25 reverse split of Doral’s common stock to a 1-for-6.25 reverse split.
Commenting on the change, Doral’s Chief Executive Officer, Everett Willard (“Will”) Gray, II, stated, “After announcing our earlier reverse split, the Board of Directors [...]

Nord Resources Corporation (NRDS): Terminates Merger Agreement w/Platinum Diversified Mining

Nord Resources Corporation (NRDS) announced that it has delivered a Notice of Termination to Platinum Diversified Mining, Inc. regarding the proposed acquisition of Nord by Platinum in the all-cash merger transaction.
In the Notice of Termination and pursuant to the terms of the Merger Agreement, Nord has made a demand of Platinum to pay Nord a [...]

Castle Harlan Agrees to Sell AmeriCast for US$288 Million to Bradken

Castle Harlan, Inc., the New York private equity investment firm, announced that it had agreed to sell AmeriCast Technologies, Inc., a North American leader in the design and manufacture of large, complex steel castings, to Bradken Ltd., a leading publicly-traded Australian manufacturer of cast steel and other products, primarily for the mining and railroad industries, [...]

Tag: anand philip americast

Heartland Revenues Continue to Grow – Production in Jack County, Texas Exceeds 400 mcfg/day

While Heartland Oil and Gas Corp. continues work on its new wells and gathering system in Kansas, production from existing wells has further expanded resulting in additional revenue growth. At its Catlin Oil and Gas Field in Jack County, Texas, Heartland has completed additional well improvements and increased production to over 400 mcfg/day. Heartland has [...]