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Random News from Mining Top News

Royal Roads receives security from Acadian Mining Corporation

Royal Roads Corp. announced that it has filed on SEDAR its financial statements and management discussion analysis for the nine months ended September 30, 2008. The financial statements reflect that the inter-company advances between Royal Roads and Acadian Mining Corporation (“Acadian”) (ADA-TSX) and a wholly-owned subsidiary of Acadian have fluctuated during the year and stood [...]

Lake Sebu coal project royalty only P1 per ton

KORONADAL CITY – “Too small an amount in exchange for so mammoth an income.”
This is how a local official in Lake Sebu, South Cotabato described the share Barangay Ned landowners would get from a coal mining company.
Municipal Agrarian Reform Officer Celso Caro said there is a need to review the government rules on the sharing [...]

WW Energy Announces Letter of Intent to Purchase Producing Oil and Gas Assets in Montana Including Oil Sands and Pipeline

WW Energy Inc. is pleased to announce that it has entered into a letter of intent to acquire forty-one percent of a private company’s natural gas and oil interests in Montana. The assets are characterized by producing oil and gas assets along with associated facility infrastructure (twenty miles of pipeline). The properties also contain a [...]

Tag: montana sands oil company, oil and gas letter of intent, bowdoin oil field montana, bowdoin oil field map montana, bowdoin oil fields montana

SunPower shares rose $4.70, or 5.4 percent, to $91.50 in afternoon trading.

At the same time, shares of Evergreen Solar Inc. headed in the opposite direction, losing $1.17, or 10.9 percent, at $9.60. The company narrowed its first-quarter loss to $25,000 — roughly break-even per share — compared with a loss of $6.2 million or 9 cents per share a year ago.
But investors were disappointed with Evergreen’s [...]

MidAmerican Wind Energy Project in Western Iowa Supplies 40,000 Customers

A new wind energy project by MidAmerican Energy Holdings Co. in western Iowa has the ability to produce enough electricity to power about 40,000 customers.
The Victory Wind Project consists of 66 wind turbines in Carroll and Crawford counties, near the towns of Westside and Arcadia.
“MidAmerican is committed to helping Iowa become a leader in the [...]

Beaconsfield mine owners consider sale

The Beaconsfield Gold Mine’s owner is seeking expressions of interest for shares or assets of the company.
But the mine’s majority owner, Allstate Explorations, has stressed the offers are non-binding.
The other part-owner of the Beaconsfield Joint Venture, Beaconsfield Gold has expressed interest in buying Allstate’s stake in the mine.
The mine was closed after a rock fall [...]

Sierra Gold Corporation to Begin Gold Production On Sewa River With Recently Arrived Dredge Equipment

Sierra Gold Corporation announced that it will begin initial gold operation tomorrow on the Sewa River with the 8-inch dredge purchased last month from a South African company. This equipment has the capability to process up to 50 tons per hour. An experienced, highly qualified operator from South Africa will be running the operations. The [...]

Tag: gold production sierra leone, sierra gold holdings, sierra gold sewa river

NGVAmerica Applauds President’s Petroleum Displacement Initiative

Last night in his State of the Union address, President Bush called for increasing the use of renewable and non-petroleum alternative fuels to 35 billion gallons, and reducing U.S. transportation reliance on gasoline 20 percent by 2017. The White House also issued an executive order calling upon federal agencies to take steps to annually increase [...]

Tag: on track innovations on track innovations

Capella Announces Results on Labrador Copper-Nickel-Cobalt Exploration

CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit.
The Property was flown by a [...]

Tag: labrador exploration news, labrador mining news, newfoundland labrador copper gold nickel, mining traineeships at capella, copper lead nickel

Star Gold Corp. Announces Initiation of Exploration Program at Excalibur Project, Nevada

Star Gold Corp., a gold and base metal exploration company, announced that it has initiated a work program on its Excalibur project, located 20 miles southwest of Mina, Nevada. Geologic mapping and geochemical sampling are planned and will be centered on the currently held claims. Geochemical samples will be analyzed for gold, silver and associated [...]

Tag: gold star corporation fl wherry, walker lane gold exploration project