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Random News from Mining Top News

Altai Now Owns 100% Interest in the Largest Land Package in Quebec’s St. Lawrence Lowlands Utica Shale Gas Fairway

Altai Resources Inc. announce that it has completed its acquisition of Petro St-Pierre Inc., a Quebec private company and Altai’s minority joint venture partner in its Sorel-Trois Rivieres gas property, St. Lawrence Lowlands, Quebec which was first announced in Altai’s press release of June 16, 2008. For the purchase of all the issued and outstanding [...]

Tag: petro st pierre inc

XTO Energy to acquire property from Headington Oil

XTO Energy says it is acquiring oil producing properties and undeveloped land from Headington Oil for $1.85 billion in cash and stock.
XTO Energy Inc. said Wednesday it will buy 352,000 acres of Bakken Shale land in Montana and North Dakota from privately held Headington Oil Co. XTO estimates there are 68 million barrels of oil [...]

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Uranium summit scheduled

Defenders of the Black Hills of Rapid City will host a two-day uranium summit on Thursday and Friday, Aug. 17-18 in the Slim Buttes area of Harding County. The land treaty and environmental group invites the public to attend and bring camping equipment.
The informational meeting will be from 9 a.m. to 5 p.m. both days [...]

Cadiscor: New Terms for the Acquisition of the Sleeping Giant Mine and Mill

Cadiscor Resources Inc. announce amendments to the formal agreement with IAMGOLD Corporation granting Cadiscor the option to acquire a 100% interest in the Sleeping Giant Mine and its related milling facilities.
Cadiscor will take possession of the Mine at the end of October 2008.
The Mine is located in the Abitibi region of Quebec, approximately 80 km [...]

Drilling assurances satisfy Nelson

After receiving assurances from Senate leaders that his state’s coastline would be protected, Sen. Bill Nelson of Florida agreed Thursday to support a measure to permit offshore drilling in the eastern Gulf of Mexico.
With his agreement, the Senate is expected to pass a proposal next week that would allow the harvesting of oil and natural [...]

Johnson Matthey Inc. Resolves Virtually All Government Claims in Salt Lake City Environmental Case

Johnson Matthey Inc. today announced an agreement with the U.S. government, resolving virtually all government claims of alleged environmental violations at Johnson Matthey’s Salt Lake City gold and silver refining facility.
The case, which centered on claims by the government that Johnson Matthey had violated environmental laws during 2000 to 2002 regarding certain wastewater treatment activities [...]

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Lucas Energy Appoints Peter K. Grunebaum, Oil & Gas Banker, to Board of Directors

Lucas Energy, Inc., a U.S. based independent oil and gas company today announced the election of Peter K Grunebaum to its Board of Directors. Mr. Grunebaum is an independent investment banker with over 40 years of experience in the energy sector with a specialty in Exploration & Production.
“Peter Grunebaum is a recognized leader in the [...]

New Dawn’s Turk Mine in Zimbabwe Resumes Full-Scale Mine Operating Program

Ian R. Saunders, President and CEO of New Dawn Mining Corp. announced that New Dawn’s 100% wholly-owned Turk Mine in Zimbabwe has resumed full-scale mining operations.
The current initial production rate of 250 tonnes per day should result in approximately 700 to 750 ounces of gold being produced monthly at an average cash cost of approximately [...]

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Argentex Mining appoints Patrick Downey to Board of Directors

Argentex Mining Corporation announce the appointment of Mr. Patrick Downey, P.Eng., an accomplished mining industry executive, to the company’s Board of Directors. Mr. Downey has been a highly regarded advisor to Argentex since December 2007, when he was appointed to the company’s formal advisory board.
With over 25 years of international experience in the resource industry, [...]

VX boss keen on bio-ethanol BTCC.

VX Racing team boss Ian Harrison says he believes the Dunlop MSA British Touring Car Championship should become a bio-ethanol fuelled series in an effort to take the championship to an even bigger audience.
Alternative fuels have become a feature of the series over the past few seasons, initially in 2004 when Mardi Gras ran a [...]