Everton Starts Drilling on Fresso Concession, Dominican Republic

Everton Resources Inc. announce the start of a 1,500 metre diamond drill program on the 66-km2 Fresso concession, located in northwestern Dominican Republic. The 5 to 10-hole drill program is designed to test coinciding induced polarization (IP) and geochemical anomalies. Everton has the option to acquire a 100% interest in the Fresso concession over a period of up to two years. This program is a follow-up... 

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GoldQuest Reports High Grade Gold Samples From El Toro Project

GoldQuest Mining Corp. report new sample results from its 100% owned El Toro project located in the central Dominican Republic. The El Toro project is excluded from the Gold Fields option agreement. GoldQuest geologists have recently completed follow-up sampling on the 100% owned El Toro project located six kilometres northwest of the Las Animas project in the central Dominican Republic. El Toro comprises... 

Mine Site Technologies and Rajant Corporation Deploy Wireless Mesh Systems in Two Mines

Rajant Corporation, a leading provider of portable mobile wireless networking solutions, announced today that its global partner Mine Site Technologies (MST) has secured two new mining deployments in Australia using the Rajant BreadCrumb® wireless mesh solution. Recently announced as Rajant’s global partner for mining, MST is the leading mining solutions provider, specializing in the development... 

GlobeStar Mining Corp. Update on Nickel Exploration Program in Dominican Republic

GlobeStar Mining Corp. is pleased to announce the results of 21 diamond drill holes of the scouting/infill drill program at Corozal Ridge in the Dominican Republic, including 11.3 meters at 2.03% Nickel and 9.0 meters at 2.02 % Nickel. Corozal Ridge The Corozal Ridge nickel lateritic zone is located approximately 3.5 km east of GlobeStar’s Cumpie Hill nickel deposit and 1.5 km west of the Company’s... 

Owners of Dominican Republic Nickel Mine to Consider Refining Oil to Sell in This Country

The owners of a large Dominican Republic nickel mine will consider refining oil to sell in this energy-starved Caribbean country, an Xstrata Nickel company spokesman said Wednesday. The company will hire a consultant to look into expanding an in-house oil refinery that services the former Falconbridge mine, some 80 kilometers (50 miles) north of Santo Domingo, spokesman Ian Hamilton said by phone from... 

GlobeStar Mining Corp.: Update on Dominican Republic Copper/Gold and Nickel Operations

GlobeStar Mining Corp. is pleased to announce an update on their Dominican Republic operations. The Company is focusing on three core activities, namely the construction of the Cerro de Maimon copper/gold mine, copper/gold exploration of the surrounding massive sulphide belt and nickel exploration of the Falcondo nickel belt, adjacent to Xstrata’s Falcondo nickel smelter. Cerro de Maimon copper/gold... 

Shell sells L.A. refinery to Tesoro

Royal Dutch Shell Plc said on Monday it was selling its Los Angeles refinery and related assets to Tesoro Corp., as the oil major further reduces its exposure to the refining industry. Separately, Tesoro said the purchase price was $1.63 billion, plus the value of oil inventory at closing. Chief Executive Bruce Smith said the purchase will give the company earnings growth even as it faces flatter gasoline... 

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Xstrata Nickel Invests $5 million in Centre for Excellence in Mining Innovation ‘CEMI’ at Laurentian University

Xstrata Nickel announced today that it has invested $5 million in the Centre for Excellence in Mining Innovation (CEMI) at Laurentian University. Established in partnership with government and industry, CEMI will become an international centre for world-class, industry-driven research and innovation for the mining sector. “Xstrata Nickel is a company focused on value-creating growth in Sudbury... 

Colombian Indians protest oil drilling

Hundreds of Bari Indians, most clad in loincloths and carrying bows and arrows, came down from the hills in their first march ever Thursday to demand that the state-owned oil company stop drilling on sacred land abutting their reservation. The 700 protesters rallied in one of Colombia’s most war-ravaged regions on Columbus Day ”” commemorated as “Dia de la Raza” or “Indigenous... 

Oil prices dive as Ernesto weakens

Crude futures fell by nearly 2 dollars Monday as Tropical Storm Ernesto weakened and appeared to be tracking a course that would avoid Gulf of Mexico oil installations. New York’s main contract, light sweet crude for delivery in October, fell 1.90 dollars at 70.61 dollars per barrel. In London, Brent North Sea crude for delivery in Oct. sank 1.88 dollars to settle at 70.82 dollars per...