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Random News from Mining Top News

Yellowjacket Mine Achieves Full Commercial Production, New Gold Zone Discovered

Yellowjacket Joint Venture (“Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V)”) jointly announce completion of final commissioning and permit compliance requirements to allow for commencement of full production at their Yellowjacket Gold Mine, located in northwestern British Columbia. On July 10, 2009, the Yellowjacket Gold Mine received its BC Mines Act Permit for [...]

Tag: anaconda mining yellow jacket, canadian gold stock sisco, p h mining, www panoceannigeria com, thomas j obradovich

Shell, Chinese firm plan $6bn coal-to-fuels JV

Royal Dutch Shell Plc, Europe’s second-biggest oil company, and Shenhua Ningxia Coal Industry Group agreed to study investing as much as $6bn in a China plant to turn coal into fuels and chemicals.
Shell and Shenhua Ningxia, a unit of Shenhua Group Corp, China’s biggest coal producer, will study the technical and commercial viability of building [...]

Copper firm as market eyes China

Copper and other key industrial metals prices were firm on the London Metal Exchange on Friday as traders assessed the likelihood of fresh Chinese buying.
“We’ve seen copper correcting then holding at a level, but our view is that there will be Chinese buying after their New Year holidays,” a fund manager said.
Copper ended the day [...]

Tag: reuters singapore complex margins 2009

Suncor Energy to present at CIBC Institutional Investor Conference

John Rogers, vice president investor relations of Suncor Energy Inc. will speak at the CIBC Institutional Investor Conference on Thursday, February 22 at 8:00 a.m. PT (11:00 a.m. ET). The presentation will review Suncor’s performance, growth strategy and outlook.
A live webcast of the conference and presentation can be accessed from the Investor Information section of [...]

Rapid Fitness, Inc. Announces Company Completes $107 Million Dollar Acquisition of Reomt, LLC.

RAPID FITNESS, INC. a publicly traded company currently on the Over the Counter, announced the Company has signed the final agreement to acquire Reomt, LLC., a gold mine holding company with a 160 acre gold mine in Nevada, called and filed as the “Lucky Linda claim.”
Under the Agreement, Reomt, LLC. becomes a subsidiary of Rapid [...]

Mountain Top ethanol plant will be one of five proposed in Pennsylvania

Gov. Ed Rendell made a rare appearance in August at a picnic in a small town tucked in the Central Pennsylvania mountains.
While there, the governor threw his support behind a proposed ethanol plant in Clearfield County, promising it would be the first in the Pennsylvania.
Across the state, developers are touting ethanol plants as a source [...]

Sterling Resources Ltd. announces commencement of Cladhan Well in the UK North Sea

Sterling Resources Ltd. report that operations on the Cladhan exploration well on Block 210/29a in the United Kingdom Northern North Sea have commenced, with the arrival of the Transocean 704 semi-submersible rig at the site. The well is targeting an Upper Jurassic prospect and is anticipated to take 35 days to drill. Sterling is the [...]

Tag: cladhan well, sterling resources stewart gibson

Higher oil, Higher gas

Crude prices spiked to a yet another trading high, as supply concerns mounted and traders poured in for a last-minute buying binge before June contracts expired. At filling stations across the country, the national average price for a gallon of regular gasoline approached $4, touching $3.80 for the first time.
The June contract for light, sweet [...]

Bridge Resources Corp. North Piper Well at Total Depth

Bridge Resources Corp. on behalf of Bridge North Sea (Central) Limited; BFW Drilling Limited; and Lariat Energy Limited announces that the North Piper 15/11b-6 exploratory well drilled into the Piper Sands at 7022 feet this morning U.K. time. The sands were encountered 60 feet high to prognosis but were found to be water-bearing and the [...]

Metalex announces drilling progress on large Angolan kimberlite

Metalex Ventures Ltd. report the completion of the fourth core hole and progress on the fifth hole drilled into the large (approximately 24 hectare) kimberlite discovery reported in the news release of April 1, 2009.
The fourth hole was drilled at the same site as the vertical hole 3 inclined (-55 degrees) towards the first two [...]