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Random News from Mining Top News

Alaska pipeline troubles won’t stop drilling, Interior chief says

Interior Secretary Dirk Kempthorne received his first look Wednesday at BP Alaska’s pipeline corrosion that shut down some North Slope oil production, but said the problems should not prevent new drilling in some environmentally sensitive areas.
Kempthorne, on a three-day visit to Alaska’s oil fields, toured an oil processing facility operated by ConocoPhillips 60 miles west [...]

Zinccorp Resources Acquires Land Package Intersected by Destor-Porcupine Fault Zone

Zinccorp Resources Inc announce subject to regulatory approval, the acquisition of a 100% interest in the Crest Lake property, located in Keefer Township. This property continues to build Zinccorp’s gold presence in the West Timmins camp.
The Crest Lake property consists of two claims (21 units) located in the Keefer Township of Porcupine Mining Division. The [...]

Tag: timmins mine maps, map of porcupine destor fault, zinccorp resources keefer property, west timmins porcupine mining map, destor investment ltd

South American Silver Corp. Reports Successful Extraction of Indium From Leach Solutions at Malku Khota

South American Silver Corp., reported that tests at SGS Lakefield, Ontario have successfully recovered 99.2% of the indium from the acid chloride leach solution into an aluminous cement. The Company believes that this would be a saleable indium product.
Ralph Fitch, President of the Company stated “This is an important result for the project as it [...]

Tag: leaching silver ore, conoco oil zinc chloride process

Cash Distribution by Pengrowth Energy Trust

Pengrowth Corporation, administrator of Pengrowth Energy Trust was reported today that it has just released a report on its August 15, 2008 cash distribution will be Cdn $0.225 per trust unit. The distribution is net of amounts withheld to partially finance capital expenditures. The ex-distribution date is July 29, 2008. The distribution will be payable [...]

Mine accidentally explodes at S.Lanka show

A land mine on display at an exhibition in Sri Lanka’s capital accidentally exploded on Tuesday, the military said, injuring at least 14 people — two of them seriously.
The exhibition at the BMICH convention center in central Colombo to mark the island’s 59th anniversary of independence from Britain included captured weaponry from Tamil Tiger rebels [...]

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Resources Ltd. announce that it has signed a Heads of Agreement with Melrose Resources plc relating to the Pelican XIII and Midia XV Blocks located in the Black Sea, offshore Romania. In exchange for a cash consideration and a carry on future investment, Melrose will acquire a 32.5% working interest in the Pelican [...]

Tag: rbc capital melrose, sterling black sea

Pan American Gold Corporation Reports Assay Certificates of Analysis Received from Huicicila Drilling Shows Misplotted Data on the DDH-1 Drill Log

Pan American Gold Corporation received the remaining assay certificates for the Huicicila project drilling. A routine review of data plotted on project drill logs from these certificates show gold and silver values were reversed when transcribed to the DDH-1 drill log. Intercepts of gold mineralization reported in the news release dated October 25, 2006, were, [...]

Bosai Mineral preferred bidder for Omai Bauxite

The Chinese company Bosai Minerals Group Co., Ltd is the preferred bidder for the Omai Bauxite Mining Company Limited (OBMI) at Linden, according to sources.
Bosai, a privately-owned Group has interests covering industrial minerals manufacturing and international trading. Its main products are metal-grade Alumina, Brown Fused Alumina, Calcined Bauxite, Coke and Ferro-Alloys, according to its website.
At [...]

Tag: linden mining bauxite news, linden bauxite bosai

Aztec Oil & Gas Announces Completion and Production of the First of Two New West Virginia Wells

Aztec Oil & Gas, Inc. previously announced that the Company had completed the drilling of two new wells for its Aztec 2007A Limited Partnership. The wells, Williams #1 and #2, were drilled in Tyler County, West Virginia to a depth of approximately 5,000 feet each. Logs on both wells indicated substantial reserves. Today, Aztec is [...]

Indonesia offers 41 oil/gas blocks to investors

Forty-one oil/gas blocks in Indonesia are offered to investors in 2006, according to Lulu Sumiarso, director general of oil/gas development in the Energy and Mineral Resources Ministry.
Twenty oil/gas blocks are offered through tenders and 21 offered directly to investors, he told reporters at the opening of the Jakarta International Geosciences Conference and Exhibition here on [...]

Tag: indonesian investors email address, investment in gas fields, gunting block, offshore oil indonesia, north kangean