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Random News from Mining Top News

Turkish Petroleum Refineries FY06 Net Profit Rises

Turkish Petroleum Refineries Corp. (TPRD.L) reported after tax net profit of US$575.0 million in 2006 compared to US$507.6 million in the previous year. Net sales increased to US$14.1 billion from US$11.1 billion a year ago.
Net operating profit was US$584.9 million compared to US$615.4 million last year.
While domestic sales for the year were US$11.0 billion, exports [...]

Bidding Starts for Iraq Fields

Iraq opened international bidding for eight enormous oil and gas fields, paving the way for major investments in a nation with one of the world’s largest petroleum reserves.
If the contracts are approved, they could mark the biggest foreign stake in Iraq since the industry was nationalized more than 30 years ago.
Oil Minister Hussain al-Shahristani named [...]

Nirek’s Completion of a 43-101 Bolsters Exploration of Sarah Lake Property

Nirek Resources Inc announce the completion of a preliminary National Instrument 43-101 report on its Sarah Lake property in Quebec.
The preliminary 43-101 Technical Report was prepared by Fenton Scott, P.Eng., who is a Qualified Person. Mr. Scott has carried out site examinations on the property. The property is located 85 kilometres south of Wabush, Labrador [...]

SouthGobi Energy Resources Confirms High Quality Metallurgical Coking Coal at the Mamahak Coal Project in East Kalimantan, Indonesia

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has received independent laboratory analysis of a recent bulk sample that confirms high volatile, high-fluidity metallurgical coking coal at the Mamahak coal project in East Kalimantan, Indonesia. SouthGobi owns 85% of the [...]

Tag: mamahak coal mining location, mamahak coal mining, coking coal, south gobi thermal coal, pt multi mamahak

The Marcellus Shale Coalition Issues Statement Regarding Support for Responsible Natural Gas Development in Pennsylvania

The Marcellus Shale Coalition (MSC) today underscored its commitment to economic development, environmental protection, and best management practices in the responsible development of Pennsylvania’s vast natural gas resources.
“There are a lot of groups and organizations interested in learning more about the Marcellus Shale — beyond the vast economic opportunities, to include an understanding of the [...]

Tag: mining of shale in pennsylvania, regulatory issues in pennsylvania regarding the marcellus, fluor marcellus shale, pa marcellus shale news, pa marcellius mines

Caldera Resources Inc.: Potash Option at Cromer Cone Project

Caldera Resources Inc. announce that it has negotiated an option over 100% of the potash rights on two Exploration Licences that are part of its Cromer Cone Project located in the East Pilbara region of Western Australia.
Mr. Ronald Winston is a 50% joint venture partner with Caldera in the Cromer Cone Project. The potash option [...]

Tag: potash pilbara, caldera mines australia, potash western australia kimberely

Centerra Gold Operating Licenses Reinstated at the Boroo Mine

Centerra Gold Inc. announces that the Chairman of the Minerals Resources Authority of Mongolia has issued a decree reinstating the Boroo Mine’s main operating licenses. The decree annuls the earlier suspension order received by the Company on June 12, 2009. The Company expects that the Boroo mine will resume full mining and milling operations in [...]

Tag: salt leach for gold

Solex Resources Corp. announces drilling on Macusani South Project underway

Solex Resources Corp. announced that the Company has commenced drilling on its wholly owned Macusani South Project in the Macusani Uranium District of Southern Peru.
The drilling program at the Pichuni and Socclla targets will consist of a maximum of 80 diamond drill core holes (HQ diameter), from 20 drill pads, to a depth of [...]

Tag: representante solex, macusani east uranium project solex resources

Peregrine Announces New Kimberlite Discovery at Nanuq North, Nunavut

Peregrine Diamonds Ltd. announce the discovery of a new kimberlite, estimated at 4.5 hectares in size, on the 33,000 hectare Nanuq North property in Nunavut, Canada. Nanuq North is situated just north of Peregrine’s wholly-owned Nanuq property (“Nanuq”) where the company discovered three diamondiferous kimberlites in 2007. Peregrine has recently staked 114 new mineral claims [...]

Company Proposes Higher Wind Turbines Off Cape Cod

BOSTON The company proposing the wind power project on Cape Cod now wants to build the turbines even taller than originally planned.
Cape Wind Associates wants to go 23 feet higher, claiming that upping the towers to 440 feet above sea level will make them more productive.
The company argues the change will make no discernable visual [...]