HTX Minerals Corp announce that it has entered into a strategic alliance with Impala Platinum Holdings Limited, the world’s second largest primary platinum producer. The alliance will focus on PGE-Nickel exploration in Ontario, Canada. Under the terms of the strategic alliance agreement, Implats will fund $900,000 towards HTX’s Nickel-Copper-PGE Ontario project generation activities over...
A U.S. based independent oil and gas company, Lucas Energy, Inc, Told the press about an update on Bonanza Oil and Gas, Inc.’s Apclark Project, in which Lucas is a minority shareholder, located in Borden County. Bonanza Oil and Gas, Inc., an independent oil and gas company, reported that its Everett #7 well, the second in a series of 14 horizontal and 53 vertical wells planned for the Apclark...
For major mining companies such as Rio Tinto and BHP Billiton, the future life is a combination of their exploration work and enterprise: to find things on their own, to be approached by other companies in deals , or make acquisitions. Rio growth with Alcan bought last year and is now off fighting an attempt by BHP Billiton to do that to himself. Rio says the bid does not evaluate it properly. In its...
Coal is making a comeback. In an industrial corner of South Jersey, on a 300-acre parcel of land on the Delaware River, a company has negotiated for the last two years to build a $1 billion coal-burning electric plant that could juice 500,000 homes. It is one of 150 coal-burning power plants on drawing boards around the nation and part of a back-to-the-future resurgence for the fossil fuel sewn into...