Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to provide an overview of the current state of gold exploration in Nevada. Nevada is a world-famous, mining-friendly state and the leading gold-producing state in the United States. According to the January 2008 U.S. Geological Survey, in 2007, approximately...
Electra Gold Ltd. announce the engagement of Jedway Enterprises as the prime mining contractor at its PEM100 Quarry, located on Northern Vancouver Island. The readily accessible alumina and silica resources that are mined form the raw materials component supplied to major cement companies in the making of cement. In this economic downturn we are projecting to supply over 100,000 metric tonnes to our...
Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that at the end of 2008, Dave Mathewson was appointed as CEO, President and Chief Geologist of the Company. Dave Mathewson is well known in the Nevada gold community. He has been an exploration geologist for over 35 years and has spent the last...
Electra Gold Ltd. announce the acquisition of the Hushamu Coal Project along Holberg Inlet only 2.5km from its flagship PEM100 Quarry on Vancouver Island, British Columbia. The area is secured by the application for a coal license over an area of 300 ha at a cost of $7.00 per ha. Previous work on the property that was completed by S. Gardner, P.Geo. in 1985 indicated that the Hushamu coal zone could...
Piedmont Mining Company, Inc. announced the signing of a Letter of Intent with Nevada Eagle Resources LLC, a wholly owned subsidiary of Gryphon Gold Corporation (TSX: GGN), to enter into an ‘exploration agreement with option to form joint venture’ on a gold discovery by Duval International in 1985 at Morgan Pass, approximately 12 miles southwest of Wendover in Elko County, Nevada. This...
Gold is returning to the North as Miramar Mining (TSX:MAE) readies a site along Canada’s Arctic coast for the first new gold mine development in a generation. “It’s a great opportunity to see it coming back,” said Larry Connell, Miramar’s environmental manager. Crews are now quarrying rock near the Vancouver-based company’s Doris North deposit in Nunavut and at the...
President Olusegun Obasanjo yesterday signed the Mining Bill into law, predicting a new dawn for the country’s mining industry. He said the new mining law was bound to accelerate foreign direct investment in the sector. The President whose speech was read by the Secretary to the Government of the Federation Chief Ufot Ekaette at the opening of the mining investment conference in Abuja, said a...
Lawmakers in an Argentine province famous for its wine and ski resorts have suspended all open-pit mining due to strong environmental opposition, deputies and industry sources said on Thursday. The western province of Mendoza is synonymous with Malbec vines grown in the plains below the Andes, but rising metal prices have generated increased interest in its mining potential and in turn fueled anti-mining...
Mineral production from mining and quarrying sector in May grew 3.3 per cent at Rs 6,503 crore as compared to that in the preceding month. The production figures did not include atomic and minor minerals. Production in May was higher by three per cent over the same month of the last year, an official release said. The mineral sector grew 3.19 per cent during April-May 2006 as against the same period...
Mineral production from mining and quarrying sector in April 2006 increased 4.31 per cent at Rs 6,251 crore, as compared to the corresponding month in the previous year, with coal contributing 41 per cent to the total revenues. Coal contributed 41 per cent to the total revenue generated at Rs 2,560 crore. Petroleum (crude) at Rs 1,533 crore is the second highest contributor, while natural gas (utilized)...