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Random News from Mining Top News

Lundin Mining Corporation: Tenke Project Update

Lundin Mining Corporation is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. (“Freeport”). Upon completion of this first phase of Tenke development, the [...]

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Arch Coal impresses lawmakers

West Virginia lawmakers said they were impressed with a $300 million coal mine and processing facility they toured in Logan County Sunday. They praised the Arch Coal Inc. plant for being state-of-the-art, safe and efficient.
That investment, however, comes at a cost for the environment and some residents, critics say.
Arch officials told lawmakers that this facility [...]

Tag: logan county mining coal companies

Macusani Yellowcake Announces Reinstatement Of Consulting Arrangement With IQuanox Inc.

Macusani Yellowcake Inc. is pleased to announce that its consulting arrangements with Toronto-based IQuanox Inc. (“IQuanox”) have been reinstated. In conjunction with the listing of Macusani on the TSX Venture Exchange (the “Exchange”) in November 2007, the Exchange requested that the consulting arrangements with IQuanox be suspended pending a review by the Exchange. The Exchange [...]

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Minefinders Commences Leaching at the Dolores Mine and Provides Other Updates

Minefinders Corporation Ltd. report the commencement of leaching operations at its Dolores gold and silver mine in Chihuahua, Mexico and provide an update on mine operations.
Commencement of Leaching and Dolores Update
“Leaching of the first ore panel has commenced and we anticipate first gold and silver production in the next few weeks” said Mark Bailey, Minefinders’ [...]

Entree Commences Drilling at Lordsburg, New Mexico

Entree Gold Inc. has commenced drilling on the western target at the Lordsburg, New Mexico copper-gold porphyry project. The Lordsburg project is located within a southeast-trending belt which hosts several large current and past copper producers, including Freeport McMoran’s Morenci, Tyrone, Chino and Safford operations.
The budgeted drill program is planned to include 2,700 metres (8,850 [...]

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EXMIN Closes Sale of Moris Mine Interest to Hochschild

EXMIN Resources Inc. announces that it has completed the previously announced sale of its 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican company that owns the assets of Moris mine project, for US$1.5 million, to a subsidiary of Hochschild Mining Plc. (Hochschild). The sale was completed pursuant to [...]

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Serengeti and Fjordland Identify Six Priority IP Targets for Follow-Up on Their QUEST Project

Serengeti Resources Inc. and its 50%-50% joint venture partner, Fjordland Exploration Inc. are pleased to report that they have selected six priority target properties (Q, ST, MP, Copper, Ping and Mil) from their recently completed 110-line kilometer reconnaissance induced polarization (IP) surveys under their QUEST project for follow-up work. The IP surveys were conducted over [...]

Hargreaves looks to coal for growth

KING coal is making a comeback as dwindling oil and gas supplies make investors nervous.
The Royal Bank of Scotland has provided working capital to support Hargreaves Services in its new joint venture with UK Coal ”“ Coal 4 Energy.
Coal 4 Energy will allow both companies to provide the domestic and light commercial sector with coal [...]

Delta Oil & Gas Elects to Participate in Drilling of an Additional Development Well at Owl Creek, Oklahoma, Drilling to Commence Shortly

Delta Oil and Gas, Inc. is pleased to announce that it has elected to participate in the drilling of an additional development well (the “Isbill #2-36″) located in Garvin & McClain Counties, Oklahoma, USA (“Owl Creek Prospect”).
The entire Owl Creek Prospect has been totally reinterpreted over the past few months after integrating all the seismic [...]

Silver Standard Resources Inc.: Sale of Silvertip Project Closes

Silver Standard Resources Inc. report that the sale of the Silvertip Project to Silvercorp Metals Inc. closed on February 26, 2010.
Silver Standard was issued 1.2 million common shares of Silvercorp at a deemed price of $6.25 per common share, and received a cash payment of CDN$7.5 million, for total consideration of CDN$15 million for [...]