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Random News from Mining Top News

Vantex Acquires 100% of the Perron Property

The management of Vantex Resources Ltd. announce that it acquired 100% of the Perron property, located south of the Galloway Project.
Following an initial agreement with the company 9189-9419 Quebec Inc. (The “Seller”) Vantex Resources Ltd. had to invest a sum of $ 250,000 in work over the next few years to acquire 40% interest in [...]

Medoro Resources Drilling Confirms Historical Data

Medoro Resources announced Friday initial diamond drilling results from its Lo Increible gold properties in Venezuela where it confirmed the historical data in La Cruz where two sub-parallel shear-hosted mineralized bodies have been better defined.
The Lo Increible properties are located in the El Callao mining district, a major gold production district in the Guyana Shield.
In [...]

Kinross Completes Acquisition of 40% Interest in Lobo-Marte Project in Chile From Anglo American

Kinross Gold Corporation announced that it has completed its acquisition of a 40% interest in Minera Santa Rosa SCM from certain subsidiaries of Anglo American plc for an aggregate purchase price of US$140 million. Minera owns 100% of the Lobo-Marte gold project located in the Maricunga district of northern Chile, roughly midway between Kinross’ Maricunga [...]

Tag: petaquilla

Indonesian coal deal done, Tatas eye ships

The Tata Power Company Ltd is exploring to buying vessels and stakes in shipping companies to transport coal from Indonesia.
On Wednesday Tata Power completed its acquisition of a 30 per cent stake in Indonesian thermal coal producers, PT Kaltim Prima Coal and PT Arutmin Indonesia, along with related trading companies owned by PT Bumi Resources.
The [...]

Alhambra Resources Ltd. – Appointment of New Director

John J. Komarnicki, Chairman and Chief Executive Officer of Alhambra Resources Ltd., on behalf of the board of directors is pleased to announce the appointment of Mr. Graham A. Karklin as a director of the Corporation effective May 05, 2008.
Mr. Karklin has 34 years of experience in the international mining industry including Central Asia, Australia, [...]

Tag: graham karklin mining

Takara Resources Inc.: Update-South African Coal Applications and Other Projects

Takara Resources Inc. announces that it has been actively addressing the criteria required by the South African Department of Minerals and Energy, in order to obtain prospecting rights on 5 projects prospective for coal, all of which are located in a region that is active in coal exploration and production.
Over the summer, Takara has, together [...]

Tag: noble bibiani

Release of nuke-site drilling study delayed

The release of a federal study that could lead to drilling around the site of a 1969 underground nuclear blast in western Colorado has been delayed until late spring.
The computer-modeling study gauges whether radioactive byproducts have migrated from the blast site near Rulison and whether drilling in the area could affect the underground movement of [...]

Entre Gold Expands Lordsburg Copper-Gold System

Entrée Gold Inc. a Canadian mineral exploration company has expanded its Lordsburg copper-gold discovery in New Mexico, intersecting significant intervals of porphyry-style copper-gold mineralization in three additional holes. Of particular note, a near surface intersection in hole EG-L-09-006 returned potentially economic grades of 0.2% Cu and 0.2 g/t Au over 118 metres (390 feet).
Three additional [...]

Tag: oil discovery under paris, als test result 09

Northern B.C. mining town of 4,000 evacuated as forest fire approaches

Residents of the northern B.C. mining town of Tumbler Ridge had to flee their homes Monday night because of an approaching forest fire.
All 4,000 people in the area were told to leave under an evacuation order as the Hourglass fire came within 11 kilometres of the town, said Baljinder Jacques of the Provincial Emergency Program. [...]

Tag: mike caisley, creston point energy trust

Int’l Power buys Euro wind farms for £379m

International Power has acquired the 436 MW Levanto onshore wind farm portfolio from Christofferson Robb & Company for an enterprise value of £379m.
The Levanto wind farms comprise 286 MW of capacity in operation, 126 MW under construction, due to start operation in 2007, and 24 MW of fully permitted capacity, expected in 2008.
Some 409 MW [...]