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Random News from Mining Top News

Tonogold Resources, Inc. Completes Drilling and Sampling Program at Nyac, Alaska Gold Project

September 1st, 2006

Tonogold Resources, Inc. has completed their 2006 core drilling, sampling and mapping program at their 83,200 acre Nyac Gold Project in the Tintina Gold Belt of southwest Alaska. The Company has shipped 4,137 soil samples, 55 rock chip samples and 1,361 core samples to the assay lab, ALS Chemex. Assays are reported from the first [...]

Conway Releases Preliminary Results of Bulk Sampling on the Conway Paquin Property

December 2nd, 2008

Conway Resources Inc. announce the preliminary results of a bulk sampling program on the Conway and Paquin gold-bearing veins at its Conway Paquin property near Belleterre, in northwestern Quebec.
Preliminary results from check samples returned weighted average grades of 31.15 g/t gold for the Conway vein and 19.88 g/t gold for the Paquin vein.
“These spectacular results [...]

China Gengsheng Minerals, Inc. Announces a 5-Year Sales Contract for Fine Precision Abrasives

July 28th, 2008

China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has signed its first sales contract for its fine precision abrasive products with a Taiwan-based vendor. The term of the contract [...]

Northern Hemisphere Development Corp.: Drilling Results of Winter 2005/2006 Natural Gas Exploration Program

October 24th, 2006

The Board of Directors of Northern Hemisphere Development Corp. are pleased to report the release of drilling results for the FET et al c-36-A/94-G-15 and a-13-B/94-G-15 wells drilled during the winter 2005/2006 drill season.
FET et al Tommy c-36-A/94-G-15
The FET et al Tommy c-36-A well was spudded on December 12, 2005 and reached a Total Depth [...]

Pilgrim Petroleum FY06 Profit Rises 1000%; Revenues Up 800%

February 2nd, 2007

Pilgrim Petroleum Corp. posted full year 2006 net income of $516 thousand, up 1000% from $38 thousand in the last year.
Exceeding expectations, the company’s net revenues for the year rose 800% to $1.47 million from $0.15 million in the prior year.
Annualized return on average assets was 43.2% and return on average equity was 47.6% for [...]

Coal Symposium in Bluefield Focuses on Safety

September 29th, 2006

The governor says safety is his top priority. He spoke of the recent tragedies, as well as the accomplishments the coal industry has made, when it comes to safety. Also at the conference today, a commission the governor and his staff have been working very closely with, revealed new information. The Commission on Mine [...]

Grande Portage Resources Ltd. Consistently Intersecting Sulphide – Bearing Quartz Veins at Pass Property

September 3rd, 2008

Grande Portage Resources Ltd. announce that it has completed 10 NQ diamond drill holes from three drill setups at its 100% owned gold-silver property near Smithers, B.C.
The initial drill program was designed to focus on the high-grade gold-silver bearing polymetallic quartz veins from which selected grab samples collected in 2007 assayed up to 72.95 g/t [...]

TECO Energy Announces the Formation of a New Subsidiary, SeaCoast Gas Transmission, LLC

August 4th, 2008

TECO Energy announced the formation of a new subsidiary, SeaCoast Gas Transmission, LLC, to develop and own a high-volume Florida intrastate natural gas transmission pipeline.
Natural gas continues to play a major role in serving the incremental energy needs in the State of Florida, and this new subsidiary provides TECO Energy with an opportunity to participate [...]

Dumont Nickel Names David Wahl To Board

July 17th, 2006

Dumont Nickel Inc. on Monday revealed the appointment of David Wahl to the company’s board of directors. The company noted that Wahl, who is the president of Southampton Associates Inc., has served as an independent director to a number of publicly listed companies including Temex Resources Corp., Tintina Mines Ltd, and NSR Resources Inc.
Copyright(c) 2006 [...]

POSCO agrees sharp Australian coal price hike

April 7th, 2008

South Korean steelmaker POSCO said on Monday it has agreed to a sharp rise in coal prices with an Australian miner for fiscal year 2008.
POSCO, the world’s fourth-largest steelmaker, had agreed on a 205 percent to 210 percent hike in coking coal prices with the Australian supplier from April 1, a company spokeswoman said.
Earlier in [...]