Timberline Receives Permit to Begin Development At Its Butte Highlands Gold Project
Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct...
Pele Mountain Signs Agreement With the City of Elliot Lake for Surface Rights at Eco Ridge Mine Project
Pele Mountain Resources Inc. announced the signing of a 21-year lease agreement (the “Lease”) between Pele’s wholly-owned subsidiary, First Canadian Uranium Inc. (“First Canadian”), and the City of Elliot Lake (the “City”) in respect of surface rights to key mining claims owned by First Canadian at its Eco Ridge Mine Uranium Project in Northern Ontario. The...
Delta Petroleum Corporation Announces Increased Commitments for New Revolving Credit Facility to $295 Million
Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced that it has received commitments from its expanded bank group for a new $590 million revolving credit facility (the “credit facility”) with an initial borrowing base of $295 million, an increase from the previous borrowing base of $250 million. The increase to both the borrowing base and...
Palladon Ventures Ltd.: Mining Begins Today at Iron Mountain
Palladon Ventures Ltd. (“Company”) (CDNX:PLL.V – News)(Frankfurt: PV-1) through its subsidiary, Palladon Iron Corporation, resumed mining operations today at the Iron Bull Mining & Milling facility at Iron Mountain, Utah. The historic mine has produced over 80,000,000 tons of material since 1853, but has not been actively mined since 1996. Blasting and mining began today as the...
Pele Mountain Initiates Permitting Process at Eco Ridge Mine
Pele Mountain Resources Inc. announced today that the Company has submitted the Project Description for its Eco Ridge Mine to the federal government’s Major Projects Management Office and the Canadian Nuclear Safety Commission (CNSC). The submission of this document initiates the official permitting process for the Company’s planned uranium mine and processing facility near Elliot Lake...
Homeland Energy to Purchase US-Based Appolo Fuels and Diversified Energy for US$105-Million
Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, respectively. The total purchase...
General Moly Updates Mt. Hope Permitting Progress
General Moly Inc. provided a permitting progress update on Mt. Hope and reiterated its current expectation to receive all required permits by mid-2009. Bruce D. Hansen, Chief Executive Officer, said, “We continue to execute against our permitting timeline and have filed applications for the key Nevada State permits. Although we recognize that we do not fully control the ultimate timing, our technical...
Palladon Announces Annual General Meeting and Start-Up of Operations at Iron Mountain
Palladon Ventures Ltd. is pleased to announce that it will hold its Annual General Meeting on Wednesday September 17th 2008, at 9:00 a.m. at the Company’s corporate offices in Salt Lake City, Utah. Palladon Iron Corporation (“Palladon Iron”) has initiated operations at the Iron Mountain facility in Cedar City, Utah in anticipation of the first shipment of iron ore from the site during...
Pele Mountain Advances Mine Planning and Scoping Studies on 33-Million Pound Uranium Oxide Resource at Elliot Lake
Pele Mountain Resources Inc. announced that mine planning and other scoping studies continue to advance on schedule at its 100-percent owned Elliot Lake Uranium Project in Northern Ontario. The focus of the ongoing studies is to establish the basis for economically viable, safe, and environmentally compliant mining and processing facilities at Elliot Lake where an inferred resource of over 33 million...
Canyon Begins Core Drilling and Provides Update on Its Reward Project in Nevada
Canyon Resources Corporation, a Colorado-based mining company, is pleased to announce the start of a four-hole, 1,600-foot core drilling program at its Reward Gold Project in Nye County, Nevada. The drilling program, part of the ongoing feasibility study at Reward, will consist of four 2.5 inch-diameter holes which will provide structural and rock mechanic information and material for metallurgical...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
