Minco Silver Announces Court Ruling on Sunshine Mine Lease

Minco Silver Corporation announces that on May 15, 2009 the US Bankruptcy Court, District of Idaho released its Memorandum of Decision on Sterling Mining Company’s motion to assume and cure the lease of the Sunshine Mine of June 6, 2003 between Sterling and Sunshine Precious Metals, Inc. (“SPMI”) and a motion to approve a post petition financing proposed by Minco Silver. The Court... 

Tag: sunshine precious metals, appalachain fuel, appalachia fuel

Minco Silver Commenced Drilling on Fuwan Silver Belt

Minco Silver Corporation announce that it has initiated a 10,000 metre drill program on top showings along the Fuwan Silver Belt. Geosan, LLC, of Ulaanbatar, Mongolia, recently completed a detailed ground magnetic survey covering approximately 155 line kilometres as well as 21 line kilometres of dipole-dipole induced polarization survey. Combined with previous geochemical surveys consisting of 50,000... 

T. Boone Pickens Statement on Meeting With U.S. Senator Barack Obama (D-IL) in Reno, Nevada

Below is a statement issued by T. Boone Pickens following his meeting this morning with U.S. Senator Barack Obama (D-IL): “I enjoyed the opportunity to meet Senator Obama and discuss an issue that is America’s top priority, which is ending our dependence on foreign oil that today is approaching 70 percent of our imports and is costing us $700 billion a year. “I assured Senator Obama that... 

Minco Silver Appoints Chief Operating Officer

Minco Silver Corporation is pleased to announce that Mr. Christopher Zahovskis has been appointed as Chief Operating Officer for Minco Silver. Mr. Zahovskis will be based at the Head Office in Vancouver, Canada and will be responsible for the day-to-day operations of the Company. Mr. Zahovskis graduated from Queen’s University, Canada, with an Honors B.Sc. in Mining Engineering. He brings over... 

Tag: christopher zahovskis, saskatawan mining fatailty, list of chief operating officers of mining companies in the, sask mining fatality

Uranium Hunter Completes Aerial Survey on Tanzania Ruhuhu Uranium Project

Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (“NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium present in the... 

Sachs calls on U.S., EU to reconsider biofuel goals

Economist Jeffrey Sachs said the U.S. and European Union should reconsider their emphasis on biofuels made from crops grown on land that had previously been used to produce food. Speaking to reporters before an address to EU lawmakers, Sachs said targets to produce more such fuels “do not make sense now in a global food scarcity condition. “In the United States, as much as one-third of... 

Glencairn Gold Announces $2.5 Million 2007 Exploration Program in Nicaragua

Glencairn Gold Corp. announced that it has initiated a CDN$2.5 million exploration program at its Nicaraguan gold properties. The program will focus on the Limon Mine and the Mestiza Project as well as the Libertad Mine, where there has been no exploration since 1998. “We are pleased to be starting the exploration program for all three properties,” said Peter Tagliamonte, Glencairn President... 

To curb global warming, U.S. coal producers are adrift in choppy political seas

The battle lines have been clearly drawn between the Democrats in Congress, a handful of major names in the international mining industry and the National Mining Association and its coal company members. The Democrats’ victory in last year’s elections means Congress’s stance on environmental issues has changed dramatically. Gone is the champion of mining and big oil from the House... 

Cairo may get coal-diesel plant

Developers of a refinery capable of transforming coal into clean-burning diesel fuel — and transforming the economy of Alexander County, Ill. — have been promoting their idea this week in meetings with area officials. While the names of the investors are being kept secret, they have enlisted a retired Southern Illinois University administrator as a spokesman. The project, a $3 billion coal... 

Tag: cario illinois gasification plant

Diamonaire Now Wholly Owned by Pinnacle

Pinnacle Resources, Inc. announced that it has taken over 100% ownership in Diamonaire (Pty) Limited effective as of July 1, 2006. Since inception of the joint venture, Diamonaire has been owned equally by Ocean Options, a South African closed corporation represented by Chris Wilson, inventor and operator of the AquaWalker technology. Mr. Gamble, President of Pinnacle said that “The increased...