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Random News from Mining Top News

Grizzly Diamonds Completes Drilling at the Legend Kimberlite

Grizzly Diamonds Ltd. is very pleased to announce that it has completed drilling at the Legend Kimberlite. In total, 13 core holes were drilled at the Legend Kimberlite and approximately 5 tonnes of kimberlite were recovered. Recent drilling by the Company demonstrates that the Legend Kimberlite is a complex multi-phased kimberlite, whereby certain distinct [...]

Unico, Inc. Issues Statement on Press Release Issued by Krause Kalfayan Benink and Slavens, LLP

Unico, Incorporated, a natural resource company in the precious metals mining sector, today issued a statement regarding a press release issued by Krause Kalfayan Benink and Slavens, LLP, a law firm located in San Diego, California on August 15, 2008. The press release stated that Krause Kalfayan Benink and Slavens, LLP had filed a derivative [...]

Tag: unco ob deer trail, mining joint venture press statement or release, unico mining, unico derivative

Strike forces closure of Inco nickel mine

Nickel prices vaulted up by 5 percent on Friday as Inco Ltd. said it was starting an “orderly shutdown” of its Voisey’s Bay nickel mine in Canada after workers walked out.
Some 120 employees of a total workforce of 420 walked out at midnight at Voisey’s Bay, one of the world’s largest nickel mines, after talks [...]

Tag: snclavalin

Demolition of mine collapse homes

Work to demolish bungalows close to an exposed mine shaft in Cumbria was beginning on Monday.
Householders had to flee their homes in Egremont when a former iron ore mine caved in a year ago.
Last week Copeland Borough Council granted permission for the properties to be bulldozed to allow engineers to cap the shaft and make [...]

Full Metal Awarded Lease for Chickaloon Metallurgical Coal Prospect

Full Metal Minerals (TSX VENTURE:FMM.V – News) is pleased to announce that it was notified by the Alaska Mental Health Trust that the Company has been awarded a coal lease covering 22,647 acres. The lease area includes Alaska’s only significant occurrences and past-producing operations of metallurgical coal. In the area of the Chickaloon Coal lease, [...]

Baseline Oil & Gas Provides Update on Recent Developments

Baseline Oil & Gas Corp. (OTC Bulletin Board: BOGA – News; “Baseline” or the “Company”) announced today that its 50% owned subsidiary, New Albany – Indiana, LLC (“New Albany”) has entered into a Joint Operating Agreement (JOA) with El Paso Exploration & Development Corp., Pogo Producing Company and Aurora Energy Ltd., pursuant to which New [...]

Tag: nyinahin bauxite mine, map of ghana bauxite mines

BLM auctions drilling rights in Utah

Oil-and-gas players bid up to $475 an acre for drilling rights on public land Tuesday, but some were still angry over a judge’s decision two weeks ago that they say robbed them of parcels they’d already won in areas of Utah considered worthy of wilderness protection.
At a fast clip, the Bureau of Land Management auctioned [...]

Tag: tidewater oil and gas denver

Hawk Uranium Inc. Announces Extension to Term of Warrants

Hawk Uranium Inc. announce that it has received approval from the TSX Venture Exchange to extend the term of issued and outstanding warrants exercisable for a total of 506,668 common shares. The Warrants were issued as part of a private placement that closed on October 13, 2006 in which 1,000,002 flow-through units (each consisting [...]

Tag: platinum diversified mining warrants, pgm mining news

Cabot Oil & Gas Corporation Announces Pricing and Upsizing of Public Offering

Cabot Oil & Gas Corporation announced that it has priced a public offering of 4,350,000 shares of its common stock at price to the public of $65.27 per share. The size of the offering represents an increase over the 3,600,000 shares that the Company had previously announced. Proceeds of the offering are expected to [...]

Atlas makes first shipment of nickel ore to China

ATLAS Consolidated Mining and Development Corp. said it had made its first shipment of nickel ore to China, sending 19,000 metric tons from its Berong mines in the western province of Palawan.
“This is a trial phase. This is the first shipment of laterite nickel ore that departed from the Berong anchorage,” Atlas president Alfredo Ramos [...]