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Random News from Mining Top News

Australian miner Mincor buys more nickel ground

Australian outback miner Mincor Resources N.L. said on Monday it has paid A$30 million ($23.6 million) to peg new ground in the hopes of finding more nickel.
The move pushed Mincor shares up more than 6 percent at one point. At 0350 GMT, the stock was 3.2 percent firmer at A$2.23. In January shares were A$0.64.
Nickel [...]

Pantera Petroleum achieves target zone depth

Pantera Petroleum, Inc has recently told the press that its Sibley 84 #1 re-entry well drilling has achieved its target depth for the objective of commencing commercial gas production from the Devonian and Fusselman target pay zones. We plan to have Gray Wireline now log the well, and the new data will be correlated with [...]

Gilla Acquiring Terra Merchant Resources Corporation

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of [...]

Tag: terra marchant, method of bleg and sediment stream sampling for gold exploration

Nevada Leads Nation in Mining Claims

A new report being released today shows metal mining claims on federal lands in the West have increased almost 50% in the past four years.
An environmental advocacy group says its review of Bureau of Land Management records found that the number of metal mining claims jumped from 220,000 at the end of 2002 to almost [...]

CBR Gold Corp Closes $2.3M Private Placement

CBR Gold Corp. announced that it has closed a non-brokered private placement of 4,597,000 units of the Corporation (each a “Unit”) at a price of $0.50 per Unit for gross proceeds of $2,298,500. Each Unit consisted of one common share of CBR (“Common Share”) and one non-transferable share purchase warrant (“Warrant”) entitling the holder to [...]

Tag: cbr mining, cbr gold corp

Park service must review drilling impact

The National Park Service failed to take ”a hard look” at the environmental impact of directional drilling on land adjacent to the Big Thicket Preserve in Southeast Texas, a federal judge ruled last week.
Judge John D. Bates said that the park service’s findings of no significant impact were ”arbitrary and capricious” and that the agency [...]

Nexant Expands Global Gas Sector Services

Nexant announced today that three gas industry experts—Mike Fulwood, Brian Little, and John Conway—have joined the company’s global gas practice. The three are former principals and founders of Energy Markets Partners LLP, a U.K.-based energy consultancy specializing in natural gas markets. Additionally, Nexant has also acquired a unique proprietary natural gas model that was developed [...]

Tag: johnny petro america corp, possible environment effect of uranium mining at manyoni, environment impact assessment in uranium mining at manyoni

Enterra Energy Trust Announces March 2007 Distribution of US$0.06

Enterra Energy Trust announces that a cash distribution of US$0.06 per trust unit will be paid on March 15, 2007 in respect of the February 2007 production. The distribution will be paid in U.S. funds to unitholders of record at the close of business February 28, 2007. The ex-distribution date is February 26, 2007.
For [...]

Vortex Resources Corp. (VTEX) Exercises Option on Fifth Well Following 100% Success Rate on Initial Drilling Program

Vortex Resources Corp. announce that it is exercising the option to drill its fifth well in Adams-Baggett Field in Crockett County, Texas. After successfully drilling three wells in the Adams-Baggett area and awaiting the results from the fourth well, the management of Vortex has decided to move forward with exercising the option to drill its [...]

Tag: vortex energy corporation, vortex energy corp, vortex exercise cost, vortex mine montana

Alcoa Board Elects Kurt Waldo Vice President and General Counsel

Alcoa announced today that the Alcoa Board of Directors has elected Kurt Waldo, 53, as Vice President and General Counsel, responsible for leading Alcoa’s global legal team. He had been Deputy General Counsel with responsibility for the antitrust, merger, acquisition and divestiture practice areas.
Alcoa also announced that Jake Siewert, 44, has been named Vice President, [...]

Tag: alcoa acquisitions kofem, vice president responsibilities mining