Lara Exploration Ltd.: Independent Review and Technical Report Completed on the Sao Lourenco Tin Project
Lara Exploration Ltd. to report that Anglo Latina Consultores S.A.C., of Lima, Peru (“Anglo Latina”) has completed a positive and independent review of the Company’s Sao Lourenco tin project in Rondonia State, northwest Brazil. Anglo Latina has also prepared a Technical Report on the project to NI 43-101 standards, entitled “THE SAO LOURENCO TIN PROJECT, RONDONIA STATE, BRAZIL”,...
U.S. Energy Corp. Receives Milestone Payment From Thompson Creek Metals Company Inc.
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, geothermal, and real estate, announced that the January 1, 2009 $1 million option payment was paid by Thompson Creek Metals Company USA on January 2, 2009 on behalf of Mt. Emmons Moly Company pursuant to the Exploration, Development and Mine Operating Agreement signed in August 2008. “Thompson...
Quaterra Secures an Option to Acquire the Willow Creek Porphyry Molybdenum Prospect in Montana
Quaterra Resources Inc. announces that it has secured an option with the Willow Creek Discovery Group, LLC, to acquire 100% of the Willow Creek porphyry molybdenum prospect in southwestern Montana, 40 miles southeast of Missoula and 10 miles northwest of Phillipsburg. The Willow Creek prospect is located within the prolific northeast-trending Idaho-Montana porphyry belt, which includes major producing...
Firm Advises Sonangol in $7 Billion Natural Gas Transaction
The global law firm of Thompson & Knight has assisted Sonangol, the state-owned oil company of Angola, in a transaction for one of the world’s largest integrated natural gas projects. Under terms of the deal, Sonangol’s Sonagas unit and Chevron Corp., together with their European partners Total SA, BP PLC, and Eni SpA, have agreed to invest more than $7 billion in a new liquefied natural gas...
Enterprise, TEPPCO and Oiltanking Plan Texas Offshore Crude Oil Port and Pipeline System
Enterprise Products Partners L.P. and Oiltanking Holding Americas, Inc. announced they have formed a joint venture to design, construct, own and operate a new Texas offshore crude oil port and pipeline system to facilitate delivery of waterborne crude oil to refining centers along the upper Texas Gulf Coast. The initiative will provide an efficient alternative to offshore lightering and inland dock...
Consolidated Thompson Iron Mines Signs Rail Transportation Contract With Quebec North Shore and Labrador Railway Company
Consolidated Thompson Iron Mines Limited announced that it has entered into a transportation agreement with the Quebec North Shore and Labrador Railway Company, Inc. (“QNS&L”) for the transportation of iron ore concentrate generated from the Bloom Lake iron ore project. The agreement provides that iron ore concentrate from the Company’s Bloom Lake property will be carried on...
Crowflight Acquires Additional Ground Near Historical Producer in Thompson Nickel Belt, Manitoba
CROWFLIGHT MINERALS INC. is pleased to announce that it has acquired additional property adjacent to the former producing Manibridge Nickel Mine in the central portion of the Thompson Nickel Belt, approximately 15 kilometres south of its Bucko Lake Nickel project, currently under development. Crowflight has added approximately 83 square kilometres (32 square miles) to its 100% owned property position...
Dirty business of coal could get makeover
State regulators on Tuesday signed off on plans to build one of the nation’s first plants that would turn dirty coal into cleaner fuel, generating electricity while dramatically reducing smog and mercury pollution. If built amid cornfields outside Taylorville, about 200 miles southwest of Chicago, the 630-megawatt plant would provide a lucrative boost to the state’s beleaguered coal industry....
Sierra Geothermal Power Completes Drilling at Reese River, Nevada
Sierra Geothermal Power Corp. reported today that drilling has been completed at the company’s Reese River Project, Lander County, Nevada. Well 56-4 was successfully drilled to a total depth of 1200 m (3930 ft). Testing for geothermal reservoir characteristics has now begun with results pending. The drilling program was operated by Sierra Geothermal’s US subsidiary. Partial funding of...
EAST TEXAS DRILLING REPORT, OCTOBER 8
DEVELOPMENTAL Panola County # In a lease 11.1 miles west of Carthage, in a wildcat field, the R.D. Browning GU Well No. 6 will be drilled by AC Exploration. The well will be drilled to 10,200 feet in the Morgan, E Survey, A-469. The well may also be drilled in the Beckville (Travis Peak) Field, the J.G.S. (Rodessa Gloyd) Field, the Fairplay, Northeast (Travis Peak) Field, the Carthage (Pettit, Lower)...
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...
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