No posts found. Try a different search?

Random News from Mining Top News

Uranium One Completes Australian Joint Venture Transactions with Mitsui

Uranium One Inc. and Mitsui & Co., Ltd. of Japan announced that all regulatory approvals required to close the joint venture transactions previously announced on October 15, 2008 have been obtained. Mitsui has now acquired a 49% interest in the Honeymoon project and Uranium One’s Australian exploration portfolio including the Goulds Dam and Billeroo projects, [...]

Tag: uranium one australia stuart shelf, mitsui uranium, potash mine transactions, mitsui co uranium australia, uranium transactions australia

ProspEx Resources Announces Kakwa Horizontal Well Results and Establishment of New Operating Area in West Central Alberta

ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program.
“Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive Officer. “I am also excited to announce [...]

Tag: prospex mining ghana, alberta shell horizontal gas wells, east kakwa, prospex resources, luling horizontal wells

Trueclaim Completes Assignment of Option to Acquire Up to a 100% Interest in the Scadding Gold Property

Trueclaim Exploration Inc. announce that it has completed the assignment (the “Assignment”) of an option and joint venture agreement between MPE International Inc. (“MPE”) and Currie Rose Resources Inc., pursuant to which the Company can acquire up to a 100% interest in certain provincial mining leases and mineral claims located in the district of Sudbury [...]

Tag: currie rose resources forum

Gold Falls, Heading for Weekly Drop on Speculator, Mining Sales

Gold fell, heading for the first weekly drop since early January, on selling by commodity speculators who had helped drive prices to a six-month high two days ago. Mining companies were also sellers.
Speculators sold gold when prices climbed to a 26-year high of $730.40 an ounce in May, U.S. government figures show. They probably bought [...]

Asia-Pacific Surpassed North America As The World’s Primary Oil Consuming Region In 2007

Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering.
This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea
Current Environment – Key Points
- Crude oil prices [...]

Tag: burgundy global exploration corporation, foxxe poza rica, kenya oil drilling news of first well, pacific asian atlantic foundation, questerre

Global Petroleum sinks on Sokwe South decision

Global Petroleum continued its nosedive today as the oil explorer said the L7 joint venture has decided not to drill Sokwe South No. 1, offshore Kenya in this drilling campaign.
This follows Tuesday’s disappointment when it said the Pomboo-1 exploration well in Block L-5 of the Lamu Basin in Kenya has been plugged and abandoned after [...]

Connacher Oil and Gas limited receives EUB Approval Letter for Great Divide Oil Sands Project

Connacher Oil and Gas Limited (CLL – TSX) announced today it has received a letter from the Alberta Energy and Utilities Board (“EUB/Board”) which responds to the August 15, 2005 application by Connacher Oil and Gas Limited (“Connacher”), requesting approval to implement a steam-assisted gravity drainage (“SAGD”) scheme for the production of bitumen from the [...]

Exploration for Rubies, Gold and Marble in Cambodia

Terra Energy & Resource Technologies, Inc., a natural resource exploration services technology company, announces that the Company completed two projects for gold, rubies and marble exploration in Cambodia utilizing its innovative proprietary technology STeP®.
Both service contracts were awarded to Terra by The Millennium International Group, LLC, which has subsequently requested the Company to submit a [...]

Tag: rubies cambodia, exploration license for cambodia, marble prospecting companies, methods of extraction of minerals from marble, technology required for gold exploration

U.S. Senate rejects offshore drilling bill

The U.S. Senate Tuesday rejected an attempt to expand offshore oil and gas drilling to allow the states to generate revenue.
The Republican-backed proposal would have allowed states to drill off their coasts and share revenues with the federal government, the (Newport News, Va.) Daily Press reported.
The amendment would have amended a federal ban prohibiting offshore [...]

Bishops step up campaign against mining

Three senior Roman Catholic bishops on Wednesday stepped up their campaign against the mining industry, saying it destroyed both the environment and local communities.
”Mining in the Philippines not only destroys the environment but has become the vehicle for the violation of human rights, enthnocide of indigenous communities, and even deaths,” said Bishop Sergio Utleg [...]