Gold Coast Mining and Western Sierra Expand Mining Agreement

Gold Coast Mining Corp. announced that the Company and Western Sierra Mining Corp. have agreed to expand their current joint venture. Western has agreed to contribute its SunGold Mine project to the joint venture. SunGold consists of 75,000 ounces of indicated gold resources worth an estimated $60 million dollars. The SunGold mine is located about 24 miles southwest of Prescott, Arizona and consists... 

Western Sierra Begins Pre-Production Testing of Gold Basin Mine

Western Sierra Mining Corp. announced that it has initiated pre-production testing for the Gold Basin placer mine, located near Wilhoit, Arizona. Total proven gold reserves for the mine exceed 150,000 ounces, with additional probable and indicated gold reserves of 400,000 ounces. The Gold Basin Placer Mine is currently being operated under a lease option from Pine Creek Mining. Western Sierra has an... 

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Cambridge Energy Corporation Announces Joint Venture for Gold River Mine Project

Cambridge Energy Corporation announced that the Company has entered into a joint-venture agreement for production of the Gold River Mine Group, including noted properties with extensive mining histories and precious metal ore bodies that are geologically well documented including The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and The Treasure Gulch Mine. Based on historic... 

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Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province... 

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Grande Cache Coal Q4 loss widens to $4.7M from year-ago $2.6M, revenue falls

Grande Cache Coal Corp. says its fourth-quarter loss widened to $4.7 million from a year-ago $2.6 million as revenue fell to $13.8 million from $27 million amid transport problems. Bad weather, a labour dispute and track disruptions during the quarter restricted the amount of coal that could be moved to the port by CN Rail (TSX:CN), limiting metallurgical coal sales to about 100,000 tonnes. The loss... 

Bangladesh holds huge intact coal energy

As uncertainty clouds the mining of county’’s abundant wealth of coal, government has missed a deadline for doubling the current volume of power by generating an additional 4,000 megawatts of electricity under a master plan, reports UNB. Eight new power plants, having a total 4,000MW capacity, were planned for setting up by 2005 as per the Power System Master Plan (PSMP). The government... 

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Chronology of mine safety legislation

_Jan. 2 Sago Mine explosion results in 12 deaths _Jan. 9 West Virginia Gov. Joe Manchin appoints former federal Mine Safety and Health Administration director J. Davitt McAteer to conduct special Sago investigation. New Mexico conducts unscheduled inspection of its only underground mine on orders by Gov. Bill Richardson. _Jan. 19 Two miners die in fire at Aracoma Alma No. 1 Mine in Logan County. _Jan....