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Random News from Mining Top News

Banro Files NI 43-101 Technical Report on Twangiza Pre-Feasibility Study

Banro Corporation announce that following publication on July 7, 2008 of the results of the Pre-Feasibility Study on its wholly-owned Twangiza gold project, the Company has filed on SEDAR (www.sedar.com) the accompanying technical report. The report is dated August 13, 2008 and entitled “Pre-Feasibility Study NI 43-101 Technical Report, Twangiza Gold Project, South Kivu Province, [...]

Tag: is there the gold in maniema

Pan African Mining Corp. Identifies Seven New Nickel Laterite Targets in Madagascar

PAN AFRICAN MINING CORP. is pleased to announce that it has identified seven new nickel laterite targets within its license area in Madagascar. These targets were identified by the detailed analysis of recently flown airborne magnetic and radiometric surveys in conjunction with the processing of Landsat remote sensing data. Detailed analysis was performed by consulting [...]

Bayswater Initiates Drilling Program at Brudell Lake Project in Athabasca Basin

Bayswater Uranium Corporation report that diamond drilling has commenced at the Brudell Lake Project located in the Athabasca Basin of Saskatchewan. Drilling is designed to test high priority uranium targets identified by the Company’s air and ground surveys, one of the largest surveys ever conducted in the Athabasca Basin, that identified five high priority favourable [...]

ADB chief urges Asia to make more efficient use of energy

Asia must use energy more efficiently because the actions of the world’s most populous continent will have a large bearing on climate change, Asian Development Bank president Haruhiko Kuroda said.
“Climate change is a reality that we can no longer ignore and one that we have to take immediate action to mitigate and adapt to,” Kuroda [...]

Texas Wyoming Drilling, Inc. Enters Into Agreement With Legacy Rock Company

Texas Wyoming Drilling, Inc. a publicly traded company on Pink Sheets, has announced that it has entered into a joint venture agreement with Legacy Rock Company, a Nevada based corporation, to mine and distribute Calcium Carbonate from properties owned by Legacy Rock Company. TWDL will be in charge of operations and profits will be divided [...]

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European consortium to build uranium enrichment plant in US

US authorities have given a European-led consortium peremission to build the first uranium enrichment plant in the United States for 30 years.
The Nuclear Regulatory Commission said the new 1.5 billion dollar plant would be built at Eunice in New Mexico by Louisiana Energy Services (LES).
Work on the National Enrichment Facility (NEF) is to start in [...]

Merrex Increases Ownership to 100% in Siribaya Gold Project

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex is increasing its stake in the Siribaya Gold Project, by acquiring an additional 5% carried interest for 2,000,000 common shares.
Increase in Siribaya Ownership
“Merrex is acquiring the outstanding 5% carried interest from our Mali Partner, Touba Mining” said President Gregory Isenor. “Merrex will [...]

Tag: touba mining mali

Victory Energy Repositions Tenth Well — Projected Valuation of Gas Prospect

Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]

Roxi Petroleum Plans AIM Listing

Roxi Petroleum, a company formed to buy controlling interests in and develop oil and gas assets in Central Asia, (initially Kazakhstan), is planning a listing on AIM with the issue of 168,207,490 ordinary shares at 38 pence each.
The company said it expects to raise 38.9 million stg before expenses and to have a market capitalisation [...]

Cabo awarded contract to drill a minimum 35,000 feet for Rio Grande Silver Inc.

Cabo Drilling Corp.’s U.S. subsidiary Advanced Drilling Inc. has been awarded a contract to drill a minimum of 35,000 feet of surface core drilling on Rio Grande Silver’s San Juan Silver Exploration Project, located north of Creede, Colorado.
The initial phase of drilling is designed to test the north extension of the Bulldog vein system which [...]

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