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Random News from Mining Top News

MIS Reports Record Number of 10 Rigs at its Yard

September 1st, 2008

UAE-based Maritime Industrial Services Co. Ltd. Inc. reports the award of several recent rig refurbishment projects worth over US$25mn thus bringing to ten the total number of rigs currently at MIS’ yard, five in refurbishment projects and the five new-build offshore jack-up drilling rigs currently under contract. This is the largest number of rigs MIS [...]

UEX Begins 2006 Summer Drilling at Hidden Bay and Announces 2006 Winter Exploration Results

August 23rd, 2006

UEX Corporation (“UEX”) is pleased to announce the results of the 2006 winter drilling program and the commencement of a 2006 summer drilling program on its 100% owned Hidden Bay Uranium Project (“Hidden Bay”). Hidden Bay is located in the eastern Athabasca Basin of northern Saskatchewan and totals 57,721 hectares (142,571 acres) in size.
2006 Hidden [...]

ExxonMobil Enters Black Sea with Exploration Agreement in Turkey

November 19th, 2008

Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration.
ExxonMobil will become operator during the initial exploration phase and earn a [...]

FuelCell Energy Announces New Process to Produce Hydrogen from Gas

July 7th, 2006

FuelCell Energy, Inc. (NasdaqNM:FCEL), a leading manufacturer of ultra-clean electric power generation plants for commercial, industrial, and government customers, today announced development of a cost-efficient system to separate pure hydrogen from a gas mixture that then can be sold as fuel for hydrogen vehicles or industrial uses. The U.S. Department of Defense (DoD) has awarded [...]

Transeuro’s Liard Basin Shale Well Flows at 10 mmcf/d

October 14th, 2008

Transeuro Energy Corp. and Questerre Energy Corporation announce their first successful test on the deeper shales in the Liard Basin, in Northeast British Columbia.
The program consisted of a series of mini-fracs and high pressure acid stimulations in the existing d-a64-K (A5) well, with the objective of evaluating the rock properties of the Liard shales and [...]

Kodiak Oil & Gas drilling Vermillion Basin well

October 31st, 2006

Kodiak Oil & Gas Corp. has provided an update on its 2006 drilling program in the Vermillion Basin in Sweetwater County, Wyo., and production update on its Williston Basin Bakken oil play in McKenzie County, N.D.
Kodiak recently commenced drilling operations on the North Trail-State #4-36, which is expected to be drilled to a total depth [...]

Mining entrepreneur fights for deposits

January 18th, 2007

A mining entrepreneur has begun a legal battle in the Northern Territory Supreme Court to win tenure over 280 hectares of uranium-rich land in central Australia.
The Angela and Pamela deposits are about 25 kilometres from Alice Springs and are estimated to be worth up to $2 billion.
When the Crown lifted its reservation from occupation at [...]

Gold Reserve Commences Legal Action Against Endeavour and Rusoro

December 17th, 2008

Gold Reserve Inc. announces that it has filed today an action in the Ontario Superior Court of Justice against Endeavour Financial International Corporation and Rusoro Mining Ltd. seeking an injunction restraining Rusoro and Endeavour from proceeding with the unsolicited offer, significant monetary damages, and various other items.
On Friday, December 12, 2008, the Board of Directors [...]

SA mine drinking water contaminated with uranium

July 23rd, 2006

About 100 workers at the Beverley uranium mine in South Australia’s far north have potentially been exposed to uranium through contaminated drinking water.
The mine’s owner, Heathgate Resources, says the water supply was contaminated on Thursday when a technician cleaning a desalination unit mistakenly added a solution containing uranium.
The company says the water supply was quickly [...]

Mining expert for Beaconsfield

December 26th, 2006

Gary Davison, a director with Lightning Nickel and managing director of mining and geotechnical consultant Mining One, has agreed to join the BMJV, which consists of Beaconsfield Gold chief executive Bill Colvin and Allstate administrator Michael Ryan.
It is not clear whether Mr Ryan will remain on the committee as an Allstate representative.
Mr Ryan has been [...]