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Random News from Mining Top News

Aust clean coal technology for US

April 7th, 2008

An Adelaide-based company has struck a deal to provide clean coal technology to an energy consortium in the United States.
GTL Energy Limited has signed a memorandum of understanding for the technology to be used in an electricity plant in North Dakota.
It is expected that the technology will transform low-grade coal into a cleaner fuel, to [...]

African Queen Mines Ltd. Commences Trading

October 16th, 2008

AFRICAN QUEEN MINES LTD. announce that effective at the opening on Thursday, October 16, 2008, its Common Shares will commence trading on the TSX Venture Exchange under the symbol “AQ.” The Company presently has 34,465,292 Common Shares outstanding. The Company’s Common Shares were distributed to the former shareholders of Pan African Mining Corp. in connection [...]

Duke Buying Renewable Energy Company Catamount

June 27th, 2008

Duke Energy Corp. will buy privately held Catamount Energy Corp. for $240 million, plus assumed debt, to bolster its wind energy generation capability.
Duke bought the Rutland, Vt.-based renewable energy company from private-equity firm Diamond Castle Holdings LLC.
Catamount currently operates facilities providing 300 megawatts of renewable energy.
In May 2007, Duke bought Austin, Texas-based Tierra Energy, which [...]

Precision Petroleum Corporation-Acquires Overriding Royalty Interest in Two Adjoining Fields, Nowata County, Oklahoma

August 14th, 2009

Precision Petroleum Corporation an independent energy company engaged in the acquisition, exploration and development of oil and natural gas properties in North America continues to extend its oil production expansion program.
Richard Porterfield, President, advises that the Company has recently acquired Overriding Royalty Interests in two adjacent leases, East and West Moreland located in Nowata County, [...]

Approach Resources Inc. Reports Temporary Shut-In of Ozona Northeast Production

September 3rd, 2008

Approach Resources Inc. reported that an estimated 54 million cubic feet equivalent of natural gas, net to the Company, was shut in from the Company’s Ozona Northeast field over the equivalent of approximately three calendar days from August 28 through August 31, 2008, due to a rupture in Energy Transfer’s Oasis pipeline. The Oasis pipeline [...]

The Exploration Company to Webcast IPAA Presentation

February 2nd, 2007

The Exploration Company announced Vice President-Capital Markets Roberto R. Thomae will update investors and analysts on its growth strategy at the Independent Petroleum Association of America’s Oil & Gas Investment Symposium (OGIS) Small Cap, set for Feb. 6-8 in Boca Raton, Florida.
Mr. Thomae’s presentation is scheduled to start at 1:30 p.m. EST (12:30 p.m. CST) [...]

Fort Worth-Based Grande Energy Exploration & Production Co. Inks Deal with Mitsubishi Corporation and Schlumberger

August 20th, 2008

Grande Energy Exploration & Production Co., a privately held oil and gas exploration and production company based in Fort Worth, Texas, announced today a project agreement with a US-based subsidiary of Mitsubishi Corporation, which is a Japanese general trading company, and international oilfield services company, Schlumberger.
The agreement calls for financing and development of unconventional shale [...]

Piedmont Mining Company Announces Dutch Flat Drilling Results

January 18th, 2007

Piedmont Mining Company, Inc. announced the results of a reverse circulation drilling program at the Dutch Flat property in Humbolt County, Nevada. Seventeen shallow angle holes, totaling about 2,550 feet, were drilled last fall in an east-west fence extending about 1,275 feet across part of a previously drilled zone on the property to evaluate the [...]

Bolero Resources Corp. – Arcadia drilling commences

May 29th, 2008

BOLERO RESOURCES CORP. announces today that the camp is now set up on Arcadia and drilling is about to commence. Bolero has the right to earn 50% of the Arcadia Property from Alix Resources Corp (AIX-TSX:V) (37N-FRANKFURT).
The Arcadia property represents an Archean lode-gold deposit located on the Arctic Ocean in Canada’s Nunavut territory, west [...]

Greenpeace leads Philippines mining protest

August 24th, 2006

Environmental watchdog Greenpeace has led local coastal communities in a protest against an Australian company set to resume mining operations in the central Philippine island of Rapu-Rapu.
A flotilla comprised of the Greenpeace vessel “Esperanza” and 70 small boats sailed in front of Lafayette Mining’s facility in Rapu-Rapu to protest the government’s decision to let mining [...]