FTSE nudges down as mining stocks weigh

February 16, 2007 Filed Under: Mining Services, Mining Stocks  

The FTSE 100 index edged lower by mid-session on Friday after hitting a new six-year closing high in the previous session, as mining and oil stocks were weighed down by weaker commodity prices. Oil stocks led the FTSE 100 losing sector with crude prices easing below $58 a barrel as some investors focussed on forecasts for milder weather in the world’s top energy consumer, the United States,... 

Torrent Energy Engages U.S. and Canadian Investor Relations Firms

January 18, 2007 Filed Under: Lead Mining, Mining Services  

Torrent Energy Corporation announced it has retained U.S.-based Pfeiffer High Investor Relations, Inc., and Canada’s CHF Investor Relations (Cavalcanti Hume Funfer Inc.) to develop and manage a North American investor awareness campaign together. This program will be supplemented with an internet based program contracted through Stockgroup Media. John Carlson, Torrent’s President and CEO,... 

Golden Eagle Receives Environmental Permits to Expand C Zone Pilot Gold Operations

January 18, 2007 Filed Under: Mining Services, Precious Metal  

Golden Eagle International, Inc. announced that it has received its environmental permits from the Bolivian government for expanding its pilot operations on the C Zone gold mineralization on its properties in eastern Bolivia. This will allow the Company to further develop it bulk sampling program with the goal of confirming its previous six-month exploration phase and moving toward full-scale operations... 

Medusa Mining Ltd. – Co-O Mine update

January 10, 2007 Filed Under: Mining Services, Precious Metal  

Medusa Mining Limited , the Australian based company operating and developing gold mines in the Philippines, announces that drilling has commenced on the Co-O Mine deeps, with rigs drilling on each side of the Oriental Fault. Drilling will be undertaken systematically westwards and eastwards away from the Oriental Fault and, subject to topographic and other constraints, will aim to intersect the vein... 

Triangle Petroleum’s CEO Outlines Corporate and Exploration Progress

November 29, 2006 Filed Under: Mining Services, Oil and Gas  

Over the past 18 months, Triangle Petroleum Corporation has progressed from a raw startup company to a thriving exploration company that has drilling programs planned in four core project areas. Two of these projects are in shale gas areas (Barnett in Texas and Fayetteville in Arkansas) which we believe will provide us with a strong and repeatable base of drilling opportunities. Another project area... 

Where old coal mines are oozing toxic brews

November 12, 2006 Filed Under: Coal Mining, Mining Services  

Some of the most poisoned water in Maryland flows out of a hillside here, its color like Coca-Cola and its acidity in the same range as stomach juices. The water runs through a culvert into Georges Creek, turning it the colors of the autumn leaves overhead. For 4 miles downstream, hardly anything is alive. “Everything died. Everything died here in this stream,” fishing guide Ken Pavol said... 

Metro Gold Mine Mineral Resources, Inc. – No Pink Link

July 8, 2006 Filed Under: Mining Services, Precious Metal  

Metro Gold Mines Mineral Resources, Inc. (Pink Sheets: MGMX) finds itself in an odd position. The Company’s shares trade on the Pink Sheets, yet Pink Sheets refuses to publish quotes for the Company’s stock. This is how Pink Sheets puts it: Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are...