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Random News from Mining Top News

Patriot Coal Announces Closure of Jupiter Mine

Patriot Coal Announces Closure of Jupiter Mine

…  Coal Corporation announced the closure of its Jupiter mining complex. The Company announced on September 29, 2008, its intention to idle …

January 10th, 2009

Addax Petroleum Announces Update to Gabon Drilling Program

Addax Petroleum Announces Update to Gabon Drilling Program

…  successful appraisal and development of the Ebouri field in the Etame Marin license area offshore Gabon. Addax Petroleum has a 31.36 per cent …

January 10th, 2009

HudBay to Suspend Operations at Its Chisel North Mine and Snow Lake Concentrator

HudBay to Suspend Operations at Its Chisel North Mine and Snow Lake Concentrator

…  Minerals Inc. has determined that it will suspend operations at its Chisel North …  with its employees and the unions as well as the Province of Manitoba to assist in mitigating the impact the suspension will have on …

January 10th, 2009

Denison Mines Corp. Satisfies Bank Production Covenant

Denison Mines Corp. Satisfies Bank Production Covenant

…  Mines Corp. announced that it has satisfied the covenant outlined in its credit facility with the Bank of Nova Scotia relating to uranium …

January 10th, 2009

Vaaldiam to Reduce Warrants Exercise Price

Vaaldiam to Reduce Warrants Exercise Price

…  prices of a total of 22,326,069 of its currently outstanding warrants from their current exercise prices (which range from $0.55 to $1.89) to $0.08. Of these warrants approximately 18% were initially issued by Great Western Diamonds Corp. and approximately 5% were …

January 10th, 2009

Endeavour Launches Onshore U.S. Exploration Campaign

Endeavour Launches Onshore U.S. Exploration Campaign

…  International Corporation announced that the first exploration well of a new onshore exploration program focused in South Texas has resulted in a commercial discovery and the company’s first …  barrels of oil, and 336 barrels of water through an 18/64-inch choke. First production to sales was achieved during testing. Endeavour …

January 9th, 2009

Stratic ceases operations on Well 16/2b-5A in UK North Sea

Stratic ceases operations on Well 16/2b-5A in UK North Sea

…  Energy Corporation announces that following a series of operational difficulties, Stratic and its joint venture partner have decided to cease operations on well 16/2b-5A in the UK North Sea. The operational difficulties included an unsuccessful attempt to retrieve drill pipe lost in the hole, which …

January 9th, 2009

Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

…  Western Minerals Group Ltd. announce that it has entered into an option agreement with a …  interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the city of …  oxides (europium through lutetium) is high at over 11%, including a dysprosium content of over 3% of the total rare earth oxide …

January 9th, 2009

Wallbridge Mining Company to Continue Exploration at Pele Mountain’s Sudbury Nickel Project

Wallbridge Mining Company to Continue Exploration at Pele Mountain’s Sudbury Nickel Project

…  Mountain Resources Inc. announced that Wallbridge Mining Company Ltd. has fulfilled …  $500,000 on exploration by year-end 2009 and can increase its interest to 72.5-percent by completing a bankable feasibility …

January 9th, 2009

Orex Closes Flow-Through Private Placement for its Phase 2 Exploration Program at Goldboro

Orex Closes Flow-Through Private Placement for its Phase 2 Exploration Program at Goldboro

…  EXPLORATION INC. announce the closing of a private placement of $547,000, consisting of …  Canadian Securities® (a division of Limited Market Dealer Inc.), has subscribed for 5,600,000 units representing $420,000. Each unit …

January 9th, 2009