Globex Royalty Remains Intact, Nyrstar Purchases Mid-Tennessee Zinc Asset
GLOBEX MINING ENTERPRISES INC. wishes to inform shareholders that Nyrstar NV, a significant European based, international supplier of zinc, lead and other valuable metals has purchased the Mid-Tennessee Zinc mine complex at Gordonsville, Tennessee. The sale, under U.S. Bankruptcy Court approval, includes all the assets of Mid-Tennessee Zinc Corporation (MTZ), a wholly owned subsidiary of Strategic...
Repsol Now Applying Advanced Seismic Imaging Technology to Energy Exploration in Gulf of Mexico and Brazil
Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,...
Impressive Panel Speaking at Upcoming RMI Oilfield Breakfast Forum
RMI, a leading oilfield market consulting firm, will host the Oilfield Breakfast Forum on Wednesday, November 12, 2008, at the Westin Galleria in Houston, Texas. Since beginning in 1994, the Oilfield Breakfast Forum has grown into the largest discussion forum in the world on the petroleum industry. Currently, more than 700 executives have signed up for the November 12th event. The topics to be covered...
Gossan Retains Hatch to Provide Engineering Process Support for the Inwood Magnesium Project
Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba. The initial...
Dominion, Antero Resources Amend Marcellus Shale Rights Agreement to 114,000 Acres
Dominion announced that it is amending its agreement with Antero Resources, and will assign drilling rights to 114,259 acres in the Marcellus Shale prospect to Antero for about $347 million, or about $3,037 per acre, a higher value per acre than the prior agreement. Dominion expects to close the amended agreement on September 30. The amount assigned is reduced from $552 million for 205,000 acres because...
Wallbridge Mining Signs $5M Joint Venture with Impala Platinum on Parkin Offset Dyke Properties in Sudbury
Wallbridge Mining Company Limited announced that it signed a joint venture agreement with Impala Platinum Holdings Limited (“Impala”), the world’s second largest primary platinum producer, on its Parkin Offset Dyke Properties in Sudbury, Ontario. Under the terms of the joint venture agreement, Impala will spend $5M over three years to earn a 50% interest in the properties. Impala...
Champion Bear commences drilling and geotechnical surveys at its Iron Mask property in the Sudbury area
Champion Bear Resources Ltd. has commenced drilling the first of three holes in a planned 1,200 metre drilling program and geotechnical surveys on the southern portion of its Iron Mask property. The drilling targets two previously identified Sudbury breccia outcrop areas with anomalous Cu mineralization where grab samples assayed 1,140 and 2,000 ppm Cu, respectively, as well as a nearby lamprohyric...
TransCanada License for Alaska Natural Gas Pipeline Approved by Alaska Legislature
TransCanada Corporation received the support of the Alaska Legislature to award the company a license for the Alaska Pipeline Project under the Alaska Gasline Inducement Act (AGIA). “The Legislature’s decision represents a significant milestone in advancing this major natural gas pipeline project to connect stranded U.S. natural gas reserves to Alaskan and Lower 48 consumers. We are pleased...
Nation’s First Application for a Revolutionary Hydrogen Fuel Electric Generating Facility With Carbon Capture and Sequestration to Be Filed Before the California Energy Commission
Hydrogen Energy International LLC, a joint venture of BP Alternative Energy and Rio Tinto, announced plans to file an AFC (Application for Certification) before the California Energy Commission on Thursday, July 31, 2008, for a proposed hydrogen fuel production facility and power plant in Kern County, California. The filing initiates a comprehensive regulatory review process and, upon approval, grants...
Oriental Granted Additional Uranium Exploration Licenses in South Korea
Oriental Minerals Inc. is pleased to announce the grant of three uranium exploration and mining licenses known as Daejeon 80 (Reg. No. 77073), Geumsan 81 (Reg. No. 77072) and Goisan 116 (Reg. No. 77074) in the Ogcheon region of South Korea. These are the second set of uranium licenses granted to a foreign company in South Korea. The first licenses granted to a foreign company to explore for uranium...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
