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Random News from Mining Top News

Chevron Announces Agreements to Develop the Hebron Heavy Oil Project Offshore Newfoundland and Labrador

Chevron Canada Limited, a wholly owned subsidiary of Chevron Corporation, today announced on behalf of itself and its co-venturers the completion of legal agreements with the Government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the East Coast of Canada.
The Hebron field is located 340 km offshore the province of Newfoundland [...]

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Depleted uranium may post health hazard

Depleted uranium is the material remaining after removal or depletion of the U-238 isotope. With a density about twice that of lead, depleted uranium is ideal for use in military armor and munitions.
But now John Pierce Wise Sr. and colleagues at the University of Southern Maine have discovered depleted uranium dust produced in combat [...]

Atlas Energy drills 4 wells in E. Tennessee, says it can bore more for $1.1 million apiece

Atlas Energy Resources LLC said Friday it has drilled four successful horizontal wells in the Chattanooga Shale of Eastern Tennessee.
The results suggest wells can be drilled in the deposit at a cost of about $1.1 million apiece, and that they are capable of producing the equivalent of 300,000 to 500,000 cubic feet of gas per [...]

Uranium One Enters into Definitive Agreement to Acquire Christensen Ranch and Irigaray in Wyoming

Uranium One Inc. announced that it has entered into a definitive agreement to acquire 100% of the MALCO Joint Venture (“MALCO”) from wholly-owned subsidiaries of AREVA and EDF for US$ 35 million in cash.
The assets of MALCO include the licensed and permitted Irigaray ISR central processing plant, the Christensen Ranch satellite ISR facility and [...]

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Bedrock for fund: Mining shares

MELBOURNE In 1959, Australia’s benchmark index hit a record 156 as Japan’s industrialization sparked a mining boom. That’s also when 21-year- old Bruce Teele started work as a clerk at the country’s largest stockbroker.
Almost half a century later, the All Ordinaries Index is at 4907. Teele, now chairman of Australia’s biggest listed investment trust, has [...]

Ruby Pipeline Shipper Receives Favorable California Regulatory Decision

El Paso Corporation announced the California Public Utilities Commission (CPUC) has given final approval to Pacific Gas and Electric Company (PG&E) to proceed with an agreement announced last year to obtain 375,000 dekatherms per day of capacity on the Ruby Pipeline for the delivery of natural gas to PG&E’s gas and electric customers.
The unanimous CPUC [...]

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Foundation Coal Vice President Greg A. Walker Exercies Options for 20,875 Shares

A vice president of Foundation Coal Holdings Inc. exercised options for 20,875 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Greg A. Walker reported he exercised options for the shares Thursday for $4.87 apiece, and then sold all [...]

StrataGold undergoes dilution on BRL Venture, Guyana

StrataGold Corporation announces that it participated in the previously approved 2008 Phase II exploration Program on the BRL Venture, a joint venture with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation. Since StrataGold did not fully contribute in order to maintain its 50% Participating Interest in the BRL Venture, StrataGold’s Participating Interest in [...]

Canasia Industries Corporation: Reed Lake Drill Program Update

Canasia Industries Corporation announce that it has been notified by the operator of the Reed Lake prospect that drilling is continuing. At this time, 17 samples are in the process of being shipped to Acme Labs in Vancouver for 31 element ICP analysis. All the drilling on this first phase is expected to be completed [...]

Tag: canasia mining group inc, canasia mining, technical analysis for canasia industries, canasia gold mine, reed lake exploration

Patton Boggs and Hyperdynamics to Support JV Partner Program

Hyperdynamics Corporation released a report saying that it has signed a new and more comprehensive engagement with the renowned Washington-based lobbyist law firm of Patton Boggs LLP. Hyperdynamics had originally engaged Patton Boggs over a year ago but the scope of the representation was primarily focused on helping the company develop more extensive relationships with [...]