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Random News from Mining Top News

CWRM Acquires $80,000,000.00 Baja Iron Reserve / Mineral Rights Agreement for Baja Pacific No. 14

Robert L. Cotton, President of Cotton & Western Mining, Inc. said that Sharon Vazquez, Vice President, Cotton & Western Mining, Inc., has executed an agreement for the mineral rights to Baja Pacific No. 14 on behalf of and in trust for CWRM as a Mexican national; the exploration and exploitation rights will be transferred to [...]

Tag: baja minerals

Universal Announces Testing Complete at Kunene # 1 Well, Off-Shore Namibia, Africa

Universal Power Corp. announced today that further to the Company’s news release dated August 07, 2008, they have been notified that testing of the Kunene #1 well has been completed. Results of testing and sampling will be released when reviewed and approved by the Namibian government due to the tight hole status of this well.
The [...]

Torque Energy Announces 2006 Year End Financial Results

Torque Energy Inc. has filed with Canadian securities authorities its audited financial statements and related Management’s Discussion and Analysis and the reports relating to reserves data and other oil and gas information as at November 30, 2006.
During the year ended November 2006, the Company:
- entered into a new credit facility in the amount of [...]

Thai energy demand to rise 5 pct in 2007 – ministry

Thailand’s demand for all fuels and power is expected to rise 5.1 percent to 1.64 million barrels of oil equivalent per day in 2007, compared with estimated demand growth of 2.4 percent in 2006, the Energy Ministry said on Monday.
Demand for oil products in 2007 was projected to rise 1.7 percent, versus an estimated fall [...]

Domenici lauds MIT coal report

U.S. Sen. Pete Domenici, R-N.M., has praised a report that has focused on the need to develop technologies to reduce carbon emissions from coal.
“Make no mistake about it, we must recognize that the use of American coal in electricity generation is essential to our nation’s energy independence and security,” said Domenici, ranking member of the [...]

Wits Basin Receives NI 43-101 Compliant Technical Report on Bates-Hunter Mine Project

Wits Basin Precious Minerals Inc. has received a National Instrument 43-101 compliant technical report on the Bates-Hunter Mine in Central City, Colorado. To see the July 15, 2008 report in full, click here for a link to the Company’s web site.
About the Bates-Hunter Mine
The Bates-Hunter Mine is located in Central City, Colorado, approximately 35 miles [...]

Tag: bates hunter

Mineral exports expected to grow

The export of metals and minerals is expected to grow in the coming financial year as mining projects expand or start production to capture demand from the urbanisation and industrialisation of emerging economies.
The federal government said in its 2007/08 budget papers that “non-rural commodity exports are expected to grow” as new projects and expansions come [...]

Bearclaw Capital Corp. Reports Results of Summer Exploration Programs on James Bay and Wakeham Basin Properties

Bearclaw Capital Corp. announce the results of its summer 2008 exploration program on its Wakeham Basin and James Bay prospective uranium properties in Quebec. The programs were carried out under the supervision of some of the foremost specialists in Quebec uranium geology and exploration: Emilien Seguin, a director of Bearclaw, Benoit Magrina, Ramin Salkhi, and [...]

Eldorado Gold Corp. Press Release

Eldorado Gold Corporation responded to press reports in Asia of a possible business combination between Eldorado and Centerra Gold Inc.
From time-to-time Eldorado engages in discussions with industry participants involving possible transactions that may enhance shareholder value. Eldorado’s long-standing policy is not to comment on such discussions until such time as a transaction has sufficiently [...]

Royal Roads revises loan amount due by Acadian Mining subsidiary, ScoZinc Limited

Royal Roads Corp. announced that during the course of its year end audit activities, it determined that the inter-company advances between the Corporation and Acadian Mining Corporation and Acadian’s wholly-owned subsidiary, ScoZinc Limited , at November 28, 2008 was $362,052 more than previously reported (see News Release dated December 1, 2008). The documentation [...]

Tag: acadia uranium mines limited