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Random News from Mining Top News

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 …  in 2008 and by recently issuing an additional 400,000 of its common shares to Pele. Wallbridge is expected to complete its earn-in of a 60-percent interest in the project by spending an additional $500,000 on …

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 7,300,000 units. On this amount, MineralFields …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  Capital Corp. announces that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International …

January 9th, 2009

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

…  Texas has commenced production from two intervals. As of January 4, 2009, the well was flowing at a daily rate of more than 6.1 …  working interest in the well and leases in this program. Drilling of the well began in late October 2008 and is part of an ongoing …

January 8th, 2009

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

…  Coal Inc., a leading producer and consolidator of thermal coal reserves in the …  received a permit granted by the United States Army Corps of Engineers under Section 404 of the Clean Water Act. With the 404 Permit, …

January 8th, 2009

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

…  Desert Gold Corporation announced the results of its substantial issuer bid to purchase for cancellation a maximum of 36,000,000 common shares of the Company at a price of Cdn.$0.27 per HDG …  payment, therefore, will be made as soon as practicable in accordance with the Offer. The HDG Shares to be purchased for …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by multiple unrelated …

January 8th, 2009

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

…  January 6, 2009, is authored by Marvin A. Mitchell, P. Eng of Mitchell Geological Services Inc. and will be filed on SEDAR shortly. The …  the Company with the necessary guidance for an upcoming proposed drill program. The recent rise in share price for many companies in …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak Resources Ltd. has a total of 18.5 full or partial townships, or approximately 410,000 acres of coal permits in Saskatchewan and approximately 350,000 acres for the rights …

January 8th, 2009

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

…  Potash Inc. reports that the Bureau of Land Management has determined that an Environmental Impact Statement will …  to evaluate the environmental impacts of Intrepid’s proposed HB Solar Solution Mine project in Carlsbad, New Mexico. As a …  reported, after several years of consultation with the BLM and numerous meetings and presentations, in May 2008, Intrepid submitted a …

January 8th, 2009