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Random News from Mining Top News

Kemerovo molybdenum, coal deposits to be offered in new auctions March29

January 12th, 2007

The Kemerovo region natural resources agency scheduled new auctions for March 29 for the rights to the Viktoryevsky molybdenum property and the Spichenkovsky coal block, a
source at the agency told Interfax.
The December 15 auctions for these properties were called off. [...]

Ashton Mining of Canada Inc.: Average Diamond Content of Samples from Northern End of Renard 4 Now 101 cpht

June 26th, 2006

Largest diamond a 1.71 carat octahedron
Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (“Ashton” or the “Corporation”) (TSX:ACA), is pleased to report that the cumulative 49.8 tonnes of kimberlitic material collected from the northern end of the Renard 4 kimberlitic body (“Northern Zone”) on the Foxtrot property in north-central Quebec has [...]

World’s 5th largest mining firm drawn to Diwalwal

September 17th, 2006

STATE-RUN Natural Resources Mining Development Corp. (NRMDC) is seeking a joint venture partner to develop a mining project in the Mount Diwalwal gold rush area in Mindanao.
NRMDC, a unit of the Department of Environment and Natural Resources, plans to auction the project before yearend, or as soon as it completes a feasibility study detailing the [...]

Zimbabwe: Zimtrade On Mission to Venezuela, Brazil

July 28th, 2006

ZIMTRADE, in conjunction with the Ministry of Industry and International Trade, will lead a trade mission to Brazil and Venezuela in August in an effort to help local companies expand their external markets.
The mission is taking place under the auspices of the National Economic Development Priority Programme (NEDPP). The trade body said there were business [...]

Ecopetrol and Anadarko Signed an Agreement to Undertake Oil Exploratory Activities in Brazil

April 14th, 2009

Ecopetrol S.A., through its Brazilian subsidiary, Ecopetrol Oil Gas do Brasil Ltda., signed a Participation Agreement with Anadarko’s subsidiary, Anadarko Exploracao e Producao de Petroleo e Gas Natural Ltda. Through this agreement, Ecopetrol Oil Gas do Brasil Ltda. will have a 50% participation in the BMC-29 Concession in Brazil.
The BMC-29 Concession is an offshore concession [...]

Pimentel suspects coal deals for campaign kitty

April 28th, 2007

Speculations are rife that an impending power supply crisis is stage-managed to justify the jacking up of expenses in the acquisition of coal supply, enabling the government to come up with additional funds for its candidates’ campaign kitty.
Senate Minority Leader Aquilino Pimentel Jr.’s latest allegation came in the light of reports on expected series of [...]

Radial Energy Announces Latest Progress in Latin America and U.S.

November 19th, 2006

Radial Energy Inc. announced the most recent developments in each of the Company’s oil & gas projects, detailing significant progress in Peru, Colombia, Texas and Utah. Radial Energy is focused on acquiring and developing overlooked and under-exploited oil and natural gas reserves in North and Latin America and is moving forward rapidly on multiple fronts.
Radial [...]

UK Coal’s Daw Mill suffers new fatality

January 22nd, 2007

Coal miner UK Coal will have production restricted at its Daw Mill mine for about four weeks following a fatal accident last week caused by a fall of ground.
In a statement, UK Coal said that the Health and Safety Executive has issued an order which calls for a systematic review of ground control requirements in [...]

Inco ready to open talks with Teck Cominco

August 9th, 2006

Canadian nickel miner Inco Ltd. , which plans to be acquired by Phelps Dodge Corp. , said on Monday it would open negotiations with unsolicited suitor Teck Cominco Ltd.
Inco urged shareholders to reject Teck’s existing takeover offer of C$19.6 billion (US $17.3 billion), but said the overture could potentially lead to a “superior proposal.”
As [...]

India: ASI evinces concern for illegal mining

October 24th, 2006

The Archaeological Survey of India has expressed concern over illegal mining activities in the Braj region of Rajasthan causing serious environmental pollution and damage to heritage structures.
In a letter to Rajasthan Chief Secretary Anil Vaish, ASI Director General C Babu Rajeev requested him to issue appropriate instructions to halt blasting of rocks and stone quarrying [...]