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Random News from Mining Top News

Vane starts drilling at North Wash

January 15th, 2007

Vane Minerals was in the blue Monday after saying its uranium subsidiary started drilling at the North Wash project in Utah on 7 January to reassess the vanadium grade of the deposit.
The programme will also look to confirm the uranium grades previously reported, with drilling between 1977 and 1979 having outlined around 150,000 lbs [...]

Group launches ‘Coal is Filthy’ ads against TXU plan

February 6th, 2007

Dirty, gritty faces stared out from the ads in Texas major newspapers for the past two days declaring that “Coal is Filthy” and urging people to oppose TXU Corp.’s proposal to build 11 coal-fired electric plants.
The ads looked like they were placed by two well-known environmental groups to promote an anti-coal plant rally this weekend.
But [...]

Minco Silver Commenced Drilling on Fuwan Silver Belt

September 5th, 2008

Minco Silver Corporation announce that it has initiated a 10,000 metre drill program on top showings along the Fuwan Silver Belt.
Geosan, LLC, of Ulaanbatar, Mongolia, recently completed a detailed ground magnetic survey covering approximately 155 line kilometres as well as 21 line kilometres of dipole-dipole induced polarization survey. Combined with previous geochemical surveys consisting of [...]

Quest to Acquire Property Adjacent to the Strange Lake Rare Earth Deposit in the George River Area, Quebec

May 27th, 2009

Quest Uranium Corporation announce that it has entered into a purchase and sale agreement with two prospectors for the acquisition by Quest of a 100% interest in single block of mining claims in the Strange Lake area of northeastern Quebec. The property is fully enveloped by Quest’s Stewart Lake property (Figure 1) and lies immediately [...]

Entre Gold Expands Lordsburg Copper-Gold System

April 30th, 2009

Entrée Gold Inc. a Canadian mineral exploration company has expanded its Lordsburg copper-gold discovery in New Mexico, intersecting significant intervals of porphyry-style copper-gold mineralization in three additional holes. Of particular note, a near surface intersection in hole EG-L-09-006 returned potentially economic grades of 0.2% Cu and 0.2 g/t Au over 118 metres (390 feet).
Three additional [...]

Afri-Can Marine Minerals: Diamond Sampling Vessel Departs Cape Town

August 27th, 2009

Afri-Can Marine Minerals Corporation a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia has been informed by International Mining and Dredging Holding Ltd. (IMDH) that the contracted diamond sampling vessel MV DP The Explorer has left Cape Town, South Africa, for the port of Walvis Bay [...]

Aker Drilling Confirms Statoil Contract

December 26th, 2006

Aker Drilling today confirms the agreement with Statoil for use of its drilling unit on Halten Nordland area in the Norwegian Sea. The contract has a firm period of 3 to 10 years with possible 5 options of 2 years each. Statoil’s license partners in the Heidrun, Norne and Asgard Field confirmed the consent to [...]

Tombstone Exploration Corp. Completes First Drill Hole

July 24th, 2008

Tombstone Exploration Corporation announced that its first drill hole, TEMC 101, has been completed at a depth of 980′. The down-the-hole survey was completed with readings at 150′ intervals with the Reflex EZ-Shot geophysical instrument, indicating that the drill hole remained very much on the direction and angle that had been set up. Recovery remained [...]

Business Leaders Hire Lobbyists to Battle Dirty Coal

February 22nd, 2007

The founders of the Dallas-based Texas Business for Clean Air, an unlikely coalition of free-market well-to-dos formed to oppose Texas’ 17 proposed pulverized coal power plants, paid a visit to Austin last week. Co-founder David Litman, the father of Hotels.com, argues that utilities’ coal proposals, especially those of TXU (proposing 11 plants), don’t reflect the [...]

Oil price suffers biggest two-day drop since 1991

July 17th, 2008

Petroleum companies are facing the hardest time with its biggest two-day drop in 17 years. Crude oil fell over $4 a barrel on Wednesday. A surprise increase as the government announced and showed the data, especially in The U.S. James Williams, an economist at energy research firm WTRG Economics, said that If there is [...]