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Random News from Mining Top News

Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

Great Western Minerals Group Ltd. announce that it has entered into an option agreement with a third party to acquire a 100% working interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the cit …

January 9th, 2009

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

…  option commitment at Pele’s Sudbury Nickel Project through 2008 by spending an additional $300,000 on qualifying exploration expenditures …  of its Eco Ridge Mine uranium project in Elliot Lake. The Sudbury project covers approximately 14,000 acres on the North …

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

OREX EXPLORATION INC. announce the closing of a private placement of $547,000, consisting of 7,300,000 units. On this amount, MineralFields Group, through First Canadian Securities® (a division of Limited Market Dealer Inc.), has subscribed for 5,600,000  …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  over US$30 million from the company. On November 29, 2008, the Ontario court issued an injunction restraining the defendants from …

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

…  this program. Drilling of the well began in late October 2008 and is part of an ongoing exploration program in South Texas. “We are …  development wells on the prospect.” In mid-December 2008, the Cochran #1 reached a total measured depth of 16,870 feet after …

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

…  County, Kentucky, effective immediately. During December 2008, Phoenix obtained a permit required under Section 401 of the Clean Water …

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

High 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 Share. The Offer expired at 9:00 p.m. (Toronto time) on Janu …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

Alexco Resource 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 …

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

…  a NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by …  Inc. and will be filed on SEDAR shortly. The Tobin Lake 18 Meter Coal property consists of 72 coal permits, with a total property …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

Cloudbreak Resources Ltd. report that Saskatchewan Energy and Resources has 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 a …

January 8th, 2009