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Random News from Mining Top News

Israeli Energy Company to Build Sea Wave Power Plants in China

July 8th, 2008

Energy company, S.D.E., which has developed an innovative technology for generating sea wave electricity, has signed an agreement for selling sea wave power plants throughout China. Construction of the power plants will be financed by investors from Hong Kong and China.
Two joint venture companies, formed in Hong Kong by S.D.E and the investors for the [...]

Drilling assurances satisfy Nelson

July 28th, 2006

After receiving assurances from Senate leaders that his state’s coastline would be protected, Sen. Bill Nelson of Florida agreed Thursday to support a measure to permit offshore drilling in the eastern Gulf of Mexico.
With his agreement, the Senate is expected to pass a proposal next week that would allow the harvesting of oil and natural [...]

Golden Odyssey Mining Inc.: Mexican Hill Geologic Program Completed

September 22nd, 2006

Golden Odyssey Mining Inc. has completed the geologic mapping and sampling program on its Mexican Hill project on the Carlin Trend in Elko County, Nevada. The project is located 40 miles south of Carlin, Nevada and is approximately 35 miles southwest and on trend with Newmont’s Rain and Emigrant Springs deposits.
The work has confirmed a [...]

Southern Star Energy Updates Completion Activities

April 21st, 2008

Southern Star Energy Inc., is pleased to provide an update on the Company’s well the Rendall 7-2.
Southern Star Energy is pleased to announce continuing successful progress in its Sentell Field Development Program, Bossier Parish Louisiana. The Company has successfully completed two stages of very large volume, high rate ”slick water” fracture treatments on its recently [...]

Railroads struggle to meet coal demand

December 7th, 2006

The nation’s two largest railroads have hauled record amounts of coal from the mines in northeast Wyoming and southeast Montana this year, but Union Pacific Corp. and Burlington Northern Santa Fe Corp. still struggle to keep up with utility demand and existing contracts.
If utilities run low on coal during the high demand of winter, they [...]

Raytec Granted Potash Permits / Starts Seismic

November 6th, 2008

Raytec Metals Corp. announces the receipt of its remaining exploration permits issued from the government of Saskatchewan for the Company’s KP455, KP466, KP467 and KP468 potash permits, located in central Saskatchewan.
The KP455, KP466, KP467, and KP468 potash exploration permits grant the Company the right to explore approximately 89,643 acres of prospective potash ground contiguous with [...]

Pantera Petroleum achieves target zone depth

July 22nd, 2008

Pantera Petroleum, Inc has recently told the press that its Sibley 84 #1 re-entry well drilling has achieved its target depth for the objective of commencing commercial gas production from the Devonian and Fusselman target pay zones. We plan to have Gray Wireline now log the well, and the new data will be correlated with [...]

Universal Stainless Bridgeville Facility Continues Operations

September 15th, 2008

Universal Stainless & Alloy Products, Inc. reported that it has agreed with Local 9531 of the United Steelworkers to continue operations at the Company’s Bridgeville facility while negotiations of a mutually acceptable labor agreement continue. The previously announced continuance of the collective bargaining agreement covering the hourly employees at the facility expired on September 12.
The [...]

Roxi Petroleum Plans AIM Listing

May 13th, 2007

Roxi Petroleum, a company formed to buy controlling interests in and develop oil and gas assets in Central Asia, (initially Kazakhstan), is planning a listing on AIM with the issue of 168,207,490 ordinary shares at 38 pence each.
The company said it expects to raise 38.9 million stg before expenses and to have a market capitalisation [...]

Hana Mining Adds Percussion Drill Rig to its Copper-Silver Project in Botswana

May 28th, 2008

Hana Mining Ltd. “We now have three drill rigs operating in three separate areas; two are in Zone 2 and 4 kilometers apart and the third is 95 kilometers northwest in Zone 6. We are intersecting copper mineralization everywhere the prospective horizon has been drilled,” states Peter Wilson, President of Hana Mining.
Hana is pleased to [...]