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Random News from Mining Top News

Tonogold Resources, Inc. Sells Lease Interest in Nyac, Alaska Gold Project

Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC.
The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty.
The Nyac Gold Project consists of 57,600 [...]

Alcan and Ma’aden Sign Heads of Agreement for Proposed US$7 Billion ‘Mine-to-Metal’ Joint Venture

Alcan announced that it has signed a Heads of Agreement with Saudi Arabian mining company Ma’aden to develop a proposed US$7-billion integrated aluminum “mine-to-metal” project including bauxite mining, alumina refining, power generation and aluminum smelting. Alcan would hold a 49-percent stake in the project and would provide technology and operating management support, with Ma’aden holding [...]

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EnviRes sees bright future for ESL coal gasification project

The future home of EnviRes LLC doesn’t look like much of a launch pad for an energy revolution.
The 20-acre swath of East St. Louis jutting into Sauget is bounded by a Mississippi River levee, railroad tracks and the Diamond Cabaret topless nightclub.
But a Kentucky coal baron wants to bet big that the experimental coal gasification [...]

Tag: larry addington bankruptcy, envires, esl for coal mine, esl near of coal city il, larry addington coal

WGI announces winter closing of Emerald Creek Garnet mine

WGI Heavy Minerals, Incorporated announced that it has temporarily ceased operations at its Emerald Creek Garnet mine in Fernwood, Idaho.
The combination of adverse weather conditions in December 2008 and the recent lower grades of garnet produced in the areas WGI was mining in the past two months at ECG contributed to this decision to [...]

Tag: emerald creek garnet mine, emerald creek mine fernwood

Atlas makes first shipment of nickel ore to China

ATLAS Consolidated Mining and Development Corp. said it had made its first shipment of nickel ore to China, sending 19,000 metric tons from its Berong mines in the western province of Palawan.
“This is a trial phase. This is the first shipment of laterite nickel ore that departed from the Berong anchorage,” Atlas president Alfredo Ramos [...]

Sharon announces acquisition of oil and gas leases on the Eagleford Shale trend in Texas

Sharon Energy Ltd. reported that the Company has acquired, over the last three months, approximately 5,400 gross acres in the Eagleford Shale play, located in Texas. Sharon and its partner have 4,250 net acres. Sharon has a 50 % working interest in the net acres and is the Operator of the project.
Sharon’s acreage is on [...]

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North Korea plans ‘nuclear test in coal mine’

A Chinese source has revealed that North Korea is “more or less ready” to conduct a nuclear test deep inside an abandoned coal mine. (Picture: Reuters)
But he said the hermit kingdom may hold off if it can win concessions from the US.
The source, who spoke on condition of anonymity, said a device would be detonated [...]

Top 5 Largest Uranium Miners

Ever wonder who the top uranium miners are? Here are top 10 uranium-producing countries by tonnes U, and the top 5 uranium miners by market capitalization. You’ll notice some interesting relationships in the country data, and may recognize a name or two in the market cap section. These are just some ideas to get [...]

Tag: list lithium miners, list united states uranium miners, largest lithium miner, largest lithium miners, top lithium miners

Santos International Holdings Pty Ltd Elects to Begin Phase 2 Work Period in Kyrgyz Republic

Manas Petroleum Corporation announces that its wholly owned subsidiary DWM Petroleum AG has entered into a Letter Agreement for the Phase 2 Work Period on August 19, 2008.
DWM Petroleum AG has agreed to permit Santos to commence the Phase 2 Work Program prior to the end of the Phase 1 Work Period.
If Santos does not [...]

U.S. Energy Corp. Updates TSX Listing Strategy

U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]