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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

…  Western Minerals Group Ltd. announce that it has entered into an option agreement with …  to regulatory approval. This property is located in a mining-friendly jurisdiction, with excellent infrastructure nearby. The major …  Engdahl, President and CEO of Great Western Minerals Group said “Because of what we see as a potential shortfall in …

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

…  Mountain Resources Inc. announced that Wallbridge Mining Company Ltd. has fulfilled its option commitment at Pele’s Sudbury …  The Option agreement at Sudbury demonstrates Pele’s corporate strategy to joint-venture and/or monetize non-core assets in order to …

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

…  $547,000, consisting of 7,300,000 units. On this amount, MineralFields Group, through First Canadian Securities® (a division of Limited …  expenses. With respect to the $420,000 investment by MineralFields Group, First Canadian Securities® obtained a finder’s fee of 5% …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  Metal Capital Corp. announces that it has filed motion material in its action in the Ontario …  File No. 07-CL-7224) against International Consolidated Minerals Inc. et al., to add as defendants “redemption rights” holders and …  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

…  has received a permit granted by the United States Army Corps of Engineers under Section 404 of the Clean Water Act. With the 404 …  has now secured all of the necessary permits to begin mining on the Radio Hill section of the Briar Hill surface mine (”Radio Hill”) …

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

…  Desert Gold Corporation announced the results of its substantial issuer bid to purchase for …  HDG may be obtained on HDG’s website, www.highdesertgoldcorp.com, and on SEDAR at www.sedar.com, under HDG’s …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  Resource Corp. reports it has been advised that NovaGold Resources Inc. has reduced …  value and manage risk at mature, closed or abandoned mine sites through integration and implementation of the Company’s core …  include management of environmental services, execution of mine reclamation and closure operations and if appropriate, rejuvenation of …

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

…  Resources Corp. announce that it has received a NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by Marvin A. …  at the Tobin Lake Property to those of Goldsource Mines, located about 90 km to the southeast. The report also notes the good …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  and Resources has delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak …  or partial townships, or approximately 410,000 acres of coal permits in Saskatchewan and approximately 350,000 acres for the rights to …

January 8th, 2009