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Random News from Mining Top News

Stratic ceases operations on Well 16/2b-5A in UK North Sea

Stratic ceases operations on Well 16/2b-5A in UK North Sea

…  be re-spudded on 8th December 2008, and the failure of the top drive mechanism on the drilling rig last week, together with considerable …  drilled to a total depth of 6,370 feet, having encountered oil shows in two exploration objectives (Skroo and Flugga), and has satisfied …

January 9th, 2009

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

…  Mountain Resources Inc. announced that Wallbridge Mining Company Ltd. has fulfilled its option commitment at Pele’s Sudbury Nickel …  structure that features Ni-Cu-PGE deposits along the contact and footwall of the Sudbury Igneous Complex, which forms the outer rim …

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

…  will be used for the Phase 2 Exploration Program at the Company’s wholly owned Goldboro Property, Nova Scotia. Orex is very pleased …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  has improperly paid out over US$30 million from the company. On November 29, 2008, the Ontario court issued an injunction …

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

…  Oil and Gas Inc. announced that the Cochran #1 exploratory well in the Garwood …  more than 6.1 million cubic feet of gas and 100 barrels of oil plus approximately 300 barrels of water through an 18/64-inch choke at 3,766 pounds per square inch flowing tubing pressure. The company holds a five percent working interest in the well and leases in this …

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

…  thermal coal reserves in the Illinois Basin, announced the Company has received a permit granted by the United States Army Corps of …  404 of the Clean Water Act. With the 404 Permit, the Company has now secured all of the necessary permits to begin mining on the …

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

…  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. …  deposited under the Offer prior to the expiry time. The Company has taken up all of these validly deposited HDG Shares and payment, …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  mine sites through integration and implementation of the Company’s core competencies which include management of environmental services, …

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 detailed drill permit application on behalf of the company, and it is anticipated that the drill permits will be issued shortly. The Company has received numerous drill contractor proposals and under the guidance …

January 8th, 2009