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Random News from Mining Top News

India grants mining lease to ArcelorMittal

ArcelorMittal, the world’s largest steelmaker, said on Wednesday it had been granted a mining lease to secure iron ore for a steel plant it is building in the Indian region of Jharkhand.
“We are very pleased that the governments of India and Jharkhand have allocated the mining lease in Karampada … and reaffirm our commitment to [...]

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OCI to build solar power plant in Egypt

Egypt’s Orascom Construction Industries signed an EGP 604 million (US$ 109 million) contract with the New and Renewable Energy Authority (NREA), a subsidiary of the Egyptian Ministry of Electricity, for the construction of new 62MW Integrated Solar Combined Cycle Power (ISCC) Plant in Kuraymat, Egypt.
The scope of work under the contract includes all civil work [...]

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Kentucky USA Energy, Inc. Announces Further Drilling Developments

Kentucky USA Energy, Inc., an early stage natural gas exploration and production company, announced today further drilling developments on the New Albany Shale drilling operation. After logging Francis Grace #1 well, the geophysical log confirms that the shale formation encountered in this well is comparable to wells evaluated in the original reserves study. The 4 [...]

Hawk Commences Helicopter-borne VTEM Survey Over the Cluff Lake Uranium Project, Northern Saskatchewan

Hawk Uranium Inc. is pleased to announce that Geotech Ltd., of Aurora, Ontario has commenced a 2,000 km helicopter-borne Time Domain Electromagnetic Geophysical Survey with a VTEM system over Hawk’s wholly owned Cluff Lake Uranium Project in Northern Saskatchewan. Geotech Ltd. has advised Hawk that it expects to complete this survey by the end of [...]

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Triangle Petroleum Provides Update on Its Canadian Projects

Triangle Petroleum Corporation continues to actively explore in Western Canada through its wholly owned Canadian subsidiary, Elmworth Energy Corporation (“Elmworth”). Elmworth’s corporate objective is to focus on building a solid production and cash flow base for the Company in the near term. The Alberta Deep Basin drilling programs will complement the longer term production opportunities [...]

Palisades Petroleum Corporation: Additional Property in Montana, USA

Palisades Petroleum Corporation is pleased to announce that it has expanded its shallow natural gas exploration program in Northwest Montana, USA.
Effective July 24, 2006, the Company entered an agreement to acquire a 50% working interest in more than 3,900 acres in the Highwood Prospect from Zone Exploration, Inc. (Billings, Montana). The new prospect will [...]

Technip Subsea 7 Asia Pacific Joint Venture to Be Dissolved

Technip and Subsea 7 said that they have agreed to dissolve their joint venture, Technip Subsea 7 Asia Pacific (TS7), once all its existing projects and tendered work have been completed.
Technip and Subsea 7 worked together on significant projects in the Asia Pacific region for several years. In 2006, TS7 was formed to provide [...]

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Alternative energy growing in Mich., coal still king

Michigan is exploring ways to continue growing its alternative energy industry and providing a boost to economic development, but coal-fired power plants are expected to continue producing most of the state’s electricity through at least 2030.
ENERGY PLAN: Gov. Jennifer Granholm issued an executive directive in April calling for the development of a comprehensive plan to [...]

Passion shines beyond Badger Mining Corporation’s Adventure Day

What would you give to be a kid again, play in the sand, build the world’s largest sand castle and as a result be listed in the Guiness Book of World Records? If you live anywhere near Fairwater, Wisconsin, the price is rather inexpensive, a mere $2.00.
Badger Mining; which mines industrial silica sand, limestone and [...]

Banro increases and upgrades mineral resources at Namoya

Banro Corporation (“Banro” or the “Company”) (AMEX – “BAA”; TSX – “BAA”) is pleased to announce an updated mineral resource estimate at its wholly-owned Namoya project of 691,000 ounces of gold (7,386,000 tonnes grading 2.91 g/t Au) in the Indicated Mineral Resource category and 583,000 ounces of gold (4,829,000 tonnes grading 3.76 g/t Au) in [...]

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