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Random News from Mining Top News

Endeavour Launches Onshore U.S. Exploration Campaign

Endeavour Launches Onshore U.S. Exploration Campaign

…  International Corporation announced that the first exploration well of a new onshore exploration program focused in South Texas has …

January 9th, 2009

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

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

…  Energy Corporation announces that following a series of operational difficulties, Stratic and …  was not attempted in the circumstances and the well is currently in the process of being abandoned. Stratic’s share of the total cost …  further activity on the acreage is justified in the current economic climate. Mark Bilsland, Stratic’s Chief Operating Officer …

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

…  Group Ltd. announce that it has entered into an option agreement with a third party to acquire a 100% working interest in a Rare …  property is located in a mining-friendly jurisdiction, with excellent infrastructure nearby. The major highway is approximately 5 …

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

…  that Wallbridge Mining Company Ltd. has fulfilled its option commitment at Pele’s Sudbury Nickel Project through 2008 by spending an additional $300,000 on qualifying exploration expenditures in 2008 and by recently …

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

…  EXPLORATION INC. announce the closing of a private placement of $547,000, consisting of 7,300,000 units. On this amount, MineralFields Group, through First Canadian Securities® (a division of Limited Market Dealer Inc.), has subscribed for 5,600,000 units representing …

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 Superior Court of Justice Commercial List (Court File No. …

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

…  located in Colorado County, Texas has commenced production from two intervals. As of January 4, 2009, the well was flowing at a daily rate of more than 6.1 million cubic feet of gas and 100 barrels of oil plus approximately 300 barrels of …

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

…  Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, announced the …  by the United States Army Corps of Engineers under Section 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 Radio Hill section of the Briar Hill surface mine (”Radio Hill”) in …

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 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. (Toronto time) on January 7, 2009. There were 33,862,870 HDG Shares validly …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by multiple unrelated purchasers. As a …

January 8th, 2009