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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 a …  to regulatory approval. This property is located in a mining-friendly jurisdiction, with excellent infrastructure nearby. The major …  vein that has been traced on surface for 800 metres along strike, with an apparent width of up to 50 metres. As part …

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 …  contact and footwall of the Sudbury Igneous Complex, which forms the outer rim of the Sudbury Basin, as well as within offset dikes that …

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 …  (a division of Limited Market Dealer Inc.), has subscribed for 5,600,000 units representing $420,000. Each unit at a price of $0.075 …  one non-flow-through share at a price of $0.10 per share for a period of 12 months and at $0.15 per share for the following 12 months. …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  Capital Corp. announces that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court …  including Platinum Partners Value Arbitrage Fund L.P., and for a declaration invalidating certain grants of security interests over ICMI’s …

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

Index Oil and Gas Inc. announced that the Cochran #1 exploratory well in the Garwood prospect …  of Index. “Initial data indicates that the well is performing as expected. Drilling of the first appraisal well could be as early as …

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 now secured all of the necessary permits to begin mining on the Radio Hill section of the Briar Hill surface mine (”Radio Hill”) …  the Kentucky Division of Surface Mining Reclamation and Enforcement for Radio Hill. Mine development work has already commenced at …

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

…  the results of its substantial issuer bid to purchase for cancellation a maximum of 36,000,000 common shares of the Company at a …  of these validly deposited HDG Shares and payment, therefore, will be made as soon as practicable in accordance with the Offer. The HDG Shares to be purchased for …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less …  NovaGold is no longer deemed a reporting insider of Alexco for Canadian securities law purposes. Mr. Rick Van Nieuwenhuyse, NovaGold’s …

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 NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored …  similarity between coal occurrences within the Manville Formation at the Tobin Lake Property to those of Goldsource Mines, located …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak Resources Ltd. has a …  permits in Saskatchewan and approximately 350,000 acres for the rights to subsurface potash which lie in the Vermillion area on the …

January 8th, 2009