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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

…  to 1.0% TREO with very low values for potentially deleterious uranium and thorium. While the overall TREO grade appears low compared to …

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

…  Range of the prolific Sudbury Mining Camp of Northern Ontario. Past exploration by Pele and Wallbridge has discovered two new offset …

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

…  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. Each …  units, at an exercise price of $0.075 per unit for a period of 24 months. A 2% cash finder’s fee will also be paid to another …  issued pursuant to this offering will have a hold period expiring April 30, 2009. The proceeds from this issue of $547,500 will …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against …

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 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 millio …

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

…  reach full production by April after an initial ramp-up period and contribute approximately 500,000 tons of production 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

…  33,862,870 HDG Shares validly deposited under the Offer prior to the expiry time. The Company has taken up all of these validly …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

Alexco Resource Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by …

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

Weststar 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. Mitchell, P. Eng of Mitchell Geological Services Inc. and …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

Cloudbreak Resources Ltd. report that Saskatchewan Energy and Resources has delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak Resources Ltd. has a total of 18.5 full or partial townships, or a …

January 8th, 2009