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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 regulatory approval. This property is located in a mining-friendly jurisdiction, with excellent infrastructure nearby. The major …  and thorium. While the overall TREO grade appears low compared to some other deposits, the proportion of heavy rare earth oxides …

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 Project through 2008 by spending an …

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

…  to another intermediary for this financing. Additional commissions of $6,900 and 150,000 purchase warrants will be payable to …  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

…  in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International Consolidated …  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

…  the Garwood prospect located in Colorado County, Texas has commenced production from two intervals. As of January 4, 2009, the well was …  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 …  has now secured all of the necessary permits to begin mining on the Radio Hill section of the Briar Hill surface mine (”Radio Hill”) …

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

…  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. …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

…  approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by …  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

…  rail lines within 40 km of the property. Mr. Mitchell recommends a drill program to test the area nearby to the historic 18 meter coal …  a detailed drill permit application on behalf of the company, and it is anticipated that the drill permits will be issued shortly. …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

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

January 8th, 2009