No posts found. Try a different search?

Random News from Mining Top News

Evolution Petroleum Reports Drilling Results in the Giddings Field

Evolution Petroleum Corporation reported recent drilling results for two wells in the Giddings Field in central Texas. In mid-January, the Company completed the Hilton-Yegua #1RE as a re-entry into an existing well in the Burleson County area of the Giddings Field. The re-entry included drilling a new vertical section from 3,000′ depth to a total [...]

Tag: gas lease pennsylvania, chesapeake energy marcellus shale production unit wetzel, vialogy, grimes county austin chalk, current gas lease rates pennsylvania

South Africa’s Nedbank Capital buys U.S mining unit

South Africa’s Nedbank Capital said on Wednesday it had acquired Mining Capital Equipment, a unit of U.S drilling services group Boart Longyear , through a leveraged buyout.
Nedbank Capital, a unit of banking group Nedbank , bought the unit for an undisclosed amount with black empowerment group Matasis Investment Holdings and management.
“The business is focused and [...]

Emerald Bay Energy Inc. – Drilling operations completed at Dorenlee, Alberta

Emerald Bay Energy Inc. reported on recent drilling activities in Central Alberta. Drilling operations have now been completed at Dorenlee, Alberta (Township 43, Range 20 W4). The Company drilled three wells in succession at Dorenlee, targeting the Edmonton Sand, Horseshoe Canyon, Belly River, and Basal Belly River formations. Emerald Bay is the Operator as well [...]

Xstrata Lodges New Mining Plan for McArthur River Zinc Mine

Xstrata Plc, which owns the world’s largest zinc smelter, has lodged a new environmental mining plan for the A$66 million ($49 million) extension of its McArthur River zinc and lead mine in northern Australia.
The plan includes suggestions from the Northern Territory government’s independent adviser Wayne Erskine, a unit of the Zug, Switzerland-based company said in [...]

Virginia Mines Inc.: $2.4 M Flow-Through Private Placement Financing

Virginia Mines Inc. announces that it has negotiated a private placement that consists of 279,124 flow-through common shares at a price of $8.67 per share, which represents 69% premium to the last 10 days volume weighted average price for gross proceeds of CA$2,420,000. Casimir Capital L.P. (“Casimir”) acts as the agent for the financing.
At the [...]

Tag: mines hiring in wv, private placement brokers, kansas mining stocks

Gold Canyon Resources Inc.: Drilling at Cordero Gallium Project

Gold Canyon Resources Inc. announce an additional Reverse Circulation (RC) drilling program to be conducted at the Company’s Cordero Gallium Project in Nevada, as part of ongoing preparation for preliminary feasibility work. The drill program is designed to follow up and further test newly defined structurally controlled exotic metal anomalies. Also, it will provide additional [...]

Tag: cordero mine gallium, codero resources, mine gallium, gallium us mine company, humboldt county nevada drill

Texans rally against new coal plants

Carrying signs with slogans of “Stop the Coal Rush” and “Shame on Texas,” about 1,000 people rallied at the state Capitol to persuade lawmakers to abandon a plan to build up to 18 new coal-fired power plants.
Environmentalists fear the new plants will pump millions of tons of pollutants into the air every year.
“Coal plants seem [...]

BP profits weaken despite record high oil prices

Energy giant BP has said that net profits dipped in 2006, reflecting a decline in production and refining margins, despite record peaks for crude oil prices in the middle of the year.
Fourth-quarter profits meanwhile slid following recent oil price losses, combined with higher safety costs following the deadly Texas City refinery blast in 2005.
BP also [...]

Nickel price jumps as copper spikes higher

Nickel futures rose 6.6 percent on Friday to touch $26,000 a tonne, supported by sharp gains in copper as threats to the supply of both metals lifted prices. At 1500 GMT nickel was quoted at $25,950/26,250 versus $24,400 at Thursday’s London Metal Exchange (LME) close. Nickel hit a record $26,850 in July. Copper earlier spiked [...]

Harry Winston Diamond Corporation announces Diavik Diamond Mine cancels winter production shutdown

Harry Winston Diamond Corporation announce Diavik Diamond Mines Inc.’s decision to cancel a winter production shutdown at the Diavik mine in Canada’s Northwest Territories.
Earlier this year, Diavik had announced a series of actions in response to changes in market conditions, including plans for a summer and winter production shutdown. The summer shutdown was safely and [...]

Tag: salary at diavik diamond mines inc, wages at diavik mines, diavik salaries, diavik wages, basic wages for diavik miners