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Random News from Mining Top News

Texas-based group awarded $375 million energy contract

A Texas-based nonprofit consortium has been awarded a 375 (M) million dollar contract to manage research and technology for natural gas production and oil exploration and the development of new energy sources.
Officials said today that the Research Partnership to Secure Energy for America will award contracts to universities, research institutions, national laboratories and industry partners.
The [...]

Simberi to Acquire Gold Properties in Guyana

Simberi Mining Corporation, a Canadian based international mineral development company that develops a portfolio of natural resource properties and companies announce that it has entered into a letter of intent with Lori Energy Inc., to enable Simberi to acquire up to a 100% interest in Prospecting Licence: PL/35SE/02/07 called the Kaburi Licence encompassing [...]

Tag: best gold area in guyana, guyana calcined bauxite, gowest amalgamated zijin, cotton western mining inc, current guyana bauxite mining

ConocoPhillips Company Profile

Formed by the merger of Conoco and Phillips Petroleum, ConocoPhillips is the #3 integrated oil and gas company in the US, behind Exxon Mobil and Chevron; but that could all change following the acquisition of Burlington Resources (for a reported $35 billion) in 2006. The expanded company explores for oil and gas in more than [...]

Dana Resources Technical Update on Collota 1.17 Million Ounce Gold Deposit

Dana Resources a US-based precious metals exploration and development company, is pleased to announce the initiation of the production program at its Collota gold deposit. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions.
The Collota Gold Deposit is located in Northern Peru in the region of Ancash on [...]

Harrison County Mine Accident Injures One

One man was injured today in an accident at the Sycamore Mine Number Three in Harrison County.
The accident happened around 11 o’clock this morning. The State Office of Miners Health Safety and Training says the man broke his leg when it got caught in a bolt machine. The 24-year-old was taken by ambulance to United [...]

Mincor Resources Announces High Grade Nickel Intersection Extends Otter Juan

Mincor Resources announced that the Company has delineated a significant potential extension to its Otter Juan nickel mine at Kambalda using an innovative underground drilling technique that has returned an intersection of 8.29m @ 3.70% Ni (true width 3.5m) more than 100m beyond the furthest previous drill intersection in the ore body. The Company reported [...]

Stornoway to Make Concurrent Offers for Ashton Mining and Contact Diamond

Stornoway Diamond Corporation (“Stornoway”) (TSX:SWY.TO) is pleased to announce that it will make an offer to acquire all of the outstanding shares of Ashton Mining of Canada Ltd. (“Ashton”) (TSX:ACA.TO). Concurrent with the Ashton offer, Stornoway will also make an offer to acquire all of the outstanding shares of Contact Diamond Corporation (“Contact”) (TSX:CO.TO).
The successful [...]

Changes in the corporate executive committee of StatoilHydro

Hilde Merete Aasheim is leaving StatoilHydro ASA for a position as executive vice president for Aluminium Metal in Norsk Hydro ASA.
Ms Aasheim has held the position as executive vice president for corporate staffs and services since the establishment of StatoilHydro on 1 October 2007.
Hilde Merete Aasheim headed the efforts related to the integration process between [...]

Diamonaire Now Wholly Owned by Pinnacle

Pinnacle Resources, Inc. announced that it has taken over 100% ownership in Diamonaire (Pty) Limited effective as of July 1, 2006. Since inception of the joint venture, Diamonaire has been owned equally by Ocean Options, a South African closed corporation represented by Chris Wilson, inventor and operator of the AquaWalker technology. Mr. Gamble, President [...]

Chinese miner completes study on Benguet gold-copper mine

Zijin Mining Group Co. Ltd. has completed its initial feasibility study on a gold-copper mine in Benguet province owned by Far Southeast Gold Resources Inc. (FSGRI).
China’s second largest gold miner is in the process of negotiating a final agreement, it said in a disclosure filed with the Shanghai Stock Exchange.
Listed local miner Lepanto Consolidated Mining [...]

Tag: far southeast gold resources inc, far southeast mining, benguet exploration, benquet gold es, guinea gold