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Random News from Mining Top News

Endeavour Launches Onshore U.S. Exploration Campaign

Endeavour Launches Onshore U.S. Exploration Campaign

…  International Corporation announced that the first exploration well of a new onshore exploration program focused in South Texas has resulted in a commercial discovery and the company’s first …

January 9th, 2009

Stratic ceases operations on Well 16/2b-5A in UK North Sea

Stratic ceases operations on Well 16/2b-5A in UK North Sea

…  Energy Corporation announces that following a series of operational difficulties, Stratic and its joint venture partner have decided to cease operations on well 16/2b-5A in the UK …

January 9th, 2009

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 third party to acquire a 100% working interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the city of Bathurst. …

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 …  in 2008 and by recently issuing an additional 400,000 of its common shares to Pele. Wallbridge is expected to complete its earn-in of …

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 7,300,000 units. On this …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

…  material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International …  to amend its claim to allege that ICMI, certain of its shareholders, and ICML conspired to defraud the shareholders of ICMI and ICML, …

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 …  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 …

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

…  Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, …

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

…  Desert Gold Corporation announced the results of its substantial issuer bid to purchase for cancellation a maximum of …  payment, therefore, will be made as soon as practicable in accordance with the Offer. The HDG Shares to be purchased for …  and notice of guaranteed delivery which were mailed to HDG shareholders and are also available on SEDAR at www.sedar.com under the …

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 than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by multiple unrelated …

January 8th, 2009