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Random News from Mining Top News

Strategic Nevada Resources Hires Stewart Contracting to Begin Rehabilitation Work on the Crescent Mine

Strategic Nevada Resources is pleased to announce that it has engaged Stewart Contracting of Pinehurst, Idaho to commence rehabilitation of the surface structures at the Crescent Mine. Stewart Contracting is a licensed and bonded contractor that provides services to the civil construction, environmental reclamation and mining sectors.
The Crescent Mine site presently has six [...]

Gold Canyon Updates Joint Exploration Agreement With the Japan Oil, Gas and Metals National Corporation

Gold Canyon Resources Inc. announce that its wholly owned subsidiary Gold Canyon Kratz Spring LLC and its joint venture participant Japan Oil, Gas and Metals National Corporation (JOGMEC) have reached an agreement for the April 2009 – March 2010 fiscal year work program and budget on May 15, 2009. Under the terms of the Joint [...]

Tag: gold canyon metals, japan oil gas and metals national corporation jogmec g19 japan

Globex Options Grand Calumet Uranium-Fluorite Property to Hawk Precious Minerals Inc.

GLOBEX MINING ENTERPRISES INC. announce that Hawk Precious Minerals Inc. (CNQ: HAWK) has signed an option agreement with Globex whereby Hawk can earn up to 70% interest in Globex’s 100% owned Grand Calumet uranium-fluorite property.
In order to earn the 70% interest in the property, Hawk must pay Globex $205,000, issue to Globex 1.7 million Hawk [...]

Tri-Star Holdings, Inc., Formerly Rapid Fitness, Inc., Announces Mineral Rights Division, Reomt LLC In Discussions to Expand Holdings Globally

TRI-STAR HOLDINGS, INC., formerly RAPID FITNESS, INC., a publicly traded company currently on the Over the Counter, announced the company has expanded the focus of its wholly owned subsidiary, Reomt, LLC to include the development of mineral rights and claims beyond its existing domestic interests. The company, through Reomt LLC, already owns and is developing [...]

Mining Stocks Surge on Consolidation

Shares of mining equipment makers rose Monday after a leading manufacturer of above-ground equipment bought a German company for $731 million and another turned in results that easily beat Wall Street expectations.
Bucyrus International Inc.’s shares jumped $5.75, or 13.5 percent, to close at $48.48 on the Nasdaq, one day after the South Milwaukee-based company announced [...]

Peru Copper announces highly favorable column leach results

Peru Copper Inc. is pleased to announce that it has received highly favorable results from its recent column leach testing at the Toromocho copper deposit.
The preliminary column leach test results detailed below suggest that the geology of the Toromocho orebody is particularly suited to an initial heap leach operation followed several years later by [...]

PDVSA Starts Drilling as Corocoro Operator

Venezuela’s state oil firm PDVSA has started drilling after taking over operations of US oil major ConocoPhillips’ (NYSE:COP) Corocoro project, according to a PDVSA statement.
Conoco so far has not accepted government terms for continuing in PDVSA-dominated joint venture deals in the South American country.
PDVSA did not specify whether it was referring to Corocoro Este or [...]

Tag: corocoro mining

U.S. Energy Corp. Completes Sale of Interest in Sutter Gold Mining Inc. to RMB Resources Ltd.

U.S. Energy Corp. (Nasdaq:USE) (“USE” or the “Company”) today announced that it has completed the sale of an aggregate of 39,062,720 common shares of Sutter Gold Mining Inc. representing approximately 49.9% of the outstanding common shares of SGMI to RMB Resources Ltd. (“RMB”), as trustee for the Telluride Investment Trust, for an aggregate purchase price [...]

Franklin Resumes Phase I Operations at Bolivia’s Escala Mine Joint-Venture

Franklin Mining, Inc. CEO William Petty said the company has received funding necessary to resume operations at the Escala Mine effective May 1, 2009.
Phase I operations at Franklin’s Escala Mine joint-venture are set to be underway at the end of this week including the delivery of stockpiled ore for processing at nearby plants. Revenues recorded [...]

Tag: escala bolivia, william petty oil

Reduce coal use for power, Greenpeace urges India

Holding ‘excessive’ use of coal responsible for climate change, Greenpeace India Friday staged protests at a coal-based power plant here.
The demonstration at Ennore in north Chennai was part of a series of activities the Indian arm of Greenpeace, the international environment organisation, is undertaking to draw attention to the immediate threat from climate change.
‘Even the [...]