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Random News from Mining Top News

Film says mining hurting NSW waterways

A coalition of environmental groups has released a film which criticises the mining industry for its impact on New South Wales rivers and creeks.
The film points out that longwall mines that are too close to rivers or creeks can cause cracking in the bedrock, which cause the rivers to dry up.
It has also claimed the [...]

ArcelorMittal Announces Acquisition of Canadian Metals Recycler Bakermet

ArcelorMittal, the world’s largest and most global steel company, today announced that it has signed an agreement to acquire Bakermet, a market leader in the scrap metal recycling industry in Eastern Ontario, Canada.
Bakermet, which specializes in all types of ferrous and non-ferrous metal, processed approximately 130,000 short tons of ferrous and 40 million pounds of [...]

Mine safety administrator defends implementation of mine law

WASHINGTON – More than a year after the Sago mine explosion that killed 12 miners, protections for miners who get trapped underground have not yet been implemented, the United Mine Workers president said Wednesday.
UMW President Cecil Roberts testified during a Senate Appropriations subcommittee hearing in which senators questioned Richard Stickler, head of the nation’s mine [...]

Unitech Energy announces commencement of drilling

The Company is pleased to announce that it has farmed-out a working interest in its 100%-owned, 2 3/4 section Paddle River prospect to an independent industry partner. The farm-out agreement calls for the farmee to provide 75% of the drilling, completion, and tie-in funds in return for 37.5% of production. The farmee also has an [...]

Tag: unitech drilling company limited

Vietnam Coal Co To Borrow $20 Million From Japan’s Mizuho Corp Bank

State-owned Vietnam National Coal & Mineral Industry Group, or Vinacomin, has signed a deal to borrow $20 million from Japan’s Mizuho Corp. Bank to expand operations, a Vinacomin official said Friday.
“This is the first time Vinacomin has borrowed from Mizuho, and (we) need the fund to buy more equipment for mining, as production is expected [...]

Mining Engineer Licensure Examination Results

The Professional Regulation Commission (PRC) announces that 10 out of 16 passed the Mining Engineer Licensure Examination given by the Board of Mining Engineering in Manila this August 2006.
The members of the Board of Mining Engineering are Cornelio Q. Casido, Chairman; Rufino B. Bomasang and Augusto C. Villaluna, Members.
Registration for the issuance of Professional Identification [...]

Tag: julius pacunana, philipinne society of mining engineers, mining engineer licensure exam, rickson dimapilis mining engineer prc, euland turqueza

Cirrus Energy Corporation announces Netherlands preliminary drilling results

Cirrus Energy Corporation announce that its wholly owned subsidiary, Cirrus Energy Nederland B.V., has successfully drilled the Q14-3 exploration well to a total true vertical depth (“tvd”) of 3020 metres sub-sea. Partners in the well are EBN B.V. (40%) and TAQA Offshore B.V. (“TAQA”) (30%) with Cirrus (operator) retaining a 30% interest subsequent to a [...]

Warwick identifies iron ore target

Minerals explorer Warwick Resources Ltd has identified its largest direct shipping iron ore target to date at its Woggaginna project in Western Australia’s Pilbara region.
The project contains banded iron formations, with corresponding zones of iron enrichment typically grading between 57 per cent and 63 per cent iron.
The news sent Warwick’s shares 10 cents, or 21.98 [...]

Jasper Mining Corp. completes $133,000 non-brokered financing

Jasper Mining Corporation has completed the non-brokered private placement financing announced on March 7, 2008. This private placement was originally announced as a brokered private placement which was in error. The Company raised $133,000 through the sale of 380,000 units, each unit consisting of a common share and a one-half share purchase warrant. The financing [...]

Eni in Libya Deal

Italian gas company Eni signed new gas and oil contracts with Libya that run until 2047.
The six exploration and production sharing contracts with the Libyan state-owned National Oil Company will help Eni increase production in Libya and ensure greater energy security for Italy, Eni said in a statement.
The new oil contract expires in 2042 [...]