No posts found. Try a different search?

Random News from Mining Top News

Chinese coal firm seeks Hong Kong listing

Pingdingshan Coal Co. Ltd., a coal firm based in China’s central Henan province, said it plans a listing in Hong Kong after its subsidiary raised 3 billion yuan ($386 million) in a Shanghai listing in November.
Pingdingshan Coal, with 33 million tonnes of coal output and 21.2 billion yuan of revenues, ranks No. 6 among the [...]

Cabot Oil & Gas Corporation Announces Pricing and Upsizing of Public Offering

Cabot Oil & Gas Corporation announced that it has priced a public offering of 4,350,000 shares of its common stock at price to the public of $65.27 per share. The size of the offering represents an increase over the 3,600,000 shares that the Company had previously announced. Proceeds of the offering are expected to [...]

Zimbabwe: Oil Price Hampers Efforts to Contain Inflation

South African Reserve Bank governor Tito Mboweni said the price of oil is unlikely to drop any time soon, hampering efforts to contain inflation and adding to pressure for higher interest rates.
“On the inflation picture, what is of serious concern is that it doesn’t seem like oil prices are going to be of assistance to [...]

Coeur Announces Appointment of Humberto Rada as President of Manquiri and of Coeur South America

Coeur d’Alene Mines Corporation announced the appointment of Humberto Rada as the new President of Coeur’s Bolivian subsidiary, Empresa Minera Manquiri, S.A., and of Coeur South America. Mr. Rada will lead all the Company’s activities in South America, including its existing activities in Bolivia, Chile and Argentina. Coeur recently began operations at its new San [...]

Anglesey Mining says to start drilling programme at Canada’s Labrador Iron Mines

Anglesey Mining PLC said it is starting a major drilling programme in July at the Labrador Iron Mines properties in Canada.
Initial drilling will be on deposits around Schefferville, Quebec with the aim of validating earlier drilling by the Iron Ore Company of Canada.
The drill will then move to the Astray deposit, 80 km south-east of [...]

American Creek announces $1,250,000 private placement offering

American Creek Resources Ltd. announced that it will be offering on a non-brokered private placement basis up to 1,000,000 units at a price of $1.25 per Unit for gross proceeds of $1,250,000 if the Offering is fully subscribed. Each Unit will consist of four flow-through common shares of the Corporation along with one [...]

Tag: private placement mining offerings

Texada Ventures Inc. Term Sheet with Royalty Exploration LLC

Texada Ventures Inc. announce that on March 9, 2009 it entered into an Amended Term Sheet with Royalty Exploration LLC whereby Texada will acquire 100% of REX’s issued and outstanding shares. In conjunction with the transaction, the Company has commenced a concurrent private placement financing of up to $40 million.
REX leverages patented cutting [...]

Tag: texada ventures inc indiana, oil and gas term sheet, mining contract term sheet, rex oil royalty, llc term sheet investment

Full Metal Identifies New High Grade at Nadaleen Project, Yukon Territory

Full Metal Minerals Ltd. announce the results of an extensive surface mapping, rock and soil sampling program from the 100% owned Nadaleen Zinc-Lead-Silver Project, Yukon.
The Nadaleen Project area comprises six prospects staked by Full Metal, targeting carbonate-replacement style deposit (CRD) hosting widespread silver-lead-zinc mineralization.
High grade mineralization was discovered along 3,200 meters of strike length at [...]

Tag: top three lead mines

Passport Metals Inc. Identifies Copper Manto at Gilda Copper – Gold Property

Passport Metals Inc. announce that it has identified a copper bearing manto on its Gilda Joint Venture Property located 25 kilometres north east of the regional mining centre of Copiapo in Region III, Chile. Phase I exploration consisted of excavator trenching, road building, mapping and sampling. Preliminary bedrock chip and grab sampling in a newly [...]

UC Hub Group, Inc. Begins Additional Gold and Silver Assays on Mineral Properties in Nevada and Arizona

UC Hub Group, Inc. announces that it has ordered staff to begin survey and preliminary prospecting on two new mining claim properties. These new and additional assays will be sent to an assay chemist lab in Nevada and Arizona for analysis of a combination of potential minerals including and not limited to gold and silver. [...]

Tag: nevada assay services for placer gold, placer gold claims mexico for sale