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Random News from Mining Top News

Temex partners with Gee-Ten in Noront-McFaulds Lake area

Temex Resources Corp. announces that they and partner East West Resource Corporation have entered into a Letter of Intent with Gee-Ten Ventures Inc. whereby the Companies grant to Gee-Ten the option to earn up to 65% interest in the North Trap Property in the Noront-McFaulds Lake area of the James Bay Lowlands.
The North Trap Property [...]

Oil and gas drilling in Southwest Indiana at a 15-year peak

Indiana State officials say Southwest Indiana is experiencing a boom in oil and gas exploration, with a peak number of wells drilled over the past 15 years.
The Indiana Department of Natural Resources Division of Oil and Gas released a report earlier this week that says oil and gas wells are being drilled in Indiana “At [...]

Tag: mary estrada oil indiana, indiana oil drilling boom

Asian stocks firm, oil stabilizes above $60

Asian stock markets continued their strong year-end run on Thursday after a record close on Wall Street, while crude oil stabilized just above $60 a barrel after losing $3 in four sessions.
The yen, which hit a record low against the euro last week and a two-month low against the dollar this week, was steadier, finding [...]

ATP Signs GBP 265 Million Agreement to Sell a Portion of Its North Sea Assets

ATP Oil & Gas Corporation and its wholly owned subsidiary ATP Oil & Gas (UK) Limited announced that it has entered into a sale and purchase agreement for £265 million or approximately $430 million with EDF Production UK Limited (“EDF”), a subsidiary of EDF International of France, for certain of ATP’s UK assets in the [...]

Richfield provides update on summer exploration work

Peter Bernier, President and CEO of Richfield Ventures Corp. provide an update on recent work on the Quesnel Trough Project and Morris Mine property, both located in British Columbia, Canada.
Quesnel Trough Project
Richfield’s Quesnel Trough Project consists of a large land package of over 200,000 acres located east of the city of Quesnel. During the [...]

Tag: peter bernier quesnel

Union Gold Inc. Enters Into a Binding Merger Agreement With Shoal Point Energy Ltd.

UNION GOLD INC. a TSXV listed Company, announces that it has today entered into an binding agreement (the “Letter Agreement”) with respect to a proposed amalgamation or plan of arrangement, or other form of merger or business combination (the “Transaction”) with Shoal Point Energy Ltd. (“Shoal Point”).
About Shoal Point Energy:
Shoal Point Energy Ltd. is a [...]

Tag: shoal point energy limited, shoal point energy

Arctic Studies Shed New Light on Mars

When scientists examined a meteorite from Mars under a microscope, they discovered tiny mineral spheres that, some argued, were produced by living organisms. Now, researchers working in the high Arctic have found similar mineral features, produced not by microbes, but by a volcano.
The city of Hammerfest lies at the northern tip of Norway, well above [...]

Tri-Star Holdings, Inc. Announces Company Is in Negotiations With Azrock Mining of Arizona

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company is in negotiations with Azrock Mining of Arizona to establish operations at the company’s gold mine claims COS 1 and COS 2 in Salome, Arizona. Pending negotiations, Azrock is scheduled to begin operations on or about Monday, October 20. [...]

Tag: bunker hill mine az

Trade Winds Preparing to Drill in China

Trade Winds Ventures Inc. announce the commencement of the 2008 exploration program on the Tuole Gold project, Xinyuan County, Xinjiang Uygur Autonomous Region, P. R. China.
Xinjiang Entercor Mining Corp. (“Xinjiang Entercor”), a Joint-Venture Company between Western China Mining Corp. (80%), a Trade Winds subsidiary, and Xinjiang Dadi Mining Technology & Development Corp. (20%) is currently [...]

Bangladesh paralysed as coal protest strike grips nation

A strike paralysed Bangladesh as a police officer was killed amid new violent protests over the shooting deaths of five demonstrators against a British firm’s plan to construct a coal mine.
Shops, schools and businesses in all major towns and cities were closed for the strike called by the main opposition to protest the Asia Energy [...]