Homeland Energy Group Provides Operations Update for Kendal Colliery & Exploration Projects in South Africa
Homeland Energy Group Ltd. provide an update on the status of its Kendal Colliery following a planned shut-down for plant improvements and on its key exploration projects in South Africa. “While the first year of any operation is filled with a certain amount of excitement, it is also the year in which the operations team makes adjustments and improvements to ensure the operations run according...
Exploration drilling permit received for Raven Underground Coal project
Compliance Energy Corporation provide a progress report on the Raven Underground Coal project on Vancouver Island British Columbia. Compliance Coal Corporation dba Comox Joint Venture (“CJV”) has just received an exploration permit from BC’s Ministry of Energy, Mines and Petroleum Resources to drill up to 53 holes (15,000 meters) on the Raven Underground Coal Project. The Raven project...
Gran Tierra Energy Announces US$198 Million 2009 Capital Program
Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 million for exploration and production development operations in Colombia, Peru, and Argentina for 2009. This budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia,...
Venoco Scales Back 2009 Capital Budget Forecast
Venoco, Inc. announced it will scale back its forecast of 2009 capital expenditures from $300 million to $225 million. “We remain very cognizant of the unusual financial times and are committed to managing our capital expenditures to sustain the company,” explained Tim Marquez, Chairman and CEO. “Our portfolio of capital projects is robust and provides us with significant flexibility...
Stingray Receives Acid Plant Cost Estimates for Feasibility Study at El Pilar Copper Project, Mexico
Peter Mordaunt, Chairman and CEO of Stingray Copper Inc. reports that the Corporation has received independent cost estimate proposals for the construction of a commercial acid plant capable of producing sulfuric acid, a necessary operating requirement at the El Pilar oxide copper project located in Sonora, Mexico. In the metallurgical process being studied for the El Pilar project, sulfuric acid is...
Nord Resources Provides Update on Reactivation Progress at Johnson Camp Copper Mine
Nord Resources Corporation, which is reactivating copper mining at the Johnson Camp Mine in Arizona, today provided an update on its progress toward starting up production of new copper at its Johnson Camp Mine near Tucson, Arizona. “As previously announced, on August 19, 2008, the Arizona Department of Environmental Quality (ADEQ) issued the air-quality permit required to proceed with construction...
Homeland Energy to Purchase US-Based Appolo Fuels and Diversified Energy for US$105-Million
Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, respectively. The total purchase...
Industry Research and Investment Analysis Report on China’s: Iron Ore Mining Industry for 2008
Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering. The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore will continue until 2011. With...
Denison Provides U.S. Operations Update
Denison has experienced delays in obtaining an Air Quality Permit, the only remaining permit required to mine Arizona 1, from the Arizona Department of Environmental Quality (“ADEQ”). The application for the Air Quality Permit, which relates to surface air quality, was submitted to the ADEQ in January 2008 after three months of consultation. Concern was subsequently raised over dust emission...
Sherwood Copper Reports Phase 3 Mill Throughput Increase to 3,200 tpd Approved by Regulators
Sherwood Copper Corporation announced that the Government of Yukon, Department of Energy, Mines and Resources, has approved an amendment to its Quartz Mining License that permits an increase in the approved mining rate and mill throughput for its high grade Minto copper-gold mine located in the Yukon. This approval follows a designated office assessment under the Yukon Environmental and Socio-economic...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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