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Random News from Mining Top News

Sino Gold offers China earthquake relief

May 19th, 2008

Sino Gold Mining Ltd says its operations and workforce in China have not been directly impacted by the earthquake in Sichuan Province.
Sino Gold will donate approximately $100,000 in essential equipment to the earthquake relief effort, the company said on Monday.
The equipment includes 70 portable gas power generators, 200 sets of hand torches and 70 megaphones, [...]

Verena Minerals Corporation: Ron Stewart Goes to Dundee

August 26th, 2008

Verena Minerals Corporation announced today that Mr. Ron Stewart, President & CEO of the Company, has accepted an offer from Dundee Securities Ltd. to be a mining analyst at that firm. He has tendered his resignation at Verena and will be joining Dundee on September 1, 2008.
“We are very happy for Ron and support his [...]

Noble Corporation; $1.40 per Share on Operating Revenues of $813 Million

July 24th, 2008

Noble Corporation is reported to have announced and told the press about its second quarter 2008 earnings of $376 million, or $1.40 per diluted share, versus $290 million, or $1.08 per diluted share, for the second quarter of 2007. Per-share earnings were up 30 percent from the second quarter of 2007 and down 2 percent [...]

Minco Silver Appoints Chief Operating Officer

July 29th, 2008

Minco Silver Corporation is pleased to announce that Mr. Christopher Zahovskis has been appointed as Chief Operating Officer for Minco Silver. Mr. Zahovskis will be based at the Head Office in Vancouver, Canada and will be responsible for the day-to-day operations of the Company.
Mr. Zahovskis graduated from Queen’s University, Canada, with an Honors B.Sc. in [...]

Progress Energy taking down Higgins plant

October 8th, 2006

Progress Energy Florida’s former Oldsmar power plant, idle for the past decade, will go up in a cloud of smoke later this month.
The half-century-old A.W. Higgins plant is scheduled for implosion at 8 a.m. Friday, Oct. 20. The public is welcome to watch the spectacle from Philippe Park, across Old Tampa Bay to the west [...]

Drilling deepens Tasmania mine

November 5th, 2006

MINING at the Beaconsfield goldmine has moved a step closer after Tasmania’s work safety regulator yesterday approved a resumption of blasting and drilling to make the mine deeper.
Workplace Standards Tasmania rescinded a ban on work on the mine’s main decline imposed after the Anzac Day rockfall that killed miner Larry Knight just over six months [...]

Australian acquisition to help Quadra Mining boost copper production: CEO

July 21st, 2006

An acquisition of an Australian mining company will help Quadra Mining Ltd. (TSX:QUA) diversify its base, increase its copper production by 50 per cent and lower its average cost per pound, the company’s chief executive said Thursday.
“In time we believe that the market will recognize the reduced risk profile,” Quadra president and CEO Paul Blythe [...]

Appeals court upholds $4 million verdict against drilling company

February 10th, 2007

The Colorado Court of Appeals on Thursday upheld a $4 million jury award to a western Colorado sheep rancher who argued a natural-gas drilling company had not paid him all the royalties he was due over several years.
Tulsa, Okla.-based Williams Production Co. had appealed the August 2004 verdict, arguing that evidence was improperly excluded and [...]

Seadrill takes delivery of the deepwater drilling rig West Aquarius

January 16th, 2009

Seadrill took delivery of the new deepwater semi-submersible drilling rig West Aquarius from the DSME shipyard in South Korea. The unit will leave Korean waters in a few days after completing some general mobilization activities, en route to its first drilling assignment in Indonesia. Start-up of operations is expected mid February. West Aquarius has a [...]

Actelis Unveils ML 640 Carrier Ethernet Over Copper Switch, Creating an Intelligent Ethernet Access Edge

February 22nd, 2007

Actelis Networks® Inc., the global leader in Carrier Ethernet over Copper(TM) access technology, announced the ML 640 which is the latest innovation in their Carrier Ethernet over Copper access portfolio. The ML 640 enables service providers to create an intelligent Ethernet access edge with sophisticated bandwidth control, traffic management and quality of services features.
Like all [...]