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Random News from Mining Top News

Germanischer Lloyd Announces Acquisition in Texas

The world’s oil and gas industry spending is expected to rise to $480 billion in capital expenditures and $340 billion for operations until 2010. In the past years, production of oil and gas has increased considerably. Oil and gas prices are rising, based on the expectation that supplies will continue to diminish while worldwide energy [...]

Tag: germanished lloyd usa, pekka paasivaara, ore deposits

Rimfire and Northgate Commence Drilling at Boulevard, Yukon

Rimfire Minerals Corporation announce that in partnership with Northgate Minerals Corporation drilling has commenced at its new gold discovery on the Boulevard Property. The Boulevard Property is located approximately 135 kilometres south of Dawson City, Yukon. Gold bearing mineralization, including 7.04 g/t gold over 6.0 metres, was discovered in two of three trenches over a [...]

Techsnabexport, Renova to develop uranium deposits in Africa, Asia

Techsnabexport, Russia’s state-run nuclear exporter, said Friday it has signed a cooperation agreement with Renova Group to set up joint ventures as part of a joint investment project to prospect and develop uranium deposits in Africa and Asia.
Russia has been looking to increase its presence on the world nuclear fuel market, but has encountered resistance, [...]

Tag: renova uranium

14 trapped in coal mine blast in northwest china

At least 14 people were today trapped after a gas explosion in a coal mine owned by the armed forces in northwest China, an official said.
The incident occured in a coal mine located at Dianchanggou township in Xinjiang Uygur Autonomous Region after a gas explosion shook the mine, leaving 14 people trapped underground, Huang Guoqiang, [...]

Rio Tinto wants Indonesia nickel mine under old law

A nickel project on Indonesia’s Sulawesi island involving Rio Tinto Ltd/Plc should be agreed under existing mining laws to ensure it is attractive, the CEO of the mining firm said on Monday.
The comments by Tom Albanese highlight concern among mining firms over a draft mining law currently being debated by Indonesia’s parliament which includes plans [...]

Chevron Selects OTI’s EasyFuel as its Petroleum Payment and Automated Fuel Management Solution

On Track Innovations Ltd, (OTI) today announced that Chevron Corporation , has chosen OTI to be the provider of its EasyFuel petroleum payment and automated fuel management system. EasyFuel provides oil companies with the ability to sign long term contracts with fleets, assuring the correct grade and amount of fuel is dispensed into an [...]

Tag: fuelling automation system for mines, chevron loyalty programs

Mining expert for Beaconsfield

Gary Davison, a director with Lightning Nickel and managing director of mining and geotechnical consultant Mining One, has agreed to join the BMJV, which consists of Beaconsfield Gold chief executive Bill Colvin and Allstate administrator Michael Ryan.
It is not clear whether Mr Ryan will remain on the committee as an Allstate representative.
Mr Ryan has been [...]

Royal Petroleum Corp. Announces Forward Stock Split

Royal Petroleum Corporation Board of Directors has approved a forward split of the Company’s stock. Shareholders of record as of April 23, 2007 will receive 5 (five) common shares for every 1 (one) common share held. There will be no change in the par value of the shares. Royal Petroleum shareholders of record will [...]

Government Raises Oil and Gas Price Forecasts

The Energy Department raised its outlook for the average price of a barrel of crude and a gallon of gasoline this year.
The Energy Information Administration’s Short-Term Energy Outlook now say oil will average $127 a barrel this year, up from the $122 a barrel forecast in last month’s report. The EIA expects gasoline to average [...]

Tri-Star Holdings, Inc. Announces Company Has Completed Negotiations With Azrock Mining of Arizona

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company has completed negotiations with Azrock Mining of Arizona to establish operations at the company’s gold mine claims COS 1 and COS 2 in Salome, Arizona. Azrock is now scheduled to begin operations Thursday, October 16 on COS #1. Larry [...]

Tag: larry nunley az, azrocks holdings, azrockholdings, tri star mining, az rock mining arizona