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Random News from Mining Top News

Bayswater Expands Drilling Program at Elkhorn Project, Wyoming

Bayswater Uranium Corporation announce the start of the Phase 4 drilling program at the Company’s 100% owned Elkhorn Project in northeast Wyoming. The Phase 4 program is planned to include about 16,300 feet (4968 m) in 127 resource drill holes and 6500 feet (1981 m) in 37 exploration holes. The main objective of the drilling [...]

Bridge Resources Corp. Completes Acquisition of 50% Interest in Boise Basin Project

Bridge Resources Corp. through its wholly-owned subsidiary Bridge Energy Inc. has completed the acquisition (the “Acquisition”) of the assets of Bridge Energy LLC (the “Vendor”) which comprise a 50% working interest in approximately 100,000 acres located in the Boise Basin of Idaho and Oregon and offers a large number of oil and gas prospects (the [...]

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Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction

Ritchie Bros. is conducting the Company’s first public unreserved auction in Bakersfield, California in 16 years on March 27, 2009 starting at 8:00 a.m. The last multi-million dollar unreserved auction Ritchie Bros. held in Bakersfield was in 1993 when the Company sold over 450 items to more than 500 bidders. The upcoming unreserved auction on [...]

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Tokyo Electric To Increase Oil, LNG, Coal Purchases In FY07

Tokyo Electric Power Co. (9501.TO) will purchase more oil, liquefied natural gas and coal this fiscal year ending March 2008 due to falls in its nuclear power plant operation rates, company president Tsunehisa Katsumata said Friday.
The company plans to buy 17.5 million metric tons of LNG this fiscal year, up 4.2% on year. Of this, [...]

WestCan Uranium Corp Applies for Additional Saskatchewan Coal Permits

WestCan Uranium Corp. announces that the Company has made application for additional coal permits covering a new area of interest, in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting of the permits is dependent upon regulatory requirements to process the applications.
The Company has submitted applications for additional permits in the [...]

Tag: westcan gold, monmouth uranium, sask coal companys, saskatchewan coal mining

Peter Hambro Mining plc – 2006 trading statement

Peter Hambro Mining plc issues this statement as an unaudited update on 2006 trading and in advance of its full year results announcement.
Trading Up-date Highlights for 2006
Ӣ Total attributable gold production increased by 5% to c.261,000 ounces
Ӣ Pokrovskiy Rudnik gold production increased by c.11%
Ӣ Gold recovery rates remained stable, even when treating primary ores, [...]

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Sell-off in oil stocks overdone

SOUTH Australia’s new breed of oil producers have been among the hardest hit in the share market slump of the past two months.
Fast-growing companies Beach Petroleum and Stuart Petroleum had lost more than one-third of value by last week, despite near record highs in the oil price.
Market watchers say the heavy falls have been [...]

Anadarko Announces Sale of Natural Gas Assets in Oklahoma and Texas

Anadarko Petroleum Corporation announced it has agreed to sell its interests in certain natural gas properties in Oklahoma and Texas to EXCO Resources, Inc. for $860 million. The sale is effective Jan. 1, 2007.
“We are very pleased with the progress we have made with our asset sales program and debt reduction. In the [...]

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US: Iran uranium enrichment ‘full steam ahead’

The United States deplored Iran’s race to enrich uranium and confirmed the presence of a second set of centrifuges in the Islamic republic to do the work, a spokesman said.
An
International Atomic Energy Agency document from August 31 “mentioned an installation of a second 164-centrifuge cascade was proceeding, and it was unclear at that point whether [...]

Crude Prices Edge Higher

Oil prices rebounded sharply from a dip below $132 a barrel, ending higher Thursday in another volatile session fueled by a rising dollar and concerns about supplies. Gas prices reached new record at the pump, rising to a national average of $4.06 a gallon, and are likely to keep climbing.
Light, sweet crude for July delivery [...]