No posts found. Try a different search?

Random News from Mining Top News

Singapore Petroleum Q2 net up, sees softer demand

Oil and gas refining and marketing firm Singapore Petroleum Co. Ltd. (SPC) posted a 33.5 percent jump in second-quarter net profit on Wednesday but warned that demand for refined products may soften.
The company said it would shut a cracker complex for maintenance from September to October, resulting in a drop in its refinery’s throughput.
SPC, 49-percent [...]

Sao Luis Mining Announces Plan to Become Fully Reporting Company

Sao Luis Mining, Inc., a diamond mining and precious metals exploration company, has announced today that it has initiated the process to become a fully reporting company under U.S. Securities and Exchange Commission (SEC) regulations. Presently Sao Luis Mining is a non-reporting company trading on the U.S. over-the-counter (OTC) Pink Sheets as well as on [...]

Shares of Coal Miners Cool After Midweek Rally on Hints of Stronger Demand

Shares of coal mining companies cooled Friday after favorable economic data boosted investor confidence and hints of heightened demand this fall boosted the stocks in a midweek rally.
Shares of Peabody Energy Corp. gained $3.15, or 7.1 percent, to $47.83 between the closing bells and Tuesday and Wednesday. Shares of Arch Coal Inc. added $1.72, or [...]

Selwyn Resources Ltd.: Drilling in Don Valley Further Demonstrates Mineral Potential

Selwyn Resources Ltd. updates shareholders on its 2008 exploration activities. The 2008 drilling program is now complete with 3,857 metres drilled in 13 drill holes. The discovery of high-grade mineralization in the XY West Zone and success in the deep drilling in the Don East deposit are the highlights of the program. The later has [...]

Tag: where are the metal resources in saskatchewan metal resources

Royal Gold makes $20.5M purchase

Royal Gold Inc. has purchased a net smelter return sliding-scale royalty for $20.5 million on Barrick Gold Corp.’s Pascua Lama project on the border between Argentina and Chile, Royal Gold said Wednesday.
Denver-based Royal Gold said the royalty will range from 0.16 percent to 1.08 percent depending on the average price of gold during the quarter. [...]

Great Plains Energy Just Warming Up

Great Plains Energy, formerly Kansas City Power & Light electric utility, weathered a white elephant nuclear power plant built in the surplus years of the 70’s and 80’s, increased regulation after the Three Mile Island accident and a recent battle against a hostile takeover.
GXP InvestmentIn 2003, KCP&L got new management, a new name [...]

MIS Reports Record Number of 10 Rigs at its Yard

UAE-based Maritime Industrial Services Co. Ltd. Inc. reports the award of several recent rig refurbishment projects worth over US$25mn thus bringing to ten the total number of rigs currently at MIS’ yard, five in refurbishment projects and the five new-build offshore jack-up drilling rigs currently under contract. This is the largest number of rigs MIS [...]

Tag: mis rig metals

Nevada Copper-Intersects 773 Feet of 1.03% Copper in the Open Pittable North Deposit

Nevada Copper Corp. announce very significant high grade drilling results from the Company’s current 40,000 meter drill program, at its 100% owned Pumpkin Hollow Copper Development Property located in Nevada. Drilling continues to define continuity, thickness and expand the high grade copper mineralization. Specifically, following are the latest drilling results from the North Deposit.
Drill hole [...]

Hinterland Options 1661ha Ballarat Property in White River Gold Play, Yukon

Hinterland Metals Inc. announce that it has signed an option agreement to acquire a 100% interest in the 12 claim Ballarat property located approximately 15km to the south of the Golden Saddle zone where Underworld Resources Inc. recently reported notable gold values in drill intersections. Under the terms of the option, Hinterland has agreed to [...]

Tag: yukon gold play white river, yukon placer gold claims sale, white river gold yukon, placer mines for sale in cariboo b c, white river yukon gold properties

Polaris Geothermal Signs Well Drilling Contracts

Polaris Geothermal Inc., a renewable energy geothermal power producer, is pleased to announce that its subsidiary, Polaris Energy Nicaragua (“PENSA”), has entered into well drilling contracts for the drilling of production and re-injection wells to triple its generation capacity at the San Jacinto geothermal field in Nicaragua.
The first of the contracts was entered into with [...]

Tag: petro amer corp