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Random News from Mining Top News

A Milestone for U.S. Precious Metals

September 2nd, 2008

U.S. Precious Metals, Inc. CEO and Chairman of the Board, M. Jack Kugler, announced today that the Environmental Impact Statement submitted in late May 2008 to the Semarnat, Mexico’s agency for regulating the mining industry, has been approved. The approval gives USPR the right to mine and process mineralized material on our concession in La [...]

Boone hosts mine rescue contest

June 10th, 2006

Fitted with breathing equipment, gas detectors and mining helmets, dozens of coal miners gathered at the Boone County Civic Center in Madison on Thursday.
Teams of a half dozen miners erected wood frames and hung plastic barriers on the wooden gym floor. When they reached certain rooms, labeled with white cards taped to the gym floor, [...]

Mega Uranium Grants Options to Directors and Officers

January 17th, 2007

Mega Uranium Ltd. wishes to announce that it has granted a total of 2,125,000 options to certain directors, officers and consultants of Mega. The options are exercisable at $6.46 per share and are for a term of five years.
Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in [...]

Oil companies discuss energy challenges

February 10th, 2007

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]

Trans Energy acquires wells and acreage, begins work-over program

October 31st, 2006

Trans Energy, Inc. completed the acquisition of the J.B. Dewhurst oil and gas lease on September 28, 2006, consisting of a 100% working interest and 87.5% net revenue interest in seven wells located on 2,200 acres in Grant District, Wetzel County, West Virginia. Trans Energy is scheduled to begin a work-over program on the seven [...]

Gold trades below six-week highs, trapped in range

July 14th, 2006

Gold eased to trade around $650 an ounce on Thursday after a failed attempt to breach six-week highs, with the metal trapped by bargain-hunters and profit-takers in the absence of clear market direction.
But prices remained higher from the previous close in the U.S. market as high oil prices, increased tension in the Middle East and [...]

U.S. Mine Makers Pilot Ore Processing Plant Currently Under Construction

July 30th, 2008

U.S. Mine Makers, Inc. is pleased to provide an operational update for USMM investors regarding the company’s recent ore processing activities including research, testing and processing production plans.
For the past several months the company’s metallurgists, chemists and engineers have been actively engaged in gold and platinum group metals (PGM) recovery at a pilot recovery and [...]

Bayswater Discovers Uranium at North Thelon Basin Project

July 29th, 2008

Bayswater Uranium Corporation is pleased to report the discovery of uranium at its North Thelon Project in Nunavut, Canada. The uranium mineralization was found in outcrop and boulders at the Company’s Itza claim block. The new discovery was made during follow-up exploration of a radiometric anomaly in the western portion of the Itza property.
Uranium mineralization [...]

HNLMF: Announces Acquisition of Claims Near Otish Basin in Quebec

January 10th, 2007

Hinterland Metals Inc. (HNLMF) has acquired 112 mineral claims in a property that covers the southwest margins of the Paskwati Proterozoic sedimentary basin. It is an outlier located 45km southwest of the main Otish basin in Quebec. The Otish basin is being actively explored most notably at the Matoush Project where Strateco Resources Inc. has [...]

Sims Joint Venture Acquires Silver Dollar Recycling

September 16th, 2008

Sims Group Limited (Sims) announced today that SA Recycling – a joint venture between Sims and Adams Steel operating in Southern California, Arizona and Nevada – has acquired a 70% interest in Silver Dollar Recycling, Las Vegas, Nevada.
Silver Dollar Recycling operates a shredder and has a leading position in Las Vegas.
The financial terms of the [...]