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Random News from Mining Top News

Demolition of mine collapse homes

Work to demolish bungalows close to an exposed mine shaft in Cumbria was beginning on Monday.
Householders had to flee their homes in Egremont when a former iron ore mine caved in a year ago.
Last week Copeland Borough Council granted permission for the properties to be bulldozed to allow engineers to cap the shaft and make [...]

Seaoil, Flying V to hike prices by 50 centavos a liter

Seaoil Petroleum Corp. and Flying V will increase the prices of their diesel, gasoline and kerosene products by 50 centavos a liter at 12:01 a.m. on Monday, a GMA Network Flash Report said Sunday evening.
First to raise prices was Chevron Philippines Inc. at 12:01 a.m. on Saturday, followed by industry leader Petron Corp. Saturday noon.
Total [...]

Water reinjection plan gets nod

The Montana Board of Oil and Gas Conservation on Thursday approved two injection wells for a Wyoming-based company that proposes pumping groundwater produced by coal-bed methane drilling back into the ground.
Pinnacle Gas Resources Inc. initially sought permits for four injection wells but said one well got delayed because of weather and, for the time being, [...]

Dejour Successful in NE British Columbia Montney Land Sale Purchase

Dejour Energy (Alberta) Ltd. is in its third month of production from its first four well gas wells in Peace River Arch NE British Columbia. Work continues on the production tie in of six additional wells completed during last winter’s drilling activities. Plans for additional development during the 2008/09 winter season are well advanced.
Dejour announces [...]

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Adriana Closes $10 Millon Financing

Adriana Resources Inc. announces the closing of an unsecured convertible debenture in the amount of $10,000,000 (the “Debenture”). The Debenture has a three-year term and bears interest at 7% per annum. The principal amount of the Debenture is convertible into common shares of the Company at a conversion price of $0.90 per share if exercised [...]

Stoneham Drilling Trust Announces Cash Distribution for February 2007

Stoneham Drilling Trust announced that its cash distribution for the period from February 1, 2007 to February 28, 2007 will be $0.15 per trust unit ($1.80 per annum). The distribution will be paid on March 15, 2007 to unitholders of record on February 28, 2007.
Stoneham Drilling Trust is an income trust that provides contract drilling [...]

SDRL – Seadrill secures new long-term tender rig contract in West-Africa

Seadrill has been awarded a new contract by Cabinda Gulf Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is currently under construction. The contract has a duration of five years with commencement in the first quarter 2010, subsequent to delivery from the yard. Estimated contract value [...]

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Denbury Exercises Option to Acquire Hastings Field

Denbury Resources Inc., announced that it has exercised its option to purchase from a subsidiary of Venoco, Inc. the Hastings Field near Houston, Texas, a potential tertiary oil field to be supplied by the Green Pipeline which is underway. The purchase price is to be determined by mutual agreement between the two companies, or failing [...]

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Hochschild Mining raises stake in Lake Shore Gold to 40 percent

Hochschild Mining Plc. increased its stake in Canadian gold producer Lake Shore Gold Corp. to 40 percent after buying 11.8 million shares from a subsidiary of FNX Mining Co. Inc.
The shares were acquired for C$1.82 per share or a total of C$21.4 million in cash.
In February, the FTSE-250 precious metals producer, which had focused on [...]

Colorado Goldfields Earns Validation of Clean Water Technology at Gold King Mine

Colorado Goldfields Inc. in conjunction with Blue Sky Water Technologies, Inc., of Folsom, California, has proven its ability to treat water issues at its Gold King Mine.
Results from Alpha Analytical, a nationally certified third-party testing laboratory in Sparks, Nevada, showed that Blue Sky’s technology removed five of the EPA’s “contaminants of concern.” Cadmium, copper, manganese, [...]

Tag: gold king mining equipment, clean water miner equipment, clean phosphate mining technology, mining equipment third party testing sparks nevada, debbie cokes colorado