The Board of Mustang Minerals Corp. announce an agreement to explore the East Bull Lake Project, 80km west of Sudbury in Ontario, Canada.
Western Areas can earn a 65% interest in the project from Mustang Minerals by funding up to C$4.5M in two stages over five years. The project includes net smelter royalty interests. The main [...]

BacTech Mining Corporation announced that it has signed a Memorandum of Understanding with Gold Bullion Development Corp. of Cobalt, Ontario. The basis of the agreement entails BacTech investigating the use of its proprietary bioleaching technology to treat certain tailings in the Cobalt Camp in northeastern Ontario for the recovery of cobalt and silver. In addition, [...]

From President George W. Bush’s push to ramp up the country’s nuclear industry to Asia’s growing uranium demand to the catastrophic disaster at Cigar Lake, yellowcake has seen an extremely bullish year. And analysts are calling for an even better year in 2007.
Uranium began the year at about $36.25/lb. Today’s weekly price is $72.00/lb, showing [...]

Three East Coast companies representing investors who loaned nearly $20 million to help develop the Bull Mountain coal mine near Roundup have filed suit claiming mine owners defaulted on the loan.
The suit names Bull Mountain Coal Properties Inc. and five companies affiliated with Airlie Opportunity Fund Cayman LTD, of Greenwich, Conn.
The action was filed Friday [...]

Prospects are excellent for North Dakota to take advantage of new, commercial coal gasification technology they saw operating in Europe, according to North Dakota Agriculture Commissioner Roger Johnson and Attorney General Wayne Stenehjem after returning from a trip to Europe on a fact finding visit.
“We saw advanced coal gasification plants with a strong track record [...]