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Random News from Mining Top News

China’s Chiping Xinfa Huaya Alumina increases exposure to Australan bauxite

China’s largest independent alumina-aluminum producer, Chiping Xinfa Huayu Alumina Co Ltd, has increased exposure to the Australian bauxite mining industry by acquiring additional 7.5 pct in Cape Alumina Ltd, to take its stake to 17.5 pct, Cape Alumina said.
Xinfa, which acquired the stake from Anegada Metals Corp Ltd for an undisclosed sum, has also acquired [...]

Tag: xinfa huaya co australia, xinfa huaya australia, chiping xinfa china, cape alumina resource capital fund, china bauxite news

Horsehead Corporation Announces Plans to Reduce Zinc Production

Zinc producer Horsehead Corporation, a wholly owned subsidiary of Horsehead Holding Corp., announced that it will reduce operations at its zinc smelter in Monaca, PA, by idling one of its six furnaces at the facility in an effort to improve profitability.
“The steep decline in the price of zinc on the London Metal Exchange over the [...]

Antrim completes drilling at East Causeway

Canadian oil outfit Antrim Energy hit an all time best today as it announced that drilling has been completed on the Antrim-operated East Causeway well, UK North Sea, in which it has a 65.5% interest.
AIM-listed Antrim said the 211/23d-17z well has been cased for production and a testing program is expected to start later this [...]

Anadarko Profit Soars in 2006, but Shares Lag on Debt and Acquisition Concerns

Oil and gas explorer Anadarko Petroleum Corp. enjoyed sizable profits this year, bolstered by higher gasoline prices and blockbuster acquisitions, but its stock lagged because of higher debt.
The Woodlands, Texas-based company, with a market capitalization of $20.07 billion, goes up against larger competitors like BP PLC, ConocoPhillips, and Exxon Mobil Corp. in the exploration, development, [...]

Russell Industries Renews Uranium Unpatented Mining Claims

Russell Industries, Inc., has renewed all 255 of its Unpatented Uranium Mining Claims with the Utah Bureau of Land Management. “The Company feels that regardless of who wins the U.S. Presidential Election, the new administration will focus on evaluating additional sources of energy which will include renewed interest nuclear power plants and reactors. Therefore, it [...]

Tag: russell industries nevada, russell industries news

TerraX Commences Drilling at Needle Gold Property, Nunavut

TerraX Minerals Inc. has begun drilling at the Needle Gold Property in Nunavut, Canada. The Needle Lake property is comprised of two contiguous claims with a total area of 2,090.21 hectares located in Nunavut, approximately 460 kilometres northeast of Yellowknife, 204 km southeast of the Lupin mine owned by Wolfden Resources Inc., and 70 km [...]

Rescue of 9 men from Quecreek coal mine commemorated with historical marker

Four years after the dramatic rescue of nine men trapped deep inside a western Pennsylvania coal mine, the 78-hour saga was commemorated Saturday with the dedication of a historical marker.
The Pennsylvania Historical and Museum Commission and the Quecreek Mine Rescue Foundation unveiled the marker at the site where the miners were pulled to the surface [...]

Capella Drills 261 Metres Grading .91 G/T Gold at Lajitas

Capella Resources Ltd. announce drill results (drill hole LJ-08011) from the Company’s 100% own Lajitas gold project in northern Chile. The core drilling intersected a zone of continuous gold mineralization of 261 meters grading 0.91 grams per tonne (g/t) gold between 90 meters and 351 meters down the hole. Contained within the intersection is 104.7 [...]

Oroya Mining Announces Drilling to Commence at Roe Hills Nickel Project

Oroya Mining announced its farm in and JV partner in the Roe Hills Nickel Project, Vale Inco, a wholly owned subsidiary of Vale, has advised that approx 1,300m of diamond drilling is scheduled to commence on 10 July 2008. The Company reported ground EM (MLEM) has commenced at Roe 1 and north of Talc Lake [...]

Canadian Mining Inherits Significant Infrastructure from Past Producer Penoles

Mr. Ray Paquette CEO is pleased to report the Company has acquired the October 1981 Geological Report written for Penoles on the El Gochico mine now optioned by Canadian Mining. This report has provided the Company with a wealth of historical data and has provided direction for the Company’s exploration program. Penoles is the second [...]