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Random News from Mining Top News

Northern Shield Resources Defines Gold Anomaly at its Faint Hope Property in northern Ontario

Northern Shield Resources Inc. an innovative, results-driven Canadian company focused on Platinum Group Element (PGE) exploration in Ontario announce the completion of a soil sampling survey over its 100% owned Faint Hope property north of Cochrane, Ontario, which is being explored for Homestake-style gold mineralization. The property, which consists of 6 contiguous claims, covers what [...]

Tag: citric mining, salt leach for gold

Pyramid Petroleum Announces Resumes Operations at Gulf of Mexico Offshore Facilities and Operational Updates

Pyramid Petroleum Inc. announced that after being shut down due to Hurricane Gustav, the Company has successfully completed its safety survey and has found that no material damage has been reported to its facilities in the Gulf of Mexico. Production has resumed on the High Island platforms; however, the Green Canyon platforms are waiting for [...]

Tag: pyramids petroleum inc

Cloudbreak Receives Drill Permits on Dowd Lake Coal Property

Cloudbreak Resources Ltd. announces that permits to drill up to 40 coal exploration test holes at their “Dowd Lake Coal Property” near the town of La Ronge, in Central Saskatchewan have been approved and granted by the Saskatchewan Ministry of Environment. The “Dowd Lake Coal Property” is comprised of a total of 96 Coal Prospecting [...]

Tag: coal mining at smith lake, smith lake coal mining

Federal government releases map of proposed Western energy corridors

The federal government on Friday released a map of proposed Western energy corridors where new electricity transmission lines and pipelines for natural gas, oil and hydrogen could one day ferry energy from wells or power plants to the region’s cities.
The corridors cross 11 states and cover thousands of miles, stretching from Washington to Wyoming and [...]

U.S. Firm to Buy Canadian Mining Companies

Phelps Dodge Corp. is buying Canadian mining companies Inco Ltd. and Falconbridge Ltd. for about $40 billion in a bet that global demand will continue to be strong enough to support surging metals prices.
The deal could resolve what had been a four-way bidding war and would create a dominant copper and nickel producer in the [...]

Tag: canadian mining news, top lead mining company publicly traded, ramiro g peru

EnCana discovers small natural gas leak at well site near Dawson Creek, B.C.

Shortly after noon today, a contract worker discovered a small natural gas leak at an EnCana Corporation well site south of Dawson Creek, B.C. EnCana immediately initiated emergency response procedures and operations engineers are working to stop the leak.
The volume of natural gas leaking from the well is very small and does not present a [...]

Semafo Announces Record Gold Production for November

SEMAFO reported that the Company produced a record 21,000 ounces of gold during the month of November, 2008. The Mana mine produced a record 11,000 ounces of gold during the month, representing a 10% increase over the previous month. Production from the Samira Hill and Kiniero mines totaled 6,400 and 3,600 ounces of gold respectively.
“The [...]

Canadian Solar IPO raises $115.5 mln

China’s Canadian Solar Inc., which makes solar modules that convert sunlight into electricity, on Wednesday raised $115.5 million with an initial public offering that priced at the top of a forecast range, according to an underwriter.
The 7.7 million share offering, which represents about a 28 percent stake in the company, sold for $15 per share [...]

Gas companies are big spenders on anti-coal ads

Masquerading as activists battling coal plants, Big Gas is squaring off against Big Coal in a polished campaign run by a Hollywood ad agency.
Natural gas companies, calling themselves the Texas Clean Sky Coalition, have been fighting coal plant proposals with full-page advertisements in the state’s major daily newspapers.
Utilities have proposed at least 17 new coal-fired [...]

Easter Regional Coal Production Down 14 Million Tons, Executive Says

A string of recent mine closures has cut at least 14 million tons of production from eastern coal mines, an executive with Pittsburgh-based Consol Energy said Thursday.
But the cutbacks represent a relative drop in the bucket for the coal industry. Mines east of the Mississippi River produced more than 493 million tons of coal in [...]