No posts found. Try a different search?

Random News from Mining Top News

Essar wins licence for Bailadila iron ore deposits

India’s leading steel-maker Essar Steel has won the prospecting licence for Chhattisgarh’s Bailadila deposits, which has one of the world’s finest quality iron ore stocks. This happened after a state-run firm’s lease expired unutilised.
The central government has approved the Chhattisgarh government’s proposal to award the prospecting license to Essar Steel for a 2,285-hectare stretch in [...]

Tag: bailadila sale

Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

Dana Resources, a US-based precious metals exploration and development company, is pleased to announce it is meeting with joint venture candidates about Dana Resources’ base metals projects. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions.
Dana Resources owns two advanced staged base metal projects, Las Horquetas and Turmalina. [...]

Tag: evaluating joint venture, investments zu dana resources, evaluating venture opportunities, metalsa dana, oil joint ventures peru roumors

Zambia tops regional mine projects

Zambia has emerged with the biggest number of pre-selected projects due to mining investors presentation at the Mines 2006 indaba it hosts this month, The Post reported Tuesday.
Mines 2006 is an initiative stemming from a 1994 agreement between the European Union (EU) and the Southern African Development Community (SADC) countries to promote investment in the [...]

Tag: lastest mine projects in malawi

Ship With Chemicals, Nickel May Sink in Channel

A container ship carrying chemicals, nickel and other goods was in danger of sinking in the English Channel after being abandoned by its crew in storm conditions.
The MSC Napoli, carrying 2,400 containers, including pesticides and insecticides, lost power as it was buffeted by 80-kilometer-an-hour winds and waves of up to six meters (19.7 feet), the [...]

Matra subsidiary signs drilling rig contract

Matra’s wholly owned subsidiary ”OOO” Arkhangelovskoe has signed a contract with locally based drilling contractor ”OOO” OBK (Orenburg Drilling Company) for its rig 3D to drill the Sokolovskaya prospect on its exploration license.
Site construction and preparation works are due to begin shortly and the well is scheduled to spud in late July. The well is [...]

Edge Petroleum Adds Wells to Previously Announced Acquisition; Raises Value of Deal to $385M

Independent energy company Edge Petroleum Corp. on Tuesday said it would acquire additional wells in southeast and south Texas for $65 million as part of a previously announced transaction with a private seller.
The extra wells would bring the total value of the deal to $385 million from $320 million and raise Edge Petroleum’s net well [...]

New nickel projects behind schedule and way over budget

The comments reported here a month ago from Vanessa Davidson pointing to the unreliability of production targets being met for new High Pressure Acid Leach (HPAL) nickel laterite processing plants in the article Medium term outlook for nickel: supply increases may outstrip demand growth but ”¦ was borne out in spades in this past week [...]

Exploration Puma Purchase of Three Lots Over the Former Shaft Mine at the Nicholas-Denys Project

Puma Exploration Inc. has just bought the three private properties covering the site of the former mine facilities at its Nicholas-Denys project in New Brunswick. In fact, the Company has acquired three private lots with a total area of 14.6 hectares which also include the Shaft lens and the northern portion of the Hache lens. [...]

Tag: puma drilling exploration oil, puma mining equipment

Pele Mountain Signs Agreement With the City of Elliot Lake for Surface Rights at Eco Ridge Mine Project

Pele Mountain Resources Inc. announced the signing of a 21-year lease agreement (the “Lease”) between Pele’s wholly-owned subsidiary, First Canadian Uranium Inc. (“First Canadian”), and the City of Elliot Lake (the “City”) in respect of surface rights to key mining claims owned by First Canadian at its Eco Ridge Mine Uranium Project in Northern Ontario. [...]

Tag: uranium city sask pictures, uranium city pictures, hooper mining, magnetite env impacts, environmental impact of mining magnetite

Deep Well Progress Report on Continuing Drill Program

Deep Well Oil & Gas, Inc. and its subsidiaries announce that it has drilled five and is currently drilling the sixth well of the planned program.
The drill program is meeting the objectives set out by Deep Well. Since the spudding of the well at location 12-14-092-13W5 on December 4, 2008, it has drilled four more [...]

Tag: drilling progress report