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Random News from Mining Top News

Augyva Mining Resources Inc. Signs Agreement With Canadian Century Iron Ore Corporation to Finance Exploration and Development of the Duncan Lake Iron Property

AUGYVA MINING RESOURCES INC. is pleased to announce the signing of an option and joint venture agreement (the “Agreement”) with Canadian Century Iron Ore Corporation (“Century”) defining the terms to allow Century to earn up to a 65% interest in the Company’s Duncan Lake Iron Property (“Duncan” or the “Property” or the “Project”) by funding [...]

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Foothills Resources, Inc. Starts 3D Seismic Program in California

Foothills Resources, Inc. announced that it had commenced the acquisition of a 3D seismic survey over the Grizzly Bluff natural gas field in the Eel River Basin, Humboldt County, California.
Data acquisition started on January 9th and is expected to be completed in approximately ten days. An area of about 13 square miles is being [...]

Queensland Gas Shareholders Back AGL, Spurn Rival Bid

Queensland Gas Co. shareholders approved AGL Energy Ltd.’s purchase of a stake in the Australian coal seam gas producer for A$324 million ($254 million), spurning a rival bid from a Societe Generale Asset Management unit.
AGL’s proposal, which includes a 20-year contract to buy fuel from the Brisbane-based company, was backed by more than 75 [...]

ViaLogy Technology Delivers Large Oil Find

ViaLogy announces that its QuantumRD(TM) oil exploration technology and service has been credited with locating a major new oil deposit on the Galba Prospect in South Central Texas. The success marks the operational and commercial validation of the company’s software-based seismic interpretation service for oil and gas reservoir discovery and characterization. The technology accurately predicted [...]

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Yale Options Out the Urique Project to American Sierra

Yale Resources Ltd. report that it has signed a definitive agreement with American Sierra Gold Corp., a private U.S. company, for the option of Yale’s wholly owned Urique Project located in southwestern Chihuahua State, Mexico.
The option will allow American Sierra to earn up to a 100% interest in the Urique Project. American Sierra can initially [...]

Tag: american sierra, american sierra gold corp goldcorp

China oil refinery threatens Costa Rica environment: groups

An oil refinery would jeopardize Costa Rica’s environment as planned by a Chinese company known as a polluter, environmental groups said Saturday.
Oilwatch Mesoamerica and other groups warned that recent agreements between China and Costa Rica included a refinery built by China Petroleum Corporation.
“We are studying the history of this company, which has little concern [...]

Russell Industries Becomes National Algae Association Member

Russell Industries, Inc. announces that, in order to complement its uranium-based long-term alternative energy efforts with a shorter-term, totally renewable alternative fuel source, it has become a member of The National Algae Association. The National Algae Association has appointed Rick Berman, President and CEO of Russell Industries, as a member of its Advisory Board and [...]

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Russia’s Antitrust Regulator Said to Clear Deal Creating World’s Biggest Aluminum Maker

Russian regulators have tentatively cleared a three-way deal that would create the world’s biggest aluminum producer, the Federal Antimonopoly Service and the buyer said Wednesday.
Under terms of the deal, OAO Rusal, Russia’s biggest aluminum producer, will absorb rival Sual as well as the aluminum assets of Swiss-based commodities trader Glencore, creating a global giant with [...]

Friendly Energy Acquires Ten Natural Gas Drilling Sites, Options Forty Additional Sites

Friendly Energy Exploration. announces that it has acquired ten natural gas drilling sites and optioned forty additional sites located in the Molly Murphy Gas Field, Crockett County, Texas.
The company will be targeting the Wolfcamp Sand structure, which is determined to be located near the 5500-foot depth zone. Based upon production figures of wells in the [...]

Report condemns Philippines mining

”˜Mining in the Philippines – Concerns and Conflicts’ Fact Finding Mission to the Philippines Report
Former British Minster for International Development, Clare Short MP, will launch a report, critical of destructive mining practices in the Philippines, at 11am in the Jubilee Room, Westminster Hall, London, on 25th January 2007. A simultaneous launch will be held in [...]

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