Atna Receives Approval for Development of Reward Gold Mine

Atna Resources Ltd. announce that the US Bureau of Land Management has signed the Record of Decision and Finding of No Significant Impact to approve development of the Reward Gold Project located near Beatty, Nevada. “This decision is a major milestone and a positive outcome for the development of Reward. We look forward to breaking ground on the project and have initiated discussions with various... 

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Franklin Resumes Phase I Operations at Bolivia’s Escala Mine Joint-Venture

Franklin Mining, Inc. CEO William Petty said the company has received funding necessary to resume operations at the Escala Mine effective May 1, 2009. Phase I operations at Franklin’s Escala Mine joint-venture are set to be underway at the end of this week including the delivery of stockpiled ore for processing at nearby plants. Revenues recorded in 2009’s first quarter will be minimal;... 

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Southwestern Resources Corp.: New Liam Joint Venture Partner

Southwestern Resources Corp. announce that Hochschild Mining plc has acquired Newmont Mining Peru Limited’s direct and indirect 50% interest in the Liam Regional Joint Venture and certain other related assets for total consideration of US$33.3 million cash. As a result of the transaction, Southwestern and Hochschild will be 50/50 partners in the Liam Joint Venture. Pursuant to the terms of the... 

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Mindoro Resources Ltd.: Update From Agata Nickel Laterite Project

Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite horizon. Haul road design and environmental... 

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China Hopes to Produce 193Mt of Oil and 92Bcm of Natural Gas by 2010

China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10. While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, the gas target represents a 56% jump in natural gas production, necessitating growth... 

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Alternative energy interest surged

After a hearing lasting 15 months and involving dozens of witnesses, the fate of a proposed wind farm that a Vermont-based wind energy company wants to build in northern Lycoming County is in the hands of a county judge. On Monday, Dec. 18, Judge Nancy Butts heard arguments from attorneys representing the company and the county Zoning Hearing Board, which denied the company’s special exception...