No posts found. Try a different search?

Random News from Mining Top News

Pan African Mining Corp. Receives Additional $1.09 Million From Exercise of Warrants

PAN AFRICAN MINING CORP. announces the receipt of CAD $1,091,000 in aggregate proceeds from the exercise of 545,500 Share Purchase Warrants during the period from February 21, 2007 to date. Included were One-Half Share Purchase Warrants exercisable at CAD $2.00 which comprised part of the Units which were issued in connection with the Company’s Private [...]

CEO of Russia’s TNK-BP Questioned in Tax Case

The American chief executive of Russian oil producer TNK-BP was called in for questioning as part of a criminal investigation into possible large-scale tax evasion, according to the company.
The pressure on Robert Dudley comes as the company’s Russian shareholders battle British oil major BP PLC for control of the joint venture, Russia’s third-largest oil producer.
TNK-BP [...]

Prom Resources, Inc. Announces a Number of Gold Shipments Ready to Refine

Prom Resources, Inc. announce that we have a number of shipments ready to refine. As gold continues to trend forward the company will benefit from its inventories.
“The Gold markets are at great level, and we anticipate strong sales and business developments,” said President of the Company, Dror Moradov.
For further information please visit our website at [...]

Mining Equipment Companies Rise on Earnings and M&A News

Share of mining equipment companies got a boost Monday on news that one member of the group had quarterly results that easily beat Wall Street predictions and another said it will acquire an underground coal mining equipment business.
Joy Global Inc. announced before the market opened that its fiscal fourth-quarter profit jumped 52 percent on overseas [...]

Tag: how is dysprosium mined, value of a yellow jacket consolidated gold mines ltd stock

Mineral production up 4.31% for April 2006 (India)

Mineral production from mining and quarrying sector in April 2006 increased 4.31 per cent at Rs 6,251 crore, as compared to the corresponding month in the previous year, with coal contributing 41 per cent to the total revenues.
Coal contributed 41 per cent to the total revenue generated at Rs 2,560 crore. Petroleum (crude) at Rs [...]

Indonesian lawmakers pass new mining law

Indonesian lawmakers passed a new mining law Tuesday that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations.
Indonesia has some of the most abundant reserves of coal, copper, gold, tin and nickel and in the world has lured mining giants like Newmont Mining Corporation, [...]

Tag: ntpc indonesian coal churchill, trinity coal partners 2009, churchill mining, mining association, ntpc coal churchill

Guinea opposition sceptical on new government

Guinea’s unions on Thursday welcomed the creation of a new government after weeks of violent unrest but the opposition was sceptical that it heralded a new dawn for Africa’s most corrupt country.
On Wednesday Prime Minister Lansana Kouyate named a government containing no minister from the previous administration and composed mostly of unknown technocrats aligned to [...]

Offshore drilling bill moves forward in Senate

A bill to open waters in the Gulf of Mexico off Florida to oil and natural gas drilling easily cleared a procedural hurdle on Wednesday that paves the way for the U.S. Senate to vote on the measure in coming days.
But Senate Republican leaders said they would oppose a push by Democrats to widen debate [...]

BacTech Seeks Government Funding for Bioleach Plant to Neutralize Toxic Arsenic Tailings in Cobalt, Ontario

BacTech Mining Corporation has applied for $10 million in government funding to build a pilot bioleach plant in the Cobalt area of Northern Ontario to neutralize the arsenic-laden tailings dumped there in the early 1900s. High grade silver was discovered in the Cobalt area in 1903, which led to a Klondike-like rush. Between 1903 and [...]

Tag: bioleaching rare earth ore, gov mining tailing cleanup funds, rare earth metals and bioleaching, arsenic cleanup in cobalt ontario, uranium tailings bioleaching

Areva, Technip in JV to build uranium mines

A statement released by Australia’s Areva SA which is the world’s leading nuclear-plant builder revealed that the company is planning to double uranium production in five years, Bloomberg reported.
The statement further revealed that the company will form a joint venture with Technip SA that will invest $4.7 billion in mining. Technip and Areva will create [...]

Tag: sgn technip uranium, tsu projects jointventure technip sgn, technip mines, tsu technip, areva tsu projects