Rupert Resources (TSX VENTURE:RUP – News) is pleased to announce that drilling has resumed on the Gold Centre property in Red Lake Ontario following a four week summer break.
The third daughter hole was completed prior to the break at a depth of 2,737 metres and the last 135 metres encountered Balmer Volcanic Assemblage. Assay results [...]
Eskom has increased the coal stockpiles at power stations to an average of thirteen days, the utility said on Saturday.
Spokesperson and chief generation officer, Brian Dames, said of the five power stations with the lowest stockpile-days only one remained below the desired level.
Eskom announced that it aimed to secure 45 million tons of coal over [...]
Uranium Hunter Corporation announce a Geiger-counter reading of 1253 cps at Ruhuhu Target 4, the highest single reading thus far. The reading, taken as part of the traversing phase of the ongoing advanced field program, was recorded 145 m due east from the base line of the trend anomaly.
This reading serves as the latest mark [...]
Italian gas company Eni signed new gas and oil contracts with Libya that run until 2047.
The six exploration and production sharing contracts with the Libyan state-owned National Oil Company will help Eni increase production in Libya and ensure greater energy security for Italy, Eni said in a statement.
The new oil contract expires in 2042 [...]
Gossan Resources Limited has been advised by Marathon PGM Corporation (“Marathon”), that it has expended in excess of $3 million on the Bird River Project and that Marathon will trigger formation of a 50:50 joint venture on the Project by making a further $400,000 cash payment to Gossan.
Marathon also advised that it has acquired the [...]
The investigation continues today in to the death of two miners in a southern West Virginia coal mine. Brooks Run Mining Company says a preliminary investigation shows a roof fall at its Cucumber Mine on Saturday was localized to the area where the two men were working. Killed in the accident were 48-year-old James D. [...]
Mines Management Inc. report that the public comment period for the re-permitting process for the Company’s Montanore Silver-Copper Project concluded on June 29, 2009. The 120-day period began upon completion of the Draft Environmental Impact Statement (“EIS”), and allowed the public to review the Draft EIS and provide comments to the governmental agencies overseeing the [...]
Technip and Subsea 7 said that they have agreed to dissolve their joint venture, Technip Subsea 7 Asia Pacific (TS7), once all its existing projects and tendered work have been completed.
Technip and Subsea 7 worked together on significant projects in the Asia Pacific region for several years. In 2006, TS7 was formed to provide [...]
Bridge Resources Corp. on behalf of Bridge North Sea (Central) Limited; BFW Drilling Limited; and Lariat Energy Limited announces that the North Piper 15/11b-6 exploratory well drilled into the Piper Sands at 7022 feet this morning U.K. time. The sands were encountered 60 feet high to prognosis but were found to be water-bearing and the [...]
Royal Standard Minerals Inc., RSM has acquired a 100% interest in a surface mine coal project in Wolfe County, Kentucky. This transaction closed on July 28, 2008. The transaction cost was $431,000 to include $250,000 to acquire the project and $181,000 reclamation bond to cover the state of Kentucky reclamation requirements for this property. The [...]