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Random News from Mining Top News

Mantis to Undertake Diamond drilling at the Rottenstone Project this fall to locate extension of former high-grade deposit

Mantis Mineral Corp. announce that a compilation of both historical and current data pertaining to the Rottenstone project has been completed and has delineated 12-high priority areas targeting magmatic nickel-PGE, some of which may relate to the much anticipated larger extension of the Rottenstone deposit.
Dr. Larry Hulbert former geologist with the Geological Survey of Canada, [...]

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Rooster Petroleum, LLC Commences Drilling at Eugene Island Block 28

Rooster Petroleum, LLC, is pleased to announce the commencement of drilling of the Rooster #A-3 Well. It is the first well to be drilled by the Company on Eugene Island Block 28. The planned total vertical depth of the well is 12,500 ft and is expected to take 30-40 days to drill and complete. The [...]

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Venture to bring 150 bcf of gas on stream under NSea drilling plan

It will also target 300 bcf of additional gas initially in place through four or five \”relatively low risk\” exploration wells.
Venture started the drilling programme after securing a long-term rig contract with Noble Corp.
\”Given delays with previous operators and the tight market for drilling equipment, we have had to wait several months longer than anticipated [...]

Firm plans new coal power station

RWE Npower is proposing a £2bn plant on the site of the former Blyth Power Station – which was demolished four years ago.
The firm, which has submitted limited plans to the government, says the new station would be cleaner and could create more than 150 jobs.
However, Blyth Valley Council has said the proposal does not [...]

Labrador Iron Mines Stock Symbol Change to ‘LIM’

Labrador Iron Mines Holdings Limited announces that the Company’s stock symbol on the Toronto Stock Exchange will be changed to “LIM” effective the start of trading on May 6, 2009.
At the time of the Company’s initial public offering in December 2007, the “LIM” trading symbol was not available. This new symbol, as identified in the [...]

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Parallel Petroleum Chief Financial Officer Steven D. Foster Sells 10,863 Shares

The chief financial officer of oil and natural gas producer Parallel Petroleum Corp. sold 10,863 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Steven D. Foster reported he sold the shares Friday for $17.65.

Imperial’s Sarnia refinery to reduce SO2 emissions by more than 50 percent

Imperial Oil announced it will construct a Tail Gas Clean-Up unit at its Sarnia refinery to increase sulphur product recovery and reduce the site’s SO2 emissions. The unit will involve an investment of over $100-million and is expected to take approximately 16 months to build.
The new Tail Gas Clean-Up unit uses ExxonMobil Flexsorb(R) technology, a [...]

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Uranium City Resources Retains Services of Windward Agency

Uranium City Resources (TSX-V: UCR) (“UCR”), a junior uranium exploration company with significant property holdings in the past producing Beaverlodge / Uranium City Mining District in north-west Saskatchewan, is pleased to announce that effective May 19, 2007 and subject to regulatory approval, it has retained the services of The Windward Agency, of Charlotte, North Carolina. [...]

SUAL’s SUBR unit aims to boost bauxite output to 4.2 mln tonnes by 2013

Sevuralboksitruda (SUBR), a bauxite mining division of the SUAL Group (RTS: SUAL), plans to increase annual production to 4.2 million tonnes of bauxite by 2013 from an expected 3.2 million tonnes this year.
The investment department of SUAL Holding [...]

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Vault Minerals expands Goldbanks property in the Kirkland Lake Gold Camp

VAULT MINERALS INC announces that it has entered into option agreements to acquire two strategic claim units, contiguous to its Goldbanks property in the Kirkland Lake gold camp, Ontario.
As previously announced, the Goldbanks property is situated in western Teck Township, 800 m west of the high-grade Macassa mine, which is currently operated by Kirkland Lake [...]