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Random News from Mining Top News

Zion Oil & Gas Signs Drilling Contract

Zion Oil & Gas, Inc. of Dallas, Texas and Caesarea, Israel announced today that it and Aladdin Middle East have signed a drilling contract. Last week, Zion’s Chief Executive Officer, Richard Rinberg, and the President and Chief Operating Officer of Zion, Glen Perry, visited AME’s offices in Ankara, Turkey, in order to inspect AME’s rig [...]

Tag: zion oil latest news, oil drilling contracts philippines, zion oil drilling, mining company ankara, zion oil and gas

Financial data mining vital in war against terrorism, say Treasury officials

The Bush administration yesterday defended its data mining of financial transactions in a program aimed at tracking down financing of terrorist activities. The program, Bush officials said, does not amount to invasion of privacy of Americans.
Treasury Secretary John Snow, while decrying the program’s disclosure by some newspapers, said the surveillance of banking data was ”government [...]

Beacon Redevelopment Industrial Corporation Reviews Initial Consultation Regarding its Natural Gas Rights and Reserves

Beacon Redevelopment Industrial Corporation has reviewed a summary of its initial consultation regarding its natural gas rights of its Westmoreland property. Beacon, along with its geological consultants, are continuing the evaluation of the company’s resources at that location.
The initial review revealed that it appears there may be a more feasible way to install modern gas [...]

Tag: pci coal upper freeport, dominion resources tuscaloosa al, beacon redevelopment industr

Petrobras Makes Deepwater Find in Gulf of Mexico

Petrobras says one of its subsidiaries found oil and gas in the central Gulf of Mexico. The ultradeep find is nearly a mile-and-a-half underwater and over five-and-a-half miles below the seabed.
Future work will determine the size of the discovery and its commercial viability. Petrobras owns a 25 percent stake in an area of the Walker [...]

Bayswater’s Kanairiktok Bay Uranium Prospect in Central Mineral Belt, Labrador Yields 6.9% U3O8

Bayswater Uranium Corporation is pleased to report that final assays from its 2006 program in the Central Mineral Belt, Labrador have now been received and results include a grab sample from a biotitic shear zone on the Kanairiktok Bay Prospect that assayed 6.9% U3O8 and have confirmed the discovery of two new uranium mineralized [...]

Tag: potential radioactivity mininig zone, bay uranium

Exall Resources Limited: Step-Out Drilling Intersects 108.3 g/t Au Over 3.8 M and 107.7 g/t Au Over 3.9 M Bruce Channel Discovery Strike Length Extended to 615 Metres

Exall Resources Limited and Southern Star Resources are pleased to announce the latest series of drill holes on the Bruce Channel Zone at the Gold Eagle property in Red Lake Ontario. Drilling is continuing on the project with four diamond drill rigs that are moving southwards, down the Bruce Channel in order to [...]

Bearclaw Capital Corp. Reports Results of Summer Exploration Programs on James Bay and Wakeham Basin Properties

Bearclaw Capital Corp. announce the results of its summer 2008 exploration program on its Wakeham Basin and James Bay prospective uranium properties in Quebec. The programs were carried out under the supervision of some of the foremost specialists in Quebec uranium geology and exploration: Emilien Seguin, a director of Bearclaw, Benoit Magrina, Ramin Salkhi, and [...]

Haber Inc. Agrees to a Joint Venture on Arizona Precious Metals Property

Haber, Inc.,, a Delaware corporation headquartered in Arlington, Mass., with proprietary technologies for the environmentally friendly processing of gold-bearing ores, announced today that it has agreed to enter into a joint venture with a private party (hereinafter referred to as “Owner”) to acquire certain patented claims in southern Arizona which will then be conveyed to [...]

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Miller Petroleum Announces Successful Well in the Chattanooga Shale

Miller Petroleum, Inc. announced that the latest well in its Lindsay field has initially tested as potentially one of the best natural gas vertical wells that Miller has ever drilled. Targeted with the Chattanooga Shale in mind, the well also shows pay zones in various other formations including the Monteagle and Fort Payne. Stabilized production [...]

Coal production down for Walter Industries

Walter Industries Inc.’s mining division produced 1.2 million tons of metallurgical coal for the quarter ended June 30. It traditionally produces more than 7 million tons of coal a year in its three mines in Alabama.
Specifically, Mine No. 4 produced less tonnage than its historic quarterly averages, primarily due to a longwall move and reduced [...]