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Random News from Mining Top News

Rolling Rock Resources Corporation: Private Placement Closes

Rolling Rock Resources Corporation has closed a non-brokered private placement (the “Private Placement”) with aggregate gross proceeds of $720,000 from the sale of 4,500,000 units at a price of $0.16 per unit (the “Unit”). Each Unit comprised one flow-through common share and one-half of one non-transferable common share purchase warrant (a “Warrant”). Each whole [...]

Exploration Update – Advanced Field Work Underway at Ruhuhu

Uranium Hunter Corporation announce that its advanced field program at the Ruhuhu exploration site in Tanzania is well underway. Ground targets based on the geophysical interpretation of the helicopter survey announced previously have been mapped by field crew now in place.
Systematic sampling as part of the advanced field program, followed by pitting and trenching of [...]

Tag: uraniumhuntercorp

Crown Minerals Announces $300,000 Non-Brokered Private Placement

Crown Minerals Inc. announce a proposed non-brokered private placement of up to 2,500,000 units at a price of $0.12 per unit (the “Offering”), for aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one share purchase warrant, each such warrant entitling the holder to purchase one common [...]

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New coal dryer technology is a success

The U.S. Department of Energy said a prototype coal dryer project at an Underwood, N.D., power plant is so successful it’s being expanded.
Department officials said the technology at the Great River Energy Co.’s Coal Creek Station has proven so successful the power company intends not only to install full-size dryers on the station’s Unit [...]

Tag: coal dryer technology, coal dryer, coal drying technologies, high moisture coal, drying high moisture coal

Mining sector sees stronger year ahead on brisk investments

THE mining industry expects to make a strong comeback this year driven by brisk investments, keen interest from major global players, higher commodity prices and more stable investment policies in place, a top industry official said.
“We’re off to a good start this year,” said Benjamin Philip Romualdez, president of the Chamber of Mines of the [...]

Tag: eramen minerals, romualdez mining, cvmr and philippine mining

BHP Billiton is squaring off against farming families in northwest New South Wales over some of Australia’s largest coal reserves.

The rural land south of Gunnedah contains an estimated 500 million tonnes of coal.
While the lands are rich in coal, they are also among the most productive agricultural lands in Australia and feature significant underground water reserves.
Farmers worry underground mining could disturb ancient aquifers, threatening livelihoods.
Tim Duddy is a fifth generation farmer whose 3000ha of [...]

Shoshone Silver Announces Sale of Bilbao Concessions in Mexico

Shoshone Silver Mining Company announced it has sold its remaining 25 percent interest in the Bilbao silver-copper-zinc concessions in Zacatecas, Mexico to Minco, Plc (Xtierra Resources, Ltd). in Toronto, Ontario, Canada for US $5 million.
Shoshone President, Lex Smith stated, “Shoshone’s sale of its remaining interest in the Bilbao concessions represents an important and positive step [...]

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Lounor Acquires a Platinum-Palladium Property

Lounor Exploration Inc. announce the acquisition of 2 Mineral Claims in Fiedmont Township in the Val-d’Or mining distinct, province of Québec.
Lounor will pay $40,000 and issue 300,000 common shares over a three-year period to acquire a 100% interest in the property. The Optionors have retained a 2% NSR in the property. The acquisition is subject [...]

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Texas coal-fired plants concern Oklahoma citizens

DURANT ”” Senator Jay Paul Gumm, and the Citizens Organizing for Resources and Environment, spoke out against the construction of the coal-fired power plant that TXU purposes to build in Fannin County. Experts in several scientific and health fields spoke to approximately 60 people in the Fine Arts Building at Southeastern Oklahoma State University [...]

Western Sierra Signs Mining Agreement to Operate the Gold Basin Placer Mine

Western Sierra Mining Corp. announced that the Company has signed a lease option agreement with Arizona-based Pine Creek Mining Corp to operate the Gold Basin Placer mine, located near Wilhoit, Arizona. The agreement also provides Western with the option to purchase the mine, which has proven gold reserves exceeding 150,000 oz. gold with estimated and [...]

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