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Random News from Mining Top News

BHP buys into bauxite project

April 27th, 2007

BHP Billiton on Friday announced the acquisition of a 33.3% interest in Global Alumina’s Sangaredi Refinery Project in Guinea, West Africa, for a consideration of $140m.
The project comprises the design, construction and operation of a 3Mtpa alumina refinery, 9Mtpa bauxite mine, and associated infrastructure.
A mining concession covering 690km has been secured and a mineral resource [...]

Roxmark initiates molybdenum bulk sampling, obtains concentrate sales agreement – progresses on 3D modeling of gold properties

August 13th, 2006

Roxmark Mines Limited (RMKL – CNQ) today announced that work is underway on its molybdenum bulk sampling program on the Nortoba-Tyson property and that progress continues on the systematic digitization of data from the Company’s gold properties, with both as precursors to an aggressive exploration and development program planned for 2007 and beyond.
In the first [...]

18 people die in Chinese coal mine

August 6th, 2006

A gas leak in a coal mine in northern China has killed at least 18 miners.
The disaster at the Dahuiyao Coal Mine in Shanxi Province began Friday with a collapse, Xinhua, the official government news agency, reported. That left a closed part of the mine open and set off a fire that released lethal gases.
There [...]

Shares of International Millennium Mining Corp. to Commence Trading

February 22nd, 2007

International Millennium Mining Corp. is pleased to announce that the common shares of IMMC will begin trading on the facility of the TSX Venture Exchange commencing at the opening February 27, 2007 under the trading symbol IMI (CUSIP No. 459970). IMMC has 30,122,944 shares issued and outstanding and 44,241,287 shares fully diluted.
IMMC is a [...]

California ruling shouldn’t hinder coal production

January 28th, 2007

California’s march toward reducing heat-trapping gases caused by burning coal shouldn’t cause an immediate drop-off in demand for Wyoming coal and could mean new opportunities for power generated in Wyoming, two state officials said.
On Thursday, the California Public Utilities Commission voted to ban three companies that supply most of the state’s power from buying electricity [...]

Powertech Uranium Corp.: Dewey-Burdock Project Mine Permit Application Status

August 6th, 2008

POWERTECH URANIUM CORP. announce that activities associated with its mine permit application for the Dewey-Burdock Project, in Fall River and Custer counties, South Dakota, are advancing on schedule.
A new uranium exploration permit application for 30 additional drill holes was submitted to the South Dakota Department of Environment and Natural Resources (SD DENR). The purpose of [...]

Pilgrim Begins 23-Well Re-entry

June 23rd, 2006

Pilgrim Petroleum Corp. announced on Thursday a program to re-enter and rework 23 wells previously shut in on its Meldon White property Archer County, Texas.
The wells, originally drilled by Tillman Oil Co., will be re-opened to add to the production of approximately 1,800 barrels per month from the previously drilled wells on the lease. Pilgrim [...]

Tao Minerals Update to Security Situation on El Colmillo Mine

April 14th, 2009

Mining exploration and development company Tao Minerals announce an update on the security situation in El Colmillo Mine. Tao Minerals has been diligently working with local authorities on the national, departmental and civic stages to improve the security in the area. Progress has been made due to diligent work by local mayors who are keen [...]

Fastest-Growing Companies: Berry Petroleum ranks No. 59

September 22nd, 2006

Berry Petroleum ranks no. 59 on Fortune’s 2006 list of the 100 Fastest-Growing Companies. The Bakersfield, California-based company saw profits rise at a rate of 65% and revenues grow 45% with a stock return of 57% on average annually over the past three years. The company ranked 97 on the 2005 list.
Each year, Fortune’s ranking [...]

SPI Lasers Announces Extended Operating Temperature Range 20W Pulsed Fiber Laser

August 22nd, 2008

SPI Lasers, a leading designer and manufacturer of fiber lasers, today announced an extended temperature range 20W Fiber targeting hot environments.
SPI has launched a new ST ‘Superior Temperature’ variant of its successful G3 20W pulsed laser. The ST has a significantly extended temperature range and is capable of operation in ambient environments up to 43°C [...]