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Random News from Mining Top News

Soho Resources Corp. Reports Additional Drill Results From Several Zones at Tahuehueto

August 12th, 2008

Soho Resources Corp. report assay results for 36 more completed core drill holes from its ongoing exploration program on its 100% controlled Tahuehueto Project, located in northwestern Durango State, Mexico.
This release reflects results on step out drilling for resource expansion on the Cinco De Mayo, Perdido, Catorce Zones. Assay results show strong mineralization both along [...]

Dallas venture chooses Peru for ethanol site

January 30th, 2007

The domain of snakes, scorpions and scrub brush since time immemorial, a stretch of desert in northwest Peru could soon become an unlikely generator of jobs and economic well-being, thanks to the booming U.S. market for ethanol.
At a ceremony this month, energy firm Maple Cos. closed a deal to buy 25,000 acres of unused and [...]

Texhoma Energy, Inc.: Investor Update and Summary of Oil & Gas Projects

October 25th, 2006

Texhoma Energy, Inc. is working with its auditors to update its financial statements in order to comply with reporting requirements so that the Company’s shares can be traded again on the OTC Bulletin Board market. As reported in August 2005, the Company has received guidance from the SEC that the Company accounted for the drilling [...]

Gazprom sees price hike for gas exports to Europe

March 17th, 2008

The price of Russian gas for European customers could rise as high as 400 dollars (257 euros) per 1,000 cubic metres by the end of 2008, the head of state-run Gazprom was quoted as saying on Friday.
Russian news agencies quoted Gazprom chief executive Alexei Miller as saying the falling dollar and rising demand for gas [...]

Trade group cautions court on mining order

July 24th, 2006

The Federation of Philippine Industries (FPI) has warned that any court order stopping the 30-day test run of the mining operation of Lafayette Philippines in Rapu-Rapu, Albay, may derail the infusion of more foreign mining investments into the country.
FPI president Jesus Arranza said the government’s target of raising $122 million in mining investments by year’s [...]

Nevada Gold Holdings Inc. Stakes New Lode Mining Claims on Tempo Prospect

September 10th, 2009

Nevada Gold Holdings, Inc. a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that the Company has staked an additional 60 claims, an additional 1200 acres, contiguous to the existing 146 claims. These 206 claims, comprising approximately 4000 acres or 6.3 square miles, have been located [...]

Raytec Focusing on Precious Metals

April 8th, 2009

In early 2008, the market for fertilizer products, including potash, was extremely buoyant, and Raytec’s priority was to further the exploration and advancement of the Company’s potash properties. Raytec completed a National Instrument 43-101 compliant resource for the Spar Property, which reported an indicated resource of 12.49 million tonnes of K2O and an inferred resource [...]

Norilsk Nickel now sees LSE listing early July

May 31st, 2008

Norilsk Nickel is targeting a supplementary listing on the London Stock Exchange for the beginning of July, said the Russian metals giant’s chief executive, Denis Morozov.
“The listing will broaden the base for investors, give us more liquidity and, in time, a higher capitalization,” Interfax quoted Morozov as saying.
Norilsk initially had intended to list in London [...]

Rio Tinto Signs Further Joint Venture Agreements with CODELCO for Copper Exploration in Chile

September 2nd, 2008

Rio Tinto has signed two exploration joint venture agreements with CODELCO’s 100% owned subsidiary, CCM Los Andes, in Chile. These agreements follow the first exploration joint venture agreement signed between Rio Tinto and CODELCO in January 2008. CODELCO is the world’s largest copper producer.
The new properties to be explored are the Esteli and Paloma prospects [...]

Drilling on Columbus Gold’s Dutch Flat Project Confirms Presence of Gold Mineralization Encountered in Historic Drilling

January 18th, 2007

Columbus Gold Corporation is pleased to announce the results of a reverse circulation drilling program at its Dutch Flat Property in Nevada, where Piedmont Mining Company, Inc., is earning an initial 51% interest by funding US$2 million in exploration expenditures.
Seventeen shallow angle holes, totaling approximately 685 metres (m) (2,550 feet), were drilled in an [...]