Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick Freeport Coal Seams in Western Pennsylvania.
Beacon Energy Corporation will [...]

Cambridge Energy Corporation announced that the Company has entered into a joint-venture agreement for production of the Gold River Mine Group, including noted properties with extensive mining histories and precious metal ore bodies that are geologically well documented including The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and [...]

Compliance Energy Corporation announce that it has signed definitive agreements with West Fraser Mills Ltd. (”WFM”) and with I-Comox Coal Inc,. a wholly owned subsidiary of ITOCHU Corporation and LG International Investments (Canada) Ltd. a wholly owned subsidiary of LG International Corp. (”the Parties”) to complete the purchase of approximately 29,000 hectares of WFM’s freehold [...]

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, are pleased to announce today that an independent estimate compliant with National Instrument 43-101 has sharply increased resources at the company’s Ovoot Tolgoi coal project in Mongolia.
The new report shows that Ovoot Tolgoi’s West Field now contains [...]

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]

Polaris Geothermal Inc., a renewable energy geothermal power producer, is pleased to announce that its subsidiary, Polaris Energy Nicaragua (”PENSA”), has entered into well drilling contracts for the drilling of production and re-injection wells to triple its generation capacity at the San Jacinto geothermal field in Nicaragua.
The first of the contracts was entered into with [...]

The future of mining in Namibia now points to uranium. With over 20 mining entities prospecting and exploring for the highly-priced mineral and with the announcement by ASX-quoted West Australian Metals (WME) last week of the discovery of uranium deposits at its Marenica Project, a fourth producing uranium mine may be on the horizon for [...]

Torrent Energy Corporation announced it has retained U.S.-based Pfeiffer High Investor Relations, Inc., and Canada’s CHF Investor Relations (Cavalcanti Hume Funfer Inc.) to develop and manage a North American investor awareness campaign together. This program will be supplemented with an internet based program contracted through Stockgroup Media.
John Carlson, Torrent’s President and CEO, commented, “We [...]

NAMIBIA appears to have a radiant future in the mining sector with over 20 mining outfits doing uranium prospecting and exploration, mainly in the Erongo Region, and an Australian company announcing that it has found a promising deposit of the mineral north of the existing Roessing uranium mine.
West Australian Metals (WME) on Thursday announced it [...]

THE government is expected to give its approval to the country’s first ever coal policy very soon. The final draft of the coal policy will be placed before the Cabinet shortly. Once endorsed, the coal policy will give certain basic rights to the government to lease out the existing coal mines of the country, including [...]