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Random News from Mining Top News

Coeur D’Alene Names Mitchell J. Krebs As New CFO; Current CFO to Resign March 21

March 5th, 2008

Silver mining company Coeur d’Alene Mines Corp. said Tuesday it named Mitchell J. Krebs as chief financial officer.
Krebs, currently senior vice president for corporate development, will replace James A. Sabala, who will resign effective March 21 to pursue other opportunities, the company said.

Gold Rises to 9-Month High on Inflation Concerns; Silver Gains

February 22nd, 2007

Gold surged to a nine-month high in New York after the U.S. said inflation accelerated more than forecast in January and commodity prices jumped.
The consumer-price index increased 0.2 percent last month, more than the 0.1 percent economists estimated, boosting the appeal of gold as a hedge. Crude oil jumped above $60 a barrel and corn [...]

New rules for drilling studied

June 24th, 2007

The Arkansas Department of Environmental Quality is revamping proposed regulations that would provide uniform rules for drilling companies along the Fayetteville Shale, Director Teresa Marks said Friday.
Over the next few weeks the department will work with industry representatives and others to revamp the regulations that were first proposed earlier this month, Marks told members of [...]

Tidelands Oil & Gas Corporation Names Terry Mitchell Vice President of Liquefied Natural Gas Subsidiary

March 8th, 2007

Tidelands Oil & Gas Corporation, a midstream oil and gas project development company, announced the appointment of Terry Mitchell as the new Vice President of Esperanza Energy LLC, reporting directly to James B. Smith, Tidelands’ President and Chief Executive Officer. Esperanza Energy LLC is a 100% wholly owned subsidiary of Tidelands focused exclusively on developing [...]

East West Resource Corporation: Seagull PGE-Copper-Nickel Drilling Program Completed

December 17th, 2008

A eight-hole, 3895 metres drill program has been completed on the Seagull ultramafic intrusion located 85 kilometres north of Thunder Bay, Ontario. The purpose for the drilling program was to extend the known PGE (Platinum Group Elements) horizons that occur within the layered intrusion. Previous work had traced 3 upper horizons for a 750 metre [...]

Robex is starting its drilling campaign on Nampala

November 12th, 2009

Robex Resources Inc. announce that it has completed the preparatory phase of the drilling campaign planned for the Nampala gold deposit located on the Mininko permit, in the Republic of Mali. Robex is now preparing to commence its drilling campaign with the intent of increasing the quality of the resources contained within a portion of [...]

Indigo-Energy, Inc to Sign Loan Agreement for $686 Million in Funding for Oil and Gas Leases in Illinois Basin

July 29th, 2008

Indigo-Energy, Inc has told the media that the company has signed a Loan Agreement with BJ Petro, Inc., a Nevada corporation. BJ Petro has agreed to provide Indigo-Energy, Inc. with funds totaling $686,400,000, which the Company plans to utilize to complete the purchase of and commence the subsequent development of approximately 135,000 acres located in [...]

1,500-metre drill program underway to test gold-bearing green carbonates at Golden Harp’s MC Zone

August 12th, 2008

Golden Harp Resources Inc. announced that a 1,500-metre (approx. 4,500 feet) diamond drill program is underway to continue testing the significant gold potential at the Company’s new MC Zone. The objective is to evaluate the extent of the gold mineralization along strike and at depth proximal to Golden Harp’s first two discovery holes GH-023 & [...]

Lawmakers consider drilling’s health impacts

March 10th, 2007

DENVER – Deb Meader said she never considered the potential health impacts when gas drilling rigs started springing up around Parachute.
Over the past 10 years, she said, she has suffered weakness, nauseous and burning eyes, and her granddaughter was born with congenital defects.
Two of her friends with a well in their back yard died of [...]

Chavez Boosts Heating Oil Program for U.S. Poor; Goes After Bush Again

September 22nd, 2006

Venezuelan President Hugo Chavez visited a Harlem church Thursday and promised to double the amount of discounted heating oil his country ships to needy Americans. But he also took another swipe at President Bush.
A day after he called Bush “the devil” in a speech to the U.N. General Assembly, Chavez said of the president: [...]