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Random News from Mining Top News

Shoreham Acquires GOLD and PGM Portfolio of Guiana Shield Resources Inc.

Shoreham Resources Ltd., a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, announce the signing of a formal letter agreement with Guiana Shield Resources Inc., a Guyanese Company. The agreement grants Shoreham the right to earn 100% of 13 Prospecting Licenses in Guyana which were [...]

African Queen Mines Abandons Braganza Gold Project in Mozambique to Focus on Priority Targets

African Queen Mines Ltd. announces that it has provided formal notice of abandonment to Bobcat Mining Limitada with respect to the Braganza Gold Project in Mozambique. The Company has the right to earn up to a 75% interest in the Project pursuant to the Letter Agreement dated August 17, 2007, between Pan African Mining [...]

Tag: nell dragovan photograph, terra merchant resources

TSX Venture Exchange Approves UCR Option Agreement for New Mexico Property

Uranium City Resources Inc. announce that the TSX Venture Exchange has now approved the previously announced (see Press Release of September 30, 2008) Option Agreement with Running Fox Resources whereby UCR can earn up to a 60% interest in 178 lode mining claims (over 3160 acres) located in a well known area of mineralization south [...]

Tag: redcorp ventures

Progress Energy Trust Announces Participation in the Inaugural Oil and Gas Trust Symposium

Progress Energy Trust (“Progress” or the “Trust”) is pleased to provide further information on the inaugural Oil and Gas Trust Symposium, which will feature the following topics and speakers:
– “The Trust Structure” – Craig Natland, Tax Partner, KPMG, Calgary
– “How Long is Long Enough? – [...]

Tag: progress energy trust calgary

Enterra Energy Trust Announces March 2007 Distribution of US$0.06

Enterra Energy Trust announces that a cash distribution of US$0.06 per trust unit will be paid on March 15, 2007 in respect of the February 2007 production. The distribution will be paid in U.S. funds to unitholders of record at the close of business February 28, 2007. The ex-distribution date is February 26, 2007.
For [...]

Bessemer-area coal mine reopens

A coal mine has reopened in Jefferson County after being shut down for five months to undergo renovations and its new owners expect to produce 200,000 tons a year.
Headwaters Inc., owner of Covol Engineered Fuels LC, has completed work at the Jim Walter Resources Mine No. 3 in Adger, located just outside of Bessemer. Headwaters [...]

Seabridge Gold Completes Sale of Noche Buena to Fresnillo/Newmont JV

Seabridge Gold announced that it has completed the sale of its 100% owned Noche Buena gold project in Sonora, Mexico to Minera El Bermejal, S. de R.L. de C.V., an affiliate of Minera Penmont, S. de R.L. de C.V., which operates the La Herradura gold mine in Sonora. Bermejal and Penmont each are owned 56% [...]

Tag: bermejal mine, numont mine northwest teritory, gold smelters for sale, k 2 mining alberta, jobs at kurl lake alberta

Gas tax plan pared to a nickel a gallon

House and Senate transportation leaders agreed Wednesday on a plan to raise Minnesota’s gas tax a nickel a gallon on Sept. 1.
Supporters said the increase, which would be the first hike since 1988 in the state’s 20-cent-a-gallon gas tax, would pay for needed improvements to the state’s highways, roads and bridges.
But it sets up a [...]

TXU lobbying Congress on coal-plant plan

TXU Corp., facing a string of global-warming bills, is ramping up efforts to lobby the new Congress over its controversial plans to build coal-fired power plants across Texas.
Dallas-based TXU has been betting that lawmakers wouldn’t enact environmental legislation penalizing the company for the 11 plants it wants to build. But Democratic leaders in Congress have [...]

Tag: mike mccall txu

Conway Resources Makes an Offer to Purchase the Belleterre Mine Property

Conway Resources Inc. announce the signature of a letter of intent by arm’s length parties setting the general terms for the purchase of all the issued and outstanding shares of private company Ressources mine Belleterre inc., which owns two mining concessions covering 404.71 hectares in Guillet Township, Quebec, known as the Belleterre mine property.
As consideration, [...]