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Random News from Mining Top News

AntOro Starts Phase I Exploration Program on Andy Lake Uranium Property, Mont-Laurier, Quebec

AntOro Resources Inc. (TSX VENTURE:ORE.V) is pleased to announce that Phase I of the exploration program for the Andy Lake uranium property is underway. The property is adjacent to the Nova Uranium’s (“NUC” TSX-V) Mont-Laurier property. AntOro has an option to acquire a 100% interest in the property.
Since completing the review of all technical information [...]

Australia’s Santos’ Jeruk Indonesia well flows oil

Australian oil and gas producer Santos Ltd. (STO.AX: Quote, Profile, Research) said on Friday an appraisal well at its Jeruk oil discovery offshore east Java in Indonesia has flowed oil at a stabilised rate of 2,750 barrels a day.
The result comes after initial tests on the Jeruk-3 well were suspended in May because of technical [...]

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Mega Silver Inc. and Skybridge Development Corp. Sign Business Combination Agreement

Mega Silver Inc. announce that they have signed a business combination agreement in respect of the previously announced proposed acquisition of Skybridge by Mega. Under the terms of the acquisition, Mega will acquire all of the outstanding common shares of Skybridge (“Skybridge Shares”) in exchange for common shares of Mega (“Mega Shares”), on the [...]

Tag: skybridge development corp mega precious

MPH Ventures Issues Shares to Rubicon Minerals, Updated NI 43-101 Resource Calculation to be Completed

MPH Ventures Corp. announces that it has issued 25,000 common shares in connection with its Property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the Echo Township property located in the [...]

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Great Panther Develops Gold Rich Vein at Topia Mine

GREAT PANTHER RESOURCES LIMITED announce that continuing development along the Recompensa vein, at the Topia Mine, Durango, Mexico, is yielding exceptionally high gold grades in addition to silver, lead and zinc. The Recompensa Mine was one of many of the Topia mines that were reopened in January under new mining contracts. It contributed to the [...]

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Cabot Oil & Gas Says 4Q Profit Fell 45 Percent on Drop in Natural Gas Prices

Cabot Oil & Gas Corp. said its fourth-quarter profit fell 45 percent on a drop in natural gas prices and a fall in Gulf Coast output from an asset sale.
Net income for the last three months of 2006 declined to $32.1 million, or 67 cents per basic share, compared with $58.5 million, or $1.20 per [...]

Duluth Metals progress report on the Nokomis Deposit

Duluth Metals Limited provide a progress report on activities currently underway and planned for the Fourth Quarter, 2008. The Company’s cash position remains strong with approximately CAD$16 million cash on hand.
The Company is currently in the process of final bid selection for choosing the engineering consultants to complete the Nokomis Deposit Pre-Feasibility Study. The Company [...]

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Fleming Gulf’s Global Mining Technology Forum 1st -2nd March 2010, Dubai -UAE

There is a real need of a highly modified technology for the mining industry today. Being an informational economy, we recognize the increasing availability of information given to us through various resources. On the other hand, we now have tools to enable us to garner great value from that information quite readily. New information products [...]

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Oil Fire At Elk Grove Village Heat-Treating Plant

An oil fire broke out in a heat-treating plant in northwest suburban Elk Grove Village Sunday morning.
The fire started in a heat-treating machine that was filled with oil at 1990 E. Devon Ave. in Elk Grove Village about 8 a.m., according to Elk Grove Village Fire Lt. Scott M. Peterson.
Though the fire was contained to [...]

Morgan Creek Energy to Expedite Lease Program Over Entire Ouachita Oil and Gas Target In Texas

Morgan Creek Energy Corp. (OTC Bulletin Board: MCRE; Frankfurt, Berlin: M6C) (the “Company”), today announced that management intends to accelerate and expand its leasing and acquisition program on the targeted areas that form the Company’s Ouachita (Wash-A-Taw) gas and oil exploration program in central Texas. The expedited leasing initiative is designed to enlist the resources [...]