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Random News from Mining Top News

Cardero Options Three Mexican Silver-Lead-Zinc Projects to Ethos Capital Corp.

Cardero Resource Corp. (“Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (“LOI”) with Ethos Capital [...]

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Mariner Energy Announces ~70% Increase in Production at Bass Lite With Completion of Primary Production System

Mariner Energy, Inc. announced today the completion of the primary production system for its Bass Lite deepwater field. The completed system allows production of up to 130 million cubic feet of natural gas per day (MMcf/d) from the two wells at Bass Lite, up from previous early production levels of 70-75 MMcf/d. Current daily production [...]

Reliant Energy, Inc. Extends Consent Solicitation With Respect to Its Senior Secured Notes and Pennsylvania Economic Development Financing Authority Bonds

Reliant Energy, Inc. announced that it has extended the expiration date for its consent
solicitation relating to:
— Three series of its outstanding Senior Secured Notes (collectively, the “Notes”):
* 9.25% Senior Secured Notes due 2010;
[...]

Osage Makes Casing Election on Rosablanca-1 Well

Osage Exploration and Development, Inc., in conjunction with its partners Gold Oil, plc, Lewis Energy Colombia, and EMPESA, SA has elected to case the Rosablanca-1 well. This decision was entered into after evaluation of the electric logs and sidewall cores taken from the well bore.
“The Rosablanca section was thicker than we had anticipated and we [...]

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Earnings news spurs European gains

European equities moved higher by lunchtime on Thursday, helped by strength in the oil, financials, travel and media sectors, on a busy day for corporate earnings releases.
The FTSE Eurofirst 300 rose 4.6 points, or 0.3 per cent, at 1,514.98 while the German Xetra Dax added 20.2 points, or 0.3 per cent, at 6,721.8 and the [...]

Curtiss-Wright Acquires Parylene Coating Services

Curtiss-Wright Corporation announced that it has acquired certain assets and liabilities of Parylene Coating Services, Inc. (“PCS”) of Katy, TX for approximately $7.6 million in cash. PCS applies parylene coatings primarily for the medical device industry. The business will become part of Curtiss-Wright’s Metal Treatment segment.
“The acquisition of PCS fits our strategy of expanding Curtiss-Wright’s [...]

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Newcastle calls for cap on coal exports

Newcastle City Council has called on the NSW government to cap coal exports through the city’s port at present levels to fight climate change.
In a vote on Tuesday night, the council also called for an inquiry into coal mining, a coal export levy, mandatory renewable energy targets, and improved public transport and cycling infrastructure.
The Port [...]

Asia Now Announces Private Placement

Asia Now Resources Corp. is pleased to announce that it has completed a non-brokered private placement financing with China Gold Pte. Ltd. (“China Gold”), a subsidiary of Lippo China Resources Limited, a company whose shares are listed on The Stock Exchange of Hong Kong Limited and is mainly engaged in investment holding, retail business as [...]

Airborne Radiometric Survey Starts In Central Mineral Belt

Universal Uranium Ltd. (TSX Venture: UUL) – is pleased to announce that Fugro Airborne Surveys of Toronto, ON, have begun the approximately 10,000 line km helicopter borne radiometric and magnetic survey of the Central Mineral Belt (CMB) and Seal Lake areas of Labrador. The surveys are based out of Postville on the coast and [...]

Liberty Star and NPX Metals Enter Revised Agreement on Gold-Silver Nevada Property

Liberty Star Uranium & Metals Corp. announces that it has signed an agreement to sell its option land at the Providence Project to NPX Metals Inc (“NPX”). The option land, adjacent to land already held by NPX, is believed to host commercially relevant quantities of disseminated gold and silver in Nevada’s historic Beatty Mining District.
The [...]