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Random News from Mining Top News

Denison Mines Corp. Announces Postponement in Midwest Project and Suspension at Tony M Mine

Denison Mines Corp. announced that the owners of the Midwest joint venture consisting of AREVA (69.16%), OURD (5.67%) and Denison (25.17%) have determined that the development of the Midwest Project will be postponed due to current economic conditions. The status of the project will be reviewed every six months.
The postponement is a result of the [...]

Tag: midwest project uranium, denison midwest feasibility study, denison mines, capital expenditures denison mines 2008, tony m uranium mine

MEDUSA MINING LIMITED – Co-O MINE ADIT UPDATE

Medusa Mining Limited (”Medusa” or ”The Company”), the Australian based company operating and developing gold mines in the Philippines, advises that following the announcement of 10 January regarding the landslide that blocked the adit entrance to the Co-O mine, round the clock work has cleared the adit entrance and services have been restored to the [...]

Explore depleted uranium dangers

Mr. Gosney in his Feb. 5 letter to the editor, brought up several points in attempting to debunk the dangers of depleted uranium.
One of them was Judith Hick’s reason for pulling out of Iraq because of the use of DU.
I don’t imagine the U.S. military is going to release information to the public about the [...]

METANOR Launches 20,000m Drilling Campaign Following a 9.24 g/t Au Over 33m at BARRY

Metanor Resources Inc. is pleased to announce the beginning of an intense exploration campaign on the Barry property in order to locate the lateral extension and extensions at depth of the gold bearing mineralized zones in the area of the Main zone and in order to discover new similar gold bearing zones on the whole [...]

Tag: redcorp ventures

Oilsands Quest Reports Success Ratio of 87% in Current Drilling Program on Oil Sands Exploration Permits in Saskatchewan

Oilsands Quest Inc. reports that drilling results to date in its winter 2006/07 exploration program on its oil sands exploration permits in northwest Saskatchewan indicate an 87 percent success ratio. Between November 3, 2006 and January 15, 2007, a total of 31 holes were drilled and, of these, 27 were cored through bitumen-bearing McMurray [...]

Tag: christopher hopkins oilsands, oilsands quest latest news

Oil prices dive as Ernesto weakens

Crude futures fell by nearly 2 dollars Monday as Tropical Storm Ernesto weakened and appeared to be tracking a course that would avoid Gulf of Mexico oil installations.
New York’s main contract, light sweet crude for delivery in October, fell 1.90 dollars at 70.61 dollars per barrel.
In London, [...]

Gold down on cease-fire, silver gains

December gold settled down $5.10 at $639.30 an ounce. During the session the contract dipped to a low of $634.20.
Analysts at TheBullionDesk.com wrote that the cease-fire has kept gold, traditionally seen as a safe haven, under pressure. They noted that violence in
Iraq and nuclear ambitions in
Iran and
North Korea are likely to keep propping up gold [...]

Bonanza Oil and Gas, Inc and Black Pearl Energy, Inc are now mergered

Bonanza Oil and Gas, Inc and Black Pearl Energy, Inc are two oil mining and exploration published their merger. As a result of the merger, Black Pearl Energy, Inc. merged into a wholly owned subsidiary of Bonanza Oil & Gas, Inc. with the wholly owned subsidiary being the surviving entity. Black Pearl’s assets consist of [...]

Tag: unitedpe, black pearl oil, black pearl exploration, pearl energy ceo, blackpearl resources inc

Bendigo Mining finds pot of gold to offset costs

STRUGGLING Victorian gold revivalist Bendigo Mining completed a $50 million capital raising at one-third the price its shares were trading at six months ago.
Goldman Sachs JBWere and Macquarie Equity Capital Markets tried to place shares with institutions between 88¢ to 96¢, but the goldminer was forced to settle for a 12-month low price of 80¢ [...]

Foothills Resources, Inc. Starts 3D Seismic Program in California

Foothills Resources, Inc. announced that it had commenced the acquisition of a 3D seismic survey over the Grizzly Bluff natural gas field in the Eel River Basin, Humboldt County, California.
Data acquisition started on January 9th and is expected to be completed in approximately ten days. An area of about 13 square miles is being [...]