Gold is returning to the North as Miramar Mining (TSX:MAE) readies a site along Canada’s Arctic coast for the first new gold mine development in a generation.
“It’s a great opportunity to see it coming back,” said Larry Connell, Miramar’s environmental manager.
Crews are now quarrying rock near the Vancouver-based company’s Doris North deposit in Nunavut and [...]

Australia’s Allegiance Mining NL said on Monday it has stockpiled 10,000 tonnes of nickel-bearing ore and is on track to start milling operations at its Tasmanian project in the fourth quarter of calendar 2007.
Allegiance is developing its Avebury mine 7 km (4 miles) outside the mining town of Zeehan on Australia’s Tasmania island.
It plans to [...]

Victory Energy Corporation (OTC BB:VTYE.OB ) announced today that it is actively looking to acquire major oil and gas lease properties in the 20,000 to 80,000-acre range. The company will initially focus on land lease opportunities in Texas.
“Texas leads many of the production categories for oil and gas, and has the largest amount of untapped [...]