The Board of Kiwara, the Zambian based exploration Company, is pleased to announce further results from its ongoing drilling programme on the Kalumbila base metals target.
Highlights:
* Bore Hole L38 assayed 0.94% copper (”Cu”) over 20.44m intersection from 127.89m, including 1.19% Cu over 14.03m intersection from 131.51m;
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November 21st, 2008 | Posted in Drilling, Minerals, metals | No Comments
VANCOUVER, Rare Element Resources Ltd announced that Sundance exploration project gold, which is a joint venture between Paso Rico (USA) Inc, a subsidiary of ‘element scarce resources, and Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (Newmont), has completed the additional geological mapping, geochemical sampling, and expand the polarization (IP) survey. The [...]
October 20th, 2008 | Posted in Gold, Mining Exploration, Mining News | No Comments
Orbit Garant Drilling Inc, today announced the acquisition of Forage+. Under terms of the transaction, Orbit Garant has purchased all of the issued and outstanding shares of 9129-5632 Quebec Inc., doing business as Forage+, a specialized drilling company operating seven drilling rigs. As part of the transaction, Orbit Garant is acquiring a 100,000-metre drilling services [...]
October 14th, 2008 | Posted in Drilling, Mining Exploration, Mining News | No Comments
TORONTO and LIMA, NORSEMONT MINING INC. today announced that the company made a new discovery to the Company for 100 one hundred controlled Constancia copper, molybdenum, silver project in south-eastern Peru. Pampacancha The anomaly was discovered approximately 2.7 kilometers southeast of the Constancia - San Jose deposit and is located in an area where the [...]
October 10th, 2008 | Posted in Coal, Crude Oil, Gasoline, Mining Companies, Mining Exploration, Mining News, Oil, Oil Prices, Uranium | No Comments
Crude oil prices gained early Tuesday to more than $ 91 a barrel on the New York Mercantile Exchange as a safe investment clear that stocks tumbling.
People are very much in near panic and everyone wants to keep the money in cash, Bill O’Neill, analyst at Logic Advisors said the Wall Street Journal.
Crude oil prices [...]
October 7th, 2008 | Posted in Caterpillar, Coal, Crude Oil, Drilling, Tin Mine, Uranium, metals, mine, mining project, mining stock | No Comments
Bloomberg - Crude oil rose as traders took advantage of cheaper prices in eight months to buy oil, amid speculation of OPEC reduced production.
Oil that Libya has increased oil official called for a reduction in output, Qatar and the oil minister said the country has reduced production in line with quotas. OPEC President Chakib Khelil [...]
October 7th, 2008 | Posted in Caterpillar, Coal, Crude Oil, Drilling, Geology Mining, Gold, Mining Equipment, Mining Exploration, Oil Prices, Silver, Tin Mine, mining project | No Comments
ALBANY - The State Department of Environmental Conservation will conduct a public meeting at Sullivan County Community College to discuss potential environmental impacts of drilling for natural gas in the Marcellus and Utica shale formations.
The meeting will be held at Loch Sheldrake Campus on December 4. This will be one of six hearings throughout affected [...]
October 7th, 2008 | Posted in Crude Oil, Drilling, Mining Companies, Mining Equipment, Oil Prices, Silver, Tin Mine | No Comments
(Bloomberg) - Crude oil fell below $ 90 a barrel for the first time since February that the credit crisis has worsened in Europe, adding that the concern of global economic growth should slow down and reduce demand for fuels.
Oil fell as low as $ 88.89 a barrel in New York that European leaders have [...]
October 6th, 2008 | Posted in Crude Oil, Drilling, Mining Companies, Mining Equipment, Tin Mine, Uranium | No Comments
VANCOUVER, BRITISH COLUMBIA, Journey Resources Corp. and Grenville Gold Corporation are pleased to announce that, subject to regulatory approval, they concluded a second amendment the Joint Venture Agreement dated February 5, 2008, as amended on 17 March 2008, whereby Journey May to acquire a 75% interest in certain mining concessions comprising the Silveria, located in [...]
September 26th, 2008 | Posted in Coal, Crude Oil, Gold, Mining Exploration, Mining News, metals | No Comments
LAS VEGAS, NV, Elray Resources, Inc a technique based gold and precious minerals exploration company, announced today, today it has appointed a project team responsible for its businesses in Cambodia and the world to be headed by Mr. Grant Roberts and Tony McDougal.
Mr. Grant Roberts is a geologist with 28 years experience in geology, mineral [...]
September 26th, 2008 | Posted in Gold, Mining Exploration, Mining News, Oil Prices, Silver | No Comments