Armistice Resources Corp. reports first in-fill drilling results

Mining exploration news: drilling
Toronto, armistice Resources Corp is pleased to report the results of new in-fill definition drilling program completed at the new 2250 in the Project Level McGarry Gold in Virginiatown, Ontario.
Previous definition drilling program at this level to leave the gap between the 600W and 1100W. A total 31new definition fill in the [...]

New gas drilling hazards: water flows again

Mining exploration news: Drilling
River Valley - According to some, all the consequences of gas drilling can be taken care of except one: the renunciation of flow-back water that comes from the well after drilling.
Most of the water used in the drilling process called “fracking”? Around 40 percent of the total? Are encouraged to return to [...]

Trade of oil prices around $ 40 a barrel

Mining exploration news: (Oil Prices)
Oil prices traded around $ 40 a barrel today, after sharp overnight declines on concerns that demand for energy is evaporating in the face of a slowing global economy weight.
Prices have declined 73 percent since July on investor fears of job layoffs and falling consumer spending in the United States is [...]

Maine oil prices drop 7 cents

Mining exploration news: (oil prices)
Augusta, Maine-Home heating prices still down in Maine. State energy offices in the state of Maine says the average cash price for No. 2 heating oil is $ 2.36 per gallon - down 7 cents since last week.
Director of Energy John Kerry said that the national demand for oil has decreased [...]

Oil prices slip further below $ 40

Mining Exploration News:(oil prices)
The price of oil fell again in morning trade on Tuesday. Light sweet crude oil for February delivery rose to $ 39.33, down 58 cents on the session. Prices reached as high as $ 40.65 before the associative lower.
Traders looked ahead to Wednesday’s Energy Information weekly inventories report. Experts looking around to [...]

The firm was ordered not to take drilling wastewater

Mining Exploration News:(Drilling)
CARLISLE - A company that collects wastewater from natural gas companies drilling in the Fayetteville Shale has been ordered by environmental regulators to stop.
Arkansas Department of Environmental Quality issued an emergency order from Fayetteville Shale Land Farms, near Carlisle after an inspection found liquid - a mixture of water and sediment of the [...]

Riverside resources reports positive results from the Penoles Mining district, Durango, Mexico

Mining Exploration News:(Gold Mining Exploration)
Vancouver, British Columbia, Riverside Resources Inc. is pleased to report results from three new targets in the 350 square km Penoles concessions, located in the Penoles Mining District, Durango, Mexico. Concessions that have diverse types of deposits, including Jesus Maria Pb-Zn-Cu system of blood vessels, San Rafael Ag vein system and [...]

Oil prices slip below $ 45

Mining Exploration News:(Oil Prices)
Oil prices fall below $ 45 a barrel Friday in reaction to news that the $ 14 billion emergency bailout for U.S. automakers have collapsed in the Senate, increasing fears for the U.S. economy.
The decline came after a strong rally in the previous session, and traders said expectations of significant production cut [...]

Gold Mining Exploration: Transoft technology acquires Wellington mining projects

Mining Exploration News:(Gold Mining Exploration)
Markham, ON, John Browne, President of Transoft Technologies, is pleased to announce the acquisition of Wellington Mining Project, from Produelec SA, Ecuador, which is located in South America .
Wellington Mining Project, which consists of alluvial gold mining plant in 3 mining concessions to hard rock deposits contain interesting and the value [...]

Faster than a ray of light oil prices plunging

Mining Exploration News:(Oil Prices)
World oil consumption will be down for the first time in 30 years, officials from the U.S. Department of Energy said. The DOE and the World Bank to reveal the contradictory forecasts about the price of oil for 2009, which can make up to $ 51 or $ 75 per barrel. The [...]