Azumah acquisition Crew Gold in Ghana to take it to the Ground Million Ounce Mark

There shouldn’t be any need to call for the help of contestants from the controversial quiz show University Challenge to get the answer to the following simple test of arithmetical skills, though the implications of the answer might be lost on that brainy crew. What is the sum of 754,300 and 300,000? If you said: [...]

Australian Mining stock: BHP, Asciano, GPT, St. Barbara, Newcrest

Australia’s S&P/ASX 200 Index dropped 1 percent to close at 3,219.20 in Sydney, the lowest since Dec. 16, 2003. The following were among the most active shares in the Australian market today. Stock symbols are in parentheses after company names.
Gold producers: Gold fell for the sixth-straight session yesterday, the longest slump since October. The metal [...]

Cadiscor Resources and Tiomin Resources have agreed to merge in an all share transaction

Meanwhile, Cadiscor Resources and Tiomin Resources have agreed to merge in an all share transaction that would see Tiomin consolidate its shares on a 10-for-one basis and then receive one Cadiscor share for each new Tiomin share. The move would allow for Cadiscor to move forward into production at the Sleeping Giant mine in Northern [...]

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 [...]

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 [...]