London Agrees to mining $ 5 million with Escrow Wits Basin

MINNEAPOLIS, Wits Basin Precious Minerals Inc. announced today that London Mining Plc and Wits Basin have reached an escrow agreement which London mining lodging U.S. $ 5000000 for the benefit of parties’ joint venture for the purchase of Maanshan Xiaonanshan iron ore mine and Sudan Nanjing processing plant (collectively known as Xiaonanshan Mine) located in [...]

Mining company sees hope in the results of exploration

Durango, Colorado, Officials with Colorado Goldfields Inc., Denver-based mining company doing exploratory work in gold and Mughal king mining sites near Gladstone, say that drilling in the summer showed positive results.
John Ferguson, operations manager for Colorado Goldfields, said results continue to correlate “very well” with historical documents, with more than half the season completed drilling.
Last [...]

GlobeStar Mining update on Cerro de Maimon project

TORONTO, ONTARIO - GlobeStar Mining Corp is pleased to provide an update on start-up activities to the Company owned 100% Cerro de Maimon copper / gold project in the Dominican Republic.
Start-up and operation of the proposed 1300 metric tons per day, the sulphide plant and related facilities have continued primarily on a 24-hour basis since [...]

RIMFIRE Northgate and start drilling Boulevard, Yukon

VANCOUVER, BRITISH COLUMBIA
RIMFIRE Minerals Corporation (TSX VENTURE: RFM) is pleased to announce that, in partnership with Northgate Minerals Corporation (TSX: NGX) has started drilling at its new discovery of gold on the Boulevard property. Boulevard of the property is located approximately 135 km south of Dawson City, Yukon. Gold mineralization, including 7.04 g / t [...]

Mincom and Banpu Public Company Limited streamline the process for delivering customer

LAS VEGAS — Mincom, a leading provider of software and services industries active in collaboration with Banpu Public Company Limited (Banpu), Thailand to streamline its process Delivery customers using the mining technique Mincom Intelligent Solution Suite mining.
Banpu was established as a coal company in Thailand in the early 1980s, expansion in Indonesia and China. This [...]

Crude oil is expected to increase to maintain short-term

MUMBAI: After falling more than 30 per cent of its all time high in July and trading below the key $ 100 per barrel level, crude oil rebounded by nearly 13 percent last week.
While the Federal Reserve’s massive rescue plan was the distinguished conductor, declining inventories in the United States as well as purchasing techniques [...]

East Asia begins in Aceh mineral porphyry copper-gold Drilling Program

East Asia Minerals Corporation (TSX VENTURE: EAS), which advises the 3,000 meters diamond drilling program in EAS very prospective area Barisan II project in the province of Aceh, Indonesia, is underway.
The first hole at Upper Tengkereng is now well advanced, and was amended in the drilling and porphyry copper mineralization from the surface. A high [...]

Timmins Exploration Program 2 confirms geology, drilling targets for serpentinite test

TORONTO, ONTARIO - (Mobile - 22 September 2008) - Golden Hope Mines Limited ( “Golden Hope” or the “Company”) (TSX VENTURE: BNB) (Pink Sheets: GOLHF) Throughout the spring and summer 2008, an extensive exploration continued on the Bellechasse - Chaudiere group of claims in Quebec.
The objectives of the issue are as follows:
- Define the extent [...]

Zulu Energy announced the discovery of natural gas

DENVER, - Zulu Energy Corp., an exploration phase energy independent focused on the discovery and development of coalbed methane in the Republic of Botswana in southern Africa, has announced today that during drilling operations, through its wholly owned subsidiary, Nyati Resources Botswana, an unexpected natural gas was encountered. The surprise discovery took place while [...]

Kent Exploration receives letters from 57 coal available applications

VANCOUVER, BRITISH COLUMBIA - ) - Kent Exploration Inc (the “Company”) (TSX VENTURE: KEX) reports it has received letters of comfort Saskatchewan energy resources of coal Decision of 57 requests totaling 43,776 hectares (approximately 437.76 square kilometers or 108172 acres).
The Company has now received first priority comfort letters Disposal of coal on a total of [...]