Archive for the ‘Exploration’ Category
Saturday, November 22nd, 2008
The first Australian uranium has been exported to China, with demand for the fuel likely to increase sharply in coming years, Resources and Energy Minister Martin Ferguson said Friday.
The shipment follows the signing of two bilateral nuclear safeguards agreements in April 2006 and their ratification in January 2007, which provide ...
Posted in Exploration, Mining Company, Mining Industry, Mining Technology, Uranium | No Comments »
Saturday, November 22nd, 2008
In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels' capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch ...
Posted in Exploration, Mining Company, Mining Industry, Mining Technology, Uranium | No Comments »
Saturday, November 22nd, 2008
Public sector mining company Orissa Mining (OMC) will shortly slash prices of iron ore by 40 to 50 percent, a top company official said here Thursday.
"We have just fixed our iron ore prices, and the new rates would come into effect in the next three to four days," OMC managing ...
Posted in Exploration, Iron ore, Mining Industry, Mining Technology | No Comments »
Friday, November 21st, 2008
Repsol has been awarded exploration rights in Canada's Newfoundland and Labrador Offshore Area, allowing the company to move forward with its plans to increase oil and gas finds and production in the Organization for Economic Co-operation and Development countries.
Repsol has successfully bid for three blocks, two in the Central Ridge/Flemish ...
Posted in Drilling, Exploration, Mining Company, Offshore, Trade & Market | No Comments »
Thursday, November 20th, 2008
Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that drilling has commenced on the Company's Scraper Project where joint venture partner Newmont Mining Corporation (TSX:NMC)(NYSE:NEM) can earn an initial 51% interest by undertaking staged annual exploration expenditures totaling US$5 million over a five year ...
Posted in Drilling, Exploration, Gold, Mining Company | No Comments »
Thursday, November 20th, 2008
Zimbabwe's gold production plunged by 64.5 percent in October compared to the same period last year, the Chamber of Mines said Wednesday, underscoring the woes of the once-vital industry.
Gold output in October was 125 kilogrammes in October, down from 352 kilogrammes in the same month last year, the chamber said.
The ...
Posted in Exploration, Gold, Mining Investment | No Comments »
Monday, November 17th, 2008
Uranium One Inc. ("Uranium One") today reported operational and financial results for the third quarter of 2008. The Company also provided updated guidance for its operation and development projects.
The financial statements, as well as the accompanying management's discussion and analysis, are available for review at www.uranium1.com ...
Posted in Exploration, Mining Industry, Mining Investment, Mining Technology, Trade & Market, Uranium | No Comments »
Saturday, November 15th, 2008
The government has awarded four coal-bead methane (CBM) development contracts in Kalimantan to a group of mining companies requiring a total investment of at least US$20 million during the next three years.
The four companies are a consortium of PT Pertamina Hulu Energi Metana Kalimantan A-Sangatta West CBM Inc, a consortium ...
Posted in Exploration, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Saturday, November 15th, 2008
UK invesTment manager Ashmore Group is looking for a strategic partner in running oil refiner Petron Corp. and sees food and beverage giant San Miguel Corp. as a company that will bring value into the oil refiner, an Ashmore Philippine representative said yesterday.
Petron president Eric Recto, who represents Ashmore in ...
Posted in Exploration, Mining Company, Mining Investment, Trade & Market | No Comments »
Friday, November 14th, 2008
Kingsgate Consolidated, owner of Thailand's biggest gold mine, discovered a new deposit near its Chatree mine.
"This discovery has the potential for a new Chatreesize gold system or even larger," Gavin Thomas, chief executive officer of the Sydneybased company said yesterday in a statement to the Australian stock exchange. Early drilling ...
Posted in Exploration, Gold, Mining Industry, Mining Investment | No Comments »
