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Quicksilver Resources’ Board Approves 2009 Capital Budget

Friday, November 21st, 2008 Quicksilver Resources Inc. announced that its board of directors has approved a $600 million capital budget for 2009, which includes approximately $400 million for drilling, $155 million for gathering and processing facilities (including approximately $35 million to be funded by Quicksilver Gas Services LP), $40 million for leasehold and $5 ...

Some Say N.C. Should Consider Off-Shore Drilling

Friday, November 21st, 2008 North Carolina should consider whether it would receive money from oil exploration off its coast and how it would balance an oil industry with its coastal tourism economy, speakers at a conference said today. Carteret County commissioners recently passed a resolution supporting oil and gas exploration off North Carolina's coast, prompting ...

Drilling Commences at Columbus Gold’s Scraper Project

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 ...

Learn about the World Mining Industry Market Brief

Wednesday, November 19th, 2008 The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the industry, and highlights the implications boded by the consolidation wave, and rising mineral prices. The discussion on the global ...

Energy economics Small cities not dependent on Barnett Shale bounties

Tuesday, November 18th, 2008 The booming Barnett Shale production during the past five years has been a boon to some of North Texas’ sparsely populated yet gas-rich cities, but city officials said they aren’t counting their chickens before they hatch. Bridgeport and Decatur are prime examples of the impact an industry can have on economic ...

Carpathian Doubles Multi-Million Ounce Gold Resource on the Rovina Valley Project, Romania

Tuesday, November 18th, 2008 Carpathian Gold Inc. is very pleased to announce its updated National Instrument 43-101 compliant Resource Estimate, as provided by independent consultants PEG Mining Consultants Inc. ("PEG"), on Carpathian's 100% owned Rovina Exploration License in central Romania, which hosts the Colnic Au-Cu Porphyry deposit ("Colnic"), the Rovina Au-Cu Porphyry deposit ("Rovina") ...

Kingsgagte reveals gold discovery in Thailand

Friday, November 14th, 2008 MINER Kingsgate Consolidated says it has made a new gold discovery in Thailand, sending its shares up almost 5 per cent. The discovery, to be known as Chokdee, was been made in the central Thai gold belt, 20km north of Kingsgate's existing Chatree gold mine north or Bangkok. "Ore-grade gold results over ...

Progress on Canada Wolf Lake Gold Project: ZNext Mining Issues Dividend to Common Stockholders

Thursday, November 13th, 2008 ZNext Mining Industries, Inc. announces that ZNXPP will be the new symbol for ZNext Mining Preferred Stocks after the 1,000:1 Reverse Split. This corporate action will take effect at the open of business 11/13/2008. The new symbol for the preferred stock on this date will be ZNXPP. And the new CUSIP ...

Magnum Drills Bulk Tonnage Mineralization at Marysvale

Thursday, November 13th, 2008 Magnum Uranium Corp. is pleased to announce results of a recently completed exploration drilling program at its Marysvale Uranium Property, Piute County, Utah. Drilling was conducted from October 22 to October 31, 2008 to test a large 850-foot-wide by 1,570-foot-long coherent soil-gas radon anomaly delineated by StrataModel Inc. in August ...

Uranium Mining in South Texas

Wednesday, November 12th, 2008 Here's something you may not have known, the coastal bend is the third leading producer of uranium in the nation. A money-maker for the companies involved, but some residents living near those mines claim the mining process contaminates their ground water. Our Manuel De La Rosa has this special report. The Garcia ...