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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 ...
Posted in Gold, Mining Industry, Mining Investment, Trade & Market | No Comments »
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 ...
Posted in Drilling, Mining Industry, Mining Investment, Mining Technology, Oil & Gas, Uranium | No Comments »
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 ...
Posted in Mining Consultan, Mining Industry, Mining Investment, Mining Technology, Uranium | No Comments »
Tuesday, November 11th, 2008
There's copper in St. Julien's...but is there enough for a mine?
That's the multi-million dollar question.
"It's one of the best prospects I've seen in about 15 years," said Robert Freeman, vice-president of exploration for Eagle Ridge Minerals Ltd. "But it's still a lottery ticket."
Eagle Ridge has a nine-man team, five of ...
Posted in Copper, Drilling, Exploration, Mining Investment, Mining Technology | No Comments »
Wednesday, November 5th, 2008
Shares in the Dublin-listed, Russia-focused oil exploration company PetroNeft Resources rose over 37 per cent in Dublin this morning after it reported one of its wells in Siberia produced crude oil when tested.
In a statement PetroNeft said its Lineynoye 1 well delivered 271 barrels of oil a day and added ...
Posted in Drilling, Mining Investment, Oil Price, Trade & Market | No Comments »
Friday, October 24th, 2008
The development of deepwater oil fields off the coast of Brazil may be delayed as the credit crisis makes it harder to finance projects, OPEC President Chakib Khelil said.
Developing Brazil's offshore fields may involve investing $100 billion, for which financing from foreign banks is needed, Khelil, who is also Algeria's ...
Posted in Mining Company, Mining Industry, Mining Investment, Offshore, Oil & Gas | No Comments »
Friday, October 24th, 2008
"Drill, baby, drill," is the mantra of those who think America must free up its domestic oil supplies, but drilling offshore is not the only option.
The United States is the third largest oil producer in the world (about 8 million barrels per day), but it is also the number one ...
Posted in Drilling, Mining Company, Mining Contractor, Mining Industry, Mining Investment | No Comments »
Friday, October 24th, 2008
U.S. oilfield services and drilling contractors continued to post higher quarterly profits on strong oil and gas prices, offsetting costs from the active hurricane season.
National Oilwell Varco (NOV.N: Quote, Profile, Research, Stock Buzz), Diamond Offshore Drilling (DO.N: Quote, Profile, Research, Stock Buzz) and ENSCO International (ESV.N: Quote, Profile, Research, Stock ...
Posted in Mining Company, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Saturday, October 18th, 2008
Proactive Investor readers might care to run a careful ruler over Churchill Mining. We are sure to be hearing a lot more of this company in the future.
East Kutai Coal Project.
Churchill’s prize asset is its 75% stake in the huge East Kutai Coal Project (EKCP) in Kalimantan, Indonesia, which ...
Posted in Coal, Mining Company, Mining Industry, Mining Investment, Mining Technology, Trade & Market | No Comments »
Friday, October 10th, 2008
It is reported that iron ore producer Atlas Iron Limited has made two new hematite discoveries at its wholly owned Pardoo project. Atlas said that the deposits were at or near surface. They required further drilling to define their extent.
It added that "A very low phosphorous levels within the targets, ...
Posted in Exploration, Iron ore, Mining, Mining Company, Mining Contractor, Mining Industry | No Comments »
