Sunset Cove has announced that it has drilled a second diamond hole, DDH-06, at the Carolay Silver Property. The company has drilled the hole to a depth of 301 m and the hole has traversed two structures. The Carolay 1 vein and the Carolay vein have been crossed at 226 m and 193.06 m, respectively.
By G.P. Thomas
25 Jun 2012
Uranerz Energy has declared that it has validated the new uranium trend discovery at the Monument project, through the new results obtained from the 2012 exploration drill campaign. This project is located adjacent to the other projects of the company in the Powder River Basin.
Cypress Development has announced that it has completed a phase I drilling campaign at the Twenty-One silver-gold property, situated in west central Nevada.
By G.P. Thomas
25 Jun 2012
China's apparent oil demand* rose just 0.5% year on year in May to 39.72 million metric tons (mt), or an average 9.39 million barrels per day (b/d), a just-released Platts analysis of recent Chinese government data showed.
Klondike Silver Corp. has been rewarded with silver, lead, zinc production resulting from its exploration and development work on the Hinkley Mine which lies just one mile from the Company's 100 ton per day Sandon Mi...
Harvest Natural Resources, Inc. today announced that its wholly-owned subsidiary, HNR Energia B.V., has signed a definitive Share Purchase Agreement (SPA) with PT Pertamina (Persero), the national oil company of Indonesia (the Buyer), to sell all of the Company's interests in Venezuela for $725.0 million in an all-cash transaction. Net proceeds from the sale are estimated to be approximately $525.0 million after deductions for transaction related costs and taxes.
Oil and gas experts from governments and national and international companies came together from June 19-21, in Malabo, the capital of Equatorial Guinea, for the 15th Gulf of Guinea Oil and Gas Conference. This was the first GOG conference hosted by Equatorial Guinea.
Arch Coal, Inc. today announced plans to idle several operations and to reduce production at other mining complexes in Appalachia due to the unprecedented downturn in demand for coal-based electricity. Today's actions, along with other recent changes in Appalachia, will result in a total workforce reduction of approximately 750 full-time employee positions.
Soltoro has reported that it has drilled more than 10,000 m of the proposed 20,000 m program at the El Rayo primary silver project located in Mexico.
By G.P. Thomas
22 Jun 2012
Wildcat Silver Corporation is pleased to announce the results for the final 15 drill holes of its most recent drill campaign completed on the Company's Hermosa property located in Santa Cruz County, Arizona. The holes covered in this press release were drilled to test extensions of the Manto Oxide Zone to the north and the Upper Silver Zone to the southeast of the current Hermosa resource.
Ireland Inc. today reported it has recently completed the installation of the gravity concentration circuit at its Columbus Project in Esmeralda County, Nevada. The pilot plant is now capable of both producing and leaching concentrates from the sand material that is located in the northwest section of the Columbus Project Property.
Ireland Inc. today reported it has recently completed the installation of the gravity concentration circuit at its Columbus Project in Esmeralda County, Nevada. The pilot plant is now capable of both producing and leaching concentrates from the sand material that is located in the northwest section of the Columbus Project Property.
Miranda Gold Corp. is pleased to announce that Ramelius Resources Ltd., our funding partner at Big Blue, a sediment-hosted gold project in Lander County, Nevada, has completed its Phase III drilling. Ramelius drilled a total of 2,860 ft (871.7 m) in two reverse-circulation holes. Both holes intersected anomalous gold mineralization in the carbonate section of the lower plate of the Roberts Mountains Thrust ("RMT").
First Liberty Power Corp., a Nevada based mineral exploration company with a primary focus on lithium exploration and development, is pleased to announce the completion of the data acquisition stage of the gravity survey on the Company's Smokey Valley (S.V. Property) lithium brine project near Silver Peak, Nevada.
Belo Sun Mining has reported that the company has reported results from the reverse circulation (RC) drill campaign carried out at the Gréia target, which is located at the Volta Grande gold project in Brazil.
By G.P. Thomas
21 Jun 2012