Fortunate Sun Mining has declared that a diamond drill campaign has been completed at the company’s Golconda gold project, which is situated in Mexico.
By G.P. Thomas
20 Jun 2012
Klondex Mines Ltd., a Nevada gold exploration and development company, today announced the first batch of assay results from its 2012 underground in-fill drilling program at its Fire Creek project in North Central Nevada.
Rio Tinto is to invest US$660 million over the next seven years to extend the life of its Kennecott Utah Copper Bingham Canyon mine in Salt Lake City from 2018 to 2029.
Powder metal technology has garnered considerable interest in the global titanium industry. Several companies are exploring how leading edge, powdered metal techniques might be used as a lower-cost alternative to produce titanium. If such pilot programs are demonstrated to be commercially viable, they have the potential to open up a wider spectrum of commercial and industrial applications for titanium.
Pacific North West Capital Corp.is pleased to announce assay results for exploration drill holes in the River Valley 2012 phase I exploration program on its 100% owned River Valley PGM Property, located within 100 km northeast of Sudbury, Ontario. This phase of exploration focused on drill testing three targets internally within the River Valley Intrusion Complex (RVIC) for reef style platinum group metal (PGM) mineralization (Figure 1). Significant intercepts are listed in Table 1 and discussed below. Details of the drill hole locations and orientations are provided in Table 2.
Newfield Exploration Company today announced a proposed $750 million public offering of Senior Notes due 2024. The Company intends to use the net proceeds from the offering to fund its tender offer and consent solicitation for its existing 6 5/8% Senior Subordinated Notes due 2016 and to reduce borrowings outstanding under its credit facility. Wells Fargo Securities, LLC is acting as sole book-running manager for the offering.
Mpact® Downhole Motors is proud to
announce that it set a new Permian Basin -New Mexico Drilling record on
May 7, 2012 using an Mpact® Downhole Motor. The field
p...
Liberty Gold Corp. is pleased to announce it has entered into a $15M financing agreement, as of October 11, 2011, with institutional investor American Gold Holdings Ltd. (the Subscriber) for the purpose of advancing the Company's gold exploration activities.
Intertek, a leading provider of quality and safety services to a wide range of industries around the world, has expanded its facilities, capabilities and expertise to better serve the growing demand for technical services and expertise supporting the oil & gas industry in Trinidad and Tobago.
"Everything depends on how Cyprus plays its energy cards right now," says Roys Poyiadjis, a New York entrepreneur and financier with strong ties to his homeland.
The Graystone Company announced today its results from the Company's recently completed assay results. The Company sent a sample of gold ore from Peru to an independent refinery in Los Angeles, CA to perform an assay on the sample. The assay indicated that the sample contained 84.7% gold. Based on this testing the Company expects to be able to sell its currently producing gold ore from Peru at $1,374 per gross ounce. The Company sells gold based on the London Fix PM Price.
Gold Bullion Development Corp.is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in northwestern Quebec, 5 km south of the city of Rouyn-Noranda.
Cerro Grande Mining Corporation announced the completion of diamond drill hole CDM 003 at Santa Cecilia, located at UTM 1984 coordinates 6937542N 466750E. Azimuth 180 and inclination minus sixty was drilled to 1,597.7 me...
As a result of strong oil prices and technology advances making domestic shale resources accessible, the US oil and gas industry had a banner year for growth across several categories. Combined exploration and development spending increased 38% in 2011, according to Ernst & Young's annual US E&P benchmark study. Oil reserves grew by 9%, or 1.7 billion barrels, in 2011, while oil production increased 3%. Gas reserves and production rose 4% and 9%, respectively in 2011. Oil and gas revenues experienced 23% growth in 2011.
Kootenay Silver and Pinecrest Resources have announced results from the phase I drill program carried out at the Espiritu polymetallic vein/breccia project located in Mexico.
By G.P. Thomas
19 Jun 2012