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Riversdale Mining, Australian Mining Exploration Company Plan New Coal Mine Exploration in Mozambique

Wednesday, July 2nd, 2008

Riversdale Mining Company country manager for Mozambiq said in Mozambican journal said, “Riversdale operation on Tuesday, the company has lincences mining exploration in Tete covering 290,080 hectares”.
Riversdale mining company has tenements on both bank of the Zambezi,and the area concern extends to the south bank of Lake Cahora Bassa. Mine exploration area to explore over […]

Utah Uranium Corp. Permit Purpose of Potash Exploration

Wednesday, April 23rd, 2008

Included in this is an Exploration Permit application covering a total of 3,880 acres (over 6 sections) of prospective ground northwest of Moab, and Potash Lease Applications for a total of 7,360 acres (11 1/2 sections) of School Sections and a total of 17,760 acres (27 3/4 sections) of ground within the Known Potash Leasing […]

Libya Deal with Bronco Drilling Co. Coal Exploration

Sunday, November 18th, 2007

Oklahoma City-based Bronco Drilling Co. is making its first international foray, and the destination is Moammar Gadhafi’s Libya.
The deal, announced this week, is another sign that U.S. investment is broadening in a nation once considered a pariah by the United States.
Multinationals rushed into oil-rich Libya when President Bush lifted restrictions that had barred […]

Mining company buys Utah townsite

Tuesday, October 30th, 2007

The town of Ticaboo in southeastern Utah has been sold to a Canadian mining company that bought the mothballed Shootaring Canyon uranium processing mill this spring.
Riverton, Wyo.-based U.S. Energy Corp. said Monday that it sold the townsite for $2.7 million to Uranium One Inc. The townsite is five miles from the long-dormant mill, which […]

MOA and Offtake Agreement Romblon Nickel Project

Saturday, September 22nd, 2007

Pelican Resources announced the execution of a Memorandum of Agreement between BHP Billiton and Sibuyan Nickel Properties Development Corporation, the holder of the Romblon Nickel Project in the Philippines. Simultaneously with the execution of the agreement, SNPDC has also executed a term sheet for an offtake agreement with BHP Billiton for the purchase of product […]

Exploration of Uranium, Gold and Copper in Province Isabel

Thursday, August 30th, 2007

Two the biggest companies of exploration of mine, Vulcan Industrial & Mining Corp. and ATN Holdings Inc., Two companies has signed up to do exploration of uranium, gold and copper in province Isabela, Philipines, Thuesday.
Isabela province according to Vulcan is area having prospect to exploration Uranium.
Before exploration is started Vulcan to ask ATN Holding Inc. […]

Mining giants put ‘profit before people’

Saturday, July 28th, 2007

The National Union of Mineworkers (NUM) has accused South African mining companies of putting profit ahead of the lives of ordinary workers.
Speaking to the Mail & Guardian this week after the deaths of two mineworkers at AngloGold Ashanti’s Moab Khotsong mine near Orkney, NUM general secretary Frans Baleni blamed the increasing number of mining deaths […]

Beta Executes Securities Exchange Agreement to Acquire Namibian Westport Ltd.

Wednesday, July 11th, 2007

Beta Minerals Inc. (”Beta”) is pleased to announce that it has entered into a securities exchange agreement dated July 9th, 2007 (”Securities Exchange Agreement”) with Forsys Metals Corp. (”Forsys”), a public Ontario company and Namibian Westport Ltd. (”Namibian”) (formerly Namibian Minerals Ltd.), the wholly-owned subsidiary of Forsys, pursuant to which Beta will acquire all […]

CVRD signs mining contract for Moatize

Saturday, June 30th, 2007

The Mozambique government has approved the mining contract for the exploitation of the Moatize coal project, in the northwestern province of Tete, said Companhia Vale do Rio Doce (CVRD) in a statement.
The contract has a duration of 25 years, which can be extended.
The project involves the exploitation of an open-pit mine for 35 years, with […]

Miners having a blast in Utah uranium rush

Monday, June 25th, 2007

Utah mining prospector Kyle Kimmerle has more than a hunch that uranium will make him rich. It is a conviction so strong he has bet his house on it.
‘We literally spent every dollar we had in savings, hawked and sold our houses and put everything we owned into this. We went all in,’ said Kimmerle, […]