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Coal Mining Exploration Growth and Mine Investment Oppurtunity in South Africa
More coal burning than production, race to mine potash hots up, redemptions hitting mining stocks
South Africa Is burning coal at a rate greater than production, says Keaton Energy CEO Paul Miller on page 18 of this edition of Mining Weekly.
Miller says that local coal production growth has effectively been zero for the last three years [...]
Kent Exploration Inc. Receives First Priority Comfort Letters on 33 Saskatchewan Coal Disposition Permit Applications
Kent Exploration Inc is a junior exploration company that has a 100% interest in a mining lease option on the Flagstaff Mountain property, a gold/silver/zinc/barite prospect in eastern Washington state, is earning a 100% interest in the Rosebud property, a gold/silver prospect in northern Arizona, has earned 50% of a 100% interest in the mining [...]
Coal Mine Company Exploration, Kent Exploration Inc. Receives Coal Mine Disposition Permit for 33 Saskatchewan Coal
Kent Exploration Inc. reports it has received first-priority comfort letters from Saskatchewan Energy and Resources on 25,344 hectares of ground northwest of Hudson Bay. Two of the townships that comfort letters have been received for have rail access and are south of North American Gem’s “Adamas” discovery and approximately 10 and 20 km respectively north-west [...]
Oil Mining Exploration Company Develope Oil Shale Projects
Mr. Marc Dame, President and CEO of Goldnev Resources Inc., announces that it has completed drilling a total of four of its planned ten core hole exploration and development drilling program on its oil shale permits in Pasquia Hills, Saskatchewan. The remaining six core holes subject to weather conditions are expected to be completed in [...]
Mining Exploration Reported in Saskatchewan, Oil Shale Drilling Program for Pasquia Hills
Mr. Marc Dame, President and CEO of Goldnev Resources Inc., announces that it has completed drilling a total of four of its planned ten core hole exploration and development drilling program on its oil shale permits in Pasquia Hills, Saskatchewan. The remaining six core holes subject to weather conditions are expected to be completed in [...]
Mining Exploration Company, Cameco Announce Q2 Earnings
Saskatoon-based Cameco Corporation’s net earnings declined 27% year on year to C$150-million, from C$205-million a year earlier, the company reported on Thursday.
After stripping out once-off items, Cameco posted adjusted net earnings of C$142-million, 30% lower than in the second quarter of 2007.
Profit was affected by lower uranium sales volumes, which more than offset higher realised [...]
Canada Mining Exploration Trade and Mine Price in Market
Canadian stocks fell, capping the main index’s eighth weekly drop since June, as commodities producers tumbled on concern that falling prices for oil, metals and grains will reduce profits.
Canadian Natural Resources Ltd. paced a decline in energy producers as oil fell more than $4 a barrel. Potash Corp. of Saskatchewan Inc. retreated after prices for [...]
Wescan Goldfields Receives Coal Mining Exploration Permits in Saskatchewan
Wescan Goldfields Inc. is pleased to announce it has received an initial package of 83 coal permit certificates from the Saskatchewan Ministry of Energy and Resources. These permits are adjacent to the claim block hosting the major coal discovery previously announced by Goldsource Mines Inc. (”Goldsource”) (see Goldsource news releases dated April 22 and April [...]
Custody of Location Mine Exploration in Saskatchewan After Talks Fail
About 500 workers picketed the first of three Potash Corp. mines in Saskatchewan on Monday morning after the company and three unions failed in last-ditch efforts to reach an agreement late last week.
Following the rejection of the company’s latest offer on Friday, United Steelworkers union members at the Cory, Allan and Patience Lake potash sites [...]
