Stellar Pacific Ventures (SPX) is pleased to announce the beginning of drilling campaign on its Vassan property located in the Val d’Or mining camp today May 23, 2007. The drilling campaign consist of 7 holes totalizing 4,500 metres.
The drilling will be aimed at delineating the Hamelin mineralized structure towards the east and at depth. More […]
Birim Goldfields Inc. is pleased to announce that drilling is set to commence on two prospect areas, the Baobab zone and the Acacia zone, on the Company’s 223 sq. km Sangolo Property in Burkina Faso. The Sangolo Property is located on the Hounde Birimian greenstone belt, an emerging gold belt in Burkina Faso, West […]
Golden Oasis Exploration Corp. is pleased to announce that it has initiated a 21,000 foot drilling program at the Toiyabe project, located within the Battle Mountain-Eureka trend in Northern Nevada.
A core drilling program of the Courtney A fault has begun. This program involves drilling several oriented core holes to determine the exact orientation of […]
In Texas, it seems they’ll drill for oil and gas just about anywhere.
The state’s thirst for petroleum products was underscored on Tuesday when the Chesapeake Energy began drilling operations at an unlikely location — the Dallas/Fort Worth (DFW) International Airport.
Roughnecks lowered a massive gold drill bit into the soil near one of the runways […]
A spokesman for Senator Craig Thomas says Thomas believes that local interests should buy back oil and gas drilling leases if they do NOT want drilling to occur on those leases.
Spokesman Cameron Hardy says Thomas is trying to form a coalition that would do such buyouts. He says Thomas believes that the state also should […]
Nickel fell for a second day in London on speculation rising stockpiles signal slowing usage as producers seek alternatives to the metal in stainless-steel manufacturing. Copper also dropped.
Nickel inventories monitored by the London Metal Exchange rose 1,446 metric tons, or 27 percent, to 6,834 tons, the exchange said today in a daily report, the biggest […]
Shanghai copper fell on concern that overseas purchases by China, the world’s biggest consumer of the metal, may slow following a surge in imports this year and growing domestic stockpiles.
China’s copper imports rose 61 percent to 1.1 million metric tons from January to April from year-ago levels. Shanghai Futures Exchange stockpiles are at their highest […]
African Copper announces the purchase of copper put options giving the Company the right, but not the obligation, to sell up to 5,850 tonnes of copper at a strike price of US$3.00/lb divided evenly over the period April 2008 to December 2008. These contracts are intended to provide protection against the possibility of declining copper […]
An Eastern Kentucky coal operator accused of chronic failure to pay federal health and safety penalties has agreed to post a bond to cover future fines.
Stanley Osborne of Pike County will post a $20,000 bond within 10 days of becoming an operator or agent of a coal company, according to an agreement filed yesterday […]
Foundation Coal Holdings Inc. on Tuesday announced a quarterly dividend of 5 cents per share.
The company will pay the dividend June 28 to shareholders of record June 15.