Archive for the 'World' Category

Australian company claims sabotage by Phillipines anti-mining lobby

An Australian mining company says the anti-mining lobby in the Philippines attempted to sabotage its operations in 2006.
Lafayette Mining Incorporated is about to resume production on the island of Rapu Rapu after the lifting of a 15 month ban.
The Philippines Government ordered Lafayette to shut-down its gold, silver and copper mine on Rapu Rapu island […]

Sunday, February 11th, 2007

Oremex Commences Drilling at San Lucas Property

VANCOUVER, Canada — Oremex Resources Inc. (TSX-V: ORM) (the “Company”) announces that it
has commenced drilling on its San Lucas Property 80 km north of Durango in
the State of Durango, Mexico.
“The San Lucas Property has significant exploration potential. The
5,000-metre program of drilling will begin to test extensions of
mineralization along strike and below […]

Sunday, February 11th, 2007

Court upholds $4 million verdict against Tulsa gas drilling company

DENVER The Colorado Court of Appeals is upholding a four (m) million-dollar jury verdict against an Oklahoma gas-drilling company.
Tulsa-based Williams Production Company was ordered in 2004 to pay the award to a rancher who said he hadn’t been paid all the natural gas royalties he was due.Williams appealed the verdict and argued that some evidence […]

Sunday, February 11th, 2007

Appeals court upholds $4 million verdict against drilling company

DENVER (AP) — The Colorado Court of Appeals on Thursday upheld a $4 million jury award to a western Colorado sheep rancher who argued a natural-gas drilling company had not paid him all the royalties he was due over several years.
Tulsa, Okla.-based Williams Production Co. had appealed the August 2004 verdict, arguing that evidence was […]

Sunday, February 11th, 2007

Oremex Commences Drilling at San Lucas Property

VANCOUVER, Feb. 9 /CNW/ - Oremex Resources Inc. (TSX-V: ORM) (the
“Company”) announces that it has commenced drilling on its San Lucas Property
80 km north of Durango in the State of Durango, Mexico.
“The San Lucas Property has significant exploration potential. The
5,000-metre program of drilling will begin to test extensions of
mineralization along strike and below previously drilled […]

Sunday, February 11th, 2007

New nickel mine discovered in Dominican Republic

TORONTO, ONTARIO.- The Canadian GlobeStar Mining Corporation has announced the new discovery of nickel bearing laterites at Loma Mala in the Dominican Republic.
According to a press release dated 9 February, Loma Mala has previously never been drilled and is located 1.5 kilometres southwest of GlobeStar’s Cumpie Hill nickel laterite discovery and less than 8.5 kilometres […]

Sunday, February 11th, 2007

Asarco seeks to prevent parent company from obtaining tax refund

HELENA, Mont. — The copper mining, refining and smelting company Asarco LLC is asking a judge to prevent its parent company from obtaining a $40.5 million tax refund.
In paperwork filed this week in a Texas bankruptcy court, Asarco requests an injunction to keep mining giant Grupo Mexico from going after the money from the Internal […]

Sunday, February 11th, 2007