“Daily updated mining exporation news on coal mining sectors and project”—- Vancouver’s Western Canadian Coal Corp. (TSX:WTN) is loaning US$36 million to Cambrian Investment Holdings Ltd. (CIH), a wholly owned subsidiary of London, U.K.-based Cambrian Mining Plc. (AIM:CBM).
The loan will be used to repay CIH’s existing loan with Investec Bank (UK) Ltd.
Western Canadian Coal will receive [...]

“Daily updated mining exporation news on iron ore mining sectors and project”—-Ontario’s embattled northerners shouldn’t lose hope for prosperity amid shutdowns and layoffs in their once-mighty mining industry because there are signs the downturn is temporary, says the minister responsible for the region and its mines.
“There’s no question that the global financial crisis has had [...]

“Daily updated mining exploration news on oil mining project”—-Volusia County may be far from the oil fields of Texas, but that’s not stopping one local family from searching for black gold deep underground.
“It’s no sure thing,” admits Frank A. Ford Sr., a retired lawyer whose goal is to drill beneath some of the county’s woods [...]

“Daily updated mining exploration news on gold mining project”—- -Gold Reserve Inc.  today announced that its Board of Directors unanimously voted to reject Rusoro Mining Ltd.’s (“Rusoro”) ( unsolicited offer of December 15, 2008 (the [...]

“Daily updated mining exploration news on gold mining project”
The Gold Report: Sheldon, from a macro overview, where do you see the precious metals going? The U.S. government and all central bankers are jumping in at unprecedented levels. The Fed says it’s going to throw in everything it’s got to stimulate. Is it going to [...]

Oil prices rebounded yesterday in what some market analysts believed was only a brief pause for steadily declining crude prices.
Awful holiday retail sales, job uncertainty and shrinking global trade all suggest that demand for energy from businesses and consumers will continue to fall into next year.
“By Tuesday or Wednesday, we could easily see crude oil [...]

Petrofac chief executive Ayman Asfari , says, Finding oil is like an Easter egg hunt: “You can find the first 50pc of the eggs with only 10pc of the effort, then have to use the remaining 90pc of the effort to find the rest of the eggs.”
What he meant by this statement was that most [...]

Do you want to know the cheap Oil prices? Oil prices have hit lows we haven’t seen for a decade.
From a peak of $147 US a barrel in July, the price of oil dropped to a close of about $38 a barrel yesterday, sparking a sometimes furious debate in the process.
On one [...]

“Daily updated world mining exploration project news”—- Venezuela, the biggest oil exporter in the Western Hemisphere, will deal with falling oil income without cutting social spending, President Hugo Chavez said.
“We haven’t been touched this year” by “the worst crisis in the history of the world,” he said today on state television. That will change in [...]

“Daily updated world mining exploration project news”—- Linear Gold Corp. plans to acquire Central Sun Mining Inc. in a friendly stock swap that will create a company that’s aiming to produce 130,000 ounces of gold annually.
Initial production for the enlarged Linear Gold, assuming the deal is completed as planned, will be 45,000 [...]