Monday, August 4, 2008

World Mining News:Gold exploration project for Trundle

The Parkes Shire may be in for another mining boom following the announcement of an exploratry project at a property near Trundle.

Robert Brown, President and CEO of Calibre Mining Corporation announced this week that the Canadian company has initiated a 7-hole 3,700 metre diamond drill program.

The Trundle property is a 78-square kilometre tenement immediately adjacent to the township.

A mine near Turndle would add to the Northparkes copper-gold district that has produced 864,500 ounces of gold and 616,400 tonnes of copper.


Calibre is earning a 70 per cent interest in the Trundle tenement from Western Plains Resources Ltd by completing exploration expenditures totalling AU$3 million over a three-year period with a minimum work commitment of $600,000 in the first year.

Calibre can earn an additional 20per cent interest in the project by completing a Feasibility Report.

Trundle contains widespread evidence of porphyry and skarn-style copper-gold mineralisation associated with several discrete intrusive centers.

Historical shallow rotary air blast and air core drilling on four of these centres confirmed the presence of copper and gold mineralisation coincident with skarn and porphyry-style alteration and airborne magnetic highs.

GOS Drilling of Cobar has been contracted to carry out a 3,700 metre diamond drilling program.

The program focuses on the northern targets of Mordialloc, Bloomfields and Yarrabandai and is designed to test targets at depth (greater than 500m) for high grade porphyry Cu-Au mineralisation.

World Mining News-Vast reserves of gold discovered in Irish hills

Henry McDonald
The Guardian, Wednesday July 2 2008
Article history

Not many people have heard of the village of Clontibret, tucked away amid the rolling hills of Ireland’s County Monaghan.

Its biggest claim to fame - albeit from about 400 years ago - is that it was one of the few places to repel the forces of Elizabeth I during the conquest of Ireland in the 16th century.

But for the village population of just over 300, that is all about to change.

Yesterday a mining company announced that Clontibret is to become Ireland’s Klondyke after a major gold find in the area that could be the largest anywhere in the British Isles.

Conroy Diamonds and Gold issued a formal announcement to the London Stock Exchange that an area just outside the village has more than 1m ounces of gold.

With precious metal prices soaring in these times of global economic instability, the exploration company estimated that the gold deposits could be worth up to £450m.

Professor Richard Conroy, the chairman of Conroy Diamonds and Gold, said: “There’s never been a gold mine anywhere near this size in Ireland and the UK.”

The declaration is expected to attract interest from major international players in the industry and raise hopes in the historically deprived border region of a modern-day gold rush that could restore its fortunes.

The rising price of gold in recent years - presently around £450 an ounce - has seen Scotland’s Cononish mine, near the village of Tyndrum, reopen after having lain dormant for years.

Conroy Diamonds and Gold, which has launched a study into the economic viability of mining the gold, said the deposits in County Monaghan were at least four times the amount in the Scottish mine. “We know there is a lot of gold in the area, but we still have to … determine how economic it is going to be to mine it,” said the chairman. It has been estimated that further excavation could increase the existing indicated resources of 440,000 ounces and additional inferred resource of 590,000 ounces.

Although the grade of the gold in County Monaghan is low by world standards, the size of the find and the surging prices of the metal mean it could still be hugely profitable.


World Mining News-TBJ poll: Readers mixed on N.C. oil drilling Triangle Business Journal

Today’s mining news on Oil drilling off the North Carolina coast: A good way to cut prices or a rig to nowhere? According to Triangle Business Journal readers, it depends on who you ask.

From July 23 through July 29, visitors to TBJ’s Web site were asked to answer the poll question: “Would drilling for oil off the North Carolina coast help reduce gas prices?”

We asked the question because the issue has been in the news recently. Republicans including President Bush and presidential candidate John McCain say they favor offshore oil drilling, which is currently banned by federal law, because it would increase supply and thus lower prices. Democratic candidate Barack Obama doesn’t favor a switch, saying that offshore drilling is a bait-and-switch that would have no immediate impact.

As for TBJ readers? Of the 825 people who responded to our unscientific survey, 33 percent said drilling would help “a lot” to ease gas prices. Another 23 percent of people agreed that it would help, though “only a little.”

On the flip side, 33 percent of respondents say drilling wouldn’t help at all. The remaining 11 percent of voters picked the option, “It doesn’t matter. We shouldn’t drill.”

The question sparked numerous comments. What follows is a list of some of those comments, all of which were made anonymously:

Adding supply helps meet demand and lowers the price point on the graph. It doesn’t matter if it takes a while to make a difference; if we don’t add supply we will only face higher prices down the, ahem, road as the developing world continues to increase their usage.
Continuing to drill for oil is not the solution to the energy crisis facing this country. Money should be poured into to finding alternative sources of “clean” power/energy to meet our future needs. I don’t believe there is one solution, and much of the economy will still need to run on oil, but we must find other ways to meet our needs. Continuing to drill for oil is yesterday’s solution.
I think anything we do to show that we can produce our own oil will stop a lot of the speculation and increased pricing from other nations that we are dependent on.
The risks to the environment and the forestalling of the urgent need to move to a non-carbon-based economy are not worth it, even if drilling off the coast would make a difference.
It’s really not going to help that much on its own. Drilling should be allowed everywhere off the U.S. coast and in Alaska to help reduce our dependence on foreign oil while we develop other energy alternatives.
In the long term, sure, it would help. But only in the long term. And only a little bit. Why risk the coastline – hurting not just the environment but the long-term economy – for short-lived, de minimis gains?
Even Bush states that we are oil addicts. We want an easier answer with no pain. Sorry, folks, we should have thought about that 30 years ago but we chose our materialistic, greedy lifestyle over a long-term energy solution. We still have a chance but it is to move forward with a “Manhattan” like project to build electric motors for our cars and nuclear plants for our major power source.

To vote on this week’s poll, which asks about curfews for teenagers at local malls in light of last week’s fight at Triangle Town Center, click here.


Friday, August 1, 2008

Farming Biodiesel Inc. Farm of the Future is Open Projected to Produce 15,000,000 Gallons of Biodiesel a Year by 2010

This news release is about farming Biodiesel Inc a 1500 Acre Self Sufficient Jatropha Farm in the Californian Desert now planting biodiesel fuel stock using various farming methods to produce biodiesel.

Desert Center, CA, July 20, 2008 –(PR.com)– Farming Biodiesel Inc. Opened on July 1st, this farm which is located in the desert of Southern California is a social farming organization using various farming methods to farm bio-fuel stocks to help eliminating Petro diesel. Utilizing green technologies such as solar, wind, with the integrating of Fish, vegetable crop and live stock the farm of the future is virtually self sufficient.
Farming Biodiesel Inc is now over 1500 acres and when fully planted will by over 30,000 acres…

Farming Director Michael Reardon Quote

“Here at Farming Biodiesel Inc we are committed to creating a renewable clean alternative to petro diesel. By reclaiming desert waste lands and turning them into profitable farms the effect is immediate on the local economy, by providing jobs, housing, and health insurance to over 1000 people per acre of farmland. Biodiesel can be mass produced and distributed at a cost of $3.75 per gallon. Farming Biodiesel Inc. is currently involved in 14 projects in 5 different countries, Farming Biodiesel Inc . . . . Encourages every American to research all alternative sources to petro fuels. The only way the United States will become free of petro use for fuel is by educating your self’s and taking action , even if you only write your congress man to support Farming for Biodiesel and alternative fuels.”
Source: worldminingexploration.com

World Minerals Alternative Energies-Announces a New Product Development Launch for the Reduction of Plate Out in PVC

World Minerals launches new products to control plate out in PVC pipe and profile manufacturing. They were designed by World Minerals to reduce die build up or “plate out” on the extrusion line and improve overall quality and surface finish of the extruded part. Santa Barbara, CA, July 23, 2008 –(PR.com)– World Minerals, a global mining and minerals company and a world leader in the manufacturing of high quality filter aids and functional mineral additives, has announced the launch of two new additives for polyvinyl chloride (PVC), Europerl® 60 and Harborlite® 205P. These products are fine grades of alumino silicate and are used as extrusion aids particularly applicable for use in PVC polymers. They were designed by World Minerals to reduce die build up or “plate out” on the extrusion line and improve overall quality and surface finish of the extruded part. Used as a processing aid in PVC, these new products allow for longer production runs with fewer stoppages for cleaning. The additives inhibit the build up of hard deposits often caused by the reactions of the stabilizer systems and mineral build up. They are also effective against the softer organic deposits associated with waxes. As well as reducing line stoppages, these products can improve the internal and external surface quality, help reduce scrap and improve appearance. These products can work with a variety of stabilizer systems and can improve both rigid and flexible formulations. They were designed to be particularly applicable to pipes, door and window profiles, sidings, flooring and other high output extrusions. Produced in the United States and European locations, the products can be shipped globally. For further information, please visit www.worldminerals.com or contact: Cindy Stoutenborough Marketing Communications 130 Castilian Drive Santa Barbara, CA 93117 +1 805-562-0210 phone +1 805-562-0298 fax cindy.s@worldminerals.com World Minerals Inc, a member of Imerys, is the world’s leading supplier of diatomite products and expanded perlite products for filtration. During more than 100 years in business, they have developed systems that maximize the performance of filter aids and functional additives in terms of cost efficiency, quality and versatility. The products have many applications in everyday life, including beverage filtration, paint, plastic, construction and personal care. For more information visit the website: www.worldminerals.com. ### Contact Information World Minerals, a member of Imerys Cindy Stoutenborough 805-562-0210 cindy.s@worldminerals.com www.imerys.com info@worldminerals.com +1 805 562 0200
Source: worldminingexploration.com

World Mining News-TBJ poll: Readers mixed on N.C. oil drilling Triangle Business Journal

Today’s mining news on Oil drilling off the North Carolina coast: A good way to cut prices or a rig to nowhere? According to Triangle Business Journal readers, it depends on who you ask.

From July 23 through July 29, visitors to TBJ’s Web site were asked to answer the poll question: “Would drilling for oil off the North Carolina coast help reduce gas prices?”

We asked the question because the issue has been in the news recently. Republicans including President Bush and presidential candidate John McCain say they favor offshore oil drilling, which is currently banned by federal law, because it would increase supply and thus lower prices. Democratic candidate Barack Obama doesn’t favor a switch, saying that offshore drilling is a bait-and-switch that would have no immediate impact.

As for TBJ readers? Of the 825 people who responded to our unscientific survey, 33 percent said drilling would help “a lot” to ease gas prices. Another 23 percent of people agreed that it would help, though “only a little.”

On the flip side, 33 percent of respondents say drilling wouldn’t help at all. The remaining 11 percent of voters picked the option, “It doesn’t matter. We shouldn’t drill.”

The question sparked numerous comments. What follows is a list of some of those comments, all of which were made anonymously:

Adding supply helps meet demand and lowers the price point on the graph. It doesn’t matter if it takes a while to make a difference; if we don’t add supply we will only face higher prices down the, ahem, road as the developing world continues to increase their usage.
Continuing to drill for oil is not the solution to the energy crisis facing this country. Money should be poured into to finding alternative sources of “clean” power/energy to meet our future needs. I don’t believe there is one solution, and much of the economy will still need to run on oil, but we must find other ways to meet our needs. Continuing to drill for oil is yesterday’s solution.
I think anything we do to show that we can produce our own oil will stop a lot of the speculation and increased pricing from other nations that we are dependent on.
The risks to the environment and the forestalling of the urgent need to move to a non-carbon-based economy are not worth it, even if drilling off the coast would make a difference.
It’s really not going to help that much on its own. Drilling should be allowed everywhere off the U.S. coast and in Alaska to help reduce our dependence on foreign oil while we develop other energy alternatives.
In the long term, sure, it would help. But only in the long term. And only a little bit. Why risk the coastline – hurting not just the environment but the long-term economy – for short-lived, de minimis gains?
Even Bush states that we are oil addicts. We want an easier answer with no pain. Sorry, folks, we should have thought about that 30 years ago but we chose our materialistic, greedy lifestyle over a long-term energy solution. We still have a chance but it is to move forward with a “Manhattan” like project to build electric motors for our cars and nuclear plants for our major power source.
Source: worldminingexploration.com