Arch Coal Inc. said Thursday it agreed to invest $25 million in DKRW Advanced Fuels LLC as part of a deal in which it acquired a 25 percent equity interest in the company.
Arch said in a release that in exchange for the equity interest, it also agreed to extend its existing option agreement with DKRW [...]

They make for a collection of strange bedfellows. But together, they are about to accomplish something unprecedented.
A conservation group, a jewelry company, a ski resort and the federal government have pooled their resources to reclaim an abandoned hard-rock mine complex in Mineral Basin that has been leaking heavy metals into the [...]

Environmental watchdog Greenpeace has led local coastal communities in a protest against an Australian company set to resume mining operations in the central Philippine island of Rapu-Rapu.
A flotilla comprised of the Greenpeace vessel “Esperanza” and 70 small boats sailed in front of Lafayette Mining’s facility in Rapu-Rapu to protest the government’s decision to let mining [...]

Metro Gold Mines Mineral Resources Inc., is a growing gold mining company engaged in the acquisition and development of production properties in South and Central America.
“Our Company advised our shareholders in a recent press release of a minimum of six mines that had been secured during the corporate meetings that took place in Medellin, Colombia,” [...]

Australian-Canadian Oil Royalties Ltd. has reported that the operator of VIC/P54 states that the Longtom-3 H (Horizontal) well was drilling ahead at a measured depth of approximately 13,386 feet.
Longtom 3 H (Horizontal) has, to date, intersected approximately 1771 feet of gas reservoir sands in the lower part of the Admiral Formation, making a total of [...]

The Company is pleased to announce that it has farmed-out a working interest in its 100%-owned, 2 3/4 section Paddle River prospect to an independent industry partner. The farm-out agreement calls for the farmee to provide 75% of the drilling, completion, and tie-in funds in return for 37.5% of production. The farmee also has an [...]

Peak Group Asia Pacific, part of the Norway-based AGR Ability Group ASA, is to provide essential services for the drilling of at least 13 offshore exploration and development wells in Australia under a major multi-well, multi-client well construction programme.
The project, involving expenditures of some US$100 million, will embrace at least four operators. Drilling will be [...]

Turkey-focused gold explorer Ariana Resources toasted gains Wednesday as it announced the start of drilling at the Kiziltepe prospect within its 100% owned Sindirgi gold project, western Turkey.
A total of 37 drill holes are planned as part of the 3,700m diamond drilling programme to depths of up to 150m.
A key objective of the current [...]

Empyrean Energy reports that the Sugarloaf-1 exploration well, located in the onshore Gulf Coast Basin in Texas, USA, was drilling ahead in 17-1/2″ hole at 3,289 feet (1,003 meters).
Since the last report advising the spud of the well, 18-5/8″ casing was successfully set at 910 feet (277 meters).
The Sugarloaf well has a number of geologically [...]

The Petroproducción subsidiary of Ecuador’s state oil company Petroecuador plans to contract two drilling rigs by October to drill five wells on block 15’s Limoncocha and Edén Yuturi fields, according to Block 15 documents obtained from Petroecuador by BNamericas.
As of August 15, production on the block was 100,113 barrels of crude a day (b/d) compared [...]