Pride International, Inc reports; Contract Award for Deepwater Semisubmersible Rig Pride South Pacific

Pride International, Inc as reported by media has just released news saying that the company announced that its deepwater semisubmersible rig, the Pride South Pacific, has been awarded a two-well, estimated 90-day contract by an international oil and gas exploration and production company for drilling operations offshore West Africa. The contract is expected to commence [...]

Posted by Dahlan on July 23rd, 2008 In General, Oil and Gas

Cash Distribution by Pengrowth Energy Trust

Pengrowth Corporation, administrator of Pengrowth Energy Trust was reported today that it has just released a report on its August 15, 2008 cash distribution will be Cdn $0.225 per trust unit. The distribution is net of amounts withheld to partially finance capital expenditures. The ex-distribution date is July 29, 2008. The distribution will be payable [...]

Posted by Dahlan on July 23rd, 2008 In General, Oil and Gas

Legacy Reserves LP on Quarterly Cash Distribution

Legacy Reserves LP is reported to have announced to the public that the board of directors of its general partner has approved a cash distribution attributable to the second quarter of 2008 of $0.52 per unit, payable on August 14, 2008 to unitholders of record at the close of business on August 1, 2008. This [...]

Posted by Dahlan on July 23rd, 2008 In General, Oil and Gas

Cano Petroleum, Inc’s Reserves and Operational Update

Cano Petroleum, Inc has recently told the press about the results of its Fiscal Year End Reserves as prepared by Miller and Lents, Ltd., its new independent petroleum engineer. Proved developed producing (PDP) reserves increased 25% to 10.6 million barrels of oil equivalent (BOE) up from 8.5 million BOE (after FY ’08 production of 0.5 [...]

Posted by Dahlan on July 23rd, 2008 In General, Oil and Gas

Selwyn Resources Confirms Management Structure and Focus

Selwyn Resources Ltd. is pleased to inform shareholders that Dr. Meade, Mr. McKnight and Mr. Dunning are not continuing as senior management with Yukon Zinc Corporation following the sale of that company to Jinduicheng Molybdenum Group, Ltd. and Northwest Nonferrous International Investment Company, Limited. These senior managers will now devote all of their time to [...]

Posted by Memble on July 22nd, 2008 In Mining Stocks, Press Release, Steel & Iron Mining

Drilling Planned on Raytec’s Athabasca Uranium Projects

Raytec Metals Corp. is pleased to provide an update on exploration work being carried out by its joint venture partner, Triex Minerals Corporation (”Triex”), on the Company’s Riverlake and Highrock uranium projects in the prolific Athabasca Basin of Saskatchewan.
Riverlake and Highrock Uranium Projects - Triex Minerals JV
As of April 2008, Triex has completed data collection [...]

Posted by Memble on July 22nd, 2008 In Press Release, Uranium Mining

American Metal & Technology, Inc. Announces Preliminary Second Quarter 2008 Results

American Metal & Technology, Inc., a leading manufacturer in the People’s Republic of China engaged in the development, manufacture and sale of high-precision metal casting and metal fabrication products to European and U.S. markets and microprocessor- controlled electronic circuit boards in China, today announced preliminary results for the second quarter ended June 30, 2008. The [...]

Posted by Memble on July 22nd, 2008 In Mining Equipment, Precious Metal

Lundin Mining Corporation: Tenke Project Update

Lundin Mining Corporation is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. (”Freeport”). Upon completion of this first phase of Tenke development, the [...]

Posted by Memble on July 22nd, 2008 In Copper Mining, Mining Equipment, Press Release

SRA Announces Robust Scoping Study on Germanium and Gallium

Strategic Resource Acquisition Corporation is pleased to announce the results of a preliminary assessment (”scoping study”) conducted by Aker Metals on the economic viability of a process to recover both Germanium (Ge) and Gallium (Ga) in the zinc leachate from smelting Mid-Tennessee zinc (MTZ) concentrate.
The study is based on a projected plant feed of 13,000 [...]

Posted by Memble on July 22nd, 2008 In General, Precious Metal, Press Release

AMR Outlines Export Tariff Increase Impact on Ban Phuc Nickel Project

Asian Mineral Resources Limited announced the steps it plans to take to deal with the impact on its Ban Phuc nickel project of the recently announced increase to 20% in the Vietnamese export tariff on nickel concentrates.
AMR has initiated discussions with the appropriate Vietnamese governmental authorities and has begun enlisting the support of other interested [...]

Posted by Memble on July 22nd, 2008 In Copper Mining, Mining Stocks, Nickel Mining, Press Release