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Random News from Mining Top News

ATI Petroleum (ATIP) officially listed on the NYSE/EURONEXT

July 5th, 2007

At 17:00 p.m. Paris time, July 3, 2007, the securities of ATI Petroleum (a member of the ATI group) were officially listed on the NYSE/Euronext. On July 6, 2007, Europe Finance et Industrie (EFI) – a European underwriter, will ensure that ATI Petroleum will trade the necessary number of initial shares at a nominal price. [...]

More Australia oil exploration needed

March 18th, 2008

Australia is the oil and the poor must intensify exploration in the context of efforts aimed at ensuring the country’s energy security, the federal Minister of Energy says Martin Ferguson.
There are hundreds of years, the value of coal and gas, but only one to two decades of known resources of oil and condensate, he said.
“The [...]

Cluff Gold plc – Commissioning of the Kalsaka Gold Mine in Burkina Faso

July 21st, 2009

Cluff Gold plc, the West African focused gold mining company announces that, as at 30 June 2009, the operations at the Kalsaka Gold Mine have reached the required standard at which successful commissioning has been achieved.
Gold was first poured at the Kalsaka Gold Mine in October, 2008 and since that time performance has incrementally increased [...]

Vantage Drilling Company Announces Contract Award for Ultra-Premium Jackup Emerald Driller

August 22nd, 2008

Vantage Drilling Company announced that its ultra-premium jackup rig, the Emerald Driller has been awarded a two year contract to operate in Southeast Asia. The contract is expected to commence early February 2009, following the completion of its construction and commissioning activities in Singapore. The contract is subject to cost escalations and may be extended [...]

Eaglecrest Announces US$1.5 Million Private Placement

December 23rd, 2008

Eaglecrest Explorations Ltd. announce a proposed non-brokered private placement of up to 30,000,000 units at the price of US$0.05 each to raise aggregate gross proceeds of US$1.5 million. Each unit will be comprised of one common share and one full warrant, which can be used to purchase one additional common share in the capital [...]

Natural Resource closes coal acquisitions

July 1st, 2006

Coal properties owner and manager Natural Resource Partners LP has closed two acquisitions of coal reserves in Indiana and Maryland totaling $16.35 million.
The first acquisition for $10.85 million comprises coal reserves in Indiana. The acquisition consists of 16.3 million tons of coal reserves and an overriding royalty interest on an additional 2.4 million tons. These [...]

Enterra Energy Trust Announces February Distribution of US$0.06

January 19th, 2007

Enterra Energy Trust announces that a cash distribution of US$0.06 per trust unit will be paid on February 15, 2007 in respect of January 2007 production. This reduction from the distribution of US$0.12 per unit paid in each of the last six months is consistent with Enterra’s policy of maintaining a conservative payout ratio in [...]

South Africa: De Beers Buys More African Diamonds

September 22nd, 2006

DIAMOND giant De Beers had bought another 1,22-million shares in diamond exploration company African Diamonds for ã‚£2,1m to raise its stake to 5,96%, African Diamonds said yesterday.
The deal is insignificant in relation to the size of De Beers but underlines the group’s interest in African Diamonds’ findings, particularly in Botswana.
De Beers has a policy of [...]

Texas Wyoming Drilling, Inc. Enters Into Agreement With Legacy Rock Company

October 5th, 2009

Texas Wyoming Drilling, Inc. a publicly traded company on Pink Sheets, has announced that it has entered into a joint venture agreement with Legacy Rock Company, a Nevada based corporation, to mine and distribute Calcium Carbonate from properties owned by Legacy Rock Company. TWDL will be in charge of operations and profits will be divided [...]

Analyst Report on GNAU, PHUN, IDGG and SKNY by BellwetherReport.com

July 25th, 2008

BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased analyst opinions on the companies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports. Today, we have once again scheduled interviews with a number of [...]