Titan Provides Additional Information on the “Norgold” Property

Titan’s “Norgold” property sits adjacent to the old “Sakoose” Gold Mine, which produced gold from 1897 to 1902 until operations were suspended when the mill burned down in 1902. During that time, it was only mined to a depth of approximately 60 metres. Production totaled 3,669 ounces of gold from the 8,828 tons extracted (= 0.41 oz Au /ton). The property has seen limited... 

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Oil Export Project Continues to Deliver Revenue and Create Jobs in Chad

Five years after oil was first produced from the Doba basin in southern Chad, the Chad Export Project continues to provide significant economic growth and development to the country and its residents. Stephane de Mahieu, general manager, Esso Exploration and Production Chad Inc., an ExxonMobil affiliate, discussed the project’s contributions to the nation at the Chad International Oil, Mining and... 

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Chevron Mining agrees to sell Mountain Pass rare earth mining operations

Chevron Mining Inc. today announced that it has entered into an agreement to sell its Mountain Pass rare earth mining operations to Rare Earth Acquisitions LLC. The transaction is expected to close in late September, 2008. REA is a special purpose company owned by Resource Capital Funds, Pegasus Partners IV, LP, The Goldman Sachs Group, Inc., Traxys North America LLC and Carint Group LLC. Included... 

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Feds approve reopening of oil-shale mine

The federal government gave its approval Monday for the reopening of an oil-shale mine in Utah, one of the experimental works intended to boost domestic oil production on Western lands. A top-ranking Interior Department official signed off on the project, and officials said an Alabama-based partnership, Oil Shale Exploration Co., would be offered a lease to work the federal land within days. The approval... 

Roughnecks Get Maids as Shell, Exxon Battle Oil Worker Shortage

Donnie Lewis says he’d quit the coldest, dirtiest job he’s ever known — drilling in Canada’s oil-rich bogs for Suncor Energy Inc. — if it wasn’t for the free private room, maid service and five-course meals. “I wouldn’t do it if I had to share a room with six other fellows, all snoring and making a racket when you’re trying to get a few winks,”... 

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