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Random News from Mining Top News

Halliburton Bids for Expro International

Oilfield services company Halliburton Co. made a conditional bid of $3.36 billion for U.K.-based competitor Expro International Group PLC.
The all-cash bid of $30.14 per share tops the $28.36 per share offer made in April from a consortium led by Candover Partners Limited, valuing the company at $3.16 billion.
Halliburton said it considers Expro’s subsea and flow [...]

Gasco Energy Extends Credit Facility; Provides Update on Gate Canyon Test

Gasco Energy, Inc. announced an amendment to its Credit Agreement and provided an interim operations update on its Riverbend Project in Utah’s Uinta Basin.
On December 10, 2008, the Company closed on an amendment to its Credit Agreement led by JPMorgan pursuant to which the maturity date of the facility was extended one year to March [...]

Tag: gasco energy, kodiak agreement with xto

Drilling Rig Expected to Return to the Mubarek Field in Early November

Sky Petroleum and Crescent Petroleum Company International Limited, the operator of the Mubarek Field, announce that the Rani Woro jackup rig, currently drilling for another operator, is expected to return to the field around November 1, 2006. This date is approximately 45 days later than originally anticipated due to operational delays with the current operator. [...]

Velocity Minerals Ltd. Announces Commencement of Work Program on Cassiar Moly

Velocity Minerals Ltd. announce that it has commenced a work program on its Cassiar Moly property 22 kilometers southwest of its Mt Haskin property near Cassiar in northern British Columbia.
As described in the Velocity Minerals news release of May 7, 2008, strong molybdenite mineralization with quartz and minor chalcopyrite occurs on the property as fracture [...]

Powering China’s Juggernaut: Truckers Hauling Coal

Hunched over his steering wheel, Zhu Dexiu turned the key in the ignition as the engine rumbled awake and his coal truck lurched forward. The journey lasted about 30 feet. Then Mr. Zhu switched off the engine and waited for the next flurry of driving, maybe another 20 minutes off.
It was 2 p.m. His [...]

ONGC in talks to liquefy gas from Sakhalin-1

Flagship Indian energy firm Oil and Natural Gas Corp (ONGC) is in talks over exporting its share of natural gas from Russia’s Sakhalin-1 via Royal Dutch Shell’s nearby LNG terminal, an oil ministry official said on Friday.
The move to make liquefied natural gas (LNG) at Sakhalin-1, a multibillion dollar project on Russia’s Pacific Coast, runs [...]

Valencia Completes Diamond Drilling, Resource Estimation in Progress for Cachinal Silver Project

Valencia Ventures Inc. is pleased to advise shareholders and prospective investors that diamond drilling has been completed at its Cachinal Silver Project in Chile. The program was designed to confirm twin high grade silver intersections previously indicated by reverse circulation drilling. This additional data will assist with completion of the resource estimation and NI43-101 report [...]

Tag: cachinal gold project, valencia, sbx consultores ltd, diamond drilling gonzales, ralph gonzales geology

VIPR Industries Closes Acquisition of Itigi Manyoni Uranium Property

Industries Inc. has completed its acquisition of the highly prospective Itigi Manyoni Uranium Property located in Tanzania. Airborne radiometric surveys have identified uranium anomalies indicating strong potential for significant uranium mineralization on VIPR’s project area.
Radiometric mapping of VIPR’s newly acquired 170 kilometer Itigi Manyoni Uranium Prospect has identified anomalies in multiple zones featuring high uranium [...]

Tag: shanta mining vipr, vipr singida, vipr itigi, vipr industries, vipr mining

Research explores data mining, privacy

As new disclosures mount about government surveillance programs, computer science researchers hope to wade into the fray by enabling data mining that also protects individual privacy.
Largely by employing the head-spinning principles of cryptography, the researchers say they can ensure that law enforcement, intelligence agencies and private companies can sift through huge databases without seeing names [...]

Tag: data mining privacy news

Elray Start to Expose Gold and Copper Ore Body on Porphyry Creek Project

Elray Resources Inc., announce that it has commenced an aggressive program to expose a major ore body to a length totaling 60 meters at a depth of 10 meters on its 100% owned 9,000 hectare Porphyry Creek Project in Cambodia.
“Our independent geologists have high expectations that this activity will confirm the presence of a [...]

Tag: asia thai mining co and madagascar, diamond mining location in cambodia