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Random News from Mining Top News

Petroleum Development Corporation Successfully Completes Unioil Tender Offer

Petroleum Development Corporation and Unioil announced today that PDC has successfully completed its cash tender offer to purchase all outstanding shares of common stock of Unioil.
Based on information provided by Computershare Trust Company, which is acting as the depositary for the tender offer, 9,112,750 shares of Unioil common stock, representing approximately 95.5% of [...]

Tag: unioil petroleum corp

Great Western Minerals Group Retains Investor Relations Firm

Great Western Minerals Group Ltd. announced today that it has entered into an investor relations agreement with Stone Communication Services Limited (“SCS”) of Toronto, Ontario (the “Agreement”).
SCS specializes in the execution of tailored, strategic communication programmes for emerging companies and will introduce GWMG to Stone Communications’ network of brokers, analysts and portfolio managers. SCS is [...]

Tag: great western minerals stock, mining investor relations firms, investor relations firm specializing in mining, investor relations firms for the mining industry

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 [...]

American Agip Company, Inc. Company Profile

You might say that American Agip is as slick as a whistle. Formed in 1987, the subsidiary of Italian energy heavyweight Eni operates three major petrochemical businesses: the manufacturing and marketing of lubricants; the marketing and trading of MTBE and methanol; and the trading of refined petroleum products. American Agip supplies more than 11,000 bulk [...]

Tag: agip westbury ny, american agip westbury ny, agip e p usa

Xcel wind energy program too costly, activists say

Xcel Energy, which is planning a wind power marketing initiative in North Dakota, wants to charge too much for the renewable electricity, wind energy development supporters say. State regulators are wondering whether any premium is justified.
Xcel’s Windsource program would offer North Dakota customers 100 kilowatt-hour blocks of wind energy for about $3, if [...]

Norilsk Nickel boosts investment program

Norilsk Nickel has boosted its investment program by 50 percent to RUR34bn (approx. USD1.32bn), the company’s General Director Denis Morozov said in the interview for Norilsk Nickel’s corporate magazine. He explained that the company needed heavy investment in its production. Therefore, Morozov said that Norilsk Nickel would hike its ore production from 21m tonnes to [...]

Transocean to Market Newbuild Drillships for Pacific Drilling

Transocean’s affiliate, Transocean Offshore International Ventures Limited, has entered into an agreement with Pacific Drilling Limited, providing Transocean with the exclusive marketing right for two currently unnamed deepwater drillships under construction, as well as an option to purchase a 50% interest in a joint venture company through which Transocean and Pacific Drilling would own the [...]

Aegean Marine Petroleum Network Inc. Announces Fourth Quarter and Full Year 2006 Conference Call and Webcast

Aegean Marine Petroleum Network Inc. announced that it will hold a conference call to discuss the Company’s results for the fourth quarter and full year of 2006 on Thursday, March 1, 2007 at 9:00 a.m. Eastern Time. The Company will issue financial results for the fourth quarter and full year ended December 31, [...]

Philex Mining metal exports reached P819M in January

Philex Mining Corp.’s exports of gold, silver and copper last month were valued at P819 million, the company said.
It said it had shipped 11,614 ounces of gold, 11,064 ounces of silver and 3.7 million pounds of copper last month.
The mining firm said its Banget flotation facilities in the northern province of Benguet had processed 781,865 [...]

Excellon Resumes Normal Production at Platosa

Excellon Resources Inc. announce that it has successfully sealed the area of the unexpected water inflow encountered during normal mine development on October 4th. Dewatering of the mine has now allowed full production activities to resume. On November 30, haulage of ore to surface from underground storage areas was started and routine mining activity was [...]