El Nino Ventures options Bathurst project to Votorantim Metals Canada Inc.

El Nino Ventures Inc. announce that Votorantim Metals Canada Inc. (Votorantim) has elected to enter into a Memorandum of Understanding (MOU) with the Company concerning a geological due diligence and subsequent option Agreement whereby Votorantim may elect to earn up to a 70% interest in 1805 mineral claims in the Bathurst Mining Camp, New Brunswick, in which ELN owns 50% interest and Xstrata Canada... 

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NEC Secures USD 10 Million Loan

Norse Energy Corp. ASA announce the closing of a USD 10 million loan from clients of Sector Asset Management, which is also the company’s largest shareholder. Maturity is 31.12.2009 and the loan carries an annual interest of 10 percent. The purpose of the loan is to bridge-finance the continued positive development of the US operations and to improve financial flexibility. Norse Energy Corp. ASA... 

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Ecopetrol and Anadarko Signed an Agreement to Undertake Oil Exploratory Activities in Brazil

Ecopetrol S.A., through its Brazilian subsidiary, Ecopetrol Oil Gas do Brasil Ltda., signed a Participation Agreement with Anadarko’s subsidiary, Anadarko Exploracao e Producao de Petroleo e Gas Natural Ltda. Through this agreement, Ecopetrol Oil Gas do Brasil Ltda. will have a 50% participation in the BMC-29 Concession in Brazil. The BMC-29 Concession is an offshore concession located in the... 

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Aurora Gold Corporation Announces Further Mineralisation at the So Joo Gold Project Areas

Aurora Gold Corporation, a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil, is pleased to announce further mineralisation has been mapped at the São João project. Clearing for the ground geophysics surveys has enabled the Company to access previously unmapped areas. This mapping program has discovered new mineralised quartz... 

ExxonMobil Enters Black Sea with Exploration Agreement in Turkey

Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration. ExxonMobil will become operator during the initial exploration phase and earn... 

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Thomas W. Hofmann to Retire from Sunoco, Inc.

Sunoco, Inc. announced that Senior Vice President and Chief Financial Officer Thomas W. Hofmann will retire effective December 1, 2008. Hofmann, 57, began his career at Coopers & Lybrand (now PricewaterhouseCoopers) and worked in increasingly responsible positions during his 32 years of service at Sunoco, culminating in his being named Chief Financial Officer in 1998. “Over his career Tom has... 

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Recent Election Strengthens Democracy of Oil Rich Angola

The world witnessed a step towards a fundamental element of peace, stability and socio-economic development when Angolan citizens voted during the legislative poll held September 5, 2008. An Australian professional mining company CityView Corporation is rewarded for its foresight and now revels in a most enviable position. Oil is the backbone of Angola’s economy and they have some of the most ambitious... 

DuPont Titanium Technologies Announces a Price Increase for Ti-Pure Titanium Dioxide Products in Europe, Middle East and Africa Regions

DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Europe, Middle East and Africa regions. Effective Oct. 15, prices for DuPont coatings, plastics, specialty, paper and laminate titanium dioxide grades will increase by 150 Euros per tonne in all Euro markets of Western and Central Europe and North Africa regions and by $120 per... 

Caterpillar Aligns to Better Serve Customers and Focus Accountability

To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development. “We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar... 

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Drilling Commences at Atna’s Clover Project

Atna Resources Ltd. has been informed by Yamana Gold Inc. that it has commenced a second round of drilling on Atna’s Clover project in Elko County, Nevada. Yamana’s program at the Clover project will include up to 10 reverse circulation rotary drill holes (8,000 to 9,000 feet) to follow-up the encouraging gold and silver results intersected in the 2007 drilling. In 2007, Yamana cut several...