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Random News from Mining Top News

Merrill’s Hambro Tops Mining Funds on `Small-Caps’

For Evy Hambro, who manages the world’s biggest mining fund at Merrill Lynch & Co., small is profitable.
Hambro steered the $6.6 billion fund to the best performance this year among 270 peers tracked by Standard & Poor’s by increasing investments in small and mid-sized companies. Shares of Hambro’s top performers, Perilya Ltd. of Australia and [...]

Tag: palladium small cap companies, wrightman fletcher mc cabe

Metalex Ventures Ltd. – 106 purple diamonds in Quebec rock samples

Metalex Ventures Limited in conjunction with its joint venture partners Dianor Resources Inc. and Wemindji Exploration Inc. (Wemex) are pleased to announce receipt of final diamond results for one hundred and eleven (111) reconnaissance surface rock samples taken on the Joint Venture’s Ekomiak II; IV; V; VI; and VII properties in the James Bay [...]

Tag: mining rock samples, expensive purple rocks, archean conglomerate source kimberlite, purple mine rocks, metalex resources

Venezuela opts for oil contracts in euros

Venezuelan state oil giant PDVSA has decided to sign some oil contracts in euros in the face of a plummeting dollar, local media reported, citing officials.
“There are some contracts in euros, contracts for crude, products and spot markets in euros. This is a subject which we are working on,” said energy minister and Petroleos de [...]

Terra Nostra Strengthens JV Management Team

Terra Nostra Resources Corporation (OTCBB: TNRO) a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased to announce the appointments of Mr. Nai Biao Zhai as General Manager of Shandong Quanxin Stainless Steel Co Ltd. (SQSS) and Mr. Bao Dong Han as General Manager of Shandong [...]

The Linde Group enters into joint venture with SINOPEC subsidiary in China

The technology group The Linde Group has entered into a joint venture with SINOPEC Fujian Petrochemical Company Limited (FPCL), a subsidiary of China Petroleum & Chemical Corporation (SINOPEC), for the long-term supply of industrial gases to customers in the province of Fujian in south-eastern China. This collaboration will result in a capital outlay of around [...]

Citgo Petroleum and Environmental Manager Indicted for Environmental Crimes

A federal grand jury in Corpus Christi, Texas, returned a 10-count indictment today, charging Citgo Petroleum Corporation, its subsidiary, Citgo Refining and Chemicals Co., and the environmental manager at its Corpus Christi East Plant Refinery with criminal violations of the Clean Air Act (CAA) and the Migratory Bird Treaty Act (MBTA), the Justice Department [...]

BP acquires another wind company

BP Alternative Energy announced the acquisition of Orion Energy, LLC., increasing its renewable capacity and position in the wind industry.
With the newly acquired generating capacity, the BP subsidiary based in Texas will increase its North American wind portfolio and gain the opportunity to develop almost 100 projects with a total potential generating capacity of about [...]

Foreign firm acquires four Uranium properties in Tanzania

Douglas Lake Minerals Inc has announced the company has successfully acquired four Tanzanian uranium properties that cover an area of approximately 500 square kilometres.
Two of the properties are located in Northern Tanzania in the Babati region, said Harp Sangha, CEO/President of the firm.
Initial reports provided by DLKM�s geological consultants, Geosource Explorer, have determined that [...]

Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds [...]

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Uranium Star Corp. Provides Update on TSX Venture Exchange Listing Status

Uranium Star Corp. is pleased to provide an update relating to the Company’s application for Tier 1 status on the TSX Venture Exchange (TSX-V)
The application process required a number of significant submissions to the TSX-V in order to meet their listing criteria. The Company has now submitted all requested updates and enhancements, and a [...]