True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

March 8, 2010 Filed Under: Rare Earth Elements  
True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road... 

The Linde Group to invest in largest air separation plant in India

October 27, 2009 Filed Under: Oil and Gas  
The Linde Group to invest in largest air separation plant in India

The technology group The Linde Group today announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd’s plant in Jamshedpur, India. Tata Steel is one of the world’s leading steelmakers. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde’s largest in Asia. The... 

Prize Mining & Eagle Plains Pour Gold at Yellowjacket Project, Atlin, BC

October 7, 2009 Filed Under: Mining Investment, Precious Metal  
Prize Mining & Eagle Plains Pour Gold at Yellowjacket Project, Atlin, BC

Prize Mining Corp. and its Joint Venture Partner, Eagle Plains Resources Ltd., have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle... 

The Start-up of Ledong Promotes CNOOC Limited’s Gas Production Growth

September 7, 2009 Filed Under: Oil and Gas  
The Start-up of Ledong Promotes CNOOC Limited's Gas Production Growth

CNOOC Limited announced today that Ledong (LD) 22-1, an independent gas field of the Company, has successfully commenced production. Currently, it is producing approximately 30 thousand cubic feet of natural gas per day via 5 wells. About 47 kilometers eastern of the producing field Yacheng 13-1 and 20 kilometers western of LD 15-1 gas field, LD 22-1 is located in the Yinggehai Basin of the Western... 

GE, Sasol Sign Service Agreement for New Power Project That Could Help Ease South Africas Energy Crisis

November 20, 2008 Filed Under: Oil and Gas  

GE Energy announced today that it has signed a 15-year service agreement with South African oil and gas company Sasol. Under the agreement, GE Energy will provide around-the-clock monitoring and diagnostics of Sasol’s new power plant in Secunda, which could help ease South Africa’s energy crisis. South Africa, which has Africa’s largest economy, is in the grip of an electricity supply crunch.... 

AVEVA Exceeds USD3 Million in Contract Wins Within Malaysia and Singapore

November 18, 2008 Filed Under: Mining Contractors, Oil and Gas  

AVEVA has seen remarkable success in Malaysia and Singapore since the start of the company’s financial year beginning April 2008. Four major contract wins for AVEVA solutions, valued at over USD3 million, came from a broad range of sectors including shipbuilding, offshore oil & gas and petrochemicals. Amongst these are Malaysia Marine and Heavy Engineering (MMHE), Sime Darby Engineering... 

PotashCorp Announces Ratification of Labor Contracts at Cory, Allan and Patience Lake

November 14, 2008 Filed Under: Potash Mining  

Potash Corporation of Saskatchewan Inc. announced that employees represented by United Steelworkers’ (USW) Local 7689 at Allan, USW Local 7458 at Cory and USW Local 189 at Patience Lake, voted to ratify collective agreements tentatively agreed upon on November 7. The three-year agreements are retroactive to May 1, 2008. The cost of the settlements does not differ materially from the final offer... 

IFC Provides Financing to Peru’s Oil and Gas Industry Amid Global Credit Crisis

November 10, 2008 Filed Under: Mining Investment, Oil and Gas  

IFC, a member of the World Bank Group, has disbursed a $15 million loan to BPZ Exploración y Producción SRL, supporting a growing Latin American oil and gas company in making use of Peru’s natural resources during a time of tight credit markets. BPZ Exploración y Producción is a Peruvian subsidiary of BPZ Resources, Inc. As the global financial crisis has made raising money difficult for the... 

PotashCorp Reaches Tentative Labor Agreements with Unionized Employees at Cory, Allan and Patience Lake

November 8, 2008 Filed Under: Phosphate Mining  

Potash Corporation of Saskatchewan Inc. (PotashCorp) announce today that it has reached tentative labor agreements with approximately 500 unionized employees at its Allan, Cory and Patience Lake potash operations. These employees, represented by United Steelworkers’ (USW) Local 7689 at Allan, USW Local 7458 at Cory and USW Local 189 at Patience Lake, will vote to ratify the agreements on November... 

Golden Dory/540 Capital Expands Property Position and Commences Phase 2 Airborne at Burin Project

November 3, 2008 Filed Under: Precious Metal, Uranium Mining  

Golden Dory Resources announce that is has acquired 376 additional claims at its 100% owned (3135 claim, 78,375 ha) Burin Project in southern Newfoundland, and that Phase 2 airborne radiometric, magnetic and electromagnetic surveys have commenced. The Burin project is host to newly discovered uranium mineralization hosted within the St. Lawrence Granite and includes recently announced (see news release...