No posts found. Try a different search?

Random News from Mining Top News

FX Energy, Inc. on Kromolice-1 Well Flows Gas

FX Energy, Inc. is reported to have announced a successful drill stem test (DST) of the Company’s Kromolice-1 well. Located in west central Poland, this exploratory well flowed gas with no water in this first DST. The nearest existing gas discovery is the Company’s Sroda-4 well some 5 kilometers to the southeast.
Vice President of [...]

Thunderbird Joins Ongoing 10 Well Drilling Program in Kansas; First 2 Wells Are Successful and Option Acquired to Drill Multiple Oil and Gas Plays

Thunderbird Energy Corp. (TSX VENTURE:TBD – News; “Thunderbird”) announced today it has entered into an agreement with EHM Energy Partners Inc. (“EHM”) to join their ongoing 10 well drilling program in Rush County, Kansas. EHM has just completed drilling the first 2 wells, and is in the process of equipping them for commercial oil production. [...]

Marathon Begins Detroit Refinery Expansion Work

Marathon Oil Corp. began work to add capacity to its Detroit refinery after receiving approval from state authorities.
The $1.9 billion project will boost the facility’s capacity to 115,000 barrels per day from 102,000 barrels per day — including 80,000 barrels per day of heavy oil, like that held in oil sands.
The project is slated for [...]

Tag: marathon detroit expansion

Vale on Negotiations with Iron Ore Clients

Companhia Vale do Rio Doce, in compliance with a determination of Brazil’s Comissao de Valores Mobiliarios (CVM), informs that it is negotiating with Asian clients the convergence of reference prices for iron ore to the same level of those charged to European clients. Currently, reference prices for Asian clients are 11.0% to 11.5% lower than [...]

METANOR Launches 20,000m Drilling Campaign Following a 9.24 g/t Au Over 33m at BARRY

Metanor Resources Inc. is pleased to announce the beginning of an intense exploration campaign on the Barry property in order to locate the lateral extension and extensions at depth of the gold bearing mineralized zones in the area of the Main zone and in order to discover new similar gold bearing zones on the whole [...]

Tag: redcorp ventures

Endeavour Submits Columbus Field Development Plan

Endeavour International Corporation announced that the company and its partners have submitted for governmental approval a Field Development Plan (FDP) for the Columbus discovery in the Central North Sea in the United Kingdom.
The FDP consists of a multi-phased subsea tie-back to link Columbus production to a central processing facility that is part of the BP-operated [...]

Tag: conocophillips approved

Lundin Mining sells Norrliden to Gold-Ore

Swedish-Canadian mining and exploration firm Lundin Mining has sold its 90 percent stake in the Norrliden project to Canada’s Gold-Ore Resources , IGE Nordic AB said on Friday.
IGE Nordic said in a statement its own 10 percent stake in the zinc-copper project remained unchanged.

Oil prices ease in Asian trade

World oil prices eased further on Tuesday, trading near 123 dollars a barrel as profit taking helped to cool a red-hot market, analysts said.
Crude oil prices have more than doubled in the past year and rocketed about 25 percent since the start of 2008, when they broke the 100-dollar barrier.
“Oil prices have simply risen too [...]

Lundin Mining CEO Steps Down

Lundin Mining Corp. said Thursday that Colin Benner is stepping aside as chief executive officer but will remain with the company as vice chairman.
President and chief operating officer Karl-Axel Waplan will take the CEO title, while Joao Carrelo, currently in charge of operations in Portugal, becomes COO.
“Mr. Benner’s proposal and decision to step down as [...]

Kodiak Oil & Gas Corp to Announce Second Quarter 2008 Operating and Financial Results Conference Call

Kodiak Oil & Gas Corp. an oil and gas exploration and production company with assets in the Green River and Williston Basins is reported to have expected to release its second quarter 2008 financial and operating results after the close of trading on August 6, 2008. In conjunction with Kodiak’s release of its results, investors, [...]