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Random News from Mining Top News

London Investor Given Serious Consideration for Baja Iron Project

Cotton & Western Mining, Inc. announced that the company’s Hong Kong credit facility through IBC Strategic is still in place; however, Robert L. Cotton, President & C.E.O., stated that, “Chinese investors are sitting on the fence waiting and watching the market. It is imperative that the company opens production this year in Baja, so we [...]

Tag: baja minerals, iron mine investor, mining iron investment, i require serious investors, iron ore mines in baja california

Canstar Resources Inc. Announces $250,000 Non-Brokered Private Placement to Explore CBS Project, Newfoundland

The Directors of CANSTAR RESOURCES INC. announce a proposed non-brokered private placement financing of up to $250,000 comprising the sale of up to 5,000,000 Units, to be sold at $0.05 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one common share purchase warrant. Each common share purchase [...]

Tag: canstar resources inc, voiseys bay nickel project fluor

Oilfield services provider Superior Well Services Inc. bought Nuex Wireline for $6 million

Oilfield services provider Superior Well Services Inc told the press on friday that the company has bought Nuex Wireline Inc. for about $6 million in cash.
Nuex specializes in cased-hole completion, which involves preparing a path for oil to flow from surrounding rock into production tubing for extraction.
The assets include 5 cased hole trucks, various tools [...]

Tag: acquired for 6 million wireline trucks, wildcat wireline llc, wildcat oil field service, oilfield wireline services, incoming oilfield services

Oil companies discuss energy challenges

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]

U.K. Mining Stocks Fall, Paced by Kazakhmys; ITV Shares Rise

U.K. mining stocks fell, led by Kazakhmys Plc and Anglo American Plc. ITV Plc and Kelda Group Plc paced advancing shares.
The benchmark FTSE 100 Index added 0.5, or less than 0.1 percent, to 6240.40 in London at 8:13 a.m. The FTSE All-Share Index slipped 0.1 to 3225.14. Ireland’s ISEQ Index fell 9.21 to 9313.17.
Kazakhmys, Kazakhstan’s [...]

Congressman Nick Lampson Reveals $375 Mln Contract To Manage Federal Energy Research Program In Sugar Land

Congressmen Nick Lampson and Ralph Hall confirmed that the Research Partnership to Secure Energy for America or RPSEA has finalized and signed a 10-year, $375 million contract to manage research and development of new technology for natural gas and oil exploration and production.
RPSEA has been negotiating this contract with the U.S. Department of Energy since [...]

Russia Sees Birth of Aluminum Giant

Producers Rusal and Sual reportedly will team with Swiss Glencore to form the world’s top aluminum producer, beating Alcoa for the No.1 spot
The deal was openly rumored for weeks, and now it appears to be real. On Oct. 4, according to leaks in the Russian media, Russia’s two largest aluminum producers, Rusal and Sual, and [...]

High Plains Announces Drilling Results on Converse-Sand Creek Project

High Plains Uranium, Inc. and Energy Fuels Inc. (TSX VENTURE: EFR) are pleased to announce favourable results from a drilling program conducted on the Sand Creek Joint Venture area of interest near Douglas, Wyoming. The drilling was conducted by operating partner New Horizon Uranium Corporation.
A drilling program was initiated on November 24, 2006 that [...]

Centric Alloys and ArcelorMittal – Stainless and Nickel Alloys Announce Partnership for Distribution in North America

Centric Alloys Corporation and ArcelorMittal – Stainless and Nickel Alloys, a division of ArcelorMittal, today announced a new partnership for North America. Centric Alloys will be the U.S. sales and distribution channel for the nickel alloy bar and wire rod products supplied to the North American market.
Under the terms of the agreement, Centric Alloys [...]

BP Exploration Alaska to shutdown Prudhoe Bay oil field

BP Exploration Alaska, Inc. has begun an orderly and phased shutdown of the Prudhoe Bay oil field following the discovery of unexpectedly severe corrosion and a small spill from a Prudhoe Bay oil transit line. Shutting down the field will take days to complete. Over time, these actions will reduce Alaska North Slope oil production [...]