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Random News from Mining Top News

Thompson Creek provides update on capital expenditure plans

Thompson Creek provides update on capital expenditure plans

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today …

December 5th, 2008

Venoco Scales Back 2009 Capital Budget Forecast

Venoco Scales Back 2009 Capital Budget Forecast

…  Inc. announced it will scale back its forecast of 2009 capital expenditures from $300 million to $225 million. “We remain very cognizant of the unusual financial times and are …

December 5th, 2008

Svante Nilsson new President of Business Area Market at Boliden

Svante Nilsson new President of Business Area Market at Boliden

…  Nilsson has been appointed as the new President of Business Area Market, effective as of 1st January 2009, in conjunction with Ulf Söderström’s decision to leave the company to take over …

December 5th, 2008

Maurel & Prom: Increase in the Production and Extension of the Ocelote Field

Maurel & Prom: Increase in the Production and Extension of the Ocelote Field

…  appraisal well Ocelote-7, drilled in the Guarrojo exploration permit located in the Eastern Llanos, approximately 250 km south-west of Bogota has reached the Carbonera C7 formation. This well, drilled with a horizontal drain of 637 feet …

December 5th, 2008

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Resources Ltd. announce that it has signed a Heads of Agreement with …  the Black Sea, offshore Romania. In exchange for a cash consideration and a carry on future investment, Melrose will acquire a 32.5% working …

December 5th, 2008

Canasia Industries Corporation: Awarded Additional Coal Permits from Saskatchewan Government

Canasia Industries Corporation: Awarded Additional Coal Permits from Saskatchewan Government

…  Industries Corporation has received approval from the Saskatchewan Ministry of …  in the future. Management also is looking forward to drilling the gold/copper prospect at Reed Lake. Canasia has been establishing a …

December 5th, 2008

SDRL - Seadrill secures new long-term tender rig contract in West-Africa

SDRL - Seadrill secures new long-term tender rig contract in West-Africa

…  has been awarded a new contract by Cabinda Gulf Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is …

December 5th, 2008

Cadre Services Expands Operations to Northern Louisiana

Cadre Services Expands Operations to Northern Louisiana

…  Services, Inc announced the expansion of its operations to Northern Louisiana. The new …  with Schlumberger, Weatherford, and most recently Bennett Drilling Services where he was operations manager for Northeast Texas and …

December 5th, 2008

Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt

Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt

…  Awards, the rights to explore and develop the block 13/17 concession in the North Sea by the British Government (Department of Energy and …  out geological and seismic modelling before firming up a drilling location. The group has 4 years in which to drill or drop the …

December 5th, 2008

Continental Nickel Reports Grant of Stock Options to a Director

Continental Nickel Reports Grant of Stock Options to a Director

Continental Nickel Limited announce the grant, pursuant to its Stock Option Plan, of an additional 50,000 incentive stock options to a director at an …

December 5th, 2008