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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

…  Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, …  in planned capital expenditures including the postponement of the completion of the expansion project at its 75%-owned Endako …

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 …  $300 million to $225 million. “We remain very cognizant of the unusual financial times and are committed to managing our capital …

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 …  to approximately EUR 3.6 billion annually. Its shares are listed on Stockholmsbörsen’s Large Cap list and on the Toronto Stock …

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 (194 meters), met the producing formation (Carbonera C7 sands) at …

December 5th, 2008

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Announces Agreement Relating to Offshore Romanian Assets

…  Resources Ltd. announce that it has signed a Heads of Agreement with Melrose Resources plc relating to the Pelican XIII and Midia …  operatorship.” Sterling Resources Ltd. is a Canadian-listed international oil and gas company headquartered in Calgary, Alberta with …

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 Energy and Resources on coal permits covering 46,080 hectares (approximately …  the coal prospects received. Negar Towfigh, President of Canasia stated, “Canasia has already established a significant land position …

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 currently under construction. The contract has a duration of five years with commencement in the first quarter 2010, subsequent to …

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 …  in Bossier City, will provide the full complement of Cadre services to customers in this growing energy-producing region. These …

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

…  Petroleum Inc. announce that is has been awarded, in the 25th Seaward Licencing Round …  in the North Sea by the British Government (Department of Energy and Climate Change). Fox will be operator of the block with a 90% interest. Partner Aimwell Energy has a 10% …

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 exercise price of $1.50 per share with a term of five years. The grant of the options is …

December 5th, 2008