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Random News from Mining Top News

Tanner Companies Announces Name Change to Cadre Services, Inc.

Tanner Companies, a premier provider of oilfield services primarily in Texas and Louisiana, announced that it has changed its name to Cadre Services, Inc. The change is effective immediately.
“Over the past 25 years, Tanner Companies has proudly served the oil and gas market with a growing portfolio of products and services ranging from oilfield construction [...]

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Blanco attacks offshore oil and gas lease sale

Gov. Kathleen Blanco on Wednesday upped the ante in her offensive to get billions of dollars from offshore oil and natural gas royalties for Louisiana, formally objecting to an August sale of federal drilling leases off the state’s coast.
Backing up months of rhetoric, Blanco said she sent a letter opposing the sale to the U.S. [...]

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Arcelor Mittal, Liberia conclude mining agreement

Arcelor Mittal , the world’s largest steelmaker, said on Monday it was ready to go forward with its mining development agreement in Liberia.
It said the agreement will bring the African nation over $1 billion of investment and will create 3,500 direct jobs.

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Frontera Resources Retains SMH Capital for Capital Markets Advisory and Trading Liquidity Services and as Designated Advisor for U.S. Disclosure

Frontera Resources Corporation, an independent oil and gas exploration and production company, today announced that it has entered into a formal agreement with SMH Capital Inc., the broker-dealer subsidiary of Sanders Morris Harris Group, to serve as the Investment Bank Designated Advisor for Disclosure (“DAD”) in connection with Frontera’s OTCQX listing.
In a separate agreement, Frontera [...]

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African oil giant Angola seeks OPEC membership

Angola, sub-Saharan Africa’s second largest oil producer, is seeking to join the Organisation of Petroleum Exporting Countries to reap the gains of being within the cartel, the government has said.
“The council of ministers has said it backs Angola joining
OPEC,” finance ministry spokesman Bastos de Almeida told AFP Thursday.
“By joining OPEC, Angola will no longer be [...]

Dianor Inc.: Coloured Diamonds, Including a Blue Coloured Stone Continue to Predominate in Final Three Drill Holes From Mori Joint Venture Property in Ontario

Dianor Resources Inc. in conjunction with its joint venture partners Metalex Ventures Limited and Mori Diamonds Inc. inform its shareholders that it has received complete results for the remaining 3 holes of the 16 NQ drill holes drilled on the Mori joint venture properties, located 3 kilometres north east and north west [...]

North American Gem Signs MOU to Acquire Appalachia Coal Corp.

North American Gem Inc. announce that it has signed a Memorandum Of Understanding with Appalachia Coal Corporation, a private company with advanced stage coal interests in West Virginia.
ACC currently controls approximately 20,000 acres of coal leases in West Virginia that are in various stages of permitting. Several different coal seams run on ACC’s properties [...]

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Great Northern Oilsands Inc., Announces Drilling Program Update for Rich/Rumsey D3 Reef Well in Alberta, Canada

Great Northern Oilsands Inc. – has been informed by the operator that the 10 day drilling program of the prolific D3 Reef Test Well in the Rich/Rumsey Area of Central Alberta, has been delayed. The spud date for the well has been delayed due to bad weather conditions in the area. Great Northern [...]

Chinese find millions of tons of copper, zinc, lead, iron ore in Qinghai-Tibet Plateau

The Chinese Geological Survey (CGS) Monday released the results of a seven-year survey of the Qinghai-Tibet Plateau, estimating the plateau has mineral resources totaling 30 million to 40 million tons of copper, 40 million tons of lead and zinc, and several billion tons of iron ore.
The plateau is spread out over six provinces and autonomous [...]

Dirty business of coal could get makeover

State regulators on Tuesday signed off on plans to build one of the nation’s first plants that would turn dirty coal into cleaner fuel, generating electricity while dramatically reducing smog and mercury pollution.
If built amid cornfields outside Taylorville, about 200 miles southwest of Chicago, the 630-megawatt plant would provide a lucrative boost to the state’s [...]