No posts found. Try a different search?

Random News from Mining Top News

Occidental Petroleum Announces Third Quarter Earnings of $1.159 Billion, Up 15% from Third Quarter 2005

Occidental Petroleum Corporation announced core earnings for the third quarter 2006 were $1.159 billion ($1.35 per diluted share), compared with $1.004 billion ($1.22 per diluted share) for the same period in 2005. See the attached schedule for a reconciliation of net income to core earnings.
Net income for the third quarter 2006 was $1.168 billion ($1.36 [...]

Molyhil update cheers Thor Mining

Thor Mining was up today as the group focused on advancing tungsten-molybdenum and uranium projects in the Northern Territory of Australia updated on its Molyhil project.
The company said the deep reverse circulation drilling program has completed at Molyhil as part of current definitive feasibility study.
Significant widths of Molyhil black rock magnetite skarn have been intersected [...]

Australia: Gas explorers want a 175pc taxation break

THE Australian gas industry needs taxation concessions and national regulatory consistency if it is to meet its “substantial” potential, an Australian Petroleum Production and Exploration Association report to be released today says.
One result of the report is that APPEA is seeking a 175-per-cent investment allowance so explorers in frontier areas would be able to claim [...]

Norway’s New Offshore Oil Giant to Be Named StatoilHydro

A new state-controlled offshore oil giant made up of Norway’s two key petroleum companies should be called StatoilHydro to end an ongoing debate over its name, the company boards recommended Wednesday.
In December, state-controlled Statoil ASA said it was acquiring the oil and gas operations of smaller rival Norsk Hydro ASA in a $30 billion deal [...]

Sri Lanka seeks US petroleum investors

Sri Lanka’s Minister for Petroleum and Petroleum Resources Development, A. H. M Fowzie, will lead delegation on May 1 to a key meeting in Texas of investors in oil exploration organized by the US embassy in Colombo, reports said. Minister Fowzie and the US ambassador to Sri Lankan Robert O’ Blake are expected to [...]

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, [...]

Orbit Garant Drilling Awarded Major Contract by Newmont Mining

Orbit Garant Drilling Inc. announced that it has entered into a major contract with Newmont Mining Corporation to provide diamond core drilling services at their Boston project in Nunavut.
Under terms of the contract, Orbit Garant expects to complete specialized core drilling over a three-year period at the Hope Bay Project. The Company will utilize [...]

Tag: newmont mining awarded, newmont boston project, international association of mining contractors, result of customer satisfaction survey mining contractor, australian junior mining stock performance

Victory Energy Receives Permit Approval

Victory Energy Corporation announced today it has received permit approval from the Texas Railroad Commission Oil and Gas Division to drill a second 12,500 foot well. This permit is in the Corporation’s current gas play in the Texas Permian Basin.
The permit is for the Strawn Limestone formation, located at a depth of approximately 12,500 feet. [...]

Straits sees more copper in ‘07 after mine changes

Straits Resources Ltd. said on Tuesday it expects its Whim Creek copper mine in Australia to return to full production in 2007 after ore processing difficulties cut output last year.
Production at the mine totalled 3,662 tonnes in the fourth quarter, taking full-year output to 14,800 tonnes, 1,200 tonnes below normal, it said.
Higher-than-usual iron content in [...]

Delta Oil & Gas Elects to Participate in Drilling of an Additional Development Well at Owl Creek, Oklahoma, Drilling to Commence Shortly

Delta Oil and Gas, Inc. is pleased to announce that it has elected to participate in the drilling of an additional development well (the “Isbill #2-36″) located in Garvin & McClain Counties, Oklahoma, USA (“Owl Creek Prospect”).
The entire Owl Creek Prospect has been totally reinterpreted over the past few months after integrating all the seismic [...]