Gentor Resources Inc. closes acquisition of APM Mining Limited

March 9, 2010 Filed Under: Mining Investment, Mining Stocks  
Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

Gunvor Appoints Stephane Caudron as Head of LNG

November 19, 2009 Filed Under: Oil and Gas  
Gunvor Appoints Stephane Caudron as Head of LNG

Gunvor International B.V., one of the world’s major independent energy companies announces Stephane Caudron will be starting on 1 January 2010 as Head of LNG. Mr. Caudron will join Gunvor from RBS Sempra where he was also Head of LNG. He brings more than 25 years experience in the Natural Gas markets having previously held senior positions in Gaz de France, where he was latterly Managing Director... 

Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

October 27, 2009 Filed Under: Mining Investment, Mining Stocks, Oil and Gas  
Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions... 

The Linde Group to invest in largest air separation plant in India

October 27, 2009 Filed Under: Oil and Gas  
The Linde Group to invest in largest air separation plant in India

The technology group The Linde Group today announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd’s plant in Jamshedpur, India. Tata Steel is one of the world’s leading steelmakers. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde’s largest in Asia. The... 

Kodiak Oil & Gas Corp. Announces Public Offering of Common Stock

October 26, 2009 Filed Under: Mining Stocks, Oil and Gas  
Kodiak Oil & Gas Corp. Announces Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced that it is commencing an offering of up to 10,000,000 shares of its common stock in a public offering. KeyBanc Capital Markets Inc. is acting as the sole book runner for the offering and as the co-manager with Thomas Weisel Partners LLC. Proceeds of the offering will be used primarily for drilling and completion activities on Kodiak’s Williston Basin leases... 

Crosstex Energy Acquires Eunice Natural Gas Liquids Processing Plant, Fractionation Facility for $42 Million

October 20, 2009 Filed Under: Mining Investment, Oil and Gas  
Crosstex Energy Acquires Eunice Natural Gas Liquids Processing Plant, Fractionation Facility for $42 Million

The Crosstex Energy companies, Crosstex Energy, L.P. and Crosstex Energy, Inc., announced that the Partnership has acquired the Eunice natural gas liquids (NGLs) processing plant and fractionation facility from Phillip Morris for approximately $42 million, which includes $18 million of assumed debt. Previously, Crosstex managed the plant and facility, which are located in south central Louisiana, under... 

CBM Asia Development Acquires Interest in South Sumatra Production Sharing Contract

August 24, 2009 Filed Under: Coal Mining  
CBM Asia Development Acquires Interest in South Sumatra Production Sharing Contract

CBM Asia Development Corp. announces that it has signed a Letter of Intent (“LOI”) with Batavia Energy Inc. (“Batavia”) to acquire 48 percent of South Sumatra Energy Inc. (“SSE”) which, together with PT Medco CBM Sekayu (“PT Medco”), holds a Production Sharing Contract (“PSC”) for coalbed methane on a 58,349 hectare block located in the South... 

Exploration drilling permit received for Raven Underground Coal project

May 26, 2009 Filed Under: Coal Mining, Mining Investment  
Exploration drilling permit received for Raven Underground Coal project

Compliance Energy Corporation provide a progress report on the Raven Underground Coal project on Vancouver Island British Columbia. Compliance Coal Corporation dba Comox Joint Venture (“CJV”) has just received an exploration permit from BC’s Ministry of Energy, Mines and Petroleum Resources to drill up to 53 holes (15,000 meters) on the Raven Underground Coal Project. The Raven project... 

Vast Exploration Inc. Announces $5 Million Equity Financing

May 8, 2009 Filed Under: Mining Investment, Mining Stocks, Oil and Gas  
Vast Exploration Inc. Announces $5 Million Equity Financing

Vast Exploration Inc., an independent oil and gas company announce that it has entered into an agreement with a syndicate of agents led by Canaccord Capital Corporation and including Genuity Capital Markets and Haywood Securities Inc. to issue, on a private placement “best efforts” agency basis, up to $5,000,000 in units at a price of $0.40 per Unit. Each unit will be comprised of one... 

Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction

March 21, 2009 Filed Under: Mining Equipment  
Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction

Ritchie Bros. is conducting the Company’s first public unreserved auction in Bakersfield, California in 16 years on March 27, 2009 starting at 8:00 a.m. The last multi-million dollar unreserved auction Ritchie Bros. held in Bakersfield was in 1993 when the Company sold over 450 items to more than 500 bidders. The upcoming unreserved auction on March 27th will provide local and international bidders...