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Random News from Mining Top News

First Quantum Minerals Ltd. Announce Issuance of New First Quantum Shares

February 1st, 2010

First Quantum Minerals Ltd. announced that following the successful completion of the acquisition of Kiwara PLC, an application was made on Friday January 29, 2010 to the London Stock Exchange plc for the New First Quantum Shares to be admitted to trading on the Official List. Furthermore, application has been made to the TSX for [...]

Abu Dhabi petroleum conference to address evolving technologies for handling multiphase fluids

February 8th, 2007

During 11-13 February in Abu Dhabi, petroleum managers and engineers have the opportunity to gain new insights into the rapidly evolving technologies for handling multiphase fluids in the oil and gas industry.
The event organized by PennWell, publishers of Oil & Gas Journal, includes short courses, conference presentations and exhibits that clarify the benefits gained from [...]

Rio Tinto rules out BHP counterbid

April 16th, 2008

Rio Tinto Ltd chief executive Tom Albanese has again rejected the notion of teaming up with other companies to counterbid for hostile suitor BHP Billiton Ltd.
An April 8 report from ING Bank NV said a “defensive bid by Rio Tinto for BHP Billiton, with the disposal of the petroleum assets and some mining assets could [...]

Resource Finance & Investment Ltd: Industrial Minerals Quarterly Report Includes Expanded Mineral Reserve

August 26th, 2008

Resource Finance & Investment Limited announce receipt of the latest quarterly update from Industrial Minerals (IDM). IDM advised that following completion of the drilling program, the previously stated 1.38 million short tons of probable ore reserve moved to proved ore. This raised the total of proved ore to 8.68 million short tons.
IDM has also confirmed [...]

Nevada Gold Holdings Inc. Appoints Dave Mathewson as CEO, President and Chief Geologist

May 19th, 2009

Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that at the end of 2008, Dave Mathewson was appointed as CEO, President and Chief Geologist of the Company.
Dave Mathewson is well known in the Nevada gold community. He has been an exploration [...]

Four banks lead loan for BG’s Origin bid

May 5th, 2008

Four banks are leading a syndicated loan to finance British gas producer BG Group Plc’s $US12.1 billion ($A12.99 billion) bid approach for Australian utility group Origin Energy, banking sources said.
BNP Paribas, HSBC, Royal Bank of Scotland and Santander are leading the jumbo acquisition financing, banking sources said.
The size of the facility has not been revealed [...]

ATP Signs GBP 265 Million Agreement to Sell a Portion of Its North Sea Assets

October 27th, 2008

ATP Oil & Gas Corporation and its wholly owned subsidiary ATP Oil & Gas (UK) Limited announced that it has entered into a sale and purchase agreement for £265 million or approximately $430 million with EDF Production UK Limited (“EDF”), a subsidiary of EDF International of France, for certain of ATP’s UK assets in the [...]

The 3rd International Coal Mining Equipment and Services Exhibition – Coal Indonesia 2008

March 3rd, 2008

The 3rd International Coal Mining Equipment Exhibition – Coal Indonesia 2008 will be held on November 2008 at Jakarta Convention Center, Indonesia. Find out how this show improves your business performance.
Coal Indonesia is a specialized industrial trade show that brings together all kinds of coal mining equipment and parts under one roof. It’s an [...]

Twiggy’s iron ore export dream closer

May 14th, 2008

It’s taken almost four years and $3 billion, but Australia’s wealthiest individual Andrew “Twiggy” Forrest is about to turn his iron ore dream into reality.
The first commercial export shipment of his Fortescue Metals Group Ltd is due to commence loading on Thursday at Port Hedland in Western Australia’s remote Pilbara region.
The iron ore is from [...]

Andhra signs bauxite pact with Ras Al Khaimah

February 16th, 2007

The Andhra Pradesh government Wednesday signed a memorandum of understanding (MoU) with the government of Ras Al Khaimah, assuring supply of bauxite for a proposed alumina plant in Visakhapatnam district.
The MoU was signed by Y. Srilakshmi, secretary, the Industries and Commerce Department, and Sheikh Saud Bin Saqr Al Qasimi, the crown prince and deputy ruler [...]