Ipsco Inc., a maker of steel pipe for oil and natural-gas companies, said third-quarter profit rose 47 percent to a record as the company’s tax rate fell and demand improved for metal equipment used in energy exploration.
Net income rose to $197 million, or $4.15 a share, from $134 million, or $2.78, a year earlier, Lisle, [...]
Mechel OAO, one of the leading mining and metals companies, announces starting production for repair of type 2 BC-105 dump cars at its Korshunov Mining Plant OAO subsidiary and obtaining a permit for the repaired dump cars to be used at railways of Russia.
To establish the production reconstruction of repairs and mechanics shop was [...]
Oil prices hit an all-time high above $115 a barrel Thursday amid concerns about sagging U.S. gasoline supplies ahead of the peak demand of the Northern Hemisphere summer.
The U.S. Energy Department said Wednesday that inventories of gasoline fell 5.5 million barrels last week, a much bigger decline than forecast by analysts surveyed by Dow Jones [...]
Storm Cat Energy Corporation announced that Keith J. Knapstad, Acting President and Chief Executive Officer, is scheduled to present at the 2007 Canadian Association of Petroleum Producers (CAPP) Oil & Gas Investment Symposium in Calgary, Alberta on June 19th.
The Company’s presentation will take place at 10:20 am MDT on Tuesday, June 19th and will be [...]
Blackrock Resources Inc. an independent mineral exploration company engaged in the acquisition, exploration and development of high-quality gold, silver, and copper properties in North and South America announce that it has signed a letter of agreement with Global Minerals Ltd., a British Columbia company, to enter into a joint venture to develop and exploit Global [...]
Patriot Gold Corp. announce that drilling has been initiated at its Moss Mine Project located within the historic Oatman District of northwestern Arizona. A program of six or seven core holes is testing the down-dip extension of the Moss vein system. Total drilling footage is estimated at 3,000 feet. The drilling will test approximately 2,000 [...]
Production at the Porgera gold mine in Papua New Guinea will likely suffer after a lightning strike disrupted power supplies, part-owner Emperor Mines Ltd. (ASX: EMP.ax) said on Thursday.
A number of generators were knocked out by a series of lightning strikes, reducing power to the mine, it said.
Supplementary power was helping reduce the impact of [...]
Petaquilla Copper Ltd. announced that it has mailed to shareholders and warrant holders and filed on the System for Electronic Document Analysis and Retrieval (SEDAR) a management information circular and related documents in connection with a special meeting of shareholders to be held on Wednesday, November 26, 2008.
The special meeting has been called to approve, [...]
Western Wind Energy is pleased to announce that it will launch a series of countersuits against Pacific Hydro Limited of Australia seeking compensation and damages in excess of $1 billion.
Pacific Hydro had acquired by January 27, 2006, 6 million common shares of Western Wind Energy and 6 million share purchase warrants.
Pacific Hydro owns approximately 25.2% [...]
Minefinders Corporation Ltd. reported that the Company has closed its previously announced C$40,020,000 bought deal offering in which a syndicate of underwriters purchased 9,200,000 units from Minefinders for sale to the public at a price of C$4.35 per unit. Each unit consists of one common share of the Company and one-half of one common share [...]